GRIN vs IVV
VictoryShares International Free Cash Flow Growth ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. GRIN delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | GRIN | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.56% | 0.03% | |
| AUM | $339M | $907.0B | |
| Dividend Yield | 0.53% | 1.10% | |
| Holdings | 104 | 508 | |
| YTD Return | +20.59% | +12.96% | |
| 1Y Return | +28.49% | +20.70% | |
| 3Y Return (annualized) | - | +22.10% | |
| 5Y Return (annualized) | - | +13.40% | |
| Volatility (annualized) | 19.5% | 15.1% | |
| Max Drawdown | -14.3% | -56.5% | |
| Fund Family | Victory Capital Management Inc. | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 25, 2025 | May 15, 2000 |
GRIN vs IVV Performance
VictoryShares International Free Cash Flow Growth ETF (GRIN) is a ETF from Victory Capital Management Inc. and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GRIN returned +28.49% while IVV returned +20.70%. Year to date, GRIN is up 20.59% versus a gain of 12.96% for IVV.
Risk: Volatility and Drawdowns
GRIN has been the more volatile fund, with annualized monthly volatility of 19.5% 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 -14.3% for GRIN 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GRIN charges 0.56% per year while IVV charges 0.03%. On a $10,000 position that is $56 vs $3 annually, a gap of $53 per year that compounds over a long holding period. On income, GRIN currently yields 0.53% against 1.10% for IVV.
Holdings Overlap
GRIN and IVV share 1 holdings out of 604 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GRIN | Weight in IVV | Difference |
|---|---|---|---|
| ICE | 1.65% | 0.12% | 1.53% |
Frequently Asked Questions
Which is cheaper, GRIN or IVV?
GRIN has an expense ratio of 0.56% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
Which performed better, GRIN or IVV?
Over the past year GRIN returned +28.49% vs +20.70% for IVV, so GRIN leads on 1-year performance. Over the longest common window we track (1 years), GRIN annualized +28.10% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, GRIN or IVV?
GRIN has been the more volatile fund at 19.5% annualized versus 15.1% for IVV. Worst drawdown: GRIN -14.3% vs IVV -56.5%.
Should I hold both GRIN and IVV?
GRIN and IVV have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GRIN and IVV?
GRIN and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 604 unique securities.
Which pays a higher dividend, GRIN or IVV?
GRIN yields 0.53% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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