GDOC vs IVV
Goldman Sachs Future Health Care Equity 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 505 holdings.
Side-by-Side Comparison
| Metric | GDOC | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.03% | |
| AUM | $19M | $865.2B | |
| Dividend Yield | 0.31% | 1.09% | |
| Holdings | 46 | 508 | |
| YTD Return | +5.36% | +13.80% | |
| 1Y Return | +22.19% | +23.01% | |
| 3Y Return (annualized) | +5.35% | +21.77% | |
| 5Y Return (annualized) | - | +13.39% | |
| Volatility (annualized) | 17.8% | 15.1% | |
| Max Drawdown | -31.0% | -56.5% | |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 9, 2021 | May 15, 2000 |
GDOC vs IVV Performance
Goldman Sachs Future Health Care Equity ETF (GDOC) is a ETF from Goldman Sachs Asset Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GDOC returned +22.19% while IVV returned +23.01%. Year to date, GDOC is up 5.36% versus a gain of 13.80% for IVV.
Over three years, GDOC compounded at +5.35% per year against +21.77% for IVV. Across the full 5-year window we track, IVV has the edge at +7.04% annualized vs -0.70%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDOC has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 15.1% for IVV. 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 -31.0% for GDOC 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GDOC 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, GDOC currently yields 0.31% against 1.09% for IVV.
Holdings Overlap
GDOC and IVV share 14 holdings out of 531 unique holdings combined, representing a 4.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GDOC or IVV?
GDOC has an expense ratio of 0.75% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, GDOC or IVV?
Over the past year GDOC returned +22.19% vs +23.01% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (5 years), GDOC annualized -0.70% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, GDOC or IVV?
GDOC has been the more volatile fund at 17.8% annualized versus 15.1% for IVV. Worst drawdown: GDOC -31.0% vs IVV -56.5%.
Should I hold both GDOC and IVV?
GDOC and IVV have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GDOC and IVV?
GDOC and IVV share 14 common holdings with a 4.6% weight overlap. Combined, they hold 531 unique securities.
Which pays a higher dividend, GDOC or IVV?
GDOC yields 0.31% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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