IVV vs NVDD
iShares Core S&P 500 ETF vs Direxion Daily NVDA 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 | NVDD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.01% | |
| AUM | $865.2B | $21M | |
| Dividend Yield | 1.09% | 2.67% | |
| Holdings | 508 | 9 | |
| YTD Return | +13.43% | -16.96% | |
| 1Y Return | +22.61% | -20.67% | |
| 3Y Return (annualized) | +21.47% | -49.26% | |
| 5Y Return (annualized) | +13.26% | - | |
| Volatility (annualized) | 15.1% | 32.3% | |
| Max Drawdown | -56.5% | -88.3% | |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Sep 13, 2023 |
IVV vs NVDD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily NVDA Bear 1X ETF (NVDD) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +22.61% while NVDD returned -20.67%. Year to date, IVV is up 13.43% versus a loss of 16.96% for NVDD.
Over three years, IVV compounded at +21.47% per year against -49.26% for NVDD. Across the full 3-year window we track, IVV has the edge at +7.03% annualized vs -49.26%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDD has been the more volatile fund, with annualized monthly volatility of 32.3% 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 -88.3% for NVDD. 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 -0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while NVDD charges 1.01%. On a $10,000 position that is $3 vs $101 annually, a gap of $98 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.67% for NVDD.
Holdings Overlap
IVV and NVDD 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 NVDD?
IVV has an expense ratio of 0.03% while NVDD charges 1.01%. IVV is the cheaper option. On a $10,000 investment, that is $98 per year of difference.
Which performed better, IVV or NVDD?
Over the past year IVV returned +22.61% vs -20.67% for NVDD, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.03% vs -49.26% for NVDD. Past performance does not guarantee future results.
Which is riskier, IVV or NVDD?
NVDD has been the more volatile fund at 32.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NVDD -88.3%.
Should I hold both IVV and NVDD?
IVV and NVDD have a monthly-return correlation of -0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NVDD?
IVV and NVDD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or NVDD?
IVV yields 1.09% while NVDD yields 2.67%, so NVDD currently pays the higher dividend yield.
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