IVV vs NVDU
iShares Core S&P 500 ETF vs Direxion Daily NVDA Bull 2X 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 | NVDU | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.92% | |
| AUM | $865.2B | $529M | |
| Dividend Yield | 1.09% | 5.17% | |
| Holdings | 508 | 11 | |
| YTD Return | +14.50% | +22.82% | |
| 1Y Return | +22.02% | +20.25% | |
| 3Y Return (annualized) | +21.80% | +96.33% | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 74.3% | |
| Max Drawdown | -56.5% | -67.3% | |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Sep 13, 2023 |
IVV vs NVDU Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily NVDA Bull 2X ETF (NVDU) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +22.02% while NVDU returned +20.25%. Year to date, IVV is up 14.50% versus a gain of 22.82% for NVDU.
Over three years, IVV compounded at +21.80% per year against +96.33% for NVDU. Across the full 3-year window we track, NVDU has the edge at +96.33% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDU has been the more volatile fund, with annualized monthly volatility of 74.3% 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 -67.3% for NVDU. 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 NVDU charges 0.92%. On a $10,000 position that is $3 vs $92 annually, a gap of $89 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 5.17% for NVDU.
Holdings Overlap
IVV and NVDU share 1 holdings out of 509 unique holdings combined, representing a 7.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in NVDU | Difference |
|---|---|---|---|
| NVDA | 7.76% | 11.74% | 3.98% |
Frequently Asked Questions
Which is cheaper, IVV or NVDU?
IVV has an expense ratio of 0.03% while NVDU charges 0.92%. IVV is the cheaper option. On a $10,000 investment, that is $89 per year of difference.
Which performed better, IVV or NVDU?
Over the past year IVV returned +22.02% vs +20.25% for NVDU, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.07% vs +96.33% for NVDU. Past performance does not guarantee future results.
Which is riskier, IVV or NVDU?
NVDU has been the more volatile fund at 74.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NVDU -67.3%.
Should I hold both IVV and NVDU?
IVV and NVDU 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 NVDU?
IVV and NVDU share 1 common holdings with a 7.8% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or NVDU?
IVV yields 1.09% while NVDU yields 5.17%, so NVDU currently pays the higher dividend yield.
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