IVV vs NVD
iShares Core S&P 500 ETF vs GraniteShares 2x Short NVDA Daily ETF
Which is better, IVV or NVD?
Opposite sides of the same exposure.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.66, so holding both offsets the exposure while paying both fees.
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 | NVD |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.35% |
| AUM | $876.4B | $69M |
| Dividend Yield | 1.06% | 21.46% |
| Holdings | 508 | 1 |
| YTD Return | +13.32%Best | -46.70% |
| 1Y Return | +17.08%Best | -56.14% |
| 3Y Return (annualized) | +22.72%Best | -80.05% |
| 5Y Return (annualized) | +13.20% | - |
| Volatility (annualized) | 12.8%Best | 60.9% |
| Max Drawdown | -18.8% | - |
| $10,000 over 3.1 years | $18,326Best | $87 |
| Fund Family | iShares by BlackRock (US) | GraniteShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Aug 21, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 22, 2023 to Sep 23, 2026 (3.1 years).
IVV vs NVD 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 3.1 years both funds cover.
IVV vs NVD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and GraniteShares 2x Short NVDA Daily ETF (NVD) is an ETF from GraniteShares. Over the past year IVV returned +17.08% while NVD returned -56.14%. Year to date, IVV is up 13.32% versus a loss of 46.70% for NVD.
Over three years, IVV compounded at +22.72% per year against -80.05% for NVD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVD has been the more volatile fund, with annualized monthly volatility of 60.9% compared with 12.8% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.66. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
IVV charges 0.03% per year while NVD charges 1.35%. On a $10,000 position that is $3 vs $135 annually, a gap of $132 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 21.46% for NVD.
You are not choosing between two funds in isolation.
Whichever of IVV and NVD 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 NVD?
IVV has an expense ratio of 0.03% while NVD charges 1.35%. IVV is the cheaper option, by $132 a year on a $10,000 investment.
Which performed better, IVV or NVD?
Over the past year IVV returned +17.08% vs -56.14% for NVD, 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 NVD?
NVD has been the more volatile fund at 60.9% annualized versus 12.8% for IVV.
Should I hold both IVV and NVD?
IVV and NVD have a monthly-return correlation of -0.66, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, IVV or NVD?
IVV yields 1.06% while NVD yields 21.46%, so NVD currently pays the higher dividend yield.
Is NVD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.66, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.