IVV vs SHPU
iShares Core S&P 500 ETF vs Direxion Daily SHOP Bull 2X 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 | SHPU | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.09% | |
| AUM | $907.0B | $15M | |
| Dividend Yield | 1.10% | 52.93% | |
| Holdings | 508 | 10 | |
| YTD Return | +13.22% | -35.69% | |
| 1Y Return | +21.62% | -25.57% | |
| 3Y Return (annualized) | +22.17% | - | |
| 5Y Return (annualized) | +13.42% | - | |
| Volatility (annualized) | 15.1% | 81.4% | |
| Max Drawdown | -56.5% | -77.7% | |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Aug 6, 2025 |
IVV vs SHPU Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily SHOP Bull 2X ETF (SHPU) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +21.62% while SHPU returned -25.57%. Year to date, IVV is up 13.22% versus a loss of 35.69% for SHPU.
Risk: Volatility and Drawdowns
SHPU has been the more volatile fund, with annualized monthly volatility of 81.4% 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 -77.7% for SHPU. 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 0.22. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SHPU charges 1.09%. On a $10,000 position that is $3 vs $109 annually, a gap of $106 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 52.93% for SHPU.
Holdings Overlap
IVV and SHPU share 0 holdings out of 510 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 SHPU?
IVV has an expense ratio of 0.03% while SHPU charges 1.09%. IVV is the cheaper option. On a $10,000 investment, that is $106 per year of difference.
Which performed better, IVV or SHPU?
Over the past year IVV returned +21.62% vs -25.57% for SHPU, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.02% vs -39.26% for SHPU. Past performance does not guarantee future results.
Which is riskier, IVV or SHPU?
SHPU has been the more volatile fund at 81.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SHPU -77.7%.
Should I hold both IVV and SHPU?
IVV and SHPU have a monthly-return correlation of 0.22, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SHPU?
IVV and SHPU share 0 common holdings with a 0.0% weight overlap. Combined, they hold 510 unique securities.
Which pays a higher dividend, IVV or SHPU?
IVV yields 1.10% while SHPU yields 52.93%, so SHPU currently pays the higher dividend yield.
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