IVV vs UDOW
IVV vs UDOW
iShares Core S&P 500 ETF vs ProShares UltraPro Dow30
Quick Verdict
IVV has a lower expense ratio. UDOW delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | UDOW | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.95% | |
| AUM | $865.2B | $827M | |
| Dividend Yield | 1.09% | 1.10% | |
| Holdings | 508 | 42 | |
| YTD Return | +13.31% | +32.34% | |
| 1Y Return | +24.00% | +68.15% | |
| 3Y Return (annualized) | +21.16% | +35.51% | |
| 5Y Return (annualized) | +13.34% | +16.45% | |
| Volatility (annualized) | 15.1% | 43.9% | |
| Max Drawdown | -56.5% | -80.3% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Feb 9, 2010 |
IVV vs UDOW Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ProShares UltraPro Dow30 (UDOW) is a ETF from ProShares. Over the past year IVV returned +24.00% while UDOW returned +68.15%. Year to date, IVV is up 13.31% versus a gain of 32.34% for UDOW.
Over three years, IVV compounded at +21.16% per year against +35.51% for UDOW; over five years the annualized figures are +13.34% and +16.45% respectively. Across the full 17-year window we track, UDOW has the edge at +26.71% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UDOW has been the more volatile fund, with annualized monthly volatility of 43.9% 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 -80.3% for UDOW. 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 0.94. 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 UDOW 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 1.10% for UDOW.
Holdings Overlap
IVV and UDOW share 29 holdings out of 507 unique holdings combined, representing a 19.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in UDOW | Difference |
|---|---|---|---|
| AAPL | 7.44% | 1.80% | 5.64% |
| NVDA | 7.76% | 1.12% | 6.64% |
| MSFT | 4.57% | 2.22% | 2.35% |
| GS | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| UNH | Pro | Pro | Pro |
| V | Pro | Pro | Pro |
See all 10 holdings IVV shares with UDOW 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 UDOW?
IVV has an expense ratio of 0.03% while UDOW 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 UDOW?
Over the past year IVV returned +24.00% vs +68.15% for UDOW, so UDOW leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +7.03% vs +26.71% for UDOW. Past performance does not guarantee future results.
Which is riskier, IVV or UDOW?
UDOW has been the more volatile fund at 43.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs UDOW -80.3%.
Should I hold both IVV and UDOW?
IVV and UDOW have a monthly-return correlation of 0.94, 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 UDOW?
IVV and UDOW share 29 common holdings with a 19.5% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or UDOW?
IVV yields 1.09% while UDOW yields 1.10%, so UDOW currently pays the higher dividend yield.
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