IVV vs TSLS
iShares Core S&P 500 ETF vs Direxion Daily TSLA Bear 1X ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | TSLS | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.95% | |
| AUM | $907.0B | $74M | |
| Dividend Yield | 1.10% | 2.36% | |
| Holdings | 508 | 9 | |
| YTD Return | +13.25% | +14.88% | |
| 1Y Return | +19.95% | -13.41% | |
| 3Y Return (annualized) | +21.26% | -30.39% | |
| 5Y Return (annualized) | +12.82% | - | |
| Volatility (annualized) | 15.1% | 60.1% | |
| Max Drawdown | -56.5% | -90.7% | |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Aug 9, 2022 |
IVV vs TSLS Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily TSLA Bear 1X ETF (TSLS) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +19.95% while TSLS returned -13.41%. Year to date, IVV is up 13.25% versus a gain of 14.88% for TSLS.
Over three years, IVV compounded at +21.26% per year against -30.39% for TSLS. Across the full 4-year window we track, IVV has the edge at +7.01% annualized vs -27.44%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLS has been the more volatile fund, with annualized monthly volatility of 60.1% compared with 15.1% 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 -56.5% for IVV and -90.7% for TSLS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TSLS charges 0.95%. On a $10,000 position that is $3 vs $95 annually, a gap of $92 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.36% for TSLS.
Holdings Overlap
IVV and TSLS share 0 holdings out of 509 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or TSLS?
IVV has an expense ratio of 0.03% while TSLS charges 0.95%. IVV is the cheaper option. On a $10,000 investment, that is $92 per year of difference.
Which performed better, IVV or TSLS?
Over the past year IVV returned +19.95% vs -13.41% for TSLS, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.01% vs -27.44% for TSLS. Past performance does not guarantee future results.
Which is riskier, IVV or TSLS?
TSLS has been the more volatile fund at 60.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TSLS -90.7%.
Should I hold both IVV and TSLS?
IVV and TSLS have a monthly-return correlation of -0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TSLS?
IVV and TSLS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or TSLS?
IVV yields 1.10% while TSLS yields 2.36%, so TSLS currently pays the higher dividend yield.
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