IVV vs PONX
iShares Core S&P 500 ETF vs Tradr 2X Long PONY Daily ETF
Which is better, IVV or PONX?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | PONX |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.30% |
| AUM | $850.0B | $2M |
| Dividend Yield | 1.09% | 0.00% |
| Holdings | 1,018 | 4 |
| Volatility (annualized) | 12.7%Best | 523.0% |
| Max Drawdown | -8.9%Best | -95.9% |
| $10,000 over 1.1 years | $11,939Best | $3,294 |
| Fund Family | iShares by BlackRock (US) | Tradr ETFs |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Sep 8, 2025 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 22 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Nov 10, 2026 and PONX through Oct 19, 2026.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Sep 9, 2025 to Oct 19, 2026 (1.1 years).
Risk: Volatility and Drawdowns
PONX has been the more volatile fund, with annualized monthly volatility of 523.0% compared with 12.7% 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 -8.9% for IVV and -95.9% for PONX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.01. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while PONX charges 1.30%. On a $10,000 position that is $3 vs $130 annually, a gap of $127 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for PONX.
You are not choosing between two funds in isolation.
Whichever of IVV and PONX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or PONX?
IVV has an expense ratio of 0.03% while PONX charges 1.30%. IVV is the cheaper option, by $127 a year on a $10,000 investment.
Which is riskier, IVV or PONX?
PONX has been the more volatile fund at 523.0% annualized versus 12.7% for IVV. Worst drawdown: IVV -8.9% vs PONX -95.9%.
Should I hold both IVV and PONX?
IVV and PONX have a monthly-return correlation of 0.01, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or PONX?
IVV yields 1.09% while PONX yields 0.00%, so IVV currently pays the higher dividend yield.
Is PONX better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.