IVV vs LLYX
iShares Core S&P 500 ETF vs Defiance Daily Target 2X Long LLY ETF
Which is better, IVV or LLYX?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. IVV led over the full window, LLYX over 1Y.
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 | LLYX |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.32% |
| AUM | $876.4B | $44M |
| Dividend Yield | 1.06% | 2.84% |
| Holdings | 508 | 20 |
| YTD Return | +12.39%Best | -4.75% |
| 1Y Return | +16.61% | +78.92%Best |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.4%Best | 69.2% |
| Max Drawdown | -18.8%Best | -68.0% |
| $10,000 over 2.1 years | $14,719Best | $10,599 |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Aug 7, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 8, 2024 to Sep 18, 2026 (2.1 years).
IVV vs LLYX 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 2.1 years both funds cover.
IVV vs LLYX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Defiance Daily Target 2X Long LLY ETF (LLYX) is an ETF from Defiance ETFs, LLC. Over the past year IVV returned +16.61% while LLYX returned +78.92%. Year to date, IVV is up 12.39% versus a loss of 4.75% for LLYX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LLYX has been the more volatile fund, with annualized monthly volatility of 69.2% compared with 12.4% 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 -18.8% for IVV and -68.0% for LLYX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.10. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while LLYX 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 1.06% against 2.84% for LLYX.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 1 in LLYX, totalling 99.3% and 17.7% 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 1 in LLYX, against full books of 508 and 20.
You are not choosing between two funds in isolation.
Whichever of IVV and LLYX 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 LLYX?
IVV has an expense ratio of 0.03% while LLYX charges 1.32%. IVV is the cheaper option, by $129 a year on a $10,000 investment.
Which performed better, IVV or LLYX?
Over the past year IVV returned +16.61% vs +78.92% for LLYX, so LLYX leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +20.21% vs +2.81% for LLYX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LLYX?
LLYX has been the more volatile fund at 69.2% annualized versus 12.4% for IVV. Worst drawdown: IVV -18.8% vs LLYX -68.0%.
Should I hold both IVV and LLYX?
IVV and LLYX have a monthly-return correlation of 0.10, 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 LLYX?
IVV yields 1.06% while LLYX yields 2.84%, so LLYX currently pays the higher dividend yield.
Is LLYX better than IVV?
IVV has a lower expense ratio. IVV led over the full window, LLYX over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.