GF vs IVV
New Germany Fund Inc. 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 | GF | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.10% | 0.03% | |
| AUM | $207M | $907.0B | |
| Dividend Yield | 2.27% | 1.10% | |
| Holdings | 53 | 508 | |
| YTD Return | +0.62% | +13.22% | |
| 1Y Return | -0.99% | +21.62% | |
| 3Y Return (annualized) | +11.10% | +22.17% | |
| 5Y Return (annualized) | -3.79% | +13.42% | |
| Volatility (annualized) | 26.8% | 15.1% | |
| Max Drawdown | -85.0% | -56.5% | |
| Fund Family | DWS ETF Trust | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jan 30, 1990 | May 15, 2000 |
GF vs IVV Performance
New Germany Fund Inc. (GF) is a ETF from DWS ETF Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GF returned -0.99% while IVV returned +21.62%. Year to date, GF is up 0.62% versus a gain of 13.22% for IVV.
Over three years, GF compounded at +11.10% per year against +22.17% for IVV; over five years the annualized figures are -3.79% and +13.42% respectively. Across the full 26-year window we track, IVV has the edge at +7.02% annualized vs +1.44%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GF has been the more volatile fund, with annualized monthly volatility of 26.8% 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 -85.0% for GF 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
GF charges 1.10% per year while IVV charges 0.03%. On a $10,000 position that is $110 vs $3 annually, a gap of $107 per year that compounds over a long holding period. On income, GF currently yields 2.27% against 1.10% for IVV.
Holdings Overlap
GF and IVV share 0 holdings out of 556 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, GF or IVV?
GF has an expense ratio of 1.10% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $107 per year of difference.
Which performed better, GF or IVV?
Over the past year GF returned -0.99% vs +21.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (26 years), GF annualized +1.44% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, GF or IVV?
GF has been the more volatile fund at 26.8% annualized versus 15.1% for IVV. Worst drawdown: GF -85.0% vs IVV -56.5%.
Should I hold both GF and IVV?
GF 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 GF and IVV?
GF and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 556 unique securities.
Which pays a higher dividend, GF or IVV?
GF yields 2.27% while IVV yields 1.10%, so GF currently pays the higher dividend yield.
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