IVV vs LCDL
iShares Core S&P 500 ETF vs GraniteShares 2x Long LCID Daily ETF
Which is better, IVV or LCDL?
Large Cap Blend against Multi Alternative.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | LCDL |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.15% |
| AUM | $876.4B | $4M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 2 |
| Volatility (annualized) | 12.7%Best | 100.4% |
| Max Drawdown | -8.9% | - |
| $10,000 over 1.2 years | $14,413Best | $128 |
| Fund Family | iShares by BlackRock (US) | GraniteShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Apr 21, 2025 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 65 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Sep 18, 2026 and LCDL through Jul 15, 2026.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Apr 22, 2025 to Jul 15, 2026 (1.2 years).
Risk: Volatility and Drawdowns
LCDL has been the more volatile fund, with annualized monthly volatility of 100.4% compared with 12.7% 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 -0.06. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while LCDL charges 1.15%. On a $10,000 position that is $3 vs $115 annually, a gap of $112 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.00% for LCDL.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 1 in LCDL, totalling 99.3% and 66.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 123 days apart, IVV as of Aug 31, 2026 and LCDL as of Apr 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 1 in LCDL, against full books of 508 and 2.
You are not choosing between two funds in isolation.
Whichever of IVV and LCDL 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 LCDL?
IVV has an expense ratio of 0.03% while LCDL charges 1.15%. IVV is the cheaper option, by $112 a year on a $10,000 investment.
Which is riskier, IVV or LCDL?
LCDL has been the more volatile fund at 100.4% annualized versus 12.7% for IVV.
Should I hold both IVV and LCDL?
IVV and LCDL have a monthly-return correlation of -0.06, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or LCDL?
IVV yields 1.06% while LCDL yields 0.00%, so IVV currently pays the higher dividend yield.
Is LCDL better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.