GLTR vs. IVV
GLTR (abrdn Physical Precious Metals Basket Shares ETF) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - GLTR is a Precious Metals fund tracking the ETFS Physical Precious Metals Basket Index, while IVV is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, GLTR returned 12.08%/yr vs 15.47%/yr for IVV. At a 0.16 correlation, their price movements are largely independent. GLTR charges 0.60%/yr vs 0.03%/yr for IVV.
Performance
GLTR vs. IVV - Performance Comparison
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Returns By Period
In the year-to-date period, GLTR achieves a -4.66% return, which is significantly lower than IVV's 9.08% return. Over the past 10 years, GLTR has underperformed IVV with an annualized return of 12.08%, while IVV has yielded a comparatively higher 15.47% annualized return.
GLTR
- 1D
- 0.30%
- 1M
- -9.08%
- YTD
- -4.66%
- 6M
- 0.76%
- 1Y
- 38.86%
- 3Y*
- 29.97%
- 5Y*
- 14.04%
- 10Y*
- 12.08%
IVV
- 1D
- 0.55%
- 1M
- 0.36%
- YTD
- 9.08%
- 6M
- 9.43%
- 1Y
- 25.77%
- 3Y*
- 20.95%
- 5Y*
- 13.42%
- 10Y*
- 15.47%
GLTR vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLTR abrdn Physical Precious Metals Basket Shares ETF | -4.66% | 87.25% | 20.63% | 2.01% | -0.25% | -9.60% | 29.52% | 20.96% | -2.85% | 12.94% |
IVV iShares Core S&P 500 ETF | 9.08% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Correlation
The correlation between GLTR and IVV is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2010 | 0.16 |
The correlation between GLTR and IVV shifts across timeframes, from 0.16 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GLTR vs. IVV — Risk / Return Rank
GLTR
IVV
GLTR vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Precious Metals Basket Shares ETF (GLTR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GLTR | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.36 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 2.76 | -1.58 |
| Martin ratioReturn relative to average drawdown | 2.88 | 12.43 | -9.56 |
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Drawdowns
GLTR vs. IVV - Drawdown Comparison
The maximum GLTR drawdown since its inception was -55.70%, roughly equal to the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for GLTR and IVV.
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Drawdown Indicators
| GLTR | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.70% | -55.25% | -0.45% |
Max Drawdown (1Y)Largest decline over 1 year | -34.09% | -8.89% | -25.20% |
Max Drawdown (3Y)Largest decline over 3 years | -34.09% | -18.75% | -15.34% |
Max Drawdown (5Y)Largest decline over 5 years | -34.09% | -24.53% | -9.56% |
Max Drawdown (10Y)Largest decline over 10 years | -34.09% | -33.90% | -0.19% |
Current DrawdownCurrent decline from peak | -31.27% | -2.35% | -28.92% |
Average DrawdownAverage peak-to-trough decline | -28.82% | -10.77% | -18.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.86% | 1.97% | +11.89% |
Volatility
GLTR vs. IVV - Volatility Comparison
abrdn Physical Precious Metals Basket Shares ETF (GLTR) has a higher volatility of 10.43% compared to iShares Core S&P 500 ETF (IVV) at 4.37%. This indicates that GLTR'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.
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Volatility by Period
| GLTR | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.43% | 4.37% | +6.06% |
Volatility (6M)Calculated over the trailing 6-month period | 36.24% | 9.59% | +26.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.40% | 12.28% | +26.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.87% | 16.95% | +6.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.64% | 18.08% | +2.56% |
GLTR vs. IVV - Expense Ratio Comparison
GLTR has a 0.60% expense ratio, which is higher than IVV's 0.03% expense ratio.
Dividends
GLTR vs. IVV - Dividend Comparison
GLTR has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.08%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLTR abrdn Physical Precious Metals Basket Shares ETF | 0.00% | 0.00% | 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 | 1.08% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Frequently Asked Questions
GLTR and IVV have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLTR has higher volatility (10.43%) compared to IVV (4.37%). In terms of maximum drawdown, GLTR dropped -55.70% vs IVV's -55.25%.
On 10-year performance, IVV leads with 15.47% vs 12.08% for GLTR. On fees, IVV is cheaper at 0.03% per year. On volatility, IVV has been the lower-risk option at 4.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IVV has performed better with a 15.47% return vs 12.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IVV is cheaper with a 0.03% expense ratio, compared with 0.60% for GLTR.
IVV has the higher dividend yield at 1.08%, compared with 0.00% for GLTR.
GLTR is categorized as Precious Metals, while IVV is S&P 500. GLTR tracks ETFS Physical Precious Metals Basket Index, while IVV tracks S&P 500 Index. They also come from different issuers: abrdn and iShares. Their fees differ too: 0.60% for GLTR and 0.03% for IVV.
IVV currently has the higher Sharpe Ratio (2.00 vs 1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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