GTEK vs IVV
Goldman Sachs Future Tech Leaders Equity ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. GTEK delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GTEK | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.03% | |
| AUM | $227M | $865.2B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 69 | 508 | |
| YTD Return | +46.51% | +13.72% | |
| 1Y Return | +66.25% | +21.64% | |
| 3Y Return (annualized) | +33.65% | +21.55% | |
| 5Y Return (annualized) | +8.14% | +13.27% | |
| Volatility (annualized) | 27.6% | 15.1% | |
| Max Drawdown | -53.8% | -56.5% | |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 14, 2021 | May 15, 2000 |
GTEK vs IVV Performance
Goldman Sachs Future Tech Leaders Equity ETF (GTEK) 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 GTEK returned +66.25% while IVV returned +21.64%. Year to date, GTEK is up 46.51% versus a gain of 13.72% for IVV.
Over three years, GTEK compounded at +33.65% per year against +21.55% for IVV; over five years the annualized figures are +8.14% and +13.27% respectively. Across the full 5-year window we track, GTEK has the edge at +8.14% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GTEK has been the more volatile fund, with annualized monthly volatility of 27.6% 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 -53.8% for GTEK 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GTEK charges 0.75% per year while IVV charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, GTEK currently yields 0.00% against 1.09% for IVV.
Holdings Overlap
GTEK and IVV share 19 holdings out of 546 unique holdings combined, representing a 3.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GTEK or IVV?
GTEK has an expense ratio of 0.75% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, GTEK or IVV?
Over the past year GTEK returned +66.25% vs +21.64% for IVV, so GTEK leads on 1-year performance. Over the longest common window we track (5 years), GTEK annualized +8.14% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, GTEK or IVV?
GTEK has been the more volatile fund at 27.6% annualized versus 15.1% for IVV. Worst drawdown: GTEK -53.8% vs IVV -56.5%.
Should I hold both GTEK and IVV?
GTEK and IVV have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GTEK and IVV?
GTEK and IVV share 19 common holdings with a 3.1% weight overlap. Combined, they hold 546 unique securities.
Which pays a higher dividend, GTEK or IVV?
GTEK yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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