IVV vs NFXS
iShares Core S&P 500 ETF vs Direxion Daily NFLX Bear 1X ETF
Quick Verdict
IVV has a lower expense ratio. NFXS delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | NFXS | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.03% | |
| AUM | $907.0B | $4M | |
| Dividend Yield | 1.10% | 2.83% | |
| Holdings | 508 | 8 | |
| YTD Return | +14.29% | +10.96% | |
| 1Y Return | +21.79% | +48.77% | |
| 3Y Return (annualized) | +22.19% | - | |
| 5Y Return (annualized) | +13.28% | - | |
| Volatility (annualized) | 15.1% | 35.9% | |
| Max Drawdown | -56.5% | -50.4% | |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Oct 3, 2024 |
IVV vs NFXS Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily NFLX Bear 1X ETF (NFXS) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +21.79% while NFXS returned +48.77%. Year to date, IVV is up 14.29% versus a gain of 10.96% for NFXS.
Risk: Volatility and Drawdowns
NFXS has been the more volatile fund, with annualized monthly volatility of 35.9% 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 -50.4% for NFXS. 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 -0.15. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while NFXS charges 1.03%. On a $10,000 position that is $3 vs $103 annually, a gap of $100 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.83% for NFXS.
Holdings Overlap
IVV and NFXS 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 NFXS?
IVV has an expense ratio of 0.03% while NFXS charges 1.03%. IVV is the cheaper option. On a $10,000 investment, that is $100 per year of difference.
Which performed better, IVV or NFXS?
Over the past year IVV returned +21.79% vs +48.77% for NFXS, so NFXS leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.06% vs -9.82% for NFXS. Past performance does not guarantee future results.
Which is riskier, IVV or NFXS?
NFXS has been the more volatile fund at 35.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NFXS -50.4%.
Should I hold both IVV and NFXS?
IVV and NFXS have a monthly-return correlation of -0.15, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NFXS?
IVV and NFXS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or NFXS?
IVV yields 1.10% while NFXS yields 2.83%, so NFXS currently pays the higher dividend yield.
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