IVV vs TYD
iShares Core S&P 500 ETF vs Direxion Daily 7-10 Year Treasury Bull 3X ETF
Which is better, IVV or TYD?
Large Cap Blend against Trading-Leveraged Debt.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y 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 | TYD |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.07% |
| AUM | $876.4B | $28M |
| Dividend Yield | 1.06% | 3.44% |
| Holdings | 508 | 8 |
| YTD Return | +11.57%Best | -14.04% |
| 1Y Return | +17.57%Best | -16.58% |
| 3Y Return (annualized) | +20.71%Best | -3.81% |
| 5Y Return (annualized) | +12.80%Best | -15.52% |
| Volatility (annualized) | 14.4%Best | 20.0% |
| Max Drawdown | -33.9%Best | -67.5% |
| $10,000 over 5 years | $18,262Best | $4,303 |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Debt |
| Inception | May 15, 2000 | Apr 16, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 16, 2009 to Sep 10, 2026 (17.4 years).
IVV vs TYD 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 17.4 years both funds cover.
IVV vs TYD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Direxion Daily 7-10 Year Treasury Bull 3X ETF (TYD) is an ETF from Direxion Shares ETF Trust. Over the past year IVV returned +17.57% while TYD returned -16.58%. Year to date, IVV is up 11.57% versus a loss of 14.04% for TYD.
Over three years, IVV compounded at +20.71% per year against -3.81% for TYD; over five years the annualized figures are +12.80% and -15.52% respectively. Across the full 17-year window we track, IVV has the edge at +13.79% annualized vs -1.30%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TYD has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 14.4% 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 -33.9% for IVV and -67.5% for TYD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.08. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while TYD charges 1.07%. On a $10,000 position that is $3 vs $107 annually, a gap of $104 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.44% for TYD.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 3 in TYD, totalling 100.0% and 106.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 3 in TYD, against full books of 508 and 8.
You are not choosing between two funds in isolation.
Whichever of IVV and TYD 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 TYD?
IVV has an expense ratio of 0.03% while TYD charges 1.07%. IVV is the cheaper option, by $104 a year on a $10,000 investment.
Which performed better, IVV or TYD?
Over the past year IVV returned +17.57% vs -16.58% for TYD, so IVV leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +13.79% vs -1.30% for TYD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TYD?
TYD has been the more volatile fund at 20.0% annualized versus 14.4% for IVV. Worst drawdown: IVV -33.9% vs TYD -67.5%.
Should I hold both IVV and TYD?
IVV and TYD have a monthly-return correlation of -0.08, 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 TYD?
IVV yields 1.06% while TYD yields 3.44%, so TYD currently pays the higher dividend yield.
Is TYD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.