IVV vs LMBO
iShares Core S&P 500 ETF vs Direxion Daily Crypto Industry Bull 2X ETF
Which is better, IVV or LMBO?
Large Cap Blend against Leverage Strategy.
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 | LMBO |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.98% |
| AUM | $876.4B | $6M |
| Dividend Yield | 1.06% | 6.09% |
| Holdings | 508 | 31 |
| Volatility (annualized) | 11.1%Best | 73.3% |
| Max Drawdown | -18.8%Best | -67.6% |
| $10,000 over 1.7 years | $12,422Best | $8,051 |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Leverage Strategy |
| Inception | May 15, 2000 | Jul 17, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 153 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 10, 2026 and LMBO through Apr 10, 2026.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jul 17, 2024 to Apr 10, 2026 (1.7 years).
Risk: Volatility and Drawdowns
LMBO has been the more volatile fund, with annualized monthly volatility of 73.3% compared with 11.1% 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 -18.8% for IVV and -67.6% for LMBO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while LMBO charges 0.98%. On a $10,000 position that is $3 vs $98 annually, a gap of $95 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 6.09% for LMBO.
Holdings Overlap
At least 9.9% of IVV's money is in holdings LMBO also owns.
Only one direction is shown: for LMBO, our book for it lists positions totalling 105.9% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
IVV and LMBO share little of their money.
The two holdings books were reported 187 days apart, IVV as of Aug 5, 2026 and LMBO as of Jan 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
7 positions in common, counted across the 505 positions we hold weights for in IVV and 29 in LMBO, against full books of 508 and 31.
You are not choosing between two funds in isolation.
Whichever of IVV and LMBO 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 LMBO?
IVV has an expense ratio of 0.03% while LMBO charges 0.98%. IVV is the cheaper option, by $95 a year on a $10,000 investment.
Which is riskier, IVV or LMBO?
LMBO has been the more volatile fund at 73.3% annualized versus 11.1% for IVV. Worst drawdown: IVV -18.8% vs LMBO -67.6%.
Should I hold both IVV and LMBO?
IVV and LMBO have a monthly-return correlation of 0.73, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and LMBO?
At least 9.9% of IVV's money is in holdings LMBO also owns. Our book for LMBO is partial, so the real figure is this or higher. They hold 7 positions in common, counted across the 505 positions we hold weights for in IVV and 29 in LMBO.
Which pays a higher dividend, IVV or LMBO?
IVV yields 1.06% while LMBO yields 6.09%, so LMBO currently pays the higher dividend yield.
Is LMBO 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.