IVV vs UMDD
IVV vs UMDD
iShares Core S&P 500 ETF vs UltraPro MidCap400
Quick Verdict
IVV has a lower expense ratio. UMDD delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | UMDD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.95% | |
| AUM | $865.2B | $33M | |
| Dividend Yield | 1.09% | 0.63% | |
| Holdings | 508 | 409 | |
| YTD Return | +13.52% | +42.36% | |
| 1Y Return | +23.63% | +63.25% | |
| 3Y Return (annualized) | +21.26% | +20.38% | |
| 5Y Return (annualized) | +13.52% | +5.02% | |
| Volatility (annualized) | 15.1% | 52.8% | |
| Max Drawdown | -56.5% | -86.4% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Feb 9, 2010 |
IVV vs UMDD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and UltraPro MidCap400 (UMDD) is a ETF from ProShares. Over the past year IVV returned +23.63% while UMDD returned +63.25%. Year to date, IVV is up 13.52% versus a gain of 42.36% for UMDD.
Over three years, IVV compounded at +21.26% per year against +20.38% for UMDD; over five years the annualized figures are +13.52% and +5.02% respectively. Across the full 17-year window we track, UMDD has the edge at +19.39% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UMDD has been the more volatile fund, with annualized monthly volatility of 52.8% 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 -86.4% for UMDD. 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 0.90. 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 UMDD 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 0.63% for UMDD.
Holdings Overlap
IVV and UMDD share 1 holdings out of 904 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in UMDD | Difference |
|---|---|---|---|
| PR | 0.62% | 0.05% | 0.57% |
Frequently Asked Questions
Which is cheaper, IVV or UMDD?
IVV has an expense ratio of 0.03% while UMDD 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 UMDD?
Over the past year IVV returned +23.63% vs +63.25% for UMDD, so UMDD leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +7.04% vs +19.39% for UMDD. Past performance does not guarantee future results.
Which is riskier, IVV or UMDD?
UMDD has been the more volatile fund at 52.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs UMDD -86.4%.
Should I hold both IVV and UMDD?
IVV and UMDD have a monthly-return correlation of 0.90, 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 UMDD?
IVV and UMDD share 1 common holdings with a 0.1% weight overlap. Combined, they hold 904 unique securities.
Which pays a higher dividend, IVV or UMDD?
IVV yields 1.09% while UMDD yields 0.63%, so IVV 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.