IVV vs MUD
iShares Core S&P 500 ETF vs Direxion Daily MU Bear 1X ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | MUD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.02% | |
| AUM | $865.2B | $53M | |
| Dividend Yield | 1.09% | 14.43% | |
| Holdings | 508 | 8 | |
| YTD Return | +13.80% | -77.74% | |
| 1Y Return | +23.70% | -93.09% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 67.7% | |
| Max Drawdown | -56.5% | -97.0% | |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Oct 10, 2024 |
IVV vs MUD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily MU Bear 1X ETF (MUD) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +23.70% while MUD returned -93.09%. Year to date, IVV is up 13.80% versus a loss of 77.74% for MUD.
Risk: Volatility and Drawdowns
MUD has been the more volatile fund, with annualized monthly volatility of 67.7% 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 -97.0% for MUD. 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 -0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while MUD 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 1.09% against 14.43% for MUD.
Holdings Overlap
IVV and MUD share 0 holdings out of 509 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or MUD?
IVV has an expense ratio of 0.03% while MUD charges 1.02%. IVV is the cheaper option. On a $10,000 investment, that is $99 per year of difference.
Which performed better, IVV or MUD?
Over the past year IVV returned +23.70% vs -93.09% for MUD, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.05% vs -80.47% for MUD. Past performance does not guarantee future results.
Which is riskier, IVV or MUD?
MUD has been the more volatile fund at 67.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs MUD -97.0%.
Should I hold both IVV and MUD?
IVV and MUD have a monthly-return correlation of -0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and MUD?
IVV and MUD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or MUD?
IVV yields 1.09% while MUD yields 14.43%, so MUD currently pays the higher dividend yield.
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