IVV vs LABD
IVV vs LABD
iShares Core S&P 500 ETF vs Direxion Daily S&P Biotech Bear 3X 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 | LABD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.07% | |
| AUM | $865.2B | $65M | |
| Dividend Yield | 1.09% | 5.44% | |
| Holdings | 508 | 10 | |
| YTD Return | +13.80% | -64.01% | |
| 1Y Return | +23.70% | -88.46% | |
| 3Y Return (annualized) | +21.49% | -63.06% | |
| 5Y Return (annualized) | +13.43% | -47.88% | |
| Volatility (annualized) | 15.1% | 87.2% | |
| Max Drawdown | -56.5% | -100.0% | |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | May 28, 2015 |
IVV vs LABD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily S&P Biotech Bear 3X ETF (LABD) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +23.70% while LABD returned -88.46%. Year to date, IVV is up 13.80% versus a loss of 64.01% for LABD.
Over three years, IVV compounded at +21.49% per year against -63.06% for LABD; over five years the annualized figures are +13.43% and -47.88% respectively. Across the full 11-year window we track, IVV has the edge at +7.05% annualized vs -55.91%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LABD has been the more volatile fund, with annualized monthly volatility of 87.2% 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 -56.5% for IVV and -100.0% for LABD. 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 -0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while LABD charges 1.07%. On a $10,000 position that is $3 vs $107 annually, a gap of $104 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 5.44% for LABD.
Holdings Overlap
IVV and LABD 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 LABD?
IVV has an expense ratio of 0.03% while LABD charges 1.07%. IVV is the cheaper option. On a $10,000 investment, that is $104 per year of difference.
Which performed better, IVV or LABD?
Over the past year IVV returned +23.70% vs -88.46% for LABD, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +7.05% vs -55.91% for LABD. Past performance does not guarantee future results.
Which is riskier, IVV or LABD?
LABD has been the more volatile fund at 87.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs LABD -100.0%.
Should I hold both IVV and LABD?
IVV and LABD have a monthly-return correlation of -0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and LABD?
IVV and LABD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or LABD?
IVV yields 1.09% while LABD yields 5.44%, so LABD currently pays the higher dividend yield.
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