IVV vs SMCZ
iShares Core S&P 500 ETF vs Defiance Daily Target 2X Short SMCI ETF
Which is better, IVV or SMCZ?
Opposite sides of the same exposure.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two move opposite each other, correlation -0.57, so holding both offsets the exposure while paying both fees.
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 | SMCZ |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.29% |
| AUM | $876.4B | $3M |
| Dividend Yield | 1.06% | 37.25% |
| Holdings | 508 | 7 |
| YTD Return | +12.01%Best | -87.98% |
| 1Y Return | +16.48%Best | -82.51% |
| 3Y Return (annualized) | +21.21% | - |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 12.2%Best | 190.7% |
| Max Drawdown | -12.1%Best | -98.7% |
| $10,000 over 1.5 years | $13,905Best | $372 |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Mar 31, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 1, 2025 to Sep 14, 2026 (1.5 years).
IVV vs SMCZ 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 1.5 years both funds cover.
IVV vs SMCZ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Defiance Daily Target 2X Short SMCI ETF (SMCZ) is an ETF from Defiance ETFs, LLC. Over the past year IVV returned +16.48% while SMCZ returned -82.51%. Year to date, IVV is up 12.01% versus a loss of 87.98% for SMCZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMCZ has been the more volatile fund, with annualized monthly volatility of 190.7% compared with 12.2% 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 -12.1% for IVV and -98.7% for SMCZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.57. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
IVV charges 0.03% per year while SMCZ charges 1.29%. On a $10,000 position that is $3 vs $129 annually, a gap of $126 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 37.25% for SMCZ.
You are not choosing between two funds in isolation.
Whichever of IVV and SMCZ 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 SMCZ?
IVV has an expense ratio of 0.03% while SMCZ charges 1.29%. IVV is the cheaper option, by $126 a year on a $10,000 investment.
Which performed better, IVV or SMCZ?
Over the past year IVV returned +16.48% vs -82.51% for SMCZ, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +24.58% vs -88.85% for SMCZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SMCZ?
SMCZ has been the more volatile fund at 190.7% annualized versus 12.2% for IVV. Worst drawdown: IVV -12.1% vs SMCZ -98.7%.
Should I hold both IVV and SMCZ?
IVV and SMCZ have a monthly-return correlation of -0.57, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, IVV or SMCZ?
IVV yields 1.06% while SMCZ yields 37.25%, so SMCZ currently pays the higher dividend yield.
Is SMCZ better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two move opposite each other, correlation -0.57, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.