IVV vs MSFX

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVMSFXWinner
Expense Ratio0.03%1.05%
AUM$865.2B$29M
Dividend Yield1.09%0.00%
Holdings5085
YTD Return+13.80%-0.92%
1Y Return+23.01%-28.29%
3Y Return (annualized)+21.77%-
5Y Return (annualized)+13.39%-
Volatility (annualized)15.1%60.0%
Max Drawdown-56.5%-65.4%
Fund FamilyiShares by BlackRock (US)REX Shares
CategoryEquityAlternative
InceptionMay 15, 2000Jan 11, 2024

IVV vs MSFX Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and T-REX 2X LONG MICROSOFT DAILY TARGET ETF (MSFX) is a ETF from REX Shares. Over the past year IVV returned +23.01% while MSFX returned -28.29%. Year to date, IVV is up 13.80% versus a loss of 0.92% for MSFX.

Risk: Volatility and Drawdowns

MSFX has been the more volatile fund, with annualized monthly volatility of 60.0% 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 -65.4% for MSFX. 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while MSFX charges 1.05%. On a $10,000 position that is $3 vs $105 annually, a gap of $102 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for MSFX.

Frequently Asked Questions

Which is cheaper, IVV or MSFX?

IVV has an expense ratio of 0.03% while MSFX charges 1.05%. IVV is the cheaper option. On a $10,000 investment, that is $102 per year of difference.

Which performed better, IVV or MSFX?

Over the past year IVV returned +23.01% vs -28.29% for MSFX, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.04% vs +0.92% for MSFX. Past performance does not guarantee future results.

Which is riskier, IVV or MSFX?

MSFX has been the more volatile fund at 60.0% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs MSFX -65.4%.

Should I hold both IVV and MSFX?

IVV and MSFX have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, IVV or MSFX?

IVV yields 1.09% while MSFX yields 0.00%, so IVV currently pays the higher dividend yield.

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