IVV vs UXI
iShares Core S&P 500 ETF vs ProShares Ultra Industrials
Quick Verdict
IVV has a lower expense ratio. UXI delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | UXI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.95% | |
| AUM | $907.0B | $33M | |
| Dividend Yield | 1.10% | 0.51% | |
| Holdings | 508 | 87 | |
| YTD Return | +12.28% | +23.71% | |
| 1Y Return | +20.94% | +32.81% | |
| 3Y Return (annualized) | +21.81% | +33.26% | |
| 5Y Return (annualized) | +13.05% | +12.58% | |
| Volatility (annualized) | 15.1% | 38.9% | |
| Max Drawdown | -56.5% | -89.7% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jan 30, 2007 |
IVV vs UXI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ProShares Ultra Industrials (UXI) is a ETF from ProShares. Over the past year IVV returned +20.94% while UXI returned +32.81%. Year to date, IVV is up 12.28% versus a gain of 23.71% for UXI.
Over three years, IVV compounded at +21.81% per year against +33.26% for UXI; over five years the annualized figures are +13.05% and +12.58% respectively. Across the full 20-year window we track, UXI has the edge at +12.44% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UXI has been the more volatile fund, with annualized monthly volatility of 38.9% 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 -89.7% for UXI. 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 0.92. 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 UXI 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 1.10% against 0.51% for UXI.
Holdings Overlap
IVV and UXI share 78 holdings out of 508 unique holdings combined, representing a 8.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or UXI?
IVV has an expense ratio of 0.03% while UXI 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 UXI?
Over the past year IVV returned +20.94% vs +32.81% for UXI, so UXI leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +6.98% vs +12.44% for UXI. Past performance does not guarantee future results.
Which is riskier, IVV or UXI?
UXI has been the more volatile fund at 38.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs UXI -89.7%.
Should I hold both IVV and UXI?
IVV and UXI have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and UXI?
IVV and UXI share 78 common holdings with a 8.3% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, IVV or UXI?
IVV yields 1.10% while UXI yields 0.51%, so IVV currently pays the higher dividend yield.
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