IVV vs URSP
iShares Core S&P 500 ETF vs ProShares Ultra S&P 500 Equal Weight
Which is better, IVV or URSP?
Large Cap Blend against Multi Alternative.
IVV has a lower expense ratio. IVV led over the full window, URSP over 1Y.
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 | URSP |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.95% |
| AUM | $882.6B | $38M |
| Dividend Yield | 1.06% | 0.88% |
| Holdings | 508 | 507 |
| YTD Return | +14.84% | +18.62%Best |
| 1Y Return | +18.70% | +25.10%Best |
| 3Y Return (annualized) | +22.93% | - |
| 5Y Return (annualized) | +13.91% | - |
| Volatility (annualized) | 12.4%Best | 21.1% |
| Max Drawdown | -8.9%Best | -15.7% |
| $10,000 over 1.1 years | $12,146Best | $12,138 |
| Fund Family | iShares by BlackRock (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Aug 25, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 27, 2025 to Oct 13, 2026 (1.1 years).
IVV vs URSP 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 1.1 years both funds cover.
IVV vs URSP Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and ProShares Ultra S&P 500 Equal Weight (URSP) is an ETF from ProShares. Over the past year IVV returned +18.70% while URSP returned +25.10%. Year to date, IVV is up 14.84% versus a gain of 18.62% for URSP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
URSP has been the more volatile fund, with annualized monthly volatility of 21.1% compared with 12.4% 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 -8.9% for IVV and -15.7% for URSP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while URSP 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 1.06% against 0.88% for URSP.
Holdings Overlap
At least 98.6% of IVV's money is in holdings URSP also owns.
Stated as a floor: for URSP, our book for it covers 45.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of IVV is already inside URSP. Owning both mostly buys the same companies twice.
492 positions in common, counted across the 505 positions we hold weights for in IVV and 503 in URSP, against full books of 508 and 507.
Top Shared Holdings
| Stock | Weight in IVV | Weight in URSP | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.00% | 0.09% | 7.91% |
| AAPLApple, Inc | 7.39% | 0.10% | 7.29% |
| MSFTMicrosoft Corp | 5.57% | 0.11% | 5.46% |
| AMZNAmazon.Com Inc | 3.80% | 0.09% | 3.71% |
| GOOGLAlphabet Inc,class A | 3.00% | 0.05% | 2.95% |
| AVGOBroadcom Inc | 2.59% | 0.08% | 2.51% |
| GOOGAlphabet Inc. C | 2.40% | 0.04% | 2.36% |
| METAMeta Platforms Inc | 2.15% | 0.10% | 2.05% |
| MUMicron Technology, Inc. | 1.66% | 0.09% | 1.57% |
| TSLATesla Inc | 1.56% | 0.08% | 1.48% |
98.6% of IVV is already inside URSP.
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 URSP?
IVV has an expense ratio of 0.03% while URSP charges 0.95%. IVV is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, IVV or URSP?
Over the past year IVV returned +18.70% vs +25.10% for URSP, so URSP leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +19.33% vs +19.26% for URSP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or URSP?
URSP has been the more volatile fund at 21.1% annualized versus 12.4% for IVV. Worst drawdown: IVV -8.9% vs URSP -15.7%.
Should I hold both IVV and URSP?
IVV and URSP have a monthly-return correlation of 0.68, 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 URSP?
At least 98.6% of IVV's money is in holdings URSP also owns. Our book for URSP is partial, so the real figure is this or higher. They hold 492 positions in common, counted across the 505 positions we hold weights for in IVV and 503 in URSP.
Which pays a higher dividend, IVV or URSP?
IVV yields 1.06% while URSP yields 0.88%, so IVV currently pays the higher dividend yield.
Is URSP better than IVV?
IVV has a lower expense ratio. IVV led over the full window, URSP over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.