GQGU vs IVV
GQG US Equity ETF vs iShares Core S&P 500 ETF
Which is better, GQGU or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 55.6%.
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 | GQGU | IVV |
|---|---|---|
| Expense Ratio | 0.49% | 0.03%Best |
| AUM | $634M | $876.4B |
| Dividend Yield | 0.96% | 1.06% |
| Holdings | 44 | 508 |
| YTD Return | +4.69% | +12.01%Best |
| 1Y Return | +3.91% | +16.48%Best |
| 3Y Return (annualized) | - | +21.21% |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 12.1%Best | 12.5% |
| Max Drawdown | -8.4%Best | -8.9% |
| $10,000 over 1.2 years | $10,350 | $12,392Best |
| Top 10 Weight | 55.6% | 37.8%Best |
| Fund Family | GQG Partners LLC | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jul 31, 2019 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 14, 2025 to Sep 14, 2026 (1.2 years).
GQGU 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 1.2 years both funds cover.
GQGU vs IVV Performance
GQG US Equity ETF (GQGU) is an ETF from GQG Partners LLC and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GQGU returned +3.91% while IVV returned +16.48%. Year to date, GQGU is up 4.69% versus a gain of 12.01% 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 12.5% compared with 12.1% for GQGU. 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 -8.4% for GQGU and -8.9% 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 -0.11. They move largely independently of each other.
Fees and Cost Over Time
GQGU charges 0.49% per year while IVV charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, GQGU currently yields 0.96% against 1.06% for IVV.
Holdings Overlap
91.3% of GQGU's money is in holdings IVV also owns. 41.5% of IVV's money is in holdings GQGU also owns.
Most of GQGU is already inside IVV. Owning both mostly buys the same companies twice.
32 positions in common, counted across the 39 positions we hold weights for in GQGU and 490 in IVV, against full books of 44 and 508.
What only one of them owns
Our book lists 450 positions for IVV that do not appear in our book for GQGU (57.1% of the fund), and 4 for GQGU that do not appear in IVV (4.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GQGU | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.80% | 8.07% | 1.73% |
| MSFTMicrosoft Corp | 8.07% | 5.69% | 2.38% |
| AAPLApple, Inc | 5.39% | 7.02% | 1.63% |
| AMZNAmazon.Com Inc | 6.89% | 3.84% | 3.05% |
| GOOGAlphabet Inc | 6.95% | 2.39% | 4.56% |
| MUMicron Technology, Inc. | 4.35% | 1.63% | 2.72% |
| AVGOBroadcom Inc | 2.62% | 2.65% | 0.03% |
| DELLDell Technologies Inc | 4.22% | 0.20% | 4.02% |
| LRCXLrcx Uw Equity | 3.46% | 0.57% | 2.89% |
| UNPUnion Pacific Corp | 3.43% | 0.27% | 3.16% |
91.3% of GQGU is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GQGU or IVV?
GQGU has an expense ratio of 0.49% while IVV charges 0.03%. IVV is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, GQGU or IVV?
Over the past year GQGU returned +3.91% vs +16.48% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), GQGU annualized +2.91% vs +19.57% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GQGU or IVV?
IVV has been the more volatile fund at 12.5% annualized versus 12.1% for GQGU. Worst drawdown: GQGU -8.4% vs IVV -8.9%.
Should I hold both GQGU and IVV?
GQGU and IVV have a monthly-return correlation of -0.11, 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 GQGU and IVV?
91.3% of GQGU's money is in holdings IVV also owns. 41.5% of IVV's is in holdings GQGU also owns. They hold 32 positions in common, counted across the 39 positions we hold weights for in GQGU and 490 in IVV.
Which pays a higher dividend, GQGU or IVV?
GQGU yields 0.96% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than GQGU?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 55.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.