GSST vs IVV
GSST vs IVV
Goldman Sachs Ultra Short 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 | GSST | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.16% | 0.03% | |
| AUM | $1.6B | $865.2B | |
| Dividend Yield | 4.31% | 1.09% | |
| Holdings | 413 | 508 | |
| YTD Return | -0.20% | +13.52% | |
| 1Y Return | +1.42% | +23.63% | |
| 3Y Return (annualized) | +4.43% | +21.26% | |
| 5Y Return (annualized) | +3.30% | +13.52% | |
| Volatility (annualized) | 1.4% | 15.1% | |
| Max Drawdown | -3.5% | -56.5% | |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Apr 15, 2019 | May 15, 2000 |
GSST vs IVV Performance
Goldman Sachs Ultra Short Bond ETF (GSST) 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 GSST returned +1.42% while IVV returned +23.63%. Year to date, GSST is down 0.20% versus a gain of 13.52% for IVV.
Over three years, GSST compounded at +4.43% per year against +21.26% for IVV; over five years the annualized figures are +3.30% and +13.52% respectively. Across the full 7-year window we track, IVV has the edge at +7.04% annualized vs +2.89%. 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 1.4% for GSST. 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 -3.5% for GSST 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 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GSST charges 0.16% per year while IVV charges 0.03%. On a $10,000 position that is $16 vs $3 annually, a gap of $13 per year that compounds over a long holding period. On income, GSST currently yields 4.31% against 1.09% for IVV.
Holdings Overlap
GSST and IVV share 0 holdings out of 734 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, GSST or IVV?
GSST has an expense ratio of 0.16% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $13 per year of difference.
Which performed better, GSST or IVV?
Over the past year GSST returned +1.42% vs +23.63% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), GSST annualized +2.89% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, GSST or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 1.4% for GSST. Worst drawdown: GSST -3.5% vs IVV -56.5%.
Should I hold both GSST and IVV?
GSST and IVV have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GSST and IVV?
GSST and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 734 unique securities.
Which pays a higher dividend, GSST or IVV?
GSST yields 4.31% while IVV yields 1.09%, so GSST currently pays the higher dividend yield.
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