GPT vs IVV
Intelligent Alpha Atlas ETF vs iShares Core S&P 500 ETF
Which is better, GPT or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. GPT is less concentrated, with 31.5% of the fund in its ten largest positions against 38.9%.
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 | GPT | IVV |
|---|---|---|
| Expense Ratio | 0.69% | 0.03%Best |
| AUM | $24M | $896.5B |
| Dividend Yield | 0.66% | 1.10% |
| Holdings | 90 | 508 |
| YTD Return | +11.43% | +13.59%Best |
| 1Y Return | +14.76% | +17.54%Best |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 13.0% | 12.4%Best |
| Max Drawdown | -25.6% | -18.8%Best |
| $10,000 over 2.1 years | $13,769 | $14,159Best |
| Top 10 Weight | 31.5%Best | 38.9% |
| Fund Family | Intelligent Alpha | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 16, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 18, 2024 to Oct 14, 2026 (2.1 years).
GPT 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 2.1 years both funds cover.
GPT vs IVV Performance
Intelligent Alpha Atlas ETF (GPT) is an ETF from Intelligent Alpha and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GPT returned +14.76% while IVV returned +17.54%. Year to date, GPT is up 11.43% versus a gain of 13.59% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GPT has been the more volatile fund, with annualized monthly volatility of 13.0% 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 -25.6% for GPT 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GPT charges 0.69% per year while IVV charges 0.03%. On a $10,000 position that is $69 vs $3 annually, a gap of $66 per year that compounds over a long holding period. On income, GPT currently yields 0.66% against 1.10% for IVV.
Holdings Overlap
62.0% of GPT's money is in holdings IVV also owns. 25.4% of IVV's money is in holdings GPT also owns.
The two portfolios partly overlap.
42 positions in common, counted across the 75 positions we hold weights for in GPT and 506 in IVV, against full books of 90 and 508.
What only one of them owns
Our book lists 458 positions for IVV that do not appear in our book for GPT (74.1% of the fund), and 19 for GPT that do not appear in IVV (21.8%).
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 GPT | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 2.48% | 8.44% | 5.96% |
| MUMicron Technology, Inc. | 3.72% | 1.87% | 1.85% |
| AVGOBroadcom Inc | 2.58% | 2.47% | 0.11% |
| AMZNAmazon.Com Inc | 0.92% | 3.68% | 2.76% |
| VSTVistra Energy Corp. | 3.43% | 0.07% | 3.36% |
| ILMNIllumina, Inc. | 3.41% | 0.06% | 3.35% |
| CEGConstellation Energy Corporation Com | 2.79% | 0.13% | 2.66% |
| LRCXLrcx Uw Equity | 2.28% | 0.64% | 1.64% |
| PWRQuanta Services Inc | 2.63% | 0.15% | 2.48% |
| CVXChevron Corp | 2.04% | 0.62% | 1.42% |
62.0% of GPT is already inside IVV.
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, GPT or IVV?
GPT has an expense ratio of 0.69% while IVV charges 0.03%. IVV is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, GPT or IVV?
Over the past year GPT returned +14.76% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), GPT annualized +16.45% vs +18.01% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPT or IVV?
GPT has been the more volatile fund at 13.0% annualized versus 12.4% for IVV. Worst drawdown: GPT -25.6% vs IVV -18.8%.
Should I hold both GPT and IVV?
GPT and IVV have a monthly-return correlation of 0.75, 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 GPT and IVV?
62.0% of GPT's money is in holdings IVV also owns. 25.4% of IVV's is in holdings GPT also owns. They hold 42 positions in common, counted across the 75 positions we hold weights for in GPT and 506 in IVV.
Which pays a higher dividend, GPT or IVV?
GPT yields 0.66% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than GPT?
IVV has a lower expense ratio. IVV led over 1Y and the full window. GPT is less concentrated, with 31.5% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.