GYLD vs IVV
Arrow Dow Jones Global Yield 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 | GYLD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.03% | |
| AUM | $37M | $907.0B | |
| Dividend Yield | 7.30% | 1.10% | |
| Holdings | 155 | 508 | |
| YTD Return | +11.07% | +12.28% | |
| 1Y Return | +16.49% | +20.94% | |
| 3Y Return (annualized) | +14.94% | +21.81% | |
| 5Y Return (annualized) | +7.99% | +13.05% | |
| Volatility (annualized) | 16.4% | 15.1% | |
| Max Drawdown | -70.0% | -56.5% | |
| Fund Family | Arrow Investment Trust | iShares by BlackRock (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | May 8, 2012 | May 15, 2000 |
GYLD vs IVV Performance
Arrow Dow Jones Global Yield ETF (GYLD) is a ETF from Arrow Investment Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GYLD returned +16.49% while IVV returned +20.94%. Year to date, GYLD is up 11.07% versus a gain of 12.28% for IVV.
Over three years, GYLD compounded at +14.94% per year against +21.81% for IVV; over five years the annualized figures are +7.99% and +13.05% respectively. Across the full 14-year window we track, IVV has the edge at +6.98% annualized vs -0.91%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GYLD has been the more volatile fund, with annualized monthly volatility of 16.4% 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 -70.0% for GYLD 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GYLD 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, GYLD currently yields 7.30% against 1.10% for IVV.
Holdings Overlap
GYLD and IVV share 0 holdings out of 623 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GYLD or IVV?
GYLD 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, GYLD or IVV?
Over the past year GYLD returned +16.49% vs +20.94% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (14 years), GYLD annualized -0.91% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, GYLD or IVV?
GYLD has been the more volatile fund at 16.4% annualized versus 15.1% for IVV. Worst drawdown: GYLD -70.0% vs IVV -56.5%.
Should I hold both GYLD and IVV?
GYLD and IVV have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GYLD and IVV?
GYLD and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 623 unique securities.
Which pays a higher dividend, GYLD or IVV?
GYLD yields 7.30% while IVV yields 1.10%, so GYLD currently pays the higher dividend yield.
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