GMMA vs IVV
GammaRoad Market Navigation ETF vs iShares Core S&P 500 ETF
Which is better, GMMA or IVV?
Tactical Allocation against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | GMMA | IVV |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $7M | $876.4B |
| Dividend Yield | 3.39% | 1.06% |
| Holdings | 4 | 508 |
| YTD Return | +4.91% | +12.51%Best |
| 1Y Return | +6.94% | +17.57%Best |
| 3Y Return (annualized) | - | +21.27% |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 6.2%Best | 12.6% |
| Max Drawdown | -5.7%Best | -18.8% |
| $10,000 over 2 years | $11,436 | $13,955Best |
| Fund Family | GammaRoad | iShares by BlackRock (US) |
| Category | Allocation/Balanced | Equity |
| Style | Tactical Allocation | Large Cap Blend |
| Inception | Sep 16, 2024 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 17, 2024 to Sep 11, 2026 (2 years).
GMMA 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 years both funds cover.
GMMA vs IVV Performance
GammaRoad Market Navigation ETF (GMMA) is an ETF from GammaRoad and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GMMA returned +6.94% while IVV returned +17.57%. Year to date, GMMA is up 4.91% versus a gain of 12.51% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 6.2% for GMMA. 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 -5.7% for GMMA 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GMMA charges 0.75% per year while IVV charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, GMMA currently yields 3.39% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 3 holdings in GMMA and 505 in IVV, totalling 99.8% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 3 positions we hold weights for in GMMA and 505 in IVV, against full books of 4 and 508.
You are not choosing between two funds in isolation.
Whichever of GMMA and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GMMA or IVV?
GMMA has an expense ratio of 0.75% while IVV charges 0.03%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, GMMA or IVV?
Over the past year GMMA returned +6.94% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), GMMA annualized +6.94% vs +18.13% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GMMA or IVV?
IVV has been the more volatile fund at 12.6% annualized versus 6.2% for GMMA. Worst drawdown: GMMA -5.7% vs IVV -18.8%.
Should I hold both GMMA and IVV?
GMMA and IVV have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GMMA or IVV?
GMMA yields 3.39% while IVV yields 1.06%, so GMMA currently pays the higher dividend yield.
Is IVV better than GMMA?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.