IVV vs MIDU
iShares Core S&P 500 ETF vs Direxion Daily Mid Cap Bull 3X ETF
Which is better, IVV or MIDU?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio. IVV led over 5Y, MIDU over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90.
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 | MIDU |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.98% |
| AUM | $879.1B | $62M |
| Dividend Yield | 1.09% | 0.46% |
| Holdings | 509 | 406 |
| YTD Return | +11.33% | +18.39%Best |
| 1Y Return | +13.50% | +32.01%Best |
| 3Y Return (annualized) | +20.45% | +23.29%Best |
| 5Y Return (annualized) | +11.61%Best | -2.97% |
| Volatility (annualized) | 14.7%Best | 53.1% |
| Max Drawdown | -33.9%Best | -86.5% |
| $10,000 over 5 years | $17,319Best | $8,601 |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Jan 8, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 8, 2009 to Nov 13, 2026 (17.8 years).
IVV vs MIDU 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 17.8 years both funds cover.
IVV vs MIDU Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Direxion Daily Mid Cap Bull 3X ETF (MIDU) is an ETF from Direxion Shares ETF Trust. Over the past year IVV returned +13.50% while MIDU returned +32.01%. Year to date, IVV is up 11.33% versus a gain of 18.39% for MIDU.
Over three years, IVV compounded at +20.45% per year against +23.29% for MIDU; over five years the annualized figures are +11.61% and -2.97% respectively. Across the full 18-year window we track, MIDU has the edge at +15.39% annualized vs +13.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MIDU has been the more volatile fund, with annualized monthly volatility of 53.1% compared with 14.7% 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 -33.9% for IVV and -86.5% for MIDU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while MIDU charges 0.98%. On a $10,000 position that is $3 vs $98 annually, a gap of $95 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.46% for MIDU.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 291 in MIDU, totalling 99.2% and 79.2% 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 490 positions we hold weights for in IVV and 291 in MIDU, against full books of 509 and 406.
You are not choosing between two funds in isolation.
Whichever of IVV and MIDU 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 MIDU?
IVV has an expense ratio of 0.03% while MIDU charges 0.98%. IVV is the cheaper option, by $95 a year on a $10,000 investment.
Which performed better, IVV or MIDU?
Over the past year IVV returned +13.50% vs +32.01% for MIDU, so MIDU leads on 1-year performance. Over the longest common window we track (18 years), IVV annualized +13.10% vs +15.39% for MIDU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MIDU?
MIDU has been the more volatile fund at 53.1% annualized versus 14.7% for IVV. Worst drawdown: IVV -33.9% vs MIDU -86.5%.
Should I hold both IVV and MIDU?
IVV and MIDU have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, IVV or MIDU?
IVV yields 1.09% while MIDU yields 0.46%, so IVV currently pays the higher dividend yield.
Is MIDU better than IVV?
IVV has a lower expense ratio. IVV led over 5Y, MIDU over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.