IGLD vs IVV
FT Vest Gold Strategy Target Income 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 | IGLD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.03% | |
| AUM | $547M | $907.0B | |
| Dividend Yield | 21.43% | 1.10% | |
| Holdings | 5 | 508 | |
| YTD Return | -8.48% | +12.96% | |
| 1Y Return | +11.98% | +20.70% | |
| 3Y Return (annualized) | +19.94% | +22.10% | |
| 5Y Return (annualized) | +12.03% | +13.40% | |
| Volatility (annualized) | 13.7% | 15.1% | |
| Max Drawdown | -28.1% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Mar 2, 2021 | May 15, 2000 |
IGLD vs IVV Performance
FT Vest Gold Strategy Target Income ETF (IGLD) is a ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IGLD returned +11.98% while IVV returned +20.70%. Year to date, IGLD is down 8.48% versus a gain of 12.96% for IVV.
Over three years, IGLD compounded at +19.94% per year against +22.10% for IVV; over five years the annualized figures are +12.03% and +13.40% respectively. Across the full 6-year window we track, IGLD has the edge at +11.35% annualized vs +7.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.7% for IGLD. 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 -28.1% for IGLD 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 0.20. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGLD charges 0.85% per year while IVV charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, IGLD currently yields 21.43% against 1.10% for IVV.
Frequently Asked Questions
Which is cheaper, IGLD or IVV?
IGLD has an expense ratio of 0.85% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, IGLD or IVV?
Over the past year IGLD returned +11.98% vs +20.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IGLD annualized +11.35% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, IGLD or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 13.7% for IGLD. Worst drawdown: IGLD -28.1% vs IVV -56.5%.
Should I hold both IGLD and IVV?
IGLD and IVV have a monthly-return correlation of 0.20, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IGLD or IVV?
IGLD yields 21.43% while IVV yields 1.10%, so IGLD currently pays the higher dividend yield.
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