IVV vs SPAL
iShares Core S&P 500 ETF vs GraniteShares 2x Long SpaceX Daily ETF
Which is better, IVV or SPAL?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio.
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 | SPAL |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.50% |
| AUM | $896.5B | $36M |
| Dividend Yield | 1.10% | 0.00% |
| Holdings | 508 | 4 |
| YTD Return | +13.97%Best | -56.30% |
| 1Y Return | +13.69% | - |
| 3Y Return (annualized) | +24.57% | - |
| 5Y Return (annualized) | +12.56% | - |
| Fund Family | iShares by BlackRock (US) | GraniteShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Jun 15, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
IVV vs SPAL 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 SPAL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and GraniteShares 2x Long SpaceX Daily ETF (SPAL) is an ETF from GraniteShares. Year to date, IVV is up 13.97% versus a loss of 56.30% for SPAL.
Past performance does not guarantee future results.
Fees and Cost Over Time
IVV charges 0.03% per year while SPAL 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 1.10% against 0.00% for SPAL.
You are not choosing between two funds in isolation.
Whichever of IVV and SPAL 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 SPAL?
IVV has an expense ratio of 0.03% while SPAL charges 1.50%. IVV is the cheaper option, by $147 a year on a $10,000 investment.
Which pays a higher dividend, IVV or SPAL?
IVV yields 1.10% while SPAL yields 0.00%, so IVV currently pays the higher dividend yield.
Is SPAL better than IVV?
IVV has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.