GGUS vs. IVV
Compare and contrast key facts about Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) and iShares Core S&P 500 ETF (IVV).
GGUS and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GGUS is a passively managed fund by Goldman Sachs that tracks the performance of the Russell 1000 Growth 40 Act Daily Capped Index - Benchmark TR Gross. It was launched on Nov 28, 2023. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. Both GGUS and IVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GGUS or IVV.
Correlation
The correlation between GGUS and IVV is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GGUS vs. IVV - Performance Comparison
Key characteristics
GGUS:
1.64
IVV:
1.88
GGUS:
2.21
IVV:
2.53
GGUS:
1.29
IVV:
1.34
GGUS:
2.30
IVV:
2.83
GGUS:
8.80
IVV:
11.73
GGUS:
3.04%
IVV:
2.03%
GGUS:
16.34%
IVV:
12.65%
GGUS:
-11.62%
IVV:
-55.25%
GGUS:
-0.28%
IVV:
0.00%
Returns By Period
In the year-to-date period, GGUS achieves a 4.06% return, which is significantly lower than IVV's 4.62% return.
GGUS
4.06%
3.18%
13.17%
28.92%
N/A
N/A
IVV
4.62%
2.60%
10.01%
25.06%
14.79%
13.29%
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GGUS vs. IVV - Expense Ratio Comparison
GGUS has a 0.12% expense ratio, which is higher than IVV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GGUS vs. IVV — Risk-Adjusted Performance Rank
GGUS
IVV
GGUS vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) and iShares Core S&P 500 ETF (IVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
GGUS vs. IVV - Dividend Comparison
GGUS's dividend yield for the trailing twelve months is around 0.89%, less than IVV's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGUS Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF | 0.89% | 0.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.24% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
GGUS vs. IVV - Drawdown Comparison
The maximum GGUS drawdown since its inception was -11.62%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for GGUS and IVV. For additional features, visit the drawdowns tool.
Volatility
GGUS vs. IVV - Volatility Comparison
Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) has a higher volatility of 4.75% compared to iShares Core S&P 500 ETF (IVV) at 2.99%. This indicates that GGUS's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.