GAEM vs IVV
Simplify Gamma Emerging Market 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 508 holdings.
Side-by-Side Comparison
| Metric | GAEM | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.76% | 0.03% | |
| AUM | $41M | $907.0B | |
| Dividend Yield | 7.15% | 1.10% | |
| Holdings | 80 | 508 | |
| YTD Return | +4.48% | +12.28% | |
| 1Y Return | +8.72% | +20.94% | |
| 3Y Return (annualized) | - | +21.81% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 4.6% | 15.1% | |
| Max Drawdown | -3.8% | -56.5% | |
| Fund Family | Simplify Exchange Traded Funds | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Aug 12, 2024 | May 15, 2000 |
GAEM vs IVV Performance
Simplify Gamma Emerging Market Bond ETF (GAEM) is a ETF from Simplify Exchange Traded Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GAEM returned +8.72% while IVV returned +20.94%. Year to date, GAEM is up 4.48% versus a gain of 12.28% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 4.6% for GAEM. 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 -3.8% for GAEM 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GAEM charges 0.76% per year while IVV charges 0.03%. On a $10,000 position that is $76 vs $3 annually, a gap of $73 per year that compounds over a long holding period. On income, GAEM currently yields 7.15% against 1.10% for IVV.
Holdings Overlap
GAEM and IVV share 0 holdings out of 532 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, GAEM or IVV?
GAEM has an expense ratio of 0.76% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, GAEM or IVV?
Over the past year GAEM returned +8.72% vs +20.94% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), GAEM annualized +10.45% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, GAEM or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 4.6% for GAEM. Worst drawdown: GAEM -3.8% vs IVV -56.5%.
Should I hold both GAEM and IVV?
GAEM and IVV have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GAEM and IVV?
GAEM and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 532 unique securities.
Which pays a higher dividend, GAEM or IVV?
GAEM yields 7.15% while IVV yields 1.10%, so GAEM currently pays the higher dividend yield.
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