IVV vs MSFL

IVV vs MSFL

Which is better, IVV or MSFL?

IVV has been ahead.

IVV has a lower expense ratio. IVV led over 1Y and the full window.

Lower Fees: IVVHigher Returns: IVV

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

MetricIVVMSFL
Expense Ratio0.03%Best1.15%
AUM$886.7B$74M
Dividend Yield1.10%0.00%
Holdings5082
YTD Return+13.39%Best-2.92%
1Y Return+20.08%Best-18.38%
3Y Return (annualized)+21.29%-
5Y Return (annualized)+12.88%-
Volatility (annualized)12.1%Best60.6%
Max Drawdown-18.8%Best-62.1%
$10,000 over 2.5 years$15,555Best$9,866
Fund FamilyiShares by BlackRock (US)GraniteShares
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionMay 15, 2000Mar 4, 2024

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 18, 2024 to Sep 4, 2026 (2.5 years).

IVV vs MSFL 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 2.5 years both funds cover.

IVV vs MSFL Performance

iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and GraniteShares 2x Long MSFT Daily ETF (MSFL) is an ETF from GraniteShares. Over the past year IVV returned +20.08% while MSFL returned -18.38%. Year to date, IVV is up 13.39% versus a loss of 2.92% for MSFL.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MSFL has been the more volatile fund, with annualized monthly volatility of 60.6% compared with 12.1% 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 -18.8% for IVV and -62.1% for MSFL. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.

Fees and Cost Over Time

IVV charges 0.03% per year while MSFL charges 1.15%. On a $10,000 position that is $3 vs $115 annually, a gap of $112 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for MSFL.

Holdings Overlap

IVV already in MSFL5.4%

At least 5.4% of IVV's money is in holdings MSFL also owns.

Stated as a floor: for MSFL, our book for it covers 66.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

IVV and MSFL share little of their money.

1 positions in common, counted across the 505 positions we hold weights for in IVV and 1 in MSFL, against full books of 508 and 2.

Top Shared Holdings

StockWeight in IVVWeight in MSFLDifference
MSFTMicrosoft Corp 4.100 Feb 06 375.44%66.64%61.20%

You are not choosing between two funds in isolation.

Whichever of IVV and MSFL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

IVVMSFL

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, IVV or MSFL?

IVV has an expense ratio of 0.03% while MSFL charges 1.15%. IVV is the cheaper option, by $112 a year on a $10,000 investment.

Which performed better, IVV or MSFL?

Over the past year IVV returned +20.08% vs -18.38% for MSFL, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IVV or MSFL?

MSFL has been the more volatile fund at 60.6% annualized versus 12.1% for IVV. Worst drawdown: IVV -18.8% vs MSFL -62.1%.

Should I hold both IVV and MSFL?

IVV and MSFL have a monthly-return correlation of 0.56, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between IVV and MSFL?

At least 5.4% of IVV's money is in holdings MSFL also owns. Our book for MSFL is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 505 positions we hold weights for in IVV and 1 in MSFL.

Which pays a higher dividend, IVV or MSFL?

IVV yields 1.10% while MSFL yields 0.00%, so IVV currently pays the higher dividend yield.

Is MSFL better than IVV?

IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.