IVV vs REW
iShares Core S&P 500 ETF vs ProShares UltraShort Technology
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 | REW | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.95% | |
| AUM | $865.2B | $4M | |
| Dividend Yield | 1.09% | 7.81% | |
| Holdings | 508 | 9 | |
| YTD Return | +13.80% | -47.18% | |
| 1Y Return | +23.70% | -56.35% | |
| 3Y Return (annualized) | +21.49% | -46.47% | |
| 5Y Return (annualized) | +13.43% | -37.35% | |
| Volatility (annualized) | 15.1% | 38.4% | |
| Max Drawdown | -56.5% | -100.0% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jan 30, 2007 |
IVV vs REW Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ProShares UltraShort Technology (REW) is a ETF from ProShares. Over the past year IVV returned +23.70% while REW returned -56.35%. Year to date, IVV is up 13.80% versus a loss of 47.18% for REW.
Over three years, IVV compounded at +21.49% per year against -46.47% for REW; over five years the annualized figures are +13.43% and -37.35% respectively. Across the full 20-year window we track, IVV has the edge at +7.05% annualized vs -37.87%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
REW has been the more volatile fund, with annualized monthly volatility of 38.4% 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 -100.0% for REW. 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 -0.83. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while REW 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 7.81% for REW.
Frequently Asked Questions
Which is cheaper, IVV or REW?
IVV has an expense ratio of 0.03% while REW charges 0.95%. IVV is the cheaper option. On a $10,000 investment, that is $92 per year of difference.
Which performed better, IVV or REW?
Over the past year IVV returned +23.70% vs -56.35% for REW, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +7.05% vs -37.87% for REW. Past performance does not guarantee future results.
Which is riskier, IVV or REW?
REW has been the more volatile fund at 38.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs REW -100.0%.
Should I hold both IVV and REW?
IVV and REW have a monthly-return correlation of -0.83, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or REW?
IVV yields 1.09% while REW yields 7.81%, so REW currently pays the higher dividend yield.
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