IVV vs XXCH
iShares Core S&P 500 ETF vs Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares
Quick Verdict
IVV has a lower expense ratio. XXCH delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | XXCH | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.15% | |
| AUM | $907.0B | $2M | |
| Dividend Yield | 1.10% | 8.77% | |
| Holdings | 508 | 6 | |
| YTD Return | +12.71% | +54.95% | |
| 1Y Return | +21.89% | +35.53% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 22.5% | |
| Max Drawdown | -56.5% | -38.0% | |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Feb 7, 2024 |
IVV vs XXCH Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares (XXCH) is a ETF from Direxion Shares ETF Trust. Over the past year IVV returned +21.89% while XXCH returned +35.53%. Year to date, IVV is up 12.71% versus a gain of 54.95% for XXCH.
Risk: Volatility and Drawdowns
XXCH has been the more volatile fund, with annualized monthly volatility of 22.5% 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 -38.0% for XXCH. 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while XXCH 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 1.10% against 8.77% for XXCH.
Frequently Asked Questions
Which is cheaper, IVV or XXCH?
IVV has an expense ratio of 0.03% while XXCH 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 XXCH?
Over the past year IVV returned +21.89% vs +35.53% for XXCH, so XXCH leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.00% vs +26.62% for XXCH. Past performance does not guarantee future results.
Which is riskier, IVV or XXCH?
XXCH has been the more volatile fund at 22.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs XXCH -38.0%.
Should I hold both IVV and XXCH?
IVV and XXCH have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or XXCH?
IVV yields 1.10% while XXCH yields 8.77%, so XXCH 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.