IVV vs QCML
iShares Core S&P 500 ETF vs GraniteShares 2x Long QCOM 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 | QCML | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.50% | |
| AUM | $865.2B | $57M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 2 | |
| YTD Return | +14.50% | -30.64% | |
| 1Y Return | +22.02% | -19.56% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 121.5% | |
| Max Drawdown | -56.5% | -68.8% | |
| Fund Family | iShares by BlackRock (US) | GraniteShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Feb 13, 2025 |
IVV vs QCML Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and GraniteShares 2x Long QCOM Daily ETF (QCML) is a ETF from GraniteShares. Over the past year IVV returned +22.02% while QCML returned -19.56%. Year to date, IVV is up 14.50% versus a loss of 30.64% for QCML.
Risk: Volatility and Drawdowns
QCML has been the more volatile fund, with annualized monthly volatility of 121.5% 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 -68.8% for QCML. 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QCML 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 0.00% for QCML.
Holdings Overlap
IVV and QCML share 1 holdings out of 505 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in QCML | Difference |
|---|---|---|---|
| QCOM | 0.28% | 66.70% | 66.42% |
Frequently Asked Questions
Which is cheaper, IVV or QCML?
IVV has an expense ratio of 0.03% while QCML 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 QCML?
Over the past year IVV returned +22.02% vs -19.56% for QCML, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.07% vs -29.68% for QCML. Past performance does not guarantee future results.
Which is riskier, IVV or QCML?
QCML has been the more volatile fund at 121.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs QCML -68.8%.
Should I hold both IVV and QCML?
IVV and QCML have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and QCML?
IVV and QCML share 1 common holdings with a 0.3% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, IVV or QCML?
IVV yields 1.09% while QCML yields 0.00%, so IVV currently pays the higher dividend yield.
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