GSSC vs IVV
Goldman Sachs ActiveBeta US Small Cap Equity ETF vs iShares Core S&P 500 ETF
Which is better, GSSC or IVV?
Small Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. GSSC led over 1Y, IVV over 3Y, 5Y and the full window. GSSC is less concentrated, with 4.8% of the fund in its ten largest positions against 38.1%.
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 | GSSC | IVV |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $1.0B | $882.6B |
| Dividend Yield | 1.05% | 1.06% |
| Holdings | 2,826 | 508 |
| YTD Return | +15.42%Best | +13.60% |
| 1Y Return | +16.83%Best | +16.32% |
| 3Y Return (annualized) | +18.26% | +23.81%Best |
| 5Y Return (annualized) | +7.59% | +14.03%Best |
| Volatility (annualized) | 19.5% | 15.9%Best |
| Max Drawdown | -42.5% | -33.9%Best |
| $10,000 over 5 years | $14,416 | $19,279Best |
| Top 10 Weight | 4.8%Best | 38.1% |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Jun 28, 2017 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2017 to Oct 2, 2026 (9.3 years).
GSSC 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 9.3 years both funds cover.
GSSC vs IVV Performance
Goldman Sachs ActiveBeta US Small Cap Equity ETF (GSSC) 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 GSSC returned +16.83% while IVV returned +16.32%. Year to date, GSSC is up 15.42% versus a gain of 13.60% for IVV.
Over three years, GSSC compounded at +18.26% per year against +23.81% for IVV; over five years the annualized figures are +7.59% and +14.03% respectively. Across the full 9-year window we track, IVV has the edge at +14.29% annualized vs +9.46%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSSC has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 15.9% 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 -42.5% for GSSC and -33.9% 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GSSC charges 0.20% per year while IVV charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, GSSC currently yields 1.05% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1,409 holdings in GSSC and 505 in IVV, totalling 98.3% and 99.9% of the two funds. That is not enough of IVV 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 1,409 positions we hold weights for in GSSC and 505 in IVV, against full books of 2,826 and 508.
What only one of them owns
Our book lists 496 positions for IVV that do not appear in our book for GSSC (99.2% of the fund), and 1,340 for GSSC that do not appear in IVV (94.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GSSC | Weight in IVV | Difference |
|---|---|---|---|
| AOSAo Smith Corp. | 0.04% | 0.01% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of GSSC 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, GSSC or IVV?
GSSC has an expense ratio of 0.20% while IVV charges 0.03%. IVV is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, GSSC or IVV?
Over the past year GSSC returned +16.83% vs +16.32% for IVV, so GSSC leads on 1-year performance. Over the longest common window we track (9 years), GSSC annualized +9.46% vs +14.29% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSSC or IVV?
GSSC has been the more volatile fund at 19.5% annualized versus 15.9% for IVV. Worst drawdown: GSSC -42.5% vs IVV -33.9%.
Should I hold both GSSC and IVV?
GSSC and IVV have a monthly-return correlation of 0.83, 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, GSSC or IVV?
GSSC yields 1.05% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than GSSC?
IVV has a lower expense ratio. GSSC led over 1Y, IVV over 3Y, 5Y and the full window. GSSC is less concentrated, with 4.8% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.