IVV vs METD

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVMETDWinner
Expense Ratio0.03%1.02%
AUM$865.2B$9M
Dividend Yield1.09%2.48%
Holdings50838
YTD Return+13.43%+0.55%
1Y Return+22.61%+17.75%
3Y Return (annualized)+21.47%-
5Y Return (annualized)+13.26%-
Volatility (annualized)15.1%29.9%
Max Drawdown-56.5%-46.0%
Fund FamilyiShares by BlackRock (US)Direxion Shares ETF Trust
CategoryEquityAlternative
InceptionMay 15, 2000Jun 5, 2024

IVV vs METD Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily META Bear 1X ETF (METD) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +22.61% while METD returned +17.75%. Year to date, IVV is up 13.43% versus a gain of 0.55% for METD.

Risk: Volatility and Drawdowns

METD has been the more volatile fund, with annualized monthly volatility of 29.9% compared with 15.1% 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 -56.5% for IVV and -46.0% for METD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.64. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while METD charges 1.02%. On a $10,000 position that is $3 vs $102 annually, a gap of $99 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.48% for METD.

Holdings Overlap

0.0%overlap

IVV and METD share 0 holdings out of 509 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, IVV or METD?

IVV has an expense ratio of 0.03% while METD charges 1.02%. IVV is the cheaper option. On a $10,000 investment, that is $99 per year of difference.

Which performed better, IVV or METD?

Over the past year IVV returned +22.61% vs +17.75% for METD, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.03% vs -14.51% for METD. Past performance does not guarantee future results.

Which is riskier, IVV or METD?

METD has been the more volatile fund at 29.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs METD -46.0%.

Should I hold both IVV and METD?

IVV and METD have a monthly-return correlation of -0.64, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and METD?

IVV and METD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.

Which pays a higher dividend, IVV or METD?

IVV yields 1.09% while METD yields 2.48%, so METD currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.