GQI vs IVV
Natixis Gateway Quality Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | GQI | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.34% | 0.03% | |
| AUM | $275M | $907.0B | |
| Dividend Yield | 8.59% | 1.10% | |
| Holdings | 110 | 508 | |
| YTD Return | +12.02% | +12.71% | |
| 1Y Return | +21.67% | +21.89% | |
| 3Y Return (annualized) | - | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 9.0% | 15.1% | |
| Max Drawdown | -16.6% | -56.5% | |
| Fund Family | Natixis Funds | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Dec 13, 2023 | May 15, 2000 |
GQI vs IVV Performance
Natixis Gateway Quality Income ETF (GQI) is a ETF from Natixis Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GQI returned +21.67% while IVV returned +21.89%. Year to date, GQI is up 12.02% versus a gain of 12.71% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.0% 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 -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 0.96. 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 8.59% against 1.10% for IVV.
Holdings Overlap
GQI and IVV share 101 holdings out of 511 unique holdings combined, representing a 46.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $31 per year of difference.
Which performed better, GQI or IVV?
Over the past year GQI returned +21.67% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), GQI annualized +16.38% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, GQI or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 9.0% for GQI. Worst drawdown: GQI -16.6% vs IVV -56.5%.
Should I hold both GQI and IVV?
GQI and IVV have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between GQI and IVV?
GQI and IVV share 101 common holdings with a 46.9% weight overlap. Combined, they hold 511 unique securities.
Which pays a higher dividend, GQI or IVV?
GQI yields 8.59% while IVV yields 1.10%, so GQI currently pays the higher dividend yield.
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