GII vs IVV
State Street SPDR S&P Global Infrastructure 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 508 holdings.
Side-by-Side Comparison
| Metric | GII | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.03% | |
| AUM | $930M | $907.0B | |
| Dividend Yield | 2.66% | 1.10% | |
| Holdings | 88 | 508 | |
| YTD Return | +6.80% | +12.71% | |
| 1Y Return | +9.91% | +21.89% | |
| 3Y Return (annualized) | +17.06% | +22.08% | |
| 5Y Return (annualized) | +10.39% | +12.96% | |
| Volatility (annualized) | 15.0% | 15.1% | |
| Max Drawdown | -53.6% | -56.5% | |
| Fund Family | SPDR State Street Global Advisors | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jan 25, 2007 | May 15, 2000 |
GII vs IVV Performance
State Street SPDR S&P Global Infrastructure ETF (GII) is a ETF from SPDR State Street Global Advisors and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GII returned +9.91% while IVV returned +21.89%. Year to date, GII is up 6.80% versus a gain of 12.71% for IVV.
Over three years, GII compounded at +17.06% per year against +22.08% for IVV; over five years the annualized figures are +10.39% and +12.96% respectively. Across the full 20-year window we track, IVV has the edge at +7.00% annualized vs +2.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 15.0% for GII. 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 -53.6% for GII 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GII charges 0.40% per year while IVV charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, GII currently yields 2.66% against 1.10% for IVV.
Holdings Overlap
GII and IVV share 18 holdings out of 563 unique holdings combined, representing a 2.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GII or IVV?
GII has an expense ratio of 0.40% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, GII or IVV?
Over the past year GII returned +9.91% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (20 years), GII annualized +2.84% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, GII or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 15.0% for GII. Worst drawdown: GII -53.6% vs IVV -56.5%.
Should I hold both GII and IVV?
GII and IVV have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GII and IVV?
GII and IVV share 18 common holdings with a 2.0% weight overlap. Combined, they hold 563 unique securities.
Which pays a higher dividend, GII or IVV?
GII yields 2.66% while IVV yields 1.10%, so GII currently pays the higher dividend yield.
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