IVV vs NVDQ

IVV vs NVDQ
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Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVNVDQWinner
Expense Ratio0.03%1.05%
AUM$907.0B$16M
Dividend Yield1.10%0.36%
Holdings5085
YTD Return+12.71%-40.57%
1Y Return+21.89%-54.91%
3Y Return (annualized)+22.08%-
5Y Return (annualized)+12.96%-
Volatility (annualized)15.1%58.6%
Max Drawdown-56.5%-99.5%
Fund FamilyiShares by BlackRock (US)REX Shares
CategoryEquityAlternative
InceptionMay 15, 2000Oct 18, 2023

IVV vs NVDQ Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) is a ETF from REX Shares. Over the past year IVV returned +21.89% while NVDQ returned -54.91%. Year to date, IVV is up 12.71% versus a loss of 40.57% for NVDQ.

Risk: Volatility and Drawdowns

NVDQ has been the more volatile fund, with annualized monthly volatility of 58.6% 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 -99.5% for NVDQ. 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 -0.62. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while NVDQ 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 1.10% against 0.36% for NVDQ.

Frequently Asked Questions

Which is cheaper, IVV or NVDQ?

IVV has an expense ratio of 0.03% while NVDQ charges 1.05%. IVV is the cheaper option. On a $10,000 investment, that is $102 per year of difference.

Which performed better, IVV or NVDQ?

Over the past year IVV returned +21.89% vs -54.91% for NVDQ, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.00% vs -83.23% for NVDQ. Past performance does not guarantee future results.

Which is riskier, IVV or NVDQ?

NVDQ has been the more volatile fund at 58.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NVDQ -99.5%.

Should I hold both IVV and NVDQ?

IVV and NVDQ have a monthly-return correlation of -0.62, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, IVV or NVDQ?

IVV yields 1.10% while NVDQ yields 0.36%, so IVV currently pays the higher dividend yield.

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