IVV vs SMUP
iShares Core S&P 500 ETF vs T-REX 2X Long SMR Daily Target ETF
Which is better, IVV or SMUP?
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 | SMUP |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.50% |
| AUM | $876.4B | $7M |
| Dividend Yield | 1.06% | 108.32% |
| Holdings | 508 | 3 |
| YTD Return | +12.39% | +195.44%Best |
| 1Y Return | +16.61%Best | -70.65% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.4%Best | 2654.9% |
| Max Drawdown | -8.9%Best | -98.8% |
| $10,000 over 1.1 years | $12,027Best | $1,514 |
| Fund Family | iShares by BlackRock (US) | REX Shares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Jul 25, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Jul 25, 2025 to Sep 18, 2026 (1.1 years).
IVV vs SMUP 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 1.1 years both funds cover.
IVV vs SMUP Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and T-REX 2X Long SMR Daily Target ETF (SMUP) is an ETF from REX Shares. Over the past year IVV returned +16.61% while SMUP returned -70.65%. Year to date, IVV is up 12.39% versus a gain of 195.44% for SMUP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMUP has been the more volatile fund, with annualized monthly volatility of 2654.9% compared with 12.4% 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 -8.9% for IVV and -98.8% for SMUP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SMUP 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 108.32% for SMUP.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 1 in SMUP, totalling 99.3% and 1.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 1 in SMUP, against full books of 508 and 3.
You are not choosing between two funds in isolation.
Whichever of IVV and SMUP 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 SMUP?
IVV has an expense ratio of 0.03% while SMUP charges 1.50%. IVV is the cheaper option, by $147 a year on a $10,000 investment.
Which performed better, IVV or SMUP?
Over the past year IVV returned +16.61% vs -70.65% for SMUP, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +18.27% vs -82.03% for SMUP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SMUP?
SMUP has been the more volatile fund at 2654.9% annualized versus 12.4% for IVV. Worst drawdown: IVV -8.9% vs SMUP -98.8%.
Should I hold both IVV and SMUP?
IVV and SMUP have a monthly-return correlation of 0.74, 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 SMUP?
IVV yields 1.06% while SMUP yields 108.32%, so SMUP currently pays the higher dividend yield.
Is SMUP 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.