GNT vs IVV
GAMCO Natural Resources Gold & Income Trust vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. GNT delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GNT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.18% | 0.03% | |
| AUM | $163M | $865.2B | |
| Dividend Yield | 7.95% | 1.09% | |
| Holdings | 281 | 508 | |
| YTD Return | +23.59% | +14.50% | |
| 1Y Return | +45.62% | +22.02% | |
| 3Y Return (annualized) | +28.38% | +21.80% | |
| 5Y Return (annualized) | +18.76% | +13.37% | |
| Volatility (annualized) | 22.4% | 15.1% | |
| Max Drawdown | -88.1% | -56.5% | |
| Fund Family | Gabelli Funds | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jan 27, 2011 | May 15, 2000 |
GNT vs IVV Performance
GAMCO Natural Resources Gold & Income Trust (GNT) is a ETF from Gabelli Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GNT returned +45.62% while IVV returned +22.02%. Year to date, GNT is up 23.59% versus a gain of 14.50% for IVV.
Over three years, GNT compounded at +28.38% per year against +21.80% for IVV; over five years the annualized figures are +18.76% and +13.37% respectively. Across the full 16-year window we track, IVV has the edge at +7.07% annualized vs -2.71%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GNT has been the more volatile fund, with annualized monthly volatility of 22.4% compared with 15.1% 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 -88.1% for GNT 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GNT charges 1.18% per year while IVV charges 0.03%. On a $10,000 position that is $118 vs $3 annually, a gap of $115 per year that compounds over a long holding period. On income, GNT currently yields 7.95% against 1.09% for IVV.
Holdings Overlap
GNT and IVV share 29 holdings out of 564 unique holdings combined, representing a 4.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GNT or IVV?
GNT has an expense ratio of 1.18% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $115 per year of difference.
Which performed better, GNT or IVV?
Over the past year GNT returned +45.62% vs +22.02% for IVV, so GNT leads on 1-year performance. Over the longest common window we track (16 years), GNT annualized -2.71% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, GNT or IVV?
GNT has been the more volatile fund at 22.4% annualized versus 15.1% for IVV. Worst drawdown: GNT -88.1% vs IVV -56.5%.
Should I hold both GNT and IVV?
GNT and IVV have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GNT and IVV?
GNT and IVV share 29 common holdings with a 4.0% weight overlap. Combined, they hold 564 unique securities.
Which pays a higher dividend, GNT or IVV?
GNT yields 7.95% while IVV yields 1.09%, so GNT currently pays the higher dividend yield.
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