IVV vs NVDG
iShares Core S&P 500 ETF vs Leverage Shares 2X Long NVDA Daily ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | NVDG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.76% | |
| AUM | $907.0B | $49M | |
| Dividend Yield | 1.10% | 11.86% | |
| Holdings | 508 | 5 | |
| YTD Return | +12.71% | +9.96% | |
| 1Y Return | +21.89% | +16.90% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 72.4% | |
| Max Drawdown | -56.5% | -66.2% | |
| Fund Family | iShares by BlackRock (US) | Leverage Shares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 13, 2024 |
IVV vs NVDG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Leverage Shares 2X Long NVDA Daily ETF (NVDG) is a ETF from Leverage Shares. Over the past year IVV returned +21.89% while NVDG returned +16.90%. Year to date, IVV is up 12.71% versus a gain of 9.96% for NVDG.
Risk: Volatility and Drawdowns
NVDG has been the more volatile fund, with annualized monthly volatility of 72.4% 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 -66.2% for NVDG. 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while NVDG charges 0.76%. On a $10,000 position that is $3 vs $76 annually, a gap of $73 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 11.86% for NVDG.
Holdings Overlap
IVV and NVDG share 0 holdings out of 506 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 NVDG?
IVV has an expense ratio of 0.03% while NVDG charges 0.76%. IVV is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, IVV or NVDG?
Over the past year IVV returned +21.89% vs +16.90% for NVDG, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.00% vs +25.97% for NVDG. Past performance does not guarantee future results.
Which is riskier, IVV or NVDG?
NVDG has been the more volatile fund at 72.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NVDG -66.2%.
Should I hold both IVV and NVDG?
IVV and NVDG have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NVDG?
IVV and NVDG share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or NVDG?
IVV yields 1.10% while NVDG yields 11.86%, so NVDG currently pays the higher dividend yield.
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