GQRE vs IVV
FlexShares Global Quality Real Estate Index Fund 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 | GQRE | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.03% | |
| AUM | $421M | $907.0B | |
| Dividend Yield | 4.18% | 1.10% | |
| Holdings | 197 | 508 | |
| YTD Return | +10.25% | +12.71% | |
| 1Y Return | +11.66% | +21.89% | |
| 3Y Return (annualized) | +12.26% | +22.08% | |
| 5Y Return (annualized) | +2.09% | +12.96% | |
| Volatility (annualized) | 15.6% | 15.1% | |
| Max Drawdown | -42.0% | -56.5% | |
| Fund Family | Flexshares Trust | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 5, 2013 | May 15, 2000 |
GQRE vs IVV Performance
FlexShares Global Quality Real Estate Index Fund (GQRE) is a ETF from Flexshares Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GQRE returned +11.66% while IVV returned +21.89%. Year to date, GQRE is up 10.25% versus a gain of 12.71% for IVV.
Over three years, GQRE compounded at +12.26% per year against +22.08% for IVV; over five years the annualized figures are +2.09% and +12.96% respectively. Across the full 13-year window we track, IVV has the edge at +7.00% annualized vs +3.38%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GQRE has been the more volatile fund, with annualized monthly volatility of 15.6% 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 -42.0% for GQRE 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GQRE 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, GQRE currently yields 4.18% against 1.10% for IVV.
Holdings Overlap
GQRE and IVV share 15 holdings out of 626 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GQRE or IVV?
GQRE has an expense ratio of 0.45% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, GQRE or IVV?
Over the past year GQRE returned +11.66% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (13 years), GQRE annualized +3.38% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, GQRE or IVV?
GQRE has been the more volatile fund at 15.6% annualized versus 15.1% for IVV. Worst drawdown: GQRE -42.0% vs IVV -56.5%.
Should I hold both GQRE and IVV?
GQRE and IVV have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GQRE and IVV?
GQRE and IVV share 15 common holdings with a 1.4% weight overlap. Combined, they hold 626 unique securities.
Which pays a higher dividend, GQRE or IVV?
GQRE yields 4.18% while IVV yields 1.10%, so GQRE currently pays the higher dividend yield.
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