IVV vs NVDL

IVV vs NVDL

Which is better, IVV or NVDL?

Large Cap Blend against Multi Alternative.

IVV has a lower expense ratio. IVV led over 1Y, NVDL over 3Y and the full window.

Lower Fees: IVVHigher Returns: split

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

MetricIVVNVDL
Expense Ratio0.03%Best1.05%
AUM$850.0B$2.4B
Dividend Yield1.09%0.00%
Holdings1,0184
YTD Return+11.09%Best-27.89%
1Y Return+11.71%Best-37.17%
3Y Return (annualized)+21.10%+64.40%Best
5Y Return (annualized)+11.55%-
Volatility (annualized)12.4%Best80.4%
Max Drawdown-18.8%Best-67.5%
$10,000 over 3.9 years$19,753$164,940Best
Fund FamilyiShares by BlackRock (US)GraniteShares
CategoryEquityAlternative
StyleLarge Cap BlendMulti Alternative
InceptionMay 15, 2000Dec 13, 2022

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Dec 13, 2022 to Nov 9, 2026 (3.9 years).

IVV vs NVDL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

IVV vs NVDL Performance

iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and GraniteShares 2x Long NVDA Daily ETF (NVDL) is an ETF from GraniteShares. Over the past year IVV returned +11.71% while NVDL returned -37.17%. Year to date, IVV is up 11.09% versus a loss of 27.89% for NVDL.

Over three years, IVV compounded at +21.10% per year against +64.40% for NVDL. Across the full 4-year window we track, NVDL has the edge at +105.18% annualized vs +19.07%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

NVDL has been the more volatile fund, with annualized monthly volatility of 80.4% compared with 12.4% 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 -18.8% for IVV and -67.5% for NVDL. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.

Fees and Cost Over Time

IVV charges 0.03% per year while NVDL charges 1.05%. On a $10,000 position that is $3 vs $105 annually, a gap of $102 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for NVDL.

Holdings Overlap

IVV already in NVDL8.0%

At least 8.0% of IVV's money is in holdings NVDL also owns.

Only one direction is shown: for NVDL, our book for it lists positions totalling 200.2% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.

IVV and NVDL share little of their money.

1 positions in common, counted across the 505 positions we hold weights for in IVV and 1 in NVDL, against full books of 1,018 and 4.

Top Shared Holdings

StockWeight in IVVWeight in NVDLDifference
NVDANvidia Corp8.04%200.24%192.20%

You are not choosing between two funds in isolation.

Whichever of IVV and NVDL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

IVVNVDL

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Frequently Asked Questions

Which is cheaper, IVV or NVDL?

IVV has an expense ratio of 0.03% while NVDL charges 1.05%. IVV is the cheaper option, by $102 a year on a $10,000 investment.

Which performed better, IVV or NVDL?

Over the past year IVV returned +11.71% vs -37.17% for NVDL, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +19.07% vs +105.18% for NVDL. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IVV or NVDL?

NVDL has been the more volatile fund at 80.4% annualized versus 12.4% for IVV. Worst drawdown: IVV -18.8% vs NVDL -67.5%.

Should I hold both IVV and NVDL?

IVV and NVDL have a monthly-return correlation of 0.59, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between IVV and NVDL?

At least 8.0% of IVV's money is in holdings NVDL also owns. Our book for NVDL is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 505 positions we hold weights for in IVV and 1 in NVDL.

Which pays a higher dividend, IVV or NVDL?

IVV yields 1.09% while NVDL yields 0.00%, so IVV currently pays the higher dividend yield.

Is NVDL better than IVV?

IVV has a lower expense ratio. IVV led over 1Y, NVDL over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.