GGTL vs IVV
Gabelli Global Technology Leaders ETF vs iShares Core S&P 500 ETF
Which is better, GGTL or IVV?
Each has led over a different period.
GGTL has a lower expense ratio. GGTL led over 1Y, IVV over 3Y and 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 | GGTL | IVV |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.03% |
| AUM | $16M | $896.5B |
| Dividend Yield | 0.82% | 1.10% |
| Holdings | 149 | 508 |
| YTD Return | +21.53%Best | +13.59% |
| 1Y Return | +22.76%Best | +17.54% |
| 3Y Return (annualized) | +20.64% | +22.46%Best |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 18.7% | 15.5%Best |
| Max Drawdown | -23.6% | -23.4%Best |
| $10,000 over 4.8 years | $16,282 | $17,623Best |
| Fund Family | Gabelli Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 5, 2022 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Jan 5, 2022 to Oct 14, 2026 (4.8 years).
GGTL vs IVV 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 4.8 years both funds cover.
GGTL vs IVV Performance
Gabelli Global Technology Leaders ETF (GGTL) is an ETF from Gabelli Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GGTL returned +22.76% while IVV returned +17.54%. Year to date, GGTL is up 21.53% versus a gain of 13.59% for IVV.
Over three years, GGTL compounded at +20.64% per year against +22.46% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGTL has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 15.5% 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 -23.6% for GGTL and -23.4% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GGTL charges 0.00% per year while IVV charges 0.03%. On a $10,000 position that is $0 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, GGTL currently yields 0.82% against 1.10% for IVV.
Holdings Overlap
At least 31.2% of IVV's money is in holdings GGTL also owns.
Stated as a floor: for GGTL, our book for it covers 85.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
24 positions in common, counted across the 70 positions we hold weights for in GGTL and 506 in IVV, against full books of 149 and 508.
Top Shared Holdings
| Stock | Weight in GGTL | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 2.32% | 8.44% | 6.12% |
| MSFTMicrosoft Corp | 1.84% | 5.76% | 3.92% |
| AMDAdvanced Micro Devices Inc | 4.54% | 1.52% | 3.02% |
| AVGOBroadcom Inc | 2.65% | 2.47% | 0.18% |
| AMZNAmazon.Com Inc | 0.84% | 3.68% | 2.84% |
| MUMicron Technology, Inc. | 1.72% | 1.87% | 0.15% |
| ORCLOracle Corp - Common | 3.16% | 0.36% | 2.80% |
| ANETArista Networks Inc. | 3.15% | 0.32% | 2.83% |
| GOOGLAlphabet Inc | 0.31% | 3.00% | 2.69% |
| TXNTexas Instrument Inc | 1.90% | 0.39% | 1.51% |
31.2% of IVV is already inside GGTL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, GGTL or IVV?
GGTL has an expense ratio of 0.00% while IVV charges 0.03%. GGTL is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, GGTL or IVV?
Over the past year GGTL returned +22.76% vs +17.54% for IVV, so GGTL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGTL or IVV?
GGTL has been the more volatile fund at 18.7% annualized versus 15.5% for IVV. Worst drawdown: GGTL -23.6% vs IVV -23.4%.
Should I hold both GGTL and IVV?
GGTL and IVV have a monthly-return correlation of 0.82, 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 GGTL and IVV?
At least 31.2% of IVV's money is in holdings GGTL also owns. Our book for GGTL is partial, so the real figure is this or higher. They hold 24 positions in common, counted across the 70 positions we hold weights for in GGTL and 506 in IVV.
Which pays a higher dividend, GGTL or IVV?
GGTL yields 0.82% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than GGTL?
GGTL has a lower expense ratio. GGTL led over 1Y, IVV over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.