GPRF vs IVV
Goldman Sachs Access US Preferred Stock and Hybrid Securities ETF vs iShares Core S&P 500 ETF
Which is better, GPRF or IVV?
Multi Alternative 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 | GPRF | IVV |
|---|---|---|
| Expense Ratio | 0.45% | 0.03%Best |
| AUM | $145M | $876.4B |
| Dividend Yield | 5.67% | 1.06% |
| Holdings | 510 | 508 |
| YTD Return | -0.03% | +14.14%Best |
| 1Y Return | -0.16% | +17.30%Best |
| 3Y Return (annualized) | - | +23.04% |
| 5Y Return (annualized) | - | +13.63% |
| Volatility (annualized) | 3.9%Best | 12.3% |
| Max Drawdown | -4.2%Best | -18.8% |
| $10,000 over 2.1 years | $10,922 | $14,529Best |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jul 30, 2024 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 1, 2024 to Sep 22, 2026 (2.1 years).
GPRF 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 2.1 years both funds cover.
GPRF vs IVV Performance
Goldman Sachs Access US Preferred Stock and Hybrid Securities ETF (GPRF) is an ETF from Goldman Sachs Asset Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GPRF returned -0.16% while IVV returned +17.30%. Year to date, GPRF is down 0.03% versus a gain of 14.14% 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 12.3% compared with 3.9% for GPRF. 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 -4.2% for GPRF 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GPRF charges 0.45% per year while IVV charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, GPRF currently yields 5.67% against 1.06% for IVV.
Holdings Overlap
At least 3.9% of IVV's money is in holdings GPRF also owns.
Stated as a floor: for GPRF, our book for it covers 81.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
IVV and GPRF share little of their money.
20 positions in common, counted across the 434 positions we hold weights for in GPRF and 490 in IVV, against full books of 510 and 508.
Top Shared Holdings
| Stock | Weight in GPRF | Weight in IVV | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 0.85% | 1.44% | 0.59% |
| NEENextera Energy Inc | 0.56% | 0.26% | 0.30% |
| SCHWSchwab Strategic T | 0.42% | 0.27% | 0.15% |
| CCitigroup Inc 6.875 11/73 6.88 2173-11-15 | 0.32% | 0.34% | 0.02% |
| TBBAt&t Inc | 0.31% | 0.27% | 0.04% |
| COFCapital One Financial Corp. | 0.26% | 0.20% | 0.06% |
| GMGeneral Motors Financial Co Inc | 0.32% | 0.12% | 0.20% |
| USBUs Bancorp | 0.24% | 0.14% | 0.10% |
| XELXcel Energy Inc. | 0.29% | 0.07% | 0.22% |
| CNPCenterpoint Energy Inc. | 0.29% | 0.04% | 0.25% |
You are not choosing between two funds in isolation.
Whichever of GPRF 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, GPRF or IVV?
GPRF has an expense ratio of 0.45% while IVV charges 0.03%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, GPRF or IVV?
Over the past year GPRF returned -0.16% vs +17.30% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), GPRF annualized +4.29% vs +19.47% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPRF or IVV?
IVV has been the more volatile fund at 12.3% annualized versus 3.9% for GPRF. Worst drawdown: GPRF -4.2% vs IVV -18.8%.
Should I hold both GPRF and IVV?
GPRF and IVV have a monthly-return correlation of 0.74, 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 GPRF and IVV?
At least 3.9% of IVV's money is in holdings GPRF also owns. Our book for GPRF is partial, so the real figure is this or higher. They hold 20 positions in common, counted across the 434 positions we hold weights for in GPRF and 490 in IVV.
Which pays a higher dividend, GPRF or IVV?
GPRF yields 5.67% while IVV yields 1.06%, so GPRF currently pays the higher dividend yield.
Is IVV better than GPRF?
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.