GLOW vs IVV
VictoryShares WestEnd Global Equity ETF vs iShares Core S&P 500 ETF
Which is better, GLOW or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 87.8%.
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 | GLOW | IVV |
|---|---|---|
| Expense Ratio | 0.72% | 0.03%Best |
| AUM | $78M | $896.5B |
| Dividend Yield | 1.40% | 1.10% |
| Holdings | 28 | 508 |
| YTD Return | +11.17% | +13.59%Best |
| 1Y Return | +15.62% | +17.54%Best |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 10.6%Best | 11.7% |
| Max Drawdown | -15.6%Best | -18.8% |
| $10,000 over 2.3 years | $14,245 | $14,508Best |
| Top 10 Weight | 87.8% | 38.9%Best |
| Fund Family | Victory Capital Management Inc. | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 21, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 21, 2024 to Oct 14, 2026 (2.3 years).
GLOW 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 2.3 years both funds cover.
GLOW vs IVV Performance
VictoryShares WestEnd Global Equity ETF (GLOW) is an ETF from Victory Capital Management Inc. and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GLOW returned +15.62% while IVV returned +17.54%. Year to date, GLOW is up 11.17% versus a gain of 13.59% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.7% compared with 10.6% for GLOW. 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 -15.6% for GLOW and -18.8% 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GLOW charges 0.72% per year while IVV charges 0.03%. On a $10,000 position that is $72 vs $3 annually, a gap of $69 per year that compounds over a long holding period. On income, GLOW currently yields 1.40% against 1.10% for IVV.
Holdings Overlap
3.2% of GLOW's money is in holdings IVV also owns. 0.1% of IVV's money is in holdings GLOW also owns.
GLOW and IVV share little of their money.
1 positions in common, counted across the 14 positions we hold weights for in GLOW and 506 in IVV, against full books of 28 and 508.
What only one of them owns
Our book lists 499 positions for IVV that do not appear in our book for GLOW (99.4% of the fund), and 13 for GLOW that do not appear in IVV (96.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GLOW | Weight in IVV | Difference |
|---|---|---|---|
| STTState Street Corp. | 3.23% | 0.07% | 3.16% |
You are not choosing between two funds in isolation.
Whichever of GLOW 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, GLOW or IVV?
GLOW has an expense ratio of 0.72% while IVV charges 0.03%. IVV is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, GLOW or IVV?
Over the past year GLOW returned +15.62% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), GLOW annualized +16.63% vs +17.56% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GLOW or IVV?
IVV has been the more volatile fund at 11.7% annualized versus 10.6% for GLOW. Worst drawdown: GLOW -15.6% vs IVV -18.8%.
Should I hold both GLOW and IVV?
GLOW and IVV have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GLOW and IVV?
3.2% of GLOW's money is in holdings IVV also owns. 0.1% of IVV's is in holdings GLOW also owns. They hold 1 positions in common, counted across the 14 positions we hold weights for in GLOW and 506 in IVV.
Which pays a higher dividend, GLOW or IVV?
GLOW yields 1.40% while IVV yields 1.10%, so GLOW currently pays the higher dividend yield.
Is IVV better than GLOW?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 87.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.