GIGL vs IVV
GIGL vs IVV
Goldman Sachs Corporate Bond ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GIGL | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.03% | |
| AUM | $216M | $865.2B | |
| Dividend Yield | 3.75% | 1.09% | |
| Holdings | 251 | 508 | |
| YTD Return | -0.40% | +13.80% | |
| 1Y Return | +2.07% | +23.70% | |
| 3Y Return (annualized) | - | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | 3.6% | 15.1% | |
| Max Drawdown | -3.1% | -56.5% | |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 24, 2025 | May 15, 2000 |
GIGL vs IVV Performance
Goldman Sachs Corporate Bond ETF (GIGL) 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 GIGL returned +2.07% while IVV returned +23.70%. Year to date, GIGL is down 0.40% versus a gain of 13.80% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.6% for GIGL. 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 -3.1% for GIGL 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GIGL charges 0.29% per year while IVV charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, GIGL currently yields 3.75% against 1.09% for IVV.
Holdings Overlap
GIGL and IVV share 0 holdings out of 729 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GIGL or IVV?
GIGL has an expense ratio of 0.29% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, GIGL or IVV?
Over the past year GIGL returned +2.07% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), GIGL annualized +2.93% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, GIGL or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 3.6% for GIGL. Worst drawdown: GIGL -3.1% vs IVV -56.5%.
Should I hold both GIGL and IVV?
GIGL and IVV have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GIGL and IVV?
GIGL and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 729 unique securities.
Which pays a higher dividend, GIGL or IVV?
GIGL yields 3.75% while IVV yields 1.09%, so GIGL currently pays the higher dividend yield.
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