IONZ vs IVV
Defiance Daily Target 2X Short IONQ ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IONZ | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.29% | 0.03% | |
| AUM | $6M | $907.0B | |
| Dividend Yield | 0.00% | 1.10% | |
| Holdings | 7 | 508 | |
| YTD Return | -88.33% | +12.71% | |
| 1Y Return | -97.87% | +21.89% | |
| 3Y Return (annualized) | - | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 157.2% | 15.1% | |
| Max Drawdown | -98.7% | -56.5% | |
| Fund Family | Defiance ETFs, LLC | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 23, 2025 | May 15, 2000 |
IONZ vs IVV Performance
Defiance Daily Target 2X Short IONQ ETF (IONZ) is a ETF from Defiance ETFs, LLC and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IONZ returned -97.87% while IVV returned +21.89%. Year to date, IONZ is down 88.33% versus a gain of 12.71% for IVV.
Risk: Volatility and Drawdowns
IONZ has been the more volatile fund, with annualized monthly volatility of 157.2% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -98.7% for IONZ and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.78. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IONZ charges 1.29% per year while IVV charges 0.03%. On a $10,000 position that is $129 vs $3 annually, a gap of $126 per year that compounds over a long holding period. On income, IONZ currently yields 0.00% against 1.10% for IVV.
Holdings Overlap
IONZ and IVV share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IONZ or IVV?
IONZ has an expense ratio of 1.29% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $126 per year of difference.
Which performed better, IONZ or IVV?
Over the past year IONZ returned -97.87% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IONZ annualized -96.62% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, IONZ or IVV?
IONZ has been the more volatile fund at 157.2% annualized versus 15.1% for IVV. Worst drawdown: IONZ -98.7% vs IVV -56.5%.
Should I hold both IONZ and IVV?
IONZ and IVV have a monthly-return correlation of -0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IONZ and IVV?
IONZ and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IONZ or IVV?
IONZ yields 0.00% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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