IVV vs KPDD
iShares Core S&P 500 ETF vs KraneShares 2x Long PDD Daily ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | KPDD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.27% | |
| AUM | $865.2B | $17M | |
| Dividend Yield | 1.09% | 143.61% | |
| Holdings | 508 | 2 | |
| YTD Return | +14.50% | -54.47% | |
| 1Y Return | +22.02% | -58.54% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 64.1% | |
| Max Drawdown | -56.5% | -77.5% | |
| Fund Family | iShares by BlackRock (US) | KraneShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Mar 11, 2025 |
IVV vs KPDD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and KraneShares 2x Long PDD Daily ETF (KPDD) is a ETF from KraneShares. Over the past year IVV returned +22.02% while KPDD returned -58.54%. Year to date, IVV is up 14.50% versus a loss of 54.47% for KPDD.
Risk: Volatility and Drawdowns
KPDD has been the more volatile fund, with annualized monthly volatility of 64.1% 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 -77.5% for KPDD. 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 0.00. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while KPDD charges 1.27%. On a $10,000 position that is $3 vs $127 annually, a gap of $124 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 143.61% for KPDD.
Holdings Overlap
IVV and KPDD 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, IVV or KPDD?
IVV has an expense ratio of 0.03% while KPDD charges 1.27%. IVV is the cheaper option. On a $10,000 investment, that is $124 per year of difference.
Which performed better, IVV or KPDD?
Over the past year IVV returned +22.02% vs -58.54% for KPDD, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.07% vs -52.00% for KPDD. Past performance does not guarantee future results.
Which is riskier, IVV or KPDD?
KPDD has been the more volatile fund at 64.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs KPDD -77.5%.
Should I hold both IVV and KPDD?
IVV and KPDD have a monthly-return correlation of 0.00, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and KPDD?
IVV and KPDD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or KPDD?
IVV yields 1.09% while KPDD yields 143.61%, so KPDD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.