GDMA vs IVV
Gadsden Dynamic Multi-Asset ETF vs iShares Core S&P 500 ETF
Which is better, GDMA or IVV?
Allocation/Balanced against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 68.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GDMA | IVV |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $196M | $876.4B |
| Dividend Yield | 2.54% | 1.06% |
| Holdings | 21 | 508 |
| YTD Return | +6.05% | +11.03%Best |
| 1Y Return | +8.62% | +15.62%Best |
| 3Y Return (annualized) | +13.78% | +20.81%Best |
| 5Y Return (annualized) | +7.30% | +12.61%Best |
| Volatility (annualized) | 10.0%Best | 16.8% |
| Max Drawdown | -16.7%Best | -33.9% |
| $10,000 over 5 years | $14,223 | $18,109Best |
| Top 10 Weight | 68.1% | 37.8%Best |
| Fund Family | Gadsden Funds | iShares by BlackRock (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Nov 14, 2018 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Nov 15, 2018 to Sep 16, 2026 (7.8 years).
GDMA vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.8 years both funds cover.
GDMA vs IVV Performance
Gadsden Dynamic Multi-Asset ETF (GDMA) is an ETF from Gadsden Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GDMA returned +8.62% while IVV returned +15.62%. Year to date, GDMA is up 6.05% versus a gain of 11.03% for IVV.
Over three years, GDMA compounded at +13.78% per year against +20.81% for IVV; over five years the annualized figures are +7.30% and +12.61% respectively. Across the full 8-year window we track, IVV has the edge at +14.93% annualized vs +8.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 10.0% for GDMA. 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 -16.7% for GDMA and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GDMA charges 0.75% per year while IVV charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, GDMA currently yields 2.54% against 1.06% for IVV.
Holdings Overlap
6.3% of GDMA's money is in holdings IVV also owns. 3.8% of IVV's money is in holdings GDMA also owns.
GDMA and IVV share little of their money.
7 positions in common, counted across the 39 positions we hold weights for in GDMA and 490 in IVV, against full books of 21 and 508.
What only one of them owns
Our book lists 475 positions for IVV that do not appear in our book for GDMA (94.8% of the fund), and 28 for GDMA that do not appear in IVV (90.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GDMA | Weight in IVV | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 1.08% | 1.63% | 0.55% |
| PLTRPalantir Technologies Inc | 1.08% | 0.65% | 0.43% |
| AMATApplied Materials, Inc. | 0.96% | 0.55% | 0.41% |
| KLACKla Corp | 0.98% | 0.35% | 0.63% |
| DELLDell Technologies Inc | 1.03% | 0.20% | 0.83% |
| SNDKSandisk Corp/De | 0.66% | 0.35% | 0.31% |
| TERTeradyne Inc - Common | 0.48% | 0.08% | 0.40% |
You are not choosing between two funds in isolation.
Whichever of GDMA and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GDMA or IVV?
GDMA has an expense ratio of 0.75% while IVV charges 0.03%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, GDMA or IVV?
Over the past year GDMA returned +8.62% vs +15.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (8 years), GDMA annualized +8.54% vs +14.93% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDMA or IVV?
IVV has been the more volatile fund at 16.8% annualized versus 10.0% for GDMA. Worst drawdown: GDMA -16.7% vs IVV -33.9%.
Should I hold both GDMA and IVV?
GDMA and IVV have a monthly-return correlation of 0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GDMA and IVV?
6.3% of GDMA's money is in holdings IVV also owns. 3.8% of IVV's is in holdings GDMA also owns. They hold 7 positions in common, counted across the 39 positions we hold weights for in GDMA and 490 in IVV.
Which pays a higher dividend, GDMA or IVV?
GDMA yields 2.54% while IVV yields 1.06%, so GDMA currently pays the higher dividend yield.
Is IVV better than GDMA?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 68.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.