IVV vs KORU

Quick Verdict

IVV has a lower expense ratio. KORU delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: KORUMore Diversified: IVV

Side-by-Side Comparison

MetricIVVKORUWinner
Expense Ratio0.03%1.32%
AUM$865.2B$1.3B
Dividend Yield1.09%0.01%
Holdings50810
YTD Return+13.80%+66.52%
1Y Return+23.70%+316.88%
3Y Return (annualized)+21.49%+58.51%
5Y Return (annualized)+13.43%-1.50%
Volatility (annualized)15.1%88.3%
Max Drawdown-56.5%-96.0%
Fund FamilyiShares by BlackRock (US)Direxion Shares ETF Trust
CategoryEquityAlternative
InceptionMay 15, 2000Apr 10, 2013

IVV vs KORU Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily MSCI South Korea Bull 3X ETF (KORU) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +23.70% while KORU returned +316.88%. Year to date, IVV is up 13.80% versus a gain of 66.52% for KORU.

Over three years, IVV compounded at +21.49% per year against +58.51% for KORU; over five years the annualized figures are +13.43% and -1.50% respectively. Across the full 13-year window we track, IVV has the edge at +7.05% annualized vs -1.08%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

KORU has been the more volatile fund, with annualized monthly volatility of 88.3% 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 -56.5% for IVV and -96.0% for KORU. 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while KORU charges 1.32%. On a $10,000 position that is $3 vs $132 annually, a gap of $129 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.01% for KORU.

Holdings Overlap

0.0%overlap

IVV and KORU share 0 holdings out of 509 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, IVV or KORU?

IVV has an expense ratio of 0.03% while KORU charges 1.32%. IVV is the cheaper option. On a $10,000 investment, that is $129 per year of difference.

Which performed better, IVV or KORU?

Over the past year IVV returned +23.70% vs +316.88% for KORU, so KORU leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +7.05% vs -1.08% for KORU. Past performance does not guarantee future results.

Which is riskier, IVV or KORU?

KORU has been the more volatile fund at 88.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs KORU -96.0%.

Should I hold both IVV and KORU?

IVV and KORU have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and KORU?

IVV and KORU share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.

Which pays a higher dividend, IVV or KORU?

IVV yields 1.09% while KORU yields 0.01%, so IVV currently pays the higher dividend yield.

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