GMOI vs IVV
GMO International Value ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. GMOI delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | GMOI | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.03% | |
| AUM | $658M | $907.0B | |
| Dividend Yield | 2.64% | 1.10% | |
| Holdings | 163 | 508 | |
| YTD Return | +21.04% | +12.96% | |
| 1Y Return | +37.10% | +20.70% | |
| 3Y Return (annualized) | - | +22.10% | |
| 5Y Return (annualized) | - | +13.40% | |
| Volatility (annualized) | 10.9% | 15.1% | |
| Max Drawdown | -14.7% | -56.5% | |
| Fund Family | GMO | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 28, 2024 | May 15, 2000 |
GMOI vs IVV Performance
GMO International Value ETF (GMOI) is a ETF from GMO and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GMOI returned +37.10% while IVV returned +20.70%. Year to date, GMOI is up 21.04% versus a gain of 12.96% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 10.9% for GMOI. 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 -14.7% for GMOI 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 0.22. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GMOI charges 0.60% per year while IVV charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, GMOI currently yields 2.64% against 1.10% for IVV.
Holdings Overlap
GMOI and IVV share 0 holdings out of 683 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GMOI or IVV?
GMOI has an expense ratio of 0.60% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, GMOI or IVV?
Over the past year GMOI returned +37.10% vs +20.70% for IVV, so GMOI leads on 1-year performance. Over the longest common window we track (2 years), GMOI annualized +34.34% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, GMOI or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 10.9% for GMOI. Worst drawdown: GMOI -14.7% vs IVV -56.5%.
Should I hold both GMOI and IVV?
GMOI and IVV have a monthly-return correlation of 0.22, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GMOI and IVV?
GMOI and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 683 unique securities.
Which pays a higher dividend, GMOI or IVV?
GMOI yields 2.64% while IVV yields 1.10%, so GMOI currently pays the higher dividend yield.
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