GXIG 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

MetricGXIGIVVWinner
Expense Ratio0.15%0.03%
AUM$170M$865.2B
Dividend Yield5.53%1.09%
Holdings95508
YTD Return-0.89%+13.80%
1Y Return+1.02%+23.70%
3Y Return (annualized)-+21.49%
5Y Return (annualized)-+13.43%
Volatility (annualized)3.6%15.1%
Max Drawdown-3.5%-56.5%
Fund FamilyGlobal X by mirae AssetiShares by BlackRock (US)
CategoryFixed IncomeEquity
InceptionJun 16, 2025May 15, 2000

GXIG vs IVV Performance

Global X Investment Grade Corporate Bond ETF (GXIG) is a ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GXIG returned +1.02% while IVV returned +23.70%. Year to date, GXIG is down 0.89% 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 GXIG. 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 GXIG 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

GXIG charges 0.15% per year while IVV charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, GXIG currently yields 5.53% against 1.09% for IVV.

Holdings Overlap

0.1%overlap

GXIG and IVV share 1 holdings out of 577 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in GXIGWeight in IVVDifference
DUK0.69%0.15%0.54%

Frequently Asked Questions

Which is cheaper, GXIG or IVV?

GXIG has an expense ratio of 0.15% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.

Which performed better, GXIG or IVV?

Over the past year GXIG returned +1.02% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), GXIG annualized +2.70% vs +7.05% for IVV. Past performance does not guarantee future results.

Which is riskier, GXIG or IVV?

IVV has been the more volatile fund at 15.1% annualized versus 3.6% for GXIG. Worst drawdown: GXIG -3.5% vs IVV -56.5%.

Should I hold both GXIG and IVV?

GXIG and IVV have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between GXIG and IVV?

GXIG and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 577 unique securities.

Which pays a higher dividend, GXIG or IVV?

GXIG yields 5.53% while IVV yields 1.09%, so GXIG currently pays the higher dividend yield.

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