BKGI vs IVV
BNY Mellon Global Infrastructure Income 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 508 holdings.
Side-by-Side Comparison
| Metric | BKGI | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.03% | |
| AUM | $1.3B | $907.0B | |
| Dividend Yield | 2.90% | 1.10% | |
| Holdings | 38 | 508 | |
| YTD Return | +9.10% | +12.71% | |
| 1Y Return | +14.87% | +21.89% | |
| 3Y Return (annualized) | +21.67% | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 13.6% | 15.1% | |
| Max Drawdown | -14.8% | -56.5% | |
| Fund Family | BNY Mellon Investment Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 2, 2022 | May 15, 2000 |
BKGI vs IVV Performance
BNY Mellon Global Infrastructure Income ETF (BKGI) is a ETF from BNY Mellon Investment Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BKGI returned +14.87% while IVV returned +21.89%. Year to date, BKGI is up 9.10% versus a gain of 12.71% for IVV.
Over three years, BKGI compounded at +21.67% per year against +22.08% for IVV. Across the full 4-year window we track, BKGI has the edge at +20.39% annualized vs +7.00%. 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 13.6% for BKGI. 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 -14.8% for BKGI 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
BKGI charges 0.55% per year while IVV charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, BKGI currently yields 2.90% against 1.10% for IVV.
Holdings Overlap
BKGI and IVV share 7 holdings out of 528 unique holdings combined, representing a 0.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BKGI or IVV?
BKGI has an expense ratio of 0.55% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, BKGI or IVV?
Over the past year BKGI returned +14.87% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), BKGI annualized +20.39% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, BKGI or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 13.6% for BKGI. Worst drawdown: BKGI -14.8% vs IVV -56.5%.
Should I hold both BKGI and IVV?
BKGI 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 BKGI and IVV?
BKGI and IVV share 7 common holdings with a 0.6% weight overlap. Combined, they hold 528 unique securities.
Which pays a higher dividend, BKGI or IVV?
BKGI yields 2.90% while IVV yields 1.10%, so BKGI currently pays the higher dividend yield.
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