IVV vs MSFU
iShares Core S&P 500 ETF vs Direxion Daily MSFT Bull 2X ETF
Which is better, IVV or MSFU?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | MSFU |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.98% |
| AUM | $886.7B | $613M |
| Dividend Yield | 1.10% | 9.12% |
| Holdings | 508 | 9 |
| YTD Return | +12.70%Best | -5.34% |
| 1Y Return | +19.36%Best | -18.42% |
| 3Y Return (annualized) | +21.16%Best | +8.75% |
| 5Y Return (annualized) | +12.75% | - |
| Volatility (annualized) | 13.2%Best | 51.4% |
| Max Drawdown | -18.8%Best | -62.4% |
| $10,000 over 4 years | $20,358Best | $17,729 |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged 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 7, 2022 to Sep 8, 2026 (4 years).
IVV vs MSFU 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 MSFU Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Direxion Daily MSFT Bull 2X ETF (MSFU) is an ETF from Direxion Shares ETF Trust. Over the past year IVV returned +19.36% while MSFU returned -18.42%. Year to date, IVV is up 12.70% versus a loss of 5.34% for MSFU.
Over three years, IVV compounded at +21.16% per year against +8.75% for MSFU. Across the full 4-year window we track, IVV has the edge at +19.45% annualized vs +15.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSFU has been the more volatile fund, with annualized monthly volatility of 51.4% 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 -62.4% for MSFU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while MSFU 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 1.10% against 9.12% for MSFU.
Holdings Overlap
At least 5.4% of IVV's money is in holdings MSFU also owns.
Stated as a floor: for MSFU, our book for it covers 89.9% 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 MSFU share little of their money.
1 positions in common, counted across the 504 positions we hold weights for in IVV and 4 in MSFU, against full books of 508 and 9.
Top Shared Holdings
| Stock | Weight in IVV | Weight in MSFU | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 11.37% | 5.93% |
You are not choosing between two funds in isolation.
Whichever of IVV and MSFU 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 MSFU?
IVV has an expense ratio of 0.03% while MSFU charges 0.98%. IVV is the cheaper option, by $95 a year on a $10,000 investment.
Which performed better, IVV or MSFU?
Over the past year IVV returned +19.36% vs -18.42% for MSFU, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +19.45% vs +15.39% for MSFU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MSFU?
MSFU has been the more volatile fund at 51.4% annualized versus 13.2% for IVV. Worst drawdown: IVV -18.8% vs MSFU -62.4%.
Should I hold both IVV and MSFU?
IVV and MSFU have a monthly-return correlation of 0.50, 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 MSFU?
At least 5.4% of IVV's money is in holdings MSFU also owns. Our book for MSFU is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 504 positions we hold weights for in IVV and 4 in MSFU.
Which pays a higher dividend, IVV or MSFU?
IVV yields 1.10% while MSFU yields 9.12%, so MSFU currently pays the higher dividend yield.
Is MSFU better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.