GGUS vs IVV

GGUS vs IVV

Which is better, GGUS or IVV?

Large Cap Growth against Large Cap Blend.

IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 49.6%.

Lower Fees: IVVHigher Returns: IVVLess Concentrated: IVV

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

MetricGGUSIVV
Expense Ratio0.12%0.03%Best
AUM$478M$876.4B
Dividend Yield0.43%1.06%
Holdings362508
YTD Return+3.51%+11.03%Best
1Y Return+4.81%+15.62%Best
3Y Return (annualized)-+20.81%
5Y Return (annualized)-+12.61%
Volatility (annualized)15.2%11.9%Best
Max Drawdown-22.7%-18.8%Best
$10,000 over 2.8 years$16,568$17,148Best
Top 10 Weight49.6%37.8%Best
Fund FamilyGoldman Sachs Asset ManagementiShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Blend
InceptionNov 28, 2023May 15, 2000

Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 30, 2023 to Sep 16, 2026 (2.8 years).

GGUS 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 2.8 years both funds cover.

GGUS vs IVV Performance

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is an ETF from Goldman Sachs Asset Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GGUS returned +4.81% while IVV returned +15.62%. Year to date, GGUS is up 3.51% versus a gain of 11.03% for IVV.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GGUS has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 11.9% 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 -22.7% for GGUS and -18.8% 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

GGUS charges 0.12% per year while IVV charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, GGUS currently yields 0.43% against 1.06% for IVV.

Holdings Overlap

GGUS already in IVV92.1%
IVV already in GGUS66.1%

92.1% of GGUS's money is in holdings IVV also owns. 66.1% of IVV's money is in holdings GGUS also owns.

Most of GGUS is already inside IVV. Owning both mostly buys the same companies twice.

172 positions in common, counted across the 360 positions we hold weights for in GGUS and 490 in IVV, against full books of 362 and 508.

What only one of them owns

Our book lists 310 positions for IVV that do not appear in our book for GGUS (32.6% of the fund), and 145 for GGUS that do not appear in IVV (6.8%).

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

StockWeight in GGUSWeight in IVVDifference
NVDANvidia Corp13.28%8.07%5.21%
AAPLApple, Inc4.05%7.02%2.97%
MSFTMicrosoft Corp4.78%5.69%0.91%
GOOGLAlphabet Inc,class A5.20%3.00%2.20%
GOOGAlphabet Inc4.21%2.39%1.82%
AVGOBroadcom Inc3.83%2.65%1.18%
METAMeta Platforms Inc3.52%1.90%1.62%
MUMicron Technology, Inc.3.75%1.63%2.12%
TSLATesla Inc3.71%1.56%2.15%
LLYEli Lilly & Co.3.30%1.38%1.92%

92.1% of GGUS 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.

GGUSIVV

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, GGUS or IVV?

GGUS has an expense ratio of 0.12% while IVV charges 0.03%. IVV is the cheaper option, by $9 a year on a $10,000 investment.

Which performed better, GGUS or IVV?

Over the past year GGUS returned +4.81% vs +15.62% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, GGUS or IVV?

GGUS has been the more volatile fund at 15.2% annualized versus 11.9% for IVV. Worst drawdown: GGUS -22.7% vs IVV -18.8%.

Should I hold both GGUS and IVV?

GGUS and IVV have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

What is the holdings overlap between GGUS and IVV?

92.1% of GGUS's money is in holdings IVV also owns. 66.1% of IVV's is in holdings GGUS also owns. They hold 172 positions in common, counted across the 360 positions we hold weights for in GGUS and 490 in IVV.

Which pays a higher dividend, GGUS or IVV?

GGUS yields 0.43% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.

Is IVV better than GGUS?

IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 49.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.