IVV vs TBXU
iShares Core S&P 500 ETF vs Direxion Daily Biotech Top 5 Bull 2X ETF
Which is better, IVV or TBXU?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio. TBXU 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 | TBXU |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.98% |
| AUM | $850.0B | $3M |
| Dividend Yield | 1.09% | 1.62% |
| Holdings | 1,018 | 25 |
| YTD Return | +12.12% | +59.65%Best |
| 1Y Return | +12.53% | +62.07%Best |
| 3Y Return (annualized) | +21.54% | - |
| 5Y Return (annualized) | +11.93% | - |
| Volatility (annualized) | 12.8%Best | 38.9% |
| Max Drawdown | -8.9%Best | -26.5% |
| $10,000 over 1.1 years | $11,476 | $18,657Best |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Oct 1, 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: Oct 1, 2025 to Nov 11, 2026 (1.1 years).
IVV vs TBXU 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 TBXU Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Direxion Daily Biotech Top 5 Bull 2X ETF (TBXU) is an ETF from Direxion Shares ETF Trust. Over the past year IVV returned +12.53% while TBXU returned +62.07%. Year to date, IVV is up 12.12% versus a gain of 59.65% for TBXU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TBXU has been the more volatile fund, with annualized monthly volatility of 38.9% compared with 12.8% 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 -26.5% for TBXU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.02. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while TBXU charges 0.98%. On a $10,000 position that is $3 vs $98 annually, a gap of $95 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.62% for TBXU.
Holdings Overlap
At least 0.9% of IVV's money is in holdings TBXU also owns.
Stated as a floor: for TBXU, our book for it covers 55.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
4 positions in common, counted across the 505 positions we hold weights for in IVV and 5 in TBXU, against full books of 1,018 and 25.
You are not choosing between two funds in isolation.
Whichever of IVV and TBXU 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 TBXU?
IVV has an expense ratio of 0.03% while TBXU charges 0.98%. IVV is the cheaper option, by $95 a year on a $10,000 investment.
Which performed better, IVV or TBXU?
Over the past year IVV returned +12.53% vs +62.07% for TBXU, so TBXU leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +13.33% vs +76.29% for TBXU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TBXU?
TBXU has been the more volatile fund at 38.9% annualized versus 12.8% for IVV. Worst drawdown: IVV -8.9% vs TBXU -26.5%.
Should I hold both IVV and TBXU?
IVV and TBXU have a monthly-return correlation of -0.02, 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 TBXU?
IVV yields 1.09% while TBXU yields 1.62%, so TBXU currently pays the higher dividend yield.
Is TBXU better than IVV?
IVV has a lower expense ratio. TBXU 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.