IVV vs SMCZ
iShares Core S&P 500 ETF vs Defiance Daily Target 2X Short SMCI 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 | SMCZ | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.29% | |
| AUM | $907.0B | $6M | |
| Dividend Yield | 1.10% | 16.30% | |
| Holdings | 508 | 7 | |
| YTD Return | +12.71% | -93.45% | |
| 1Y Return | +21.89% | -92.04% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 174.8% | |
| Max Drawdown | -56.5% | -98.5% | |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Mar 31, 2025 |
IVV vs SMCZ Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Defiance Daily Target 2X Short SMCI ETF (SMCZ) is a ETF from Defiance ETFs, LLC. Over the past year IVV returned +21.89% while SMCZ returned -92.04%. Year to date, IVV is up 12.71% versus a loss of 93.45% for SMCZ.
Risk: Volatility and Drawdowns
SMCZ has been the more volatile fund, with annualized monthly volatility of 174.8% 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 -98.5% for SMCZ. 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 -0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.10% against 16.30% for SMCZ.
Holdings Overlap
IVV and SMCZ share 0 holdings out of 506 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 SMCZ?
IVV has an expense ratio of 0.03% while SMCZ charges 1.29%. IVV is the cheaper option. On a $10,000 investment, that is $126 per year of difference.
Which performed better, IVV or SMCZ?
Over the past year IVV returned +21.89% vs -92.04% for SMCZ, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.00% vs -93.51% for SMCZ. Past performance does not guarantee future results.
Which is riskier, IVV or SMCZ?
SMCZ has been the more volatile fund at 174.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SMCZ -98.5%.
Should I hold both IVV and SMCZ?
IVV and SMCZ have a monthly-return correlation of -0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SMCZ?
IVV and SMCZ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or SMCZ?
IVV yields 1.10% while SMCZ yields 16.30%, so SMCZ currently pays the higher dividend yield.
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