GVUS vs IVV
Goldman Sachs MarketBeta Russell 1000 Value Equity ETF vs iShares Core S&P 500 ETF
Which is better, GVUS or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. GVUS led over 1Y, IVV over the full window. GVUS is less concentrated, with 28.9% of the fund in its ten largest positions against 38.1%.
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 | GVUS | IVV |
|---|---|---|
| Expense Ratio | 0.12% | 0.03%Best |
| AUM | $438M | $882.6B |
| Dividend Yield | 1.46% | 1.06% |
| Holdings | 1,716 | 508 |
| YTD Return | +21.38%Best | +14.84% |
| 1Y Return | +28.21%Best | +18.70% |
| 3Y Return (annualized) | - | +22.93% |
| 5Y Return (annualized) | - | +13.91% |
| Volatility (annualized) | 11.7% | 11.6%Best |
| Max Drawdown | -16.3%Best | -18.8% |
| $10,000 over 2.9 years | $17,054 | $17,826Best |
| Top 10 Weight | 28.9%Best | 38.1% |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Nov 28, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 30, 2023 to Oct 13, 2026 (2.9 years).
GVUS 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 2.9 years both funds cover.
GVUS vs IVV Performance
Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) 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 GVUS returned +28.21% while IVV returned +18.70%. Year to date, GVUS is up 21.38% versus a gain of 14.84% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GVUS has been the more volatile fund, with annualized monthly volatility of 11.7% compared with 11.6% 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 -16.3% for GVUS 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GVUS charges 0.12% per year while IVV charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, GVUS currently yields 1.46% against 1.06% for IVV.
Holdings Overlap
89.1% of GVUS's money is in holdings IVV also owns. 63.8% of IVV's money is in holdings GVUS also owns.
Most of GVUS is already inside IVV. Owning both mostly buys the same companies twice.
416 positions in common, counted across the 857 positions we hold weights for in GVUS and 505 in IVV, against full books of 1,716 and 508.
What only one of them owns
Our book lists 83 positions for IVV that do not appear in our book for GVUS (35.5% of the fund), and 371 for GVUS that do not appear in IVV (9.6%).
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 GVUS | Weight in IVV | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.80% | 7.39% | 1.59% |
| MSFTMicrosoft Corp | 4.92% | 5.57% | 0.65% |
| AMZNAmazon.Com Inc | 6.01% | 3.80% | 2.21% |
| JPMJpmorgan Chase | 2.53% | 1.44% | 1.09% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 2.53% | 1.42% | 1.11% |
| XOMExxon Mobil Corp. | 1.85% | 1.04% | 0.81% |
| METAMeta Platforms Inc | 0.69% | 2.15% | 1.46% |
| JNJJohnson & Johnson - Common | 1.73% | 0.97% | 0.76% |
| INTCIntel Corporation | 1.23% | 0.77% | 0.46% |
| WMTWalmart, Inc. | 1.13% | 0.71% | 0.42% |
89.1% of GVUS 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, GVUS or IVV?
GVUS has an expense ratio of 0.12% while IVV charges 0.03%. IVV is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, GVUS or IVV?
Over the past year GVUS returned +28.21% vs +18.70% for IVV, so GVUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GVUS or IVV?
GVUS has been the more volatile fund at 11.7% annualized versus 11.6% for IVV. Worst drawdown: GVUS -16.3% vs IVV -18.8%.
Should I hold both GVUS and IVV?
GVUS and IVV have a monthly-return correlation of 0.76, 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 GVUS and IVV?
89.1% of GVUS's money is in holdings IVV also owns. 63.8% of IVV's is in holdings GVUS also owns. They hold 416 positions in common, counted across the 857 positions we hold weights for in GVUS and 505 in IVV.
Which pays a higher dividend, GVUS or IVV?
GVUS yields 1.46% while IVV yields 1.06%, so GVUS currently pays the higher dividend yield.
Is IVV better than GVUS?
IVV has a lower expense ratio. GVUS led over 1Y, IVV over the full window. GVUS is less concentrated, with 28.9% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.