IVV vs WANT
iShares Core S&P 500 ETF vs Direxion Daily Consumer Discretionary Bull 3X ETF
Which is better, IVV or WANT?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 76.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | WANT |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.00% |
| AUM | $876.4B | $19M |
| Dividend Yield | 1.06% | 0.54% |
| Holdings | 508 | 54 |
| YTD Return | +12.01%Best | -24.91% |
| 1Y Return | +16.48%Best | -31.98% |
| 3Y Return (annualized) | +21.21%Best | +5.11% |
| 5Y Return (annualized) | +12.95%Best | -11.69% |
| Volatility (annualized) | 16.8%Best | 69.7% |
| Max Drawdown | -33.9%Best | -85.9% |
| $10,000 over 5 years | $18,384Best | $5,371 |
| Top 10 Weight | 37.8%Best | 76.5% |
| Fund Family | iShares by BlackRock (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Nov 29, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Nov 29, 2018 to Sep 14, 2026 (7.8 years).
IVV vs WANT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.8 years both funds cover.
IVV vs WANT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Direxion Daily Consumer Discretionary Bull 3X ETF (WANT) is an ETF from Direxion Shares ETF Trust. Over the past year IVV returned +16.48% while WANT returned -31.98%. Year to date, IVV is up 12.01% versus a loss of 24.91% for WANT.
Over three years, IVV compounded at +21.21% per year against +5.11% for WANT; over five years the annualized figures are +12.95% and -11.69% respectively. Across the full 8-year window we track, IVV has the edge at +15.09% annualized vs +5.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WANT has been the more volatile fund, with annualized monthly volatility of 69.7% compared with 16.8% 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 -33.9% for IVV and -85.9% for WANT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while WANT charges 1.00%. On a $10,000 position that is $3 vs $100 annually, a gap of $97 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.54% for WANT.
Holdings Overlap
8.9% of IVV's money is in holdings WANT also owns. 72.8% of WANT's money is in holdings IVV also owns.
Most of WANT is already inside IVV. Owning both mostly buys the same companies twice.
44 positions in common, counted across the 490 positions we hold weights for in IVV and 49 in WANT, against full books of 508 and 54.
What only one of them owns
Measured across the 490 and 49 positions we hold weights for.
IVV holds 438 positions WANT does not, 89.7% of the fund.
Largest: NVDA 8.07%, AAPL 7.02%, MSFT 5.69%, GOOGL 3.00%, AVGO 2.65%
Top Shared Holdings
| Stock | Weight in IVV | Weight in WANT | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 3.84% | 18.34% | 14.50% |
| TSLATesla Inc | 1.56% | 12.83% | 11.27% |
| HDHome Depot Inc/The | 0.49% | 4.08% | 3.59% |
| MCDMcdonald'S Corp | 0.28% | 3.10% | 2.82% |
| BKNGBooking Holdings, Inc. | 0.23% | 2.91% | 2.68% |
| TJXTjx Cos Inc | 0.22% | 2.66% | 2.44% |
| SBUXStarbucks Corp | 0.18% | 2.32% | 2.14% |
| LOWLowes Cos., Inc. | 0.17% | 2.15% | 1.98% |
| DASHDoordash Inc - A | 0.13% | 1.64% | 1.51% |
| GMGeneral Motors Co | 0.12% | 1.48% | 1.36% |
72.8% of WANT is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or WANT?
IVV has an expense ratio of 0.03% while WANT charges 1.00%. IVV is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, IVV or WANT?
Over the past year IVV returned +16.48% vs -31.98% for WANT, so IVV leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +15.09% vs +5.39% for WANT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or WANT?
WANT has been the more volatile fund at 69.7% annualized versus 16.8% for IVV. Worst drawdown: IVV -33.9% vs WANT -85.9%.
Should I hold both IVV and WANT?
IVV and WANT have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and WANT?
72.8% of WANT's money is in holdings IVV also owns. 72.8% of WANT's is in holdings IVV also owns. They hold 44 positions in common, counted across the 490 positions we hold weights for in IVV and 49 in WANT.
Which pays a higher dividend, IVV or WANT?
IVV yields 1.06% while WANT yields 0.54%, so IVV currently pays the higher dividend yield.
Is WANT better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 76.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.