IVV vs WEBL
iShares Core S&P 500 ETF vs Direxion Daily Dow Jones Internet Bull 3X 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 | WEBL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.96% | |
| AUM | $865.2B | $83M | |
| Dividend Yield | 1.09% | 0.19% | |
| Holdings | 508 | 47 | |
| YTD Return | +13.80% | +16.27% | |
| 1Y Return | +23.01% | +4.71% | |
| 3Y Return (annualized) | +21.77% | +39.20% | |
| 5Y Return (annualized) | +13.39% | -17.56% | |
| Volatility (annualized) | 15.1% | 73.1% | |
| Max Drawdown | -56.5% | -94.4% | |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Nov 7, 2019 |
IVV vs WEBL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily Dow Jones Internet Bull 3X ETF (WEBL) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +23.01% while WEBL returned +4.71%. Year to date, IVV is up 13.80% versus a gain of 16.27% for WEBL.
Over three years, IVV compounded at +21.77% per year against +39.20% for WEBL; over five years the annualized figures are +13.39% and -17.56% respectively. Across the full 7-year window we track, IVV has the edge at +7.04% annualized vs +3.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WEBL has been the more volatile fund, with annualized monthly volatility of 73.1% 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 -94.4% for WEBL. 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while WEBL charges 0.96%. On a $10,000 position that is $3 vs $96 annually, a gap of $93 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.19% for WEBL.
Holdings Overlap
IVV and WEBL share 24 holdings out of 523 unique holdings combined, representing a 14.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or WEBL?
IVV has an expense ratio of 0.03% while WEBL charges 0.96%. IVV is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, IVV or WEBL?
Over the past year IVV returned +23.01% vs +4.71% for WEBL, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +7.04% vs +3.98% for WEBL. Past performance does not guarantee future results.
Which is riskier, IVV or WEBL?
WEBL has been the more volatile fund at 73.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs WEBL -94.4%.
Should I hold both IVV and WEBL?
IVV and WEBL have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and WEBL?
IVV and WEBL share 24 common holdings with a 14.7% weight overlap. Combined, they hold 523 unique securities.
Which pays a higher dividend, IVV or WEBL?
IVV yields 1.09% while WEBL yields 0.19%, so IVV currently pays the higher dividend yield.
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