IVV vs RXD
iShares Core S&P 500 ETF vs ProShares UltraShort Health Care
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 | RXD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.95% | |
| AUM | $907.0B | $3M | |
| Dividend Yield | 1.10% | 3.29% | |
| Holdings | 508 | 7 | |
| YTD Return | +12.28% | -19.40% | |
| 1Y Return | +20.94% | -36.96% | |
| 3Y Return (annualized) | +21.81% | -13.94% | |
| 5Y Return (annualized) | +13.05% | -8.81% | |
| Volatility (annualized) | 15.1% | 29.5% | |
| Max Drawdown | -56.5% | -99.8% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jan 30, 2007 |
IVV vs RXD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ProShares UltraShort Health Care (RXD) is a ETF from ProShares. Over the past year IVV returned +20.94% while RXD returned -36.96%. Year to date, IVV is up 12.28% versus a loss of 19.40% for RXD.
Over three years, IVV compounded at +21.81% per year against -13.94% for RXD; over five years the annualized figures are +13.05% and -8.81% respectively. Across the full 20-year window we track, IVV has the edge at +6.98% annualized vs -24.96%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RXD has been the more volatile fund, with annualized monthly volatility of 29.5% 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 -99.8% for RXD. 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 -0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while RXD 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 1.10% against 3.29% for RXD.
Frequently Asked Questions
Which is cheaper, IVV or RXD?
IVV has an expense ratio of 0.03% while RXD 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 RXD?
Over the past year IVV returned +20.94% vs -36.96% for RXD, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +6.98% vs -24.96% for RXD. Past performance does not guarantee future results.
Which is riskier, IVV or RXD?
RXD has been the more volatile fund at 29.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs RXD -99.8%.
Should I hold both IVV and RXD?
IVV and RXD have a monthly-return correlation of -0.66, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or RXD?
IVV yields 1.10% while RXD yields 3.29%, so RXD currently pays the higher dividend yield.
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