GIGB vs IVV
Goldman Sachs Access Investment Grade Corporate Bond ETF vs iShares Core S&P 500 ETF
Which is better, GIGB or IVV?
Long Term Mid Quality against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y 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 | GIGB | IVV |
|---|---|---|
| Expense Ratio | 0.08% | 0.03%Best |
| AUM | $965M | $896.5B |
| Dividend Yield | 4.88% | 1.10% |
| Holdings | 5,187 | 508 |
| YTD Return | -2.26% | +13.59%Best |
| 1Y Return | -2.44% | +17.54%Best |
| 3Y Return (annualized) | +5.26% | +22.46%Best |
| 5Y Return (annualized) | -0.55% | +13.28%Best |
| Volatility (annualized) | 7.2%Best | 15.9% |
| Max Drawdown | -23.1%Best | -33.9% |
| $10,000 over 5 years | $9,728 | $18,654Best |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Mid Quality | Large Cap Blend |
| Inception | Jun 6, 2017 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 8, 2017 to Oct 14, 2026 (9.3 years).
GIGB 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 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.
GIGB vs IVV Performance
Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is an ETF from Goldman Sachs Asset Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GIGB returned -2.44% while IVV returned +17.54%. Year to date, GIGB is down 2.26% versus a gain of 13.59% for IVV.
Over three years, GIGB compounded at +5.26% per year against +22.46% for IVV; over five years the annualized figures are -0.55% and +13.28% respectively. Across the full 9-year window we track, IVV has the edge at +14.03% annualized vs +0.84%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 7.2% for GIGB. 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 -23.1% for GIGB and -33.9% 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GIGB charges 0.08% per year while IVV charges 0.03%. On a $10,000 position that is $8 vs $3 annually, a gap of $5 per year that compounds over a long holding period. On income, GIGB currently yields 4.88% against 1.10% for IVV.
Holdings Overlap
At least 0.1% of IVV's money is in holdings GIGB also owns.
Stated as a floor: for GIGB, our book for it covers 88.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 2,357 positions we hold weights for in GIGB and 506 in IVV, against full books of 5,187 and 508.
Top Shared Holdings
| Stock | Weight in GIGB | Weight in IVV | Difference |
|---|---|---|---|
| KDPKeurig Dr Pepper Inc (kdp Us) | 0.13% | 0.06% | 0.07% |
You are not choosing between two funds in isolation.
Whichever of GIGB and IVV 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, GIGB or IVV?
GIGB has an expense ratio of 0.08% while IVV charges 0.03%. IVV is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, GIGB or IVV?
Over the past year GIGB returned -2.44% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (9 years), GIGB annualized +0.84% vs +14.03% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GIGB or IVV?
IVV has been the more volatile fund at 15.9% annualized versus 7.2% for GIGB. Worst drawdown: GIGB -23.1% vs IVV -33.9%.
Should I hold both GIGB and IVV?
GIGB and IVV have a monthly-return correlation of 0.62, 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, GIGB or IVV?
GIGB yields 4.88% while IVV yields 1.10%, so GIGB currently pays the higher dividend yield.
Is IVV better than GIGB?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.