IVV vs LUNL
iShares Core S&P 500 ETF vs Defiance Daily Target 2X Long LUNR ETF
Which is better, IVV or LUNL?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio. IVV led over 1Y, LUNL 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 | LUNL |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.34% |
| AUM | $850.0B | $7M |
| Dividend Yield | 1.09% | 0.00% |
| Holdings | 1,018 | 20 |
| YTD Return | +12.12%Best | -87.92% |
| 1Y Return | +12.53%Best | -87.92% |
| 3Y Return (annualized) | +21.54% | - |
| 5Y Return (annualized) | +11.93% | - |
| Volatility (annualized) | 14.1%Best | 1225546.1% |
| Max Drawdown | -33.9%Best | -98.1% |
| $10,000 over 16.2 years | $76,034 | $13,156,524Best |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Jan 12, 2026 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 16.2 years row, are measured over the window both funds cover: Aug 19, 2010 to Nov 11, 2026 (16.2 years).
IVV vs LUNL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs LUNL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Defiance Daily Target 2X Long LUNR ETF (LUNL) is an ETF from Defiance ETFs, LLC. Over the past year IVV returned +12.53% while LUNL returned -87.92%. Year to date, IVV is up 12.12% versus a loss of 87.92% for LUNL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LUNL has been the more volatile fund, with annualized monthly volatility of 1225546.1% compared with 14.1% 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 -33.9% for IVV and -98.1% for LUNL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.00. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while LUNL charges 1.34%. On a $10,000 position that is $3 vs $134 annually, a gap of $131 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for LUNL.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 1 in LUNL, totalling 100.1% and 2.9% 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 505 positions we hold weights for in IVV and 1 in LUNL, against full books of 1,018 and 20.
You are not choosing between two funds in isolation.
Whichever of IVV and LUNL 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 LUNL?
IVV has an expense ratio of 0.03% while LUNL charges 1.34%. IVV is the cheaper option, by $131 a year on a $10,000 investment.
Which performed better, IVV or LUNL?
Over the past year IVV returned +12.53% vs -87.92% for LUNL, so IVV leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +13.34% vs +55.79% for LUNL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LUNL?
LUNL has been the more volatile fund at 1225546.1% annualized versus 14.1% for IVV. Worst drawdown: IVV -33.9% vs LUNL -98.1%.
Should I hold both IVV and LUNL?
IVV and LUNL have a monthly-return correlation of 0.00, 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 LUNL?
IVV yields 1.09% while LUNL yields 0.00%, so IVV currently pays the higher dividend yield.
Is LUNL better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, LUNL over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.