GSEE vs IVV
Goldman Sachs MarketBeta Emerging Markets Equity ETF vs iShares Core S&P 500 ETF
Which is better, GSEE or IVV?
Each has led over a different period.
IVV has a lower expense ratio. GSEE led over 1Y, IVV over 3Y, 5Y and the full window.
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 | GSEE | IVV |
|---|---|---|
| Expense Ratio | 0.36% | 0.03%Best |
| AUM | $139M | $876.4B |
| Dividend Yield | 2.05% | 1.06% |
| Holdings | 1,893 | 508 |
| YTD Return | +20.81%Best | +12.51% |
| 1Y Return | +27.72%Best | +17.57% |
| 3Y Return (annualized) | +21.25% | +21.27%Best |
| 5Y Return (annualized) | +7.59% | +12.95%Best |
| Volatility (annualized) | 16.4% | 15.4%Best |
| Max Drawdown | -37.5% | -24.5%Best |
| $10,000 over 5 years | $14,416 | $18,384Best |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 12, 2020 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 15, 2020 to Sep 11, 2026 (6.3 years).
GSEE 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 6.3 years both funds cover.
GSEE vs IVV Performance
Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an ETF from Goldman Sachs Asset Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GSEE returned +27.72% while IVV returned +17.57%. Year to date, GSEE is up 20.81% versus a gain of 12.51% for IVV.
Over three years, GSEE compounded at +21.25% per year against +21.27% for IVV; over five years the annualized figures are +7.59% and +12.95% respectively. Across the full 6-year window we track, IVV has the edge at +18.25% annualized vs +12.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSEE has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 15.4% 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 -37.5% for GSEE and -24.5% 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GSEE charges 0.36% per year while IVV charges 0.03%. On a $10,000 position that is $36 vs $3 annually, a gap of $33 per year that compounds over a long holding period. On income, GSEE currently yields 2.05% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1,219 holdings in GSEE and 505 in IVV, totalling 92.1% and 100.0% of the two funds. That is not enough of GSEE to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1,219 positions we hold weights for in GSEE and 505 in IVV, against full books of 1,893 and 508.
Top Shared Holdings
| Stock | Weight in GSEE | Weight in IVV | Difference |
|---|---|---|---|
| HAL:MBHindustan Aeronautics Ltd | 0.07% | 0.04% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of GSEE and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GSEE or IVV?
GSEE has an expense ratio of 0.36% while IVV charges 0.03%. IVV is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, GSEE or IVV?
Over the past year GSEE returned +27.72% vs +17.57% for IVV, so GSEE leads on 1-year performance. Over the longest common window we track (6 years), GSEE annualized +12.56% vs +18.25% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSEE or IVV?
GSEE has been the more volatile fund at 16.4% annualized versus 15.4% for IVV. Worst drawdown: GSEE -37.5% vs IVV -24.5%.
Should I hold both GSEE and IVV?
GSEE and IVV have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GSEE or IVV?
GSEE yields 2.05% while IVV yields 1.06%, so GSEE currently pays the higher dividend yield.
Is IVV better than GSEE?
IVV has a lower expense ratio. GSEE led over 1Y, IVV over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.