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IYW vs SMCX

iShares U.S. Technology ETF vs Defiance Daily Target 2X Long SMCI ETF

IYW

iShares U.S. Technology ETF

iShares

Annual cost

0.38%

Fund size

$21.5B

SMCX

Defiance Daily Target 2X Long SMCI ETF

Defiance ETFs LLC

Annual cost

1.43%

Fund size

$106M

Key differences

  • IYW costs 1.05% less per year.
  • IYW is significantly larger than SMCX — larger funds tend to be more liquid and less likely to close.
  • IYW follows a index tracking strategy; SMCX uses leveraged.
  • IYW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IYWSMCX
Annual cost (TER)0.38%1.43%
Fund size (AUM)$21.5B$106M
Since20002024
Dividend yield0.12%8.67%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingleveraged
CAGR 1Y+59.0%-70.2%
CAGR 3Y+36.1%N/A
CAGR 5Y+23.0%N/A
Sharpe 3Y1.28N/A
Volatility 1Y20.06%154.12%
Max drawdown-39.44%-99.02%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to IYW and SMCX