IVV vs UBRL
iShares Core S&P 500 ETF vs GraniteShares 2x Long UBER Daily ETF
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 | UBRL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.15% | |
| AUM | $865.2B | $20M | |
| Dividend Yield | 1.09% | 14.80% | |
| Holdings | 508 | 2 | |
| YTD Return | +13.43% | -21.06% | |
| 1Y Return | +22.61% | -38.27% | |
| 3Y Return (annualized) | +21.47% | - | |
| 5Y Return (annualized) | +13.26% | - | |
| Volatility (annualized) | 15.1% | 52.8% | |
| Max Drawdown | -56.5% | -62.8% | |
| Fund Family | iShares by BlackRock (US) | GraniteShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Sep 3, 2024 |
IVV vs UBRL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and GraniteShares 2x Long UBER Daily ETF (UBRL) is a ETF from GraniteShares. Over the past year IVV returned +22.61% while UBRL returned -38.27%. Year to date, IVV is up 13.43% versus a loss of 21.06% for UBRL.
Risk: Volatility and Drawdowns
UBRL has been the more volatile fund, with annualized monthly volatility of 52.8% 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 -62.8% for UBRL. 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 UBRL charges 1.15%. On a $10,000 position that is $3 vs $115 annually, a gap of $112 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 14.80% for UBRL.
Holdings Overlap
IVV and UBRL share 1 holdings out of 505 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in UBRL | Difference |
|---|---|---|---|
| UBER | 0.23% | 66.66% | 66.43% |
Frequently Asked Questions
Which is cheaper, IVV or UBRL?
IVV has an expense ratio of 0.03% while UBRL charges 1.15%. IVV is the cheaper option. On a $10,000 investment, that is $112 per year of difference.
Which performed better, IVV or UBRL?
Over the past year IVV returned +22.61% vs -38.27% for UBRL, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.03% vs -12.71% for UBRL. Past performance does not guarantee future results.
Which is riskier, IVV or UBRL?
UBRL has been the more volatile fund at 52.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs UBRL -62.8%.
Should I hold both IVV and UBRL?
IVV and UBRL 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 UBRL?
IVV and UBRL share 1 common holdings with a 0.2% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, IVV or UBRL?
IVV yields 1.09% while UBRL yields 14.80%, so UBRL 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.