IVV vs MRAL
iShares Core S&P 500 ETF vs GraniteShares 2x Long MARA Daily ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | MRAL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.50% | |
| AUM | $865.2B | $45M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 2 | |
| YTD Return | +13.72% | -45.43% | |
| 1Y Return | +21.64% | -83.72% | |
| 3Y Return (annualized) | +21.55% | - | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 131.7% | |
| Max Drawdown | -56.5% | -93.5% | |
| Fund Family | iShares by BlackRock (US) | GraniteShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Mar 7, 2025 |
IVV vs MRAL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and GraniteShares 2x Long MARA Daily ETF (MRAL) is a ETF from GraniteShares. Over the past year IVV returned +21.64% while MRAL returned -83.72%. Year to date, IVV is up 13.72% versus a loss of 45.43% for MRAL.
Risk: Volatility and Drawdowns
MRAL has been the more volatile fund, with annualized monthly volatility of 131.7% 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 -93.5% for MRAL. 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while MRAL charges 1.50%. On a $10,000 position that is $3 vs $150 annually, a gap of $147 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for MRAL.
Holdings Overlap
IVV and MRAL share 0 holdings out of 506 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 MRAL?
IVV has an expense ratio of 0.03% while MRAL charges 1.50%. IVV is the cheaper option. On a $10,000 investment, that is $147 per year of difference.
Which performed better, IVV or MRAL?
Over the past year IVV returned +21.64% vs -83.72% for MRAL, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.04% vs -79.08% for MRAL. Past performance does not guarantee future results.
Which is riskier, IVV or MRAL?
MRAL has been the more volatile fund at 131.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs MRAL -93.5%.
Should I hold both IVV and MRAL?
IVV and MRAL have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and MRAL?
IVV and MRAL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or MRAL?
IVV yields 1.09% while MRAL yields 0.00%, so IVV currently pays the higher dividend yield.
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