GSUS vs IVV
Goldman Sachs MarketBeta US Equity 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 | GSUS | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.03% | |
| AUM | $3.1B | $865.2B | |
| Dividend Yield | 0.99% | 1.09% | |
| Holdings | 414 | 508 | |
| YTD Return | +13.66% | +14.50% | |
| 1Y Return | +20.71% | +22.02% | |
| 3Y Return (annualized) | +21.79% | +21.80% | |
| 5Y Return (annualized) | +12.83% | +13.37% | |
| Volatility (annualized) | 15.8% | 15.1% | |
| Max Drawdown | -25.6% | -56.5% | |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 12, 2020 | May 15, 2000 |
GSUS vs IVV Performance
Goldman Sachs MarketBeta US Equity ETF (GSUS) is a ETF from Goldman Sachs Asset Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GSUS returned +20.71% while IVV returned +22.02%. Year to date, GSUS is up 13.66% versus a gain of 14.50% for IVV.
Over three years, GSUS compounded at +21.79% per year against +21.80% for IVV; over five years the annualized figures are +12.83% and +13.37% respectively. Across the full 6-year window we track, GSUS has the edge at +18.91% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSUS has been the more volatile fund, with annualized monthly volatility of 15.8% 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 -25.6% for GSUS 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GSUS charges 0.07% per year while IVV charges 0.03%. On a $10,000 position that is $7 vs $3 annually, a gap of $4 per year that compounds over a long holding period. On income, GSUS currently yields 0.99% against 1.09% for IVV.
Holdings Overlap
GSUS and IVV share 377 holdings out of 541 unique holdings combined, representing a 93.6% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, GSUS or IVV?
GSUS has an expense ratio of 0.07% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, GSUS or IVV?
Over the past year GSUS returned +20.71% vs +22.02% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), GSUS annualized +18.91% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, GSUS or IVV?
GSUS has been the more volatile fund at 15.8% annualized versus 15.1% for IVV. Worst drawdown: GSUS -25.6% vs IVV -56.5%.
Should I hold both GSUS and IVV?
GSUS and IVV have a monthly-return correlation of 1.00, 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 GSUS and IVV?
GSUS and IVV share 377 common holdings with a 93.6% weight overlap. Combined, they hold 541 unique securities.
Which pays a higher dividend, GSUS or IVV?
GSUS yields 0.99% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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