GVLU vs IVV

GVLU vs IVV

Which is better, GVLU or IVV?

IVV has been ahead.

IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. GVLU is less concentrated, with 4.8% of the fund in its ten largest positions against 37.8%.

Lower Fees: IVVHigher Returns: IVVLess Concentrated: GVLU

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

MetricGVLUIVV
Expense Ratio0.50%0.03%Best
AUM$256M$876.4B
Dividend Yield5.48%1.06%
Holdings475508
YTD Return+12.49%Best+12.39%
1Y Return+16.48%+16.61%Best
3Y Return (annualized)+15.23%+21.38%Best
5Y Return (annualized)-+13.51%
Volatility (annualized)17.1%14.7%Best
Max Drawdown-20.8%-18.8%Best
$10,000 over 4.3 years$15,920$19,795Best
Top 10 Weight4.8%Best37.8%
Fund FamilyGotham ETFsiShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionJun 7, 2022May 15, 2000

Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jun 8, 2022 to Sep 18, 2026 (4.3 years).

GVLU 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 4.3 years both funds cover.

GVLU vs IVV Performance

Gotham 1000 Value ETF (GVLU) is an ETF from Gotham ETFs and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GVLU returned +16.48% while IVV returned +16.61%. Year to date, GVLU is up 12.49% versus a gain of 12.39% for IVV.

Over three years, GVLU compounded at +15.23% per year against +21.38% for IVV. Across the full 4-year window we track, IVV has the edge at +17.21% annualized vs +11.42%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GVLU has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 14.7% 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 -20.8% for GVLU and -18.8% 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 0.78. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

GVLU charges 0.50% per year while IVV charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, GVLU currently yields 5.48% against 1.06% for IVV.

Holdings Overlap

GVLU already in IVV36.5%
IVV already in GVLU16.9%

36.5% of GVLU's money is in holdings IVV also owns. 16.9% of IVV's money is in holdings GVLU also owns.

The two portfolios partly overlap.

179 positions in common, counted across the 480 positions we hold weights for in GVLU and 490 in IVV, against full books of 475 and 508.

What only one of them owns

Our book lists 305 positions for IVV that do not appear in our book for GVLU (81.8% of the fund), and 225 for GVLU that do not appear in IVV (53.1%).

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

StockWeight in GVLUWeight in IVVDifference
XOMExxon Mobil Corp.0.28%1.01%0.73%
SNDKSandisk Corp/De0.36%0.35%0.01%
NEMNewmont Corp Common0.49%0.20%0.29%
COPConocophillips Common Stock USD 0.010.45%0.24%0.21%
UNHUnitedhealth Group Incorporated0.12%0.53%0.41%
BMYBristol-Myers Squibb Co.0.38%0.21%0.17%
NFLXNetflix, Inc.0.08%0.51%0.43%
GMGeneral Motors Co0.46%0.12%0.34%
PGRProgressive Corporation0.38%0.19%0.19%
HDHome Depot Inc/The0.08%0.49%0.41%

36.5% of GVLU is already inside IVV.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

GVLUIVV

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Frequently Asked Questions

Which is cheaper, GVLU or IVV?

GVLU has an expense ratio of 0.50% while IVV charges 0.03%. IVV is the cheaper option, by $47 a year on a $10,000 investment.

Which performed better, GVLU or IVV?

Over the past year GVLU returned +16.48% vs +16.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), GVLU annualized +11.42% vs +17.21% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, GVLU or IVV?

GVLU has been the more volatile fund at 17.1% annualized versus 14.7% for IVV. Worst drawdown: GVLU -20.8% vs IVV -18.8%.

Should I hold both GVLU and IVV?

GVLU and IVV have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between GVLU and IVV?

36.5% of GVLU's money is in holdings IVV also owns. 16.9% of IVV's is in holdings GVLU also owns. They hold 179 positions in common, counted across the 480 positions we hold weights for in GVLU and 490 in IVV.

Which pays a higher dividend, GVLU or IVV?

GVLU yields 5.48% while IVV yields 1.06%, so GVLU currently pays the higher dividend yield.

Is IVV better than GVLU?

IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. GVLU is less concentrated, with 4.8% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.