IVV vs METU

IVV vs METU
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Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVMETUWinner
Expense Ratio0.03%1.02%
AUM$907.0B$437M
Dividend Yield1.10%4.61%
Holdings50810
YTD Return+12.71%-40.45%
1Y Return+21.89%-57.19%
3Y Return (annualized)+22.08%-
5Y Return (annualized)+12.96%-
Volatility (annualized)15.1%62.4%
Max Drawdown-56.5%-63.9%
Fund FamilyiShares by BlackRock (US)Direxion Shares ETF Trust
CategoryEquityAlternative
InceptionMay 15, 2000Jun 5, 2024

IVV vs METU Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily META Bull 2X ETF (METU) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +21.89% while METU returned -57.19%. Year to date, IVV is up 12.71% versus a loss of 40.45% for METU.

Risk: Volatility and Drawdowns

METU has been the more volatile fund, with annualized monthly volatility of 62.4% 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 -63.9% for METU. 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while METU 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 1.10% against 4.61% for METU.

Holdings Overlap

2.2%overlap

IVV and METU share 1 holdings out of 509 unique holdings combined, representing a 2.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in METUDifference
META2.19%17.67%15.48%

Frequently Asked Questions

Which is cheaper, IVV or METU?

IVV has an expense ratio of 0.03% while METU 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 METU?

Over the past year IVV returned +21.89% vs -57.19% for METU, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.00% vs -13.86% for METU. Past performance does not guarantee future results.

Which is riskier, IVV or METU?

METU has been the more volatile fund at 62.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs METU -63.9%.

Should I hold both IVV and METU?

IVV and METU have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and METU?

IVV and METU share 1 common holdings with a 2.2% weight overlap. Combined, they hold 509 unique securities.

Which pays a higher dividend, IVV or METU?

IVV yields 1.10% while METU yields 4.61%, so METU currently pays the higher dividend yield.

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