GGRW vs IVV
Gabelli Growth Innovators ETF vs iShares Core S&P 500 ETF
Quick Verdict
GGRW has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | GGRW | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.00% | 0.03% | |
| AUM | $9M | $907.0B | |
| Dividend Yield | 0.41% | 1.10% | |
| Holdings | 42 | 508 | |
| YTD Return | +6.09% | +12.76% | |
| 1Y Return | +10.28% | +20.63% | |
| 3Y Return (annualized) | +25.58% | +21.71% | |
| 5Y Return (annualized) | +7.15% | +12.87% | |
| Volatility (annualized) | 21.6% | 15.1% | |
| Max Drawdown | -50.3% | -56.5% | |
| Fund Family | Gabelli Funds | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Feb 16, 2021 | May 15, 2000 |
GGRW vs IVV Performance
Gabelli Growth Innovators ETF (GGRW) is a ETF from Gabelli Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GGRW returned +10.28% while IVV returned +20.63%. Year to date, GGRW is up 6.09% versus a gain of 12.76% for IVV.
Over three years, GGRW compounded at +25.58% per year against +21.71% for IVV; over five years the annualized figures are +7.15% and +12.87% respectively. Across the full 6-year window we track, GGRW has the edge at +7.56% annualized vs +6.99%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGRW has been the more volatile fund, with annualized monthly volatility of 21.6% 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 -50.3% for GGRW 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GGRW charges 0.00% per year while IVV charges 0.03%. On a $10,000 position that is $0 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, GGRW currently yields 0.41% against 1.10% for IVV.
Holdings Overlap
GGRW and IVV share 38 holdings out of 509 unique holdings combined, representing a 39.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GGRW or IVV?
GGRW has an expense ratio of 0.00% while IVV charges 0.03%. GGRW is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, GGRW or IVV?
Over the past year GGRW returned +10.28% vs +20.63% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), GGRW annualized +7.56% vs +6.99% for IVV. Past performance does not guarantee future results.
Which is riskier, GGRW or IVV?
GGRW has been the more volatile fund at 21.6% annualized versus 15.1% for IVV. Worst drawdown: GGRW -50.3% vs IVV -56.5%.
Should I hold both GGRW and IVV?
GGRW and IVV have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GGRW and IVV?
GGRW and IVV share 38 common holdings with a 39.1% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, GGRW or IVV?
GGRW yields 0.41% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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