IVV vs RIOX
iShares Core S&P 500 ETF vs Defiance Daily Target 2X Long RIOT ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | RIOX | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.95% | |
| AUM | $865.2B | $16M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 9 | |
| YTD Return | +14.50% | -8.48% | |
| 1Y Return | +22.02% | -12.66% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 184.4% | |
| Max Drawdown | -56.5% | -84.4% | |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jan 2, 2025 |
IVV vs RIOX Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Defiance Daily Target 2X Long RIOT ETF (RIOX) is a ETF from Defiance ETFs, LLC. Over the past year IVV returned +22.02% while RIOX returned -12.66%. Year to date, IVV is up 14.50% versus a loss of 8.48% for RIOX.
Risk: Volatility and Drawdowns
RIOX has been the more volatile fund, with annualized monthly volatility of 184.4% 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 -84.4% for RIOX. 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RIOX 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 0.00% for RIOX.
Holdings Overlap
IVV and RIOX 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 RIOX?
IVV has an expense ratio of 0.03% while RIOX 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 RIOX?
Over the past year IVV returned +22.02% vs -12.66% for RIOX, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.07% vs -39.22% for RIOX. Past performance does not guarantee future results.
Which is riskier, IVV or RIOX?
RIOX has been the more volatile fund at 184.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs RIOX -84.4%.
Should I hold both IVV and RIOX?
IVV and RIOX have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and RIOX?
IVV and RIOX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or RIOX?
IVV yields 1.09% while RIOX yields 0.00%, so IVV currently pays the higher dividend yield.
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