GUSA vs IVV
Goldman Sachs MarketBeta US 1000 Equity ETF vs iShares Core S&P 500 ETF
Which is better, GUSA or IVV?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 1.00. GUSA is less concentrated, with 34.4% of the fund in its ten largest positions against 37.9%.
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 | GUSA | IVV |
|---|---|---|
| Expense Ratio | 0.10% | 0.03%Best |
| AUM | $2.4B | $876.4B |
| Dividend Yield | 0.99% | 1.06% |
| Holdings | 1,009 | 508 |
| YTD Return | +12.39% | +12.51%Best |
| 1Y Return | +16.82% | +17.57%Best |
| 3Y Return (annualized) | +20.71% | +21.27%Best |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 15.4% | 15.2%Best |
| Max Drawdown | -19.6% | -19.2%Best |
| $10,000 over 4.4 years | $18,033 | $18,489Best |
| Top 10 Weight | 34.4%Best | 37.9% |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 5, 2022 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Apr 12, 2022 to Sep 11, 2026 (4.4 years).
GUSA 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 4.4 years both funds cover.
GUSA vs IVV Performance
Goldman Sachs MarketBeta US 1000 Equity ETF (GUSA) 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 GUSA returned +16.82% while IVV returned +17.57%. Year to date, GUSA is up 12.39% versus a gain of 12.51% for IVV.
Over three years, GUSA compounded at +20.71% per year against +21.27% for IVV. Across the full 4-year window we track, IVV has the edge at +14.99% annualized vs +14.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GUSA has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 15.2% 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 -19.6% for GUSA and -19.2% 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GUSA charges 0.10% per year while IVV charges 0.03%. On a $10,000 position that is $10 vs $3 annually, a gap of $7 per year that compounds over a long holding period. On income, GUSA currently yields 0.99% against 1.06% for IVV.
Holdings Overlap
90.7% of GUSA's money is in holdings IVV also owns. 98.5% of IVV's money is in holdings GUSA also owns.
Most of IVV is already inside GUSA. Owning both mostly buys the same companies twice.
471 positions in common, counted across the 881 positions we hold weights for in GUSA and 505 in IVV, against full books of 1,009 and 508.
What only one of them owns
Our book lists 28 positions for IVV that do not appear in our book for GUSA (1.0% of the fund), and 349 for GUSA that do not appear in IVV (7.0%).
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 GUSA | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.30% | 7.98% | 0.68% |
| AAPLApple, Inc | 6.09% | 6.86% | 0.77% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.91% | 5.44% | 0.53% |
| AMZNAmazon.Com Inc | 3.50% | 4.01% | 0.51% |
| GOOGLAlphabet A Usd 0.001 | 2.80% | 3.19% | 0.39% |
| AVGOBroadcom Inc | 2.55% | 2.98% | 0.43% |
| GOOGAlphabet Inc | 2.42% | 2.56% | 0.14% |
| METAMeta Platforms, Inc. | 1.74% | 1.94% | 0.20% |
| MUMicron Technology, Inc. | 1.59% | 1.51% | 0.08% |
| TSLATesla Inc | 1.45% | 1.36% | 0.09% |
98.5% of IVV is already inside GUSA.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GUSA or IVV?
GUSA has an expense ratio of 0.10% while IVV charges 0.03%. IVV is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, GUSA or IVV?
Over the past year GUSA returned +16.82% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), GUSA annualized +14.34% vs +14.99% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GUSA or IVV?
GUSA has been the more volatile fund at 15.4% annualized versus 15.2% for IVV. Worst drawdown: GUSA -19.6% vs IVV -19.2%.
Should I hold both GUSA and IVV?
GUSA and IVV have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GUSA and IVV?
98.5% of IVV's money is in holdings GUSA also owns. 98.5% of IVV's is in holdings GUSA also owns. They hold 471 positions in common, counted across the 881 positions we hold weights for in GUSA and 505 in IVV.
Which pays a higher dividend, GUSA or IVV?
GUSA yields 0.99% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than GUSA?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 1.00. GUSA is less concentrated, with 34.4% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.