IVV vs MSFD
iShares Core S&P 500 ETF vs Direxion Daily MSFT Bear 1X ETF
Which is better, IVV or MSFD?
Opposite sides of the same exposure.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.53, so holding both offsets the exposure while paying both fees.
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 | MSFD |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.02% |
| AUM | $886.7B | $12M |
| Dividend Yield | 1.10% | 4.03% |
| Holdings | 508 | 6 |
| YTD Return | +13.39%Best | -10.83% |
| 1Y Return | +20.08%Best | -3.70% |
| 3Y Return (annualized) | +21.29%Best | -13.23% |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 13.2%Best | 26.0% |
| Max Drawdown | -18.8%Best | -60.0% |
| $10,000 over 4 years | $20,406Best | $4,833 |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Inverse Equity |
| Inception | May 15, 2000 | Sep 7, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 8, 2022 to Sep 4, 2026 (4 years).
IVV vs MSFD 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 4 years both funds cover.
IVV vs MSFD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Direxion Daily MSFT Bear 1X ETF (MSFD) is an ETF from Direxion Shares ETF Trust. Over the past year IVV returned +20.08% while MSFD returned -3.70%. Year to date, IVV is up 13.39% versus a loss of 10.83% for MSFD.
Over three years, IVV compounded at +21.29% per year against -13.23% for MSFD. Across the full 4-year window we track, IVV has the edge at +19.52% annualized vs -16.62%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSFD has been the more volatile fund, with annualized monthly volatility of 26.0% compared with 13.2% 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 -18.8% for IVV and -60.0% for MSFD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.53. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
IVV charges 0.03% per year while MSFD 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 4.03% for MSFD.
Holdings Overlap
We hold position weights for 504 holdings in IVV and 3 in MSFD, totalling 100.0% and 88.1% 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 504 positions we hold weights for in IVV and 3 in MSFD, against full books of 508 and 6.
You are not choosing between two funds in isolation.
Whichever of IVV and MSFD 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 MSFD?
IVV has an expense ratio of 0.03% while MSFD charges 1.02%. IVV is the cheaper option, by $99 a year on a $10,000 investment.
Which performed better, IVV or MSFD?
Over the past year IVV returned +20.08% vs -3.70% for MSFD, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +19.52% vs -16.62% for MSFD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MSFD?
MSFD has been the more volatile fund at 26.0% annualized versus 13.2% for IVV. Worst drawdown: IVV -18.8% vs MSFD -60.0%.
Should I hold both IVV and MSFD?
IVV and MSFD have a monthly-return correlation of -0.53, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, IVV or MSFD?
IVV yields 1.10% while MSFD yields 4.03%, so MSFD currently pays the higher dividend yield.
Is MSFD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.53, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.