GGRW vs IVV
Gabelli Growth Innovators ETF vs iShares Core S&P 500 ETF
Which is better, GGRW or IVV?
Large Cap Growth against Large Cap Blend.
GGRW has a lower expense ratio. GGRW led over 3Y, IVV over 1Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 48.7%.
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 | GGRW | IVV |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.03% |
| AUM | $8M | $876.4B |
| Dividend Yield | 0.40% | 1.06% |
| Holdings | 43 | 508 |
| YTD Return | +4.22% | +12.27%Best |
| 1Y Return | +4.81% | +17.04%Best |
| 3Y Return (annualized) | +24.37%Best | +21.24% |
| 5Y Return (annualized) | +6.42% | +13.08%Best |
| Volatility (annualized) | 21.5% | 15.3%Best |
| Max Drawdown | -50.3% | -24.5%Best |
| $10,000 over 5 years | $13,649 | $18,490Best |
| Top 10 Weight | 48.7% | 37.8%Best |
| Fund Family | Gabelli Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Feb 16, 2021 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Feb 16, 2021 to Sep 17, 2026 (5.6 years).
GGRW 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 5.6 years both funds cover.
GGRW vs IVV Performance
Gabelli Growth Innovators ETF (GGRW) is an ETF from Gabelli Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GGRW returned +4.81% while IVV returned +17.04%. Year to date, GGRW is up 4.22% versus a gain of 12.27% for IVV.
Over three years, GGRW compounded at +24.37% per year against +21.24% for IVV; over five years the annualized figures are +6.42% and +13.08% respectively. Across the full 6-year window we track, IVV has the edge at +14.22% annualized vs +7.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGRW has been the more volatile fund, with annualized monthly volatility of 21.5% compared with 15.3% 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 -24.5% 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 0.86. 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 0.40% against 1.06% for IVV.
Holdings Overlap
92.9% of GGRW's money is in holdings IVV also owns. 45.1% of IVV's money is in holdings GGRW also owns.
Most of GGRW is already inside IVV. Owning both mostly buys the same companies twice.
37 positions in common, counted across the 41 positions we hold weights for in GGRW and 490 in IVV, against full books of 43 and 508.
What only one of them owns
Our book lists 445 positions for IVV that do not appear in our book for GGRW (53.6% of the fund), and 3 for GGRW that do not appear in IVV (4.3%).
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 GGRW | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.98% | 8.07% | 1.91% |
| AAPLApple, Inc | 3.63% | 7.02% | 3.39% |
| MSFTMicrosoft Corp | 4.32% | 5.69% | 1.37% |
| AMZNAmazon.Com Inc | 5.96% | 3.84% | 2.12% |
| GOOGAlphabet Inc | 5.95% | 2.39% | 3.56% |
| AVGOBroadcom Inc | 3.87% | 2.65% | 1.22% |
| METAMeta Platforms Inc | 3.66% | 1.90% | 1.76% |
| LLYEli Lilly & Co. | 4.12% | 1.38% | 2.74% |
| MAMastercard Inc | 3.48% | 0.72% | 2.76% |
| GEVGE Vernova Inc. CDR (CAD Hedged) | 3.73% | 0.36% | 3.37% |
92.9% of GGRW is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $3 a year on a $10,000 investment.
Which performed better, GGRW or IVV?
Over the past year GGRW returned +4.81% vs +17.04% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), GGRW annualized +7.13% vs +14.22% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGRW or IVV?
GGRW has been the more volatile fund at 21.5% annualized versus 15.3% for IVV. Worst drawdown: GGRW -50.3% vs IVV -24.5%.
Should I hold both GGRW and IVV?
GGRW and IVV have a monthly-return correlation of 0.86, 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 GGRW and IVV?
92.9% of GGRW's money is in holdings IVV also owns. 45.1% of IVV's is in holdings GGRW also owns. They hold 37 positions in common, counted across the 41 positions we hold weights for in GGRW and 490 in IVV.
Which pays a higher dividend, GGRW or IVV?
GGRW yields 0.40% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than GGRW?
GGRW has a lower expense ratio. GGRW led over 3Y, IVV over 1Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 48.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.