IVV vs SMCL
iShares Core S&P 500 ETF vs Graniteshares 2x Long SMCI Daily ETF
Which is better, IVV or SMCL?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | SMCL |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.50% |
| AUM | $876.4B | $40M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 2 |
| YTD Return | +12.24%Best | -46.32% |
| 1Y Return | +18.61%Best | -77.48% |
| 3Y Return (annualized) | +20.98% | - |
| 5Y Return (annualized) | +12.76% | - |
| Volatility (annualized) | 12.7%Best | 187.7% |
| Max Drawdown | -18.8%Best | -97.5% |
| $10,000 over 1.7 years | $12,812Best | $1,165 |
| Fund Family | iShares by BlackRock (US) | GraniteShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Dec 12, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Dec 12, 2024 to Sep 9, 2026 (1.7 years).
IVV vs SMCL 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 1.7 years both funds cover.
IVV vs SMCL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Graniteshares 2x Long SMCI Daily ETF (SMCL) is an ETF from GraniteShares. Over the past year IVV returned +18.61% while SMCL returned -77.48%. Year to date, IVV is up 12.24% versus a loss of 46.32% for SMCL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMCL has been the more volatile fund, with annualized monthly volatility of 187.7% compared with 12.7% 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 -18.8% for IVV and -97.5% for SMCL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SMCL charges 1.50%. On a $10,000 position that is $3 vs $150 annually, a gap of $147 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.00% for SMCL.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 1 in SMCL, totalling 100.0% and 66.7% of the two funds. That is not enough of SMCL to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 505 positions we hold weights for in IVV and 1 in SMCL, against full books of 508 and 2.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SMCL | Difference |
|---|---|---|---|
| SMCISuper Micro Computer Inc Common Stock USD.001 | 0.03% | 66.65% | 66.62% |
You are not choosing between two funds in isolation.
Whichever of IVV and SMCL 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 SMCL?
IVV has an expense ratio of 0.03% while SMCL charges 1.50%. IVV is the cheaper option, by $147 a year on a $10,000 investment.
Which performed better, IVV or SMCL?
Over the past year IVV returned +18.61% vs -77.48% for SMCL, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +15.69% vs -71.77% for SMCL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SMCL?
SMCL has been the more volatile fund at 187.7% annualized versus 12.7% for IVV. Worst drawdown: IVV -18.8% vs SMCL -97.5%.
Should I hold both IVV and SMCL?
IVV and SMCL have a monthly-return correlation of 0.56, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or SMCL?
IVV yields 1.06% while SMCL yields 0.00%, so IVV currently pays the higher dividend yield.
Is SMCL better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.