GGUS vs IVV

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricGGUSIVVWinner
Expense Ratio0.12%0.03%
AUM$427M$865.2B
Dividend Yield0.40%1.09%
Holdings388508
YTD Return+6.84%+13.80%
1Y Return+13.58%+23.70%
3Y Return (annualized)-+21.49%
5Y Return (annualized)-+13.43%
Volatility (annualized)15.4%15.1%
Max Drawdown-22.7%-56.5%
Fund FamilyGoldman Sachs Asset ManagementiShares by BlackRock (US)
CategoryEquityEquity
InceptionNov 28, 2023May 15, 2000

GGUS vs IVV Performance

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is a ETF from Goldman Sachs Asset Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GGUS returned +13.58% while IVV returned +23.70%. Year to date, GGUS is up 6.84% versus a gain of 13.80% for IVV.

Risk: Volatility and Drawdowns

GGUS has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 15.1% 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 -22.7% for GGUS and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

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

GGUS 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, GGUS currently yields 0.40% against 1.09% for IVV.

Holdings Overlap

57.4%overlap

GGUS and IVV share 183 holdings out of 693 unique holdings combined, representing a 57.4% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in GGUSWeight in IVVDifference
NVDA11.81%7.76%4.05%
AAPL10.68%7.44%3.24%
MSFT4.26%4.57%0.31%
AMZNProProPro
AVGOProProPro
GOOGLProProPro
METAProProPro
TSLAProProPro
LLYProProPro
GOOGProProPro
See all 10 holdings GGUS shares with IVV
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Frequently Asked Questions

Which is cheaper, GGUS or IVV?

GGUS has an expense ratio of 0.12% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $9 per year of difference.

Which performed better, GGUS or IVV?

Over the past year GGUS returned +13.58% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), GGUS annualized +22.07% vs +7.05% for IVV. Past performance does not guarantee future results.

Which is riskier, GGUS or IVV?

GGUS has been the more volatile fund at 15.4% annualized versus 15.1% for IVV. Worst drawdown: GGUS -22.7% vs IVV -56.5%.

Should I hold both GGUS and IVV?

GGUS and IVV have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between GGUS and IVV?

GGUS and IVV share 183 common holdings with a 57.4% weight overlap. Combined, they hold 693 unique securities.

Which pays a higher dividend, GGUS or IVV?

GGUS yields 0.40% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.

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