IVV vs SOXL
iShares Core S&P 500 ETF vs Direxion Daily Semiconductor Bull 3X ETF
Which is better, IVV or SOXL?
Large Cap Blend against Multi Alternative.
IVV has a lower expense ratio. SOXL led over 1Y, 3Y, 5Y 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 | SOXL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $882.6B | $23.9B |
| Dividend Yield | 1.06% | 0.01% |
| Holdings | 508 | 87 |
| YTD Return | +14.98% | +247.94%Best |
| 1Y Return | +17.32% | +294.07%Best |
| 3Y Return (annualized) | +23.33% | +105.27%Best |
| 5Y Return (annualized) | +13.95% | +34.03%Best |
| Volatility (annualized) | 14.4%Best | 87.5% |
| Max Drawdown | -33.9%Best | -90.5% |
| $10,000 over 5 years | $19,212 | $43,252Best |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Mar 11, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 11, 2010 to Oct 6, 2026 (16.6 years).
IVV vs SOXL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs SOXL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Direxion Daily Semiconductor Bull 3X ETF (SOXL) is an ETF from Direxion Shares ETF Trust. Over the past year IVV returned +17.32% while SOXL returned +294.07%. Year to date, IVV is up 14.98% versus a gain of 247.94% for SOXL.
Over three years, IVV compounded at +23.33% per year against +105.27% for SOXL; over five years the annualized figures are +13.95% and +34.03% respectively. Across the full 17-year window we track, SOXL has the edge at +39.73% annualized vs +12.76%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SOXL has been the more volatile fund, with annualized monthly volatility of 87.5% compared with 14.4% 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 -33.9% for IVV and -90.5% for SOXL. 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 SOXL charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.01% for SOXL.
Holdings Overlap
At least 17.4% of IVV's money is in holdings SOXL also owns.
Only one direction is shown: for SOXL, our book for it lists positions totalling 110.7% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
IVV and SOXL share little of their money.
18 positions in common, counted across the 505 positions we hold weights for in IVV and 33 in SOXL, against full books of 508 and 87.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SOXL | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.00% | 6.55% | 1.45% |
| MUMicron Technology, Inc. | 1.66% | 6.24% | 4.58% |
| AVGOBroadcom Inc | 2.59% | 5.06% | 2.47% |
| AMDAdvanced Micro Devices Inc | 1.27% | 6.26% | 4.99% |
| INTCIntel Corporation | 0.77% | 4.02% | 3.25% |
| MRVLMarvell Technology Group Ltd. | 0.31% | 3.50% | 3.19% |
| AMATApplied Materials, Inc. | 0.55% | 3.09% | 2.54% |
| LRCXLam Research Corp | 0.56% | 2.82% | 2.26% |
| KLACKla Corp | 0.36% | 2.88% | 2.52% |
| TXNTexas Instrument Inc | 0.37% | 2.82% | 2.45% |
You are not choosing between two funds in isolation.
Whichever of IVV and SOXL 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 SOXL?
IVV has an expense ratio of 0.03% while SOXL charges 0.75%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, IVV or SOXL?
Over the past year IVV returned +17.32% vs +294.07% for SOXL, so SOXL leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +12.76% vs +39.73% for SOXL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SOXL?
SOXL has been the more volatile fund at 87.5% annualized versus 14.4% for IVV. Worst drawdown: IVV -33.9% vs SOXL -90.5%.
Should I hold both IVV and SOXL?
IVV and SOXL 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.
What is the holdings overlap between IVV and SOXL?
At least 17.4% of IVV's money is in holdings SOXL also owns. Our book for SOXL is partial, so the real figure is this or higher. They hold 18 positions in common, counted across the 505 positions we hold weights for in IVV and 33 in SOXL.
Which pays a higher dividend, IVV or SOXL?
IVV yields 1.06% while SOXL yields 0.01%, so IVV currently pays the higher dividend yield.
Is SOXL better than IVV?
IVV has a lower expense ratio. SOXL led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.