IVV vs UMDD
iShares Core S&P 500 ETF vs UltraPro MidCap400
Which is better, IVV or UMDD?
Large Cap Blend against Multi Alternative.
IVV has a lower expense ratio. IVV led over 3Y and 5Y, UMDD over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90.
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 | UMDD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.95% |
| AUM | $876.4B | $29M |
| Dividend Yield | 1.06% | 0.69% |
| Holdings | 508 | 409 |
| YTD Return | +12.01% | +20.78%Best |
| 1Y Return | +16.48% | +22.95%Best |
| 3Y Return (annualized) | +21.21%Best | +20.49% |
| 5Y Return (annualized) | +12.95%Best | +1.87% |
| Volatility (annualized) | 14.4%Best | 52.6% |
| Max Drawdown | -33.9%Best | -86.4% |
| $10,000 over 5 years | $18,384Best | $10,971 |
| Fund Family | iShares by BlackRock (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Feb 9, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 11, 2010 to Sep 14, 2026 (16.6 years).
IVV vs UMDD 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 16.6 years both funds cover.
IVV vs UMDD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and UltraPro MidCap400 (UMDD) is an ETF from ProShares. Over the past year IVV returned +16.48% while UMDD returned +22.95%. Year to date, IVV is up 12.01% versus a gain of 20.78% for UMDD.
Over three years, IVV compounded at +21.21% per year against +20.49% for UMDD; over five years the annualized figures are +12.95% and +1.87% respectively. Across the full 17-year window we track, UMDD has the edge at +18.07% annualized vs +13.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UMDD has been the more volatile fund, with annualized monthly volatility of 52.6% 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 -86.4% for UMDD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while UMDD 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 1.06% against 0.69% for UMDD.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 396 in UMDD, totalling 99.3% and 59.5% of the two funds. That is not enough of UMDD to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 396 in UMDD, against full books of 508 and 409.
Top Shared Holdings
| Stock | Weight in IVV | Weight in UMDD | Difference |
|---|---|---|---|
| FISFidelity National Information Srvcs Inc | 0.03% | 0.20% | 0.17% |
You are not choosing between two funds in isolation.
Whichever of IVV and UMDD 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 UMDD?
IVV has an expense ratio of 0.03% while UMDD charges 0.95%. IVV is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, IVV or UMDD?
Over the past year IVV returned +16.48% vs +22.95% for UMDD, so UMDD leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +13.02% vs +18.07% for UMDD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or UMDD?
UMDD has been the more volatile fund at 52.6% annualized versus 14.4% for IVV. Worst drawdown: IVV -33.9% vs UMDD -86.4%.
Should I hold both IVV and UMDD?
IVV and UMDD have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, IVV or UMDD?
IVV yields 1.06% while UMDD yields 0.69%, so IVV currently pays the higher dividend yield.
Is UMDD better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and 5Y, UMDD over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.