GINX vs IVV
SGI Enhanced Global Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. GINX delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | GINX | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.02% | 0.03% | |
| AUM | $105M | $907.0B | |
| Dividend Yield | 4.15% | 1.10% | |
| Holdings | 160 | 508 | |
| YTD Return | +17.41% | +14.29% | |
| 1Y Return | +33.01% | +21.79% | |
| 3Y Return (annualized) | - | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 9.6% | 15.1% | |
| Max Drawdown | -12.5% | -56.5% | |
| Fund Family | Summit Global Investments | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Feb 29, 2024 | May 15, 2000 |
GINX vs IVV Performance
SGI Enhanced Global Income ETF (GINX) is a ETF from Summit Global Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GINX returned +33.01% while IVV returned +21.79%. Year to date, GINX is up 17.41% versus a gain of 14.29% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.6% for GINX. 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 -12.5% for GINX 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GINX charges 1.02% per year while IVV charges 0.03%. On a $10,000 position that is $102 vs $3 annually, a gap of $99 per year that compounds over a long holding period. On income, GINX currently yields 4.15% against 1.10% for IVV.
Holdings Overlap
GINX and IVV share 44 holdings out of 595 unique holdings combined, representing a 12.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GINX or IVV?
GINX has an expense ratio of 1.02% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $99 per year of difference.
Which performed better, GINX or IVV?
Over the past year GINX returned +33.01% vs +21.79% for IVV, so GINX leads on 1-year performance. Over the longest common window we track (3 years), GINX annualized +21.54% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, GINX or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 9.6% for GINX. Worst drawdown: GINX -12.5% vs IVV -56.5%.
Should I hold both GINX and IVV?
GINX and IVV have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GINX and IVV?
GINX and IVV share 44 common holdings with a 12.5% weight overlap. Combined, they hold 595 unique securities.
Which pays a higher dividend, GINX or IVV?
GINX yields 4.15% while IVV yields 1.10%, so GINX currently pays the higher dividend yield.
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