IVV vs SLON

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVSLONWinner
Expense Ratio0.03%2.14%
AUM$865.2B$18M
Dividend Yield1.09%4.51%
Holdings5083
YTD Return+13.80%-77.46%
1Y Return+23.70%-91.07%
3Y Return (annualized)+21.49%-
5Y Return (annualized)+13.43%-
Volatility (annualized)15.1%77.6%
Max Drawdown-56.5%-96.3%
Fund FamilyiShares by BlackRock (US)ProShares
CategoryEquityAlternative
InceptionMay 15, 2000Jul 14, 2025

IVV vs SLON Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ProShares Ultra Solana ETF (SLON) is a ETF from ProShares. Over the past year IVV returned +23.70% while SLON returned -91.07%. Year to date, IVV is up 13.80% versus a loss of 77.46% for SLON.

Risk: Volatility and Drawdowns

SLON has been the more volatile fund, with annualized monthly volatility of 77.6% 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 -96.3% for SLON. 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 0.31. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while SLON charges 2.14%. On a $10,000 position that is $3 vs $214 annually, a gap of $211 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.51% for SLON.

Frequently Asked Questions

Which is cheaper, IVV or SLON?

IVV has an expense ratio of 0.03% while SLON charges 2.14%. IVV is the cheaper option. On a $10,000 investment, that is $211 per year of difference.

Which performed better, IVV or SLON?

Over the past year IVV returned +23.70% vs -91.07% for SLON, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.05% vs -89.22% for SLON. Past performance does not guarantee future results.

Which is riskier, IVV or SLON?

SLON has been the more volatile fund at 77.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SLON -96.3%.

Should I hold both IVV and SLON?

IVV and SLON have a monthly-return correlation of 0.31, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, IVV or SLON?

IVV yields 1.09% while SLON yields 4.51%, so SLON currently pays the higher dividend yield.

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