IVV vs SKYU
iShares Core S&P 500 ETF vs ProShares Ultra Nasdaq Cloud Computing ETF
Which is better, IVV or SKYU?
Large Cap Blend against Trading-Inverse Equity.
IVV has a lower expense ratio. IVV led over 5Y and the full window, SKYU over 1Y and 3Y.
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 | SKYU |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.95% |
| AUM | $876.4B | $6M |
| Dividend Yield | 1.06% | 0.56% |
| Holdings | 508 | 67 |
| YTD Return | +11.57% | +34.89%Best |
| 1Y Return | +17.57% | +17.90%Best |
| 3Y Return (annualized) | +20.71% | +35.34%Best |
| 5Y Return (annualized) | +12.80%Best | -0.29% |
| Volatility (annualized) | 15.2%Best | 53.0% |
| Max Drawdown | -24.5%Best | -83.0% |
| $10,000 over 5 years | $18,262Best | $9,856 |
| Fund Family | iShares by BlackRock (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Inverse Equity |
| Inception | May 15, 2000 | Jan 19, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 21, 2021 to Sep 10, 2026 (5.6 years).
IVV vs SKYU 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 5.6 years both funds cover.
IVV vs SKYU Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) is an ETF from ProShares. Over the past year IVV returned +17.57% while SKYU returned +17.90%. Year to date, IVV is up 11.57% versus a gain of 34.89% for SKYU.
Over three years, IVV compounded at +20.71% per year against +35.34% for SKYU; over five years the annualized figures are +12.80% and -0.29% respectively. Across the full 6-year window we track, IVV has the edge at +14.38% annualized vs +2.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SKYU has been the more volatile fund, with annualized monthly volatility of 53.0% compared with 15.2% 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 -24.5% for IVV and -83.0% for SKYU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SKYU 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 1.06% against 0.56% for SKYU.
Holdings Overlap
At least 16.7% of IVV's money is in holdings SKYU also owns.
Stated as a floor: for SKYU, our book for it covers 53.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
IVV and SKYU share little of their money.
22 positions in common, counted across the 505 positions we hold weights for in IVV and 62 in SKYU, against full books of 508 and 67.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SKYU | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 2.05% | 3.39% |
| AMZNAmazon.Com Inc | 4.01% | 1.91% | 2.10% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 1.80% | 1.39% |
| ANETArista Networks Inc Common Stock | 0.31% | 2.34% | 2.03% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 1.27% | 0.55% |
| IBMInternational Business Machines Corp. | 0.33% | 1.50% | 1.17% |
| ORCLOracle Corp. | 0.37% | 1.21% | 0.84% |
| HPEHewlett Packard Enterprise Co. | 0.11% | 1.17% | 1.06% |
| DELLDell Technologies Inc. | 0.20% | 1.04% | 0.84% |
| CRMSalesforce Inc. | 0.24% | 0.96% | 0.72% |
You are not choosing between two funds in isolation.
Whichever of IVV and SKYU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or SKYU?
IVV has an expense ratio of 0.03% while SKYU charges 0.95%. IVV is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, IVV or SKYU?
Over the past year IVV returned +17.57% vs +17.90% for SKYU, so SKYU leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +14.38% vs +2.90% for SKYU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SKYU?
SKYU has been the more volatile fund at 53.0% annualized versus 15.2% for IVV. Worst drawdown: IVV -24.5% vs SKYU -83.0%.
Should I hold both IVV and SKYU?
IVV and SKYU have a monthly-return correlation of 0.71, 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 SKYU?
At least 16.7% of IVV's money is in holdings SKYU also owns. Our book for SKYU is partial, so the real figure is this or higher. They hold 22 positions in common, counted across the 505 positions we hold weights for in IVV and 62 in SKYU.
Which pays a higher dividend, IVV or SKYU?
IVV yields 1.06% while SKYU yields 0.56%, so IVV currently pays the higher dividend yield.
Is SKYU better than IVV?
IVV has a lower expense ratio. IVV led over 5Y and the full window, SKYU over 1Y and 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.