IVV vs TSLT

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVTSLTWinner
Expense Ratio0.03%1.05%
AUM$865.2B$186M
Dividend Yield1.09%0.00%
Holdings50811
YTD Return+13.80%-54.69%
1Y Return+23.01%-34.40%
3Y Return (annualized)+21.77%-
5Y Return (annualized)+13.39%-
Volatility (annualized)15.1%105.8%
Max Drawdown-56.5%-83.2%
Fund FamilyiShares by BlackRock (US)REX Shares
CategoryEquityAlternative
InceptionMay 15, 2000Oct 19, 2023

IVV vs TSLT Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and T-Rex 2X Long Tesla Daily Target ETF (TSLT) is a ETF from REX Shares. Over the past year IVV returned +23.01% while TSLT returned -34.40%. Year to date, IVV is up 13.80% versus a loss of 54.69% for TSLT.

Risk: Volatility and Drawdowns

TSLT has been the more volatile fund, with annualized monthly volatility of 105.8% 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 -83.2% for TSLT. 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while TSLT charges 1.05%. On a $10,000 position that is $3 vs $105 annually, a gap of $102 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for TSLT.

Frequently Asked Questions

Which is cheaper, IVV or TSLT?

IVV has an expense ratio of 0.03% while TSLT charges 1.05%. IVV is the cheaper option. On a $10,000 investment, that is $102 per year of difference.

Which performed better, IVV or TSLT?

Over the past year IVV returned +23.01% vs -34.40% for TSLT, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.04% vs -18.64% for TSLT. Past performance does not guarantee future results.

Which is riskier, IVV or TSLT?

TSLT has been the more volatile fund at 105.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TSLT -83.2%.

Should I hold both IVV and TSLT?

IVV and TSLT have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, IVV or TSLT?

IVV yields 1.09% while TSLT yields 0.00%, so IVV currently pays the higher dividend yield.

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