IVV vs LTL
IVV vs LTL
iShares Core S&P 500 ETF vs ProShares Ultra Communication Services
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 | LTL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.95% | |
| AUM | $865.2B | $6M | |
| Dividend Yield | 1.09% | 1.07% | |
| Holdings | 508 | 29 | |
| YTD Return | +13.52% | -11.56% | |
| 1Y Return | +23.63% | +1.25% | |
| 3Y Return (annualized) | +21.26% | +29.54% | |
| 5Y Return (annualized) | +13.52% | +15.83% | |
| Volatility (annualized) | 15.1% | 34.2% | |
| Max Drawdown | -56.5% | -80.7% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Mar 25, 2008 |
IVV vs LTL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ProShares Ultra Communication Services (LTL) is a ETF from ProShares. Over the past year IVV returned +23.63% while LTL returned +1.25%. Year to date, IVV is up 13.52% versus a loss of 11.56% for LTL.
Over three years, IVV compounded at +21.26% per year against +29.54% for LTL; over five years the annualized figures are +13.52% and +15.83% respectively. Across the full 18-year window we track, IVV has the edge at +7.04% annualized vs +5.87%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LTL has been the more volatile fund, with annualized monthly volatility of 34.2% 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 -80.7% for LTL. 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while LTL 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 1.09% against 1.07% for LTL.
Holdings Overlap
IVV and LTL share 22 holdings out of 506 unique holdings combined, representing a 9.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in LTL | Difference |
|---|---|---|---|
| META | 2.19% | 10.56% | 8.37% |
| GOOGL | 3.15% | 6.67% | 3.52% |
| GOOG | 2.53% | 5.36% | 2.83% |
| NFLX | Pro | Pro | Pro |
| TMUS | Pro | Pro | Pro |
| DIS | Pro | Pro | Pro |
| TTWO | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
| T | Pro | Pro | Pro |
| EA | Pro | Pro | Pro |
See all 10 holdings IVV shares with LTL Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or LTL?
IVV has an expense ratio of 0.03% while LTL 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 LTL?
Over the past year IVV returned +23.63% vs +1.25% for LTL, so IVV leads on 1-year performance. Over the longest common window we track (18 years), IVV annualized +7.04% vs +5.87% for LTL. Past performance does not guarantee future results.
Which is riskier, IVV or LTL?
LTL has been the more volatile fund at 34.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs LTL -80.7%.
Should I hold both IVV and LTL?
IVV and LTL have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and LTL?
IVV and LTL share 22 common holdings with a 9.8% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or LTL?
IVV yields 1.09% while LTL yields 1.07%, so IVV currently pays the higher dividend yield.
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