GSLC vs IVV
GSLC vs IVV
Goldman Sachs ActiveBeta US Large Cap Equity 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 | GSLC | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.03% | |
| AUM | $14.9B | $865.2B | |
| Dividend Yield | 0.95% | 1.09% | |
| Holdings | 436 | 508 | |
| YTD Return | +8.34% | +9.93% | |
| 1Y Return | +16.25% | +19.59% | |
| 3Y Return (annualized) | +18.12% | +19.41% | |
| 5Y Return (annualized) | +11.54% | +12.89% | |
| Volatility (annualized) | 15.0% | 15.1% | |
| Max Drawdown | -33.7% | -56.5% | |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 17, 2015 | May 15, 2000 |
GSLC vs IVV Performance
Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC) 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 GSLC returned +16.25% while IVV returned +19.59%. Year to date, GSLC is up 8.34% versus a gain of 9.93% for IVV.
Over three years, GSLC compounded at +18.12% per year against +19.41% for IVV; over five years the annualized figures are +11.54% and +12.89% respectively. Across the full 11-year window we track, GSLC has the edge at +13.11% annualized vs +6.91%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 15.0% for GSLC. 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 -33.7% for GSLC 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GSLC charges 0.09% per year while IVV charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, GSLC currently yields 0.95% against 1.09% for IVV.
Holdings Overlap
GSLC and IVV share 369 holdings out of 562 unique holdings combined, representing a 73.8% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in GSLC | Weight in IVV | Difference |
|---|---|---|---|
| NVDA | 7.43% | 7.76% | 0.33% |
| AAPL | 7.67% | 7.44% | 0.23% |
| MSFT | 4.27% | 4.57% | 0.30% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings GSLC shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, GSLC or IVV?
GSLC has an expense ratio of 0.09% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, GSLC or IVV?
Over the past year GSLC returned +16.25% vs +19.59% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (11 years), GSLC annualized +13.11% vs +6.91% for IVV. Past performance does not guarantee future results.
Which is riskier, GSLC or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 15.0% for GSLC. Worst drawdown: GSLC -33.7% vs IVV -56.5%.
Should I hold both GSLC and IVV?
GSLC and IVV have a monthly-return correlation of 1.00, 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 GSLC and IVV?
GSLC and IVV share 369 common holdings with a 73.8% weight overlap. Combined, they hold 562 unique securities.
Which pays a higher dividend, GSLC or IVV?
GSLC yields 0.95% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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