IVV vs MSDD
iShares Core S&P 500 ETF vs GraniteShares 2x Short MSTR Daily ETF
Quick Verdict
IVV has a lower expense ratio. MSDD delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | MSDD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.50% | |
| AUM | $865.2B | $2M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 1 | |
| YTD Return | +13.80% | -45.26% | |
| 1Y Return | +23.70% | +70.78% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 133.8% | |
| Max Drawdown | -56.5% | -84.9% | |
| Fund Family | iShares by BlackRock (US) | GraniteShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jun 9, 2025 |
IVV vs MSDD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and GraniteShares 2x Short MSTR Daily ETF (MSDD) is a ETF from GraniteShares. Over the past year IVV returned +23.70% while MSDD returned +70.78%. Year to date, IVV is up 13.80% versus a loss of 45.26% for MSDD.
Risk: Volatility and Drawdowns
MSDD has been the more volatile fund, with annualized monthly volatility of 133.8% 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 -84.9% for MSDD. 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 -0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while MSDD 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 MSDD.
Frequently Asked Questions
Which is cheaper, IVV or MSDD?
IVV has an expense ratio of 0.03% while MSDD 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 MSDD?
Over the past year IVV returned +23.70% vs +70.78% for MSDD, so MSDD leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.05% vs +87.92% for MSDD. Past performance does not guarantee future results.
Which is riskier, IVV or MSDD?
MSDD has been the more volatile fund at 133.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs MSDD -84.9%.
Should I hold both IVV and MSDD?
IVV and MSDD have a monthly-return correlation of -0.42, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or MSDD?
IVV yields 1.09% while MSDD yields 0.00%, so IVV currently pays the higher dividend yield.
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