IVV vs TTT
iShares Core S&P 500 ETF vs ProShares UltraPro Short 20 Year Treasury
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | TTT | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.95% | |
| AUM | $865.2B | $18M | |
| Dividend Yield | 1.09% | 9.68% | |
| Holdings | 508 | 10 | |
| YTD Return | +13.72% | +15.36% | |
| 1Y Return | +21.64% | +11.73% | |
| 3Y Return (annualized) | +21.55% | +5.09% | |
| 5Y Return (annualized) | +13.27% | +22.80% | |
| Volatility (annualized) | 15.1% | 39.0% | |
| Max Drawdown | -56.5% | -94.1% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Mar 27, 2012 |
IVV vs TTT Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ProShares UltraPro Short 20 Year Treasury (TTT) is a ETF from ProShares. Over the past year IVV returned +21.64% while TTT returned +11.73%. Year to date, IVV is up 13.72% versus a gain of 15.36% for TTT.
Over three years, IVV compounded at +21.55% per year against +5.09% for TTT; over five years the annualized figures are +13.27% and +22.80% respectively. Across the full 14-year window we track, IVV has the edge at +7.04% annualized vs -9.36%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TTT has been the more volatile fund, with annualized monthly volatility of 39.0% 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 -94.1% for TTT. 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 -0.06. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TTT 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 1.09% against 9.68% for TTT.
Holdings Overlap
IVV and TTT share 0 holdings out of 506 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 TTT?
IVV has an expense ratio of 0.03% while TTT 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 TTT?
Over the past year IVV returned +21.64% vs +11.73% for TTT, so IVV leads on 1-year performance. Over the longest common window we track (14 years), IVV annualized +7.04% vs -9.36% for TTT. Past performance does not guarantee future results.
Which is riskier, IVV or TTT?
TTT has been the more volatile fund at 39.0% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TTT -94.1%.
Should I hold both IVV and TTT?
IVV and TTT have a monthly-return correlation of -0.06, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TTT?
IVV and TTT share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or TTT?
IVV yields 1.09% while TTT yields 9.68%, so TTT currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.