IVV vs LABD
iShares Core S&P 500 ETF vs Direxion Daily S&P Biotech Bear 3X ETF
Which is better, IVV or LABD?
Opposite sides of the same exposure.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two move opposite each other, correlation -0.53, so holding both offsets the exposure while paying both fees.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | LABD |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.07% |
| AUM | $876.4B | $82M |
| Dividend Yield | 1.06% | 6.36% |
| Holdings | 508 | 10 |
| YTD Return | +12.39%Best | -65.15% |
| 1Y Return | +16.61%Best | -83.44% |
| 3Y Return (annualized) | +21.38%Best | -64.94% |
| 5Y Return (annualized) | +13.51%Best | -47.37% |
| Volatility (annualized) | 15.2%Best | 87.2% |
| Max Drawdown | -33.9% | - |
| $10,000 over 5 years | $18,844Best | $404 |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Inverse Equity |
| Inception | May 15, 2000 | May 28, 2015 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 28, 2015 to Sep 18, 2026 (11.3 years).
IVV vs LABD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 11.3 years both funds cover.
IVV vs LABD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Direxion Daily S&P Biotech Bear 3X ETF (LABD) is an ETF from Direxion Shares ETF Trust. Over the past year IVV returned +16.61% while LABD returned -83.44%. Year to date, IVV is up 12.39% versus a loss of 65.15% for LABD.
Over three years, IVV compounded at +21.38% per year against -64.94% for LABD; over five years the annualized figures are +13.51% and -47.37% respectively. Across the full 11-year window we track, IVV has the edge at +12.72% annualized vs -55.67%.
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 15.2% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.53. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
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 1.06% against 6.36% for LABD.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 3 in LABD, totalling 99.3% and 89.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 3 in LABD, against full books of 508 and 10.
You are not choosing between two funds in isolation.
Whichever of IVV and LABD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $104 a year on a $10,000 investment.
Which performed better, IVV or LABD?
Over the past year IVV returned +16.61% vs -83.44% for LABD, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +12.72% vs -55.67% for LABD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LABD?
LABD has been the more volatile fund at 87.2% annualized versus 15.2% for IVV.
Should I hold both IVV and LABD?
IVV and LABD have a monthly-return correlation of -0.53, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, IVV or LABD?
IVV yields 1.06% while LABD yields 6.36%, so LABD currently pays the higher dividend yield.
Is LABD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two move opposite each other, correlation -0.53, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.