IVV vs LMTL
iShares Core S&P 500 ETF vs Direxion Daily LMT Bull 2X ETF
Which is better, IVV or LMTL?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio. IVV led over 1Y, LMTL over 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 | LMTL |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.07% |
| AUM | $876.4B | $3M |
| Dividend Yield | 1.06% | 3.79% |
| Holdings | 508 | 9 |
| YTD Return | +13.32%Best | -0.32% |
| 1Y Return | +17.08%Best | +1.40% |
| 3Y Return (annualized) | +22.72% | - |
| 5Y Return (annualized) | +13.20% | - |
| Volatility (annualized) | 12.8%Best | 86.4% |
| Max Drawdown | -8.9%Best | -49.3% |
| $10,000 over 1.1 years | $12,241 | $12,547Best |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Aug 6, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 6, 2025 to Sep 23, 2026 (1.1 years).
IVV vs LMTL 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 1.1 years both funds cover.
IVV vs LMTL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Direxion Daily LMT Bull 2X ETF (LMTL) is an ETF from Direxion Shares ETF Trust. Over the past year IVV returned +17.08% while LMTL returned +1.40%. Year to date, IVV is up 13.32% versus a loss of 0.32% for LMTL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LMTL has been the more volatile fund, with annualized monthly volatility of 86.4% compared with 12.8% 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 -8.9% for IVV and -49.3% for LMTL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.11. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while LMTL 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 3.79% for LMTL.
Holdings Overlap
At least 0.2% of IVV's money is in holdings LMTL also owns.
Only one direction is shown: for LMTL, our book for it lists positions totalling 106.5% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 4 in LMTL, against full books of 508 and 9.
Top Shared Holdings
| Stock | Weight in IVV | Weight in LMTL | Difference |
|---|---|---|---|
| LMTLockheed Martin Corp | 0.17% | 15.14% | 14.97% |
You are not choosing between two funds in isolation.
Whichever of IVV and LMTL 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 LMTL?
IVV has an expense ratio of 0.03% while LMTL charges 1.07%. IVV is the cheaper option, by $104 a year on a $10,000 investment.
Which performed better, IVV or LMTL?
Over the past year IVV returned +17.08% vs +1.40% for LMTL, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +20.18% vs +22.91% for LMTL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LMTL?
LMTL has been the more volatile fund at 86.4% annualized versus 12.8% for IVV. Worst drawdown: IVV -8.9% vs LMTL -49.3%.
Should I hold both IVV and LMTL?
IVV and LMTL have a monthly-return correlation of -0.11, 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 LMTL?
IVV yields 1.06% while LMTL yields 3.79%, so LMTL currently pays the higher dividend yield.
Is LMTL better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, LMTL over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.