GCC vs IVV
WisdomTree Enhanced Commodity Strategy Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. GCC delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GCC | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.57% | 0.03% | |
| AUM | $270M | $865.2B | |
| Dividend Yield | 6.21% | 1.09% | |
| Holdings | 37 | 508 | |
| YTD Return | +18.95% | +13.72% | |
| 1Y Return | +33.45% | +21.64% | |
| 3Y Return (annualized) | +17.57% | +21.55% | |
| 5Y Return (annualized) | +12.27% | +13.27% | |
| Volatility (annualized) | 15.0% | 15.1% | |
| Max Drawdown | -63.2% | -56.5% | |
| Fund Family | WisdomTree Investments | iShares by BlackRock (US) | |
| Category | Commodity | Equity | |
| Inception | Dec 21, 2020 | May 15, 2000 |
GCC vs IVV Performance
WisdomTree Enhanced Commodity Strategy Fund (GCC) is a ETF from WisdomTree Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GCC returned +33.45% while IVV returned +21.64%. Year to date, GCC is up 18.95% versus a gain of 13.72% for IVV.
Over three years, GCC compounded at +17.57% per year against +21.55% for IVV; over five years the annualized figures are +12.27% and +13.27% respectively. Across the full 19-year window we track, IVV has the edge at +7.04% annualized vs +1.32%. 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 GCC. 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 -63.2% for GCC 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GCC charges 0.57% per year while IVV charges 0.03%. On a $10,000 position that is $57 vs $3 annually, a gap of $54 per year that compounds over a long holding period. On income, GCC currently yields 6.21% against 1.09% for IVV.
Holdings Overlap
GCC and IVV share 0 holdings out of 507 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, GCC or IVV?
GCC has an expense ratio of 0.57% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $54 per year of difference.
Which performed better, GCC or IVV?
Over the past year GCC returned +33.45% vs +21.64% for IVV, so GCC leads on 1-year performance. Over the longest common window we track (19 years), GCC annualized +1.32% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, GCC or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 15.0% for GCC. Worst drawdown: GCC -63.2% vs IVV -56.5%.
Should I hold both GCC and IVV?
GCC and IVV have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GCC and IVV?
GCC and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, GCC or IVV?
GCC yields 6.21% while IVV yields 1.09%, so GCC currently pays the higher dividend yield.
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