IVV vs LTL
iShares Core S&P 500 ETF vs ProShares Ultra Communication Services
Which is better, IVV or LTL?
Large Cap Blend against Multi Alternative.
IVV has a lower expense ratio. IVV led over 1Y and the full window, LTL over 3Y and 5Y.
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 | LTL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.95% |
| AUM | $876.4B | $6M |
| Dividend Yield | 1.06% | 1.01% |
| Holdings | 508 | 28 |
| YTD Return | +11.03%Best | -10.98% |
| 1Y Return | +15.62%Best | -14.27% |
| 3Y Return (annualized) | +20.81% | +30.97%Best |
| 5Y Return (annualized) | +12.61% | +15.89%Best |
| Volatility (annualized) | 15.7%Best | 34.1% |
| Max Drawdown | -52.4%Best | -80.7% |
| $10,000 over 5 years | $18,109 | $20,904Best |
| Fund Family | iShares by BlackRock (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Mar 25, 2008 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 8, 2008 to Sep 16, 2026 (18.4 years).
IVV vs LTL 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 18.4 years both funds cover.
IVV vs LTL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and ProShares Ultra Communication Services (LTL) is an ETF from ProShares. Over the past year IVV returned +15.62% while LTL returned -14.27%. Year to date, IVV is up 11.03% versus a loss of 10.98% for LTL.
Over three years, IVV compounded at +20.81% per year against +30.97% for LTL; over five years the annualized figures are +12.61% and +15.89% respectively. Across the full 18-year window we track, IVV has the edge at +10.19% annualized vs +5.86%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LTL has been the more volatile fund, with annualized monthly volatility of 34.1% compared with 15.7% 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 -52.4% for IVV and -80.7% for LTL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while LTL charges 0.95%. On a $10,000 position that is $3 vs $95 annually, a gap of $92 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.01% for LTL.
Holdings Overlap
At least 9.5% of IVV's money is in holdings LTL also owns.
Stated as a floor: for LTL, our book for it covers 60.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
IVV and LTL share little of their money.
23 positions in common, counted across the 490 positions we hold weights for in IVV and 24 in LTL, against full books of 508 and 28.
Top Shared Holdings
| Stock | Weight in IVV | Weight in LTL | Difference |
|---|---|---|---|
| METAMeta Platforms Inc | 1.90% | 10.22% | 8.32% |
| GOOGLAlphabet Inc,class A | 3.00% | 6.27% | 3.27% |
| GOOGAlphabet Inc | 2.39% | 5.00% | 2.61% |
| TBBAt&t Inc | 0.27% | 3.20% | 2.93% |
| NFLXNetflix, Inc. | 0.51% | 2.96% | 2.45% |
| VZVerizon Communic | 0.32% | 3.06% | 2.74% |
| DISWalt Disney Co | 0.28% | 2.94% | 2.66% |
| CMCSAComcast Corp-class A Cmcsa | 0.14% | 2.96% | 2.82% |
| WBDWarner Bros. Discovery, Inc | 0.11% | 2.83% | 2.72% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.13% | 2.79% | 2.66% |
You are not choosing between two funds in isolation.
Whichever of IVV and LTL 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 LTL?
IVV has an expense ratio of 0.03% while LTL charges 0.95%. IVV is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, IVV or LTL?
Over the past year IVV returned +15.62% vs -14.27% for LTL, so IVV leads on 1-year performance. Over the longest common window we track (18 years), IVV annualized +10.19% vs +5.86% for LTL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LTL?
LTL has been the more volatile fund at 34.1% annualized versus 15.7% for IVV. Worst drawdown: IVV -52.4% vs LTL -80.7%.
Should I hold both IVV and LTL?
IVV and LTL have a monthly-return correlation of 0.76, 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 LTL?
At least 9.5% of IVV's money is in holdings LTL also owns. Our book for LTL is partial, so the real figure is this or higher. They hold 23 positions in common, counted across the 490 positions we hold weights for in IVV and 24 in LTL.
Which pays a higher dividend, IVV or LTL?
IVV yields 1.06% while LTL yields 1.01%, so IVV currently pays the higher dividend yield.
Is LTL better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window, LTL over 3Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.