IVV vs PDDL
iShares Core S&P 500 ETF vs GraniteShares 2x Long PDD Daily 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 | PDDL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.50% | |
| AUM | $865.2B | $10M | |
| Dividend Yield | 1.09% | 0.85% | |
| Holdings | 508 | 2 | |
| YTD Return | +14.50% | -55.76% | |
| 1Y Return | +22.02% | -59.51% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 63.3% | |
| Max Drawdown | -56.5% | -76.1% | |
| Fund Family | iShares by BlackRock (US) | GraniteShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jul 15, 2025 |
IVV vs PDDL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and GraniteShares 2x Long PDD Daily ETF (PDDL) is a ETF from GraniteShares. Over the past year IVV returned +22.02% while PDDL returned -59.51%. Year to date, IVV is up 14.50% versus a loss of 55.76% for PDDL.
Risk: Volatility and Drawdowns
PDDL has been the more volatile fund, with annualized monthly volatility of 63.3% 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 -76.1% for PDDL. 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 -0.07. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while PDDL charges 1.50%. On a $10,000 position that is $3 vs $150 annually, a gap of $147 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.85% for PDDL.
Holdings Overlap
IVV and PDDL 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 PDDL?
IVV has an expense ratio of 0.03% while PDDL charges 1.50%. IVV is the cheaper option. On a $10,000 investment, that is $147 per year of difference.
Which performed better, IVV or PDDL?
Over the past year IVV returned +22.02% vs -59.51% for PDDL, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.07% vs -47.95% for PDDL. Past performance does not guarantee future results.
Which is riskier, IVV or PDDL?
PDDL has been the more volatile fund at 63.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PDDL -76.1%.
Should I hold both IVV and PDDL?
IVV and PDDL have a monthly-return correlation of -0.07, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and PDDL?
IVV and PDDL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or PDDL?
IVV yields 1.09% while PDDL yields 0.85%, so IVV currently pays the higher dividend yield.
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