IVV vs RKLX
iShares Core S&P 500 ETF vs Defiance Daily Target 2X Long RKLB ETF
Which is better, IVV or RKLX?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. IVV led over 1Y, RKLX over the full window.
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 | RKLX |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.63% |
| AUM | $896.5B | $177M |
| Dividend Yield | 1.10% | 34.75% |
| Holdings | 508 | 22 |
| YTD Return | +13.59%Best | -74.41% |
| 1Y Return | +17.54%Best | -78.58% |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 11.7%Best | 203.4% |
| Max Drawdown | -13.7%Best | -89.5% |
| $10,000 over 1.6 years | $14,287 | $19,490Best |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Mar 12, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Mar 13, 2025 to Oct 14, 2026 (1.6 years).
IVV vs RKLX 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs RKLX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Defiance Daily Target 2X Long RKLB ETF (RKLX) is an ETF from Defiance ETFs, LLC. Over the past year IVV returned +17.54% while RKLX returned -78.58%. Year to date, IVV is up 13.59% versus a loss of 74.41% for RKLX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RKLX has been the more volatile fund, with annualized monthly volatility of 203.4% compared with 11.7% 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 -13.7% for IVV and -89.5% for RKLX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while RKLX charges 1.63%. On a $10,000 position that is $3 vs $163 annually, a gap of $160 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 34.75% for RKLX.
Holdings Overlap
We hold position weights for 506 holdings in IVV and 1 in RKLX, totalling 99.9% and 0.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 506 positions we hold weights for in IVV and 1 in RKLX, against full books of 508 and 22.
You are not choosing between two funds in isolation.
Whichever of IVV and RKLX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or RKLX?
IVV has an expense ratio of 0.03% while RKLX charges 1.63%. IVV is the cheaper option, by $160 a year on a $10,000 investment.
Which performed better, IVV or RKLX?
Over the past year IVV returned +17.54% vs -78.58% for RKLX, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +24.98% vs +51.75% for RKLX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RKLX?
RKLX has been the more volatile fund at 203.4% annualized versus 11.7% for IVV. Worst drawdown: IVV -13.7% vs RKLX -89.5%.
Should I hold both IVV and RKLX?
IVV and RKLX have a monthly-return correlation of 0.50, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or RKLX?
IVV yields 1.10% while RKLX yields 34.75%, so RKLX currently pays the higher dividend yield.
Is RKLX better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, RKLX over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.