GOF vs IVV
Guggenheim Strategic Opportunities Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. GOF offers more diversification with 1,635 holdings.
Side-by-Side Comparison
| Metric | GOF | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 2.44% | 0.03% | |
| AUM | $2.4B | $907.0B | |
| Dividend Yield | 20.95% | 1.10% | |
| Holdings | 1,635 | 508 | |
| YTD Return | -14.50% | +13.25% | |
| 1Y Return | -22.96% | +19.95% | |
| 3Y Return (annualized) | -1.11% | +21.26% | |
| 5Y Return (annualized) | -1.23% | +12.82% | |
| Volatility (annualized) | 17.0% | 15.1% | |
| Max Drawdown | -62.5% | -56.5% | |
| Fund Family | Guggenheim Investments | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 26, 2007 | May 15, 2000 |
GOF vs IVV Performance
Guggenheim Strategic Opportunities Fund (GOF) is a ETF from Guggenheim Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GOF returned -22.96% while IVV returned +19.95%. Year to date, GOF is down 14.50% versus a gain of 13.25% for IVV.
Over three years, GOF compounded at -1.11% per year against +21.26% for IVV; over five years the annualized figures are -1.23% and +12.82% respectively. Across the full 19-year window we track, IVV has the edge at +7.01% annualized vs +0.29%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOF has been the more volatile fund, with annualized monthly volatility of 17.0% 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 -62.5% for GOF 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GOF charges 2.44% per year while IVV charges 0.03%. On a $10,000 position that is $244 vs $3 annually, a gap of $241 per year that compounds over a long holding period. On income, GOF currently yields 20.95% against 1.10% for IVV.
Holdings Overlap
GOF and IVV share 481 holdings out of 869 unique holdings combined, representing a 1.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GOF or IVV?
GOF has an expense ratio of 2.44% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $241 per year of difference.
Which performed better, GOF or IVV?
Over the past year GOF returned -22.96% vs +19.95% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (19 years), GOF annualized +0.29% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, GOF or IVV?
GOF has been the more volatile fund at 17.0% annualized versus 15.1% for IVV. Worst drawdown: GOF -62.5% vs IVV -56.5%.
Should I hold both GOF and IVV?
GOF and IVV have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GOF and IVV?
GOF and IVV share 481 common holdings with a 1.1% weight overlap. Combined, they hold 869 unique securities.
Which pays a higher dividend, GOF or IVV?
GOF yields 20.95% while IVV yields 1.10%, so GOF currently pays the higher dividend yield.
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