GKAT vs IVV
Scharf Global Opportunity ETF vs iShares Core S&P 500 ETF
Which is better, GKAT or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 47.4%.
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 | GKAT | IVV |
|---|---|---|
| Expense Ratio | 0.59% | 0.03%Best |
| AUM | $163M | $882.6B |
| Dividend Yield | 0.62% | 1.06% |
| Holdings | 36 | 508 |
| YTD Return | +7.71% | +13.60%Best |
| 1Y Return | +10.48% | +16.32%Best |
| 3Y Return (annualized) | - | +23.81% |
| 5Y Return (annualized) | - | +14.03% |
| Volatility (annualized) | 13.8% | 12.4%Best |
| Max Drawdown | -10.4% | -8.9%Best |
| $10,000 over 1.1 years | $11,451 | $12,145Best |
| Top 10 Weight | 47.4% | 38.1%Best |
| Fund Family | Scharf Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 14, 2014 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 25, 2025 to Oct 2, 2026 (1.1 years).
GKAT 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 1.1 years both funds cover.
GKAT vs IVV Performance
Scharf Global Opportunity ETF (GKAT) is an ETF from Scharf Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GKAT returned +10.48% while IVV returned +16.32%. Year to date, GKAT is up 7.71% versus a gain of 13.60% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GKAT has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 12.4% 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 -10.4% for GKAT and -8.9% 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GKAT charges 0.59% per year while IVV charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, GKAT currently yields 0.62% against 1.06% for IVV.
Holdings Overlap
65.9% of GKAT's money is in holdings IVV also owns. 23.1% of IVV's money is in holdings GKAT also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 32 positions we hold weights for in GKAT and 505 in IVV, against full books of 36 and 508.
What only one of them owns
Our book lists 478 positions for IVV that do not appear in our book for GKAT (76.2% of the fund), and 5 for GKAT that do not appear in IVV (11.3%).
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 GKAT | Weight in IVV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.07% | 5.57% | 0.50% |
| AMZNAmazon.Com Inc | 5.67% | 3.80% | 1.87% |
| NVDANvidia Corp | 0.86% | 8.00% | 7.14% |
| METAMeta Platforms Inc | 5.02% | 2.15% | 2.87% |
| OXYOccidental Petroleum Corp. | 6.50% | 0.07% | 6.43% |
| DISWalt Disney Co | 4.05% | 0.28% | 3.77% |
| UNPUnion Pacific Corp | 4.01% | 0.26% | 3.75% |
| ADBEAdobe Systems | 4.10% | 0.15% | 3.95% |
| MCDMcdonald'S Corp | 3.93% | 0.27% | 3.66% |
| SCHWSchwab Strategic T | 3.85% | 0.27% | 3.58% |
65.9% of GKAT 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, GKAT or IVV?
GKAT has an expense ratio of 0.59% while IVV charges 0.03%. IVV is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, GKAT or IVV?
Over the past year GKAT returned +10.48% vs +16.32% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), GKAT annualized +13.11% vs +19.32% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GKAT or IVV?
GKAT has been the more volatile fund at 13.8% annualized versus 12.4% for IVV. Worst drawdown: GKAT -10.4% vs IVV -8.9%.
Should I hold both GKAT and IVV?
GKAT and IVV have a monthly-return correlation of 0.66, 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 GKAT and IVV?
65.9% of GKAT's money is in holdings IVV also owns. 23.1% of IVV's is in holdings GKAT also owns. They hold 19 positions in common, counted across the 32 positions we hold weights for in GKAT and 505 in IVV.
Which pays a higher dividend, GKAT or IVV?
GKAT yields 0.62% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than GKAT?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 47.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.