IVV vs OILD
iShares Core S&P 500 ETF vs MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged ETN
Which is better, IVV or OILD?
Large Cap Blend against Energy.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.8% of the fund in its ten largest positions against 68.6%.
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
| Metric | IVV | OILD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.95% |
| AUM | $850.0B | $30M |
| Dividend Yield | 1.09% | 0.00% |
| Holdings | 1,018 | 25 |
| YTD Return | +8.54%Best | -68.39% |
| 1Y Return | +10.97%Best | -72.97% |
| 3Y Return (annualized) | +20.51%Best | -47.77% |
| 5Y Return (annualized) | +10.97%Best | -58.74% |
| Volatility (annualized) | 15.6%Best | 73.5% |
| Max Drawdown | -24.5% | - |
| $10,000 over 5 years | $16,828Best | $120 |
| Top 10 Weight | 38.8%Best | 68.6% |
| Fund Family | iShares by BlackRock (US) | BMO Capital Markets |
| Category | Equity | Commodity |
| Style | Large Cap Blend | Energy |
| Inception | May 15, 2000 | Nov 8, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Nov 9, 2021 to Nov 6, 2026 (5 years).
IVV vs OILD 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 covers the 5 years both funds cover.
IVV vs OILD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged ETN (OILD) is an ETF from BMO Capital Markets. Over the past year IVV returned +10.97% while OILD returned -72.97%. Year to date, IVV is up 8.54% versus a loss of 68.39% for OILD.
Over three years, IVV compounded at +20.51% per year against -47.77% for OILD; over five years the annualized figures are +10.97% and -58.74% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OILD has been the more volatile fund, with annualized monthly volatility of 73.5% compared with 15.6% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.29. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while OILD charges 0.95%. On a $10,000 position that is $3 vs $95 annually, a gap of $92 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for OILD.
Holdings Overlap
3.6% of IVV's money is in holdings OILD also owns. 90.6% of OILD's money is in holdings IVV also owns.
Most of OILD is already inside IVV. Owning both mostly buys the same companies twice.
19 positions in common, counted across the 505 positions we hold weights for in IVV and 25 in OILD, against full books of 1,018 and 25.
What only one of them owns
Our book lists 5 positions for OILD that do not appear in our book for IVV (7.7% of the fund), and 480 for IVV that do not appear in OILD (96.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in OILD | Difference |
|---|---|---|---|
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.09% | 15.24% | 14.15% |
| CVXChevron Corp | 0.66% | 15.36% | 14.70% |
| COPConocophillips Common Stock USD 0.01 | 0.26% | 7.36% | 7.10% |
| SLBSchlumberger Nv. | 0.11% | 6.27% | 6.16% |
| DVNDevon Energy Corp. | 0.08% | 4.72% | 4.64% |
| OXYOccidental Petroleum Corp. | 0.07% | 4.28% | 4.21% |
| EOGEog Resources Inc | 0.12% | 3.98% | 3.86% |
| FANGDiamondback Energy Inc. | 0.06% | 3.94% | 3.88% |
| VLOValero Energy | 0.20% | 3.68% | 3.48% |
| BKRBaker Hughes A Ge Co. Class A | 0.08% | 3.77% | 3.69% |
90.6% of OILD is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or OILD?
IVV has an expense ratio of 0.03% while OILD charges 0.95%. IVV is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, IVV or OILD?
Over the past year IVV returned +10.97% vs -72.97% for OILD, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OILD?
OILD has been the more volatile fund at 73.5% annualized versus 15.6% for IVV.
Should I hold both IVV and OILD?
IVV and OILD have a monthly-return correlation of -0.29, 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 OILD?
90.6% of OILD's money is in holdings IVV also owns. 90.6% of OILD's is in holdings IVV also owns. They hold 19 positions in common, counted across the 505 positions we hold weights for in IVV and 25 in OILD.
Which pays a higher dividend, IVV or OILD?
IVV yields 1.09% while OILD yields 0.00%, so IVV currently pays the higher dividend yield.
Is OILD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.8% of the fund in its ten largest positions against 68.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.