IVV vs TSLZ

IVV vs TSLZ
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Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVTSLZWinner
Expense Ratio0.03%1.05%
AUM$907.0B$28M
Dividend Yield1.10%0.46%
Holdings5087
YTD Return+12.71%-1.04%
1Y Return+21.89%-58.70%
3Y Return (annualized)+22.08%-
5Y Return (annualized)+12.96%-
Volatility (annualized)15.1%106.1%
Max Drawdown-56.5%-99.1%
Fund FamilyiShares by BlackRock (US)REX Shares
CategoryEquityAlternative
InceptionMay 15, 2000Oct 19, 2023

IVV vs TSLZ Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) is a ETF from REX Shares. Over the past year IVV returned +21.89% while TSLZ returned -58.70%. Year to date, IVV is up 12.71% versus a loss of 1.04% for TSLZ.

Risk: Volatility and Drawdowns

TSLZ has been the more volatile fund, with annualized monthly volatility of 106.1% 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 -99.1% for TSLZ. 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 -0.28. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while TSLZ 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 1.10% against 0.46% for TSLZ.

Frequently Asked Questions

Which is cheaper, IVV or TSLZ?

IVV has an expense ratio of 0.03% while TSLZ 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 TSLZ?

Over the past year IVV returned +21.89% vs -58.70% for TSLZ, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.00% vs -76.00% for TSLZ. Past performance does not guarantee future results.

Which is riskier, IVV or TSLZ?

TSLZ has been the more volatile fund at 106.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TSLZ -99.1%.

Should I hold both IVV and TSLZ?

IVV and TSLZ have a monthly-return correlation of -0.28, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, IVV or TSLZ?

IVV yields 1.10% while TSLZ yields 0.46%, so IVV currently pays the higher dividend yield.

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