GQI vs IVV
Natixis Gateway Quality Income ETF vs iShares Core S&P 500 ETF
Which is better, GQI or IVV?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. GQI led over 1Y, IVV over the full window. The two have moved almost in lockstep, correlation 0.95.
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 | GQI | IVV |
|---|---|---|
| Expense Ratio | 0.34% | 0.03%Best |
| AUM | $294M | $882.6B |
| Dividend Yield | 8.61% | 1.06% |
| Holdings | 110 | 508 |
| YTD Return | +15.17%Best | +14.35% |
| 1Y Return | +19.84%Best | +16.68% |
| 3Y Return (annualized) | - | +23.33% |
| 5Y Return (annualized) | - | +13.92% |
| Volatility (annualized) | 8.8%Best | 11.6% |
| Max Drawdown | -16.6%Best | -18.8% |
| $10,000 over 2.8 years | $15,432 | $17,069Best |
| Fund Family | Natixis Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 13, 2023 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 13, 2023 to Oct 5, 2026 (2.8 years).
GQI 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 2.8 years both funds cover.
GQI vs IVV Performance
Natixis Gateway Quality Income ETF (GQI) is an ETF from Natixis Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GQI returned +19.84% while IVV returned +16.68%. Year to date, GQI is up 15.17% versus a gain of 14.35% 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 11.6% compared with 8.8% for GQI. 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 -16.6% for GQI 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GQI charges 0.34% per year while IVV charges 0.03%. On a $10,000 position that is $34 vs $3 annually, a gap of $31 per year that compounds over a long holding period. On income, GQI currently yields 8.61% against 1.06% for IVV.
Holdings Overlap
At least 57.6% of IVV's money is in holdings GQI also owns.
Stated as a floor: for GQI, our book for it covers 89.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
105 positions in common, counted across the 118 positions we hold weights for in GQI and 505 in IVV, against full books of 110 and 508.
Top Shared Holdings
| Stock | Weight in GQI | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.31% | 8.00% | 0.31% |
| AAPLApple, Inc | 7.52% | 7.39% | 0.13% |
| MSFTMicrosoft Corp | 4.06% | 5.57% | 1.51% |
| GOOGLAlphabet Inc,class A | 5.23% | 3.00% | 2.23% |
| AMZNAmazon.Com Inc | 3.31% | 3.80% | 0.49% |
| AVGOBroadcom Inc | 2.08% | 2.59% | 0.51% |
| METAMeta Platforms Inc | 2.11% | 2.15% | 0.04% |
| MUMicron Technology, Inc. | 1.86% | 1.66% | 0.20% |
| MAMastercard Inc | 2.31% | 0.70% | 1.61% |
| LLYEli Lilly & Co. | 1.39% | 1.34% | 0.05% |
57.6% of IVV is already inside GQI.
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, GQI or IVV?
GQI has an expense ratio of 0.34% while IVV charges 0.03%. IVV is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, GQI or IVV?
Over the past year GQI returned +19.84% vs +16.68% for IVV, so GQI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GQI or IVV?
IVV has been the more volatile fund at 11.6% annualized versus 8.8% for GQI. Worst drawdown: GQI -16.6% vs IVV -18.8%.
Should I hold both GQI and IVV?
GQI and IVV have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GQI and IVV?
At least 57.6% of IVV's money is in holdings GQI also owns. Our book for GQI is partial, so the real figure is this or higher. They hold 105 positions in common, counted across the 118 positions we hold weights for in GQI and 505 in IVV.
Which pays a higher dividend, GQI or IVV?
GQI yields 8.61% while IVV yields 1.06%, so GQI currently pays the higher dividend yield.
Is IVV better than GQI?
IVV has a lower expense ratio. GQI led over 1Y, IVV over the full window. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.