IVV vs QQQU
iShares Core S&P 500 ETF vs Direxion Daily Magnificent 7 Bull 2X ETF
Which is better, IVV or QQQU?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio. QQQU led over 1Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 97.3%.
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 | QQQU |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.98% |
| AUM | $882.6B | $77M |
| Dividend Yield | 1.06% | 9.34% |
| Holdings | 508 | 26 |
| YTD Return | +13.60% | +15.14%Best |
| 1Y Return | +16.32% | +17.49%Best |
| 3Y Return (annualized) | +23.81% | - |
| 5Y Return (annualized) | +14.03% | - |
| Volatility (annualized) | 11.9%Best | 43.8% |
| Max Drawdown | -18.8%Best | -53.7% |
| $10,000 over 2.6 years | $15,544 | $27,572Best |
| Top 10 Weight | 38.1%Best | 97.3% |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Mar 7, 2024 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 2, 2026 (2.6 years).
IVV vs QQQU 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 2.6 years both funds cover.
IVV vs QQQU Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) is an ETF from Direxion Shares ETF Trust. Over the past year IVV returned +16.32% while QQQU returned +17.49%. Year to date, IVV is up 13.60% versus a gain of 15.14% for QQQU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQU has been the more volatile fund, with annualized monthly volatility of 43.8% compared with 11.9% 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 -18.8% for IVV and -53.7% for QQQU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QQQU charges 0.98%. On a $10,000 position that is $3 vs $98 annually, a gap of $95 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 9.34% for QQQU.
Holdings Overlap
31.5% of IVV's money is in holdings QQQU also owns. 79.5% of QQQU's money is in holdings IVV also owns.
Most of QQQU is already inside IVV. Owning both mostly buys the same companies twice.
7 positions in common, counted across the 505 positions we hold weights for in IVV and 10 in QQQU, against full books of 508 and 26.
What only one of them owns
Our book lists 3 positions for QQQU that do not appear in our book for IVV (17.8% of the fund), and 490 for IVV that do not appear in QQQU (67.8%).
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.
79.5% of QQQU 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 QQQU?
IVV has an expense ratio of 0.03% while QQQU charges 0.98%. IVV is the cheaper option, by $95 a year on a $10,000 investment.
Which performed better, IVV or QQQU?
Over the past year IVV returned +16.32% vs +17.49% for QQQU, so QQQU leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QQQU?
QQQU has been the more volatile fund at 43.8% annualized versus 11.9% for IVV. Worst drawdown: IVV -18.8% vs QQQU -53.7%.
Should I hold both IVV and QQQU?
IVV and QQQU have a monthly-return correlation of 0.83, 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 QQQU?
79.5% of QQQU's money is in holdings IVV also owns. 79.5% of QQQU's is in holdings IVV also owns. They hold 7 positions in common, counted across the 505 positions we hold weights for in IVV and 10 in QQQU.
Which pays a higher dividend, IVV or QQQU?
IVV yields 1.06% while QQQU yields 9.34%, so QQQU currently pays the higher dividend yield.
Is QQQU better than IVV?
IVV has a lower expense ratio. QQQU led over 1Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 97.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.