IVV vs SOFX
iShares Core S&P 500 ETF vs Defiance Daily Target 2X Long SOFI ETF
Which is better, IVV or SOFX?
Large Cap Blend against Leverage Strategy.
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 | SOFX |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.29% |
| AUM | $876.4B | $55M |
| Dividend Yield | 1.06% | 38.81% |
| Holdings | 508 | 22 |
| YTD Return | +12.27%Best | -74.51% |
| 1Y Return | +17.04%Best | -78.51% |
| 3Y Return (annualized) | +21.24% | - |
| 5Y Return (annualized) | +13.08% | - |
| Volatility (annualized) | 12.9%Best | 103.6% |
| Max Drawdown | -18.8%Best | -84.8% |
| $10,000 over 1.7 years | $13,192Best | $3,971 |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Leverage Strategy |
| Inception | May 15, 2000 | Jan 15, 2025 |
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: Jan 16, 2025 to Sep 17, 2026 (1.7 years).
IVV vs SOFX 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 SOFX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Defiance Daily Target 2X Long SOFI ETF (SOFX) is an ETF from Defiance ETFs, LLC. Over the past year IVV returned +17.04% while SOFX returned -78.51%. Year to date, IVV is up 12.27% versus a loss of 74.51% for SOFX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SOFX has been the more volatile fund, with annualized monthly volatility of 103.6% compared with 12.9% 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 -84.8% for SOFX. 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 SOFX 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 38.81% for SOFX.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 2 in SOFX, totalling 99.3% and 37.2% 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 2 in SOFX, against full books of 508 and 22.
You are not choosing between two funds in isolation.
Whichever of IVV and SOFX 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 SOFX?
IVV has an expense ratio of 0.03% while SOFX charges 1.29%. IVV is the cheaper option, by $126 a year on a $10,000 investment.
Which performed better, IVV or SOFX?
Over the past year IVV returned +17.04% vs -78.51% for SOFX, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +17.70% vs -41.92% for SOFX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SOFX?
SOFX has been the more volatile fund at 103.6% annualized versus 12.9% for IVV. Worst drawdown: IVV -18.8% vs SOFX -84.8%.
Should I hold both IVV and SOFX?
IVV and SOFX 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 SOFX?
IVV yields 1.06% while SOFX yields 38.81%, so SOFX currently pays the higher dividend yield.
Is SOFX 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.