GVLE vs. IUSV

Last updated Jun 6, 2026

GVLE (Goldman Sachs Value Opportunities ETF) and IUSV (iShares Core S&P U.S. Value ETF) are both Large Cap Value Equities funds. GVLE is actively managed, while IUSV is passively managed. Their correlation of 0.84 suggests significant overlap in exposure. GVLE charges 0.45%/yr vs 0.04%/yr for IUSV.

Performance

GVLE vs. IUSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Value Opportunities ETF (GVLE) and iShares Core S&P U.S. Value ETF (IUSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GVLE achieves a 10.29% return, which is significantly higher than IUSV's 7.35% return.

GVLE

• 1D: -2.20%
• 1M: 1.23%
• YTD: 10.29%
• 6M: 10.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IUSV

• 1D: -1.15%
• 1M: 0.63%
• YTD: 7.35%
• 6M: 7.84%
• 1Y: 21.53%
• 3Y*: 15.41%
• 5Y*: 10.42%
• 10Y*: 11.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GVLE vs. IUSV - Yearly Performance Comparison

	2026 (YTD)	2025
GVLE Goldman Sachs Value Opportunities ETF	10.29%	4.29%
IUSV iShares Core S&P U.S. Value ETF	7.35%	2.89%

Correlation

The correlation between GVLE and IUSV is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.84

Return for Risk

GVLE vs. IUSV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IUSV

IUSV Risk / Return Rank: 68
IUSV Sharpe Ratio Rank: 66
IUSV Sortino Ratio Rank: 67
IUSV Omega Ratio Rank: 65
IUSV Calmar Ratio Rank: 70
IUSV Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GVLE vs. IUSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Value Opportunities ETF (GVLE) and iShares Core S&P U.S. Value ETF (IUSV). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GVLE	IUSV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.15	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.12	0.60	+1.52

Drawdowns

GVLE vs. IUSV - Drawdown Comparison

The maximum GVLE drawdown since its inception was -7.88%, smaller than the maximum IUSV drawdown of -56.88%. Use the drawdown chart below to compare losses from any high point for GVLE and IUSV.

Drawdown Indicators

	GVLE	IUSV	Difference
Max Drawdown Largest peak-to-trough decline	-7.88%	-56.88%	+49.00%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.36%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.54%	—
Current Drawdown Current decline from peak	-2.20%	-1.15%	-1.05%
Average Drawdown Average peak-to-trough decline	-1.31%	-6.29%	+4.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.66%	—

Volatility

Volatility by Period

	GVLE	IUSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.86%	10.07%	+3.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.86%	14.56%	-0.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.86%	17.07%	-3.21%

GVLE vs. IUSV - Expense Ratio Comparison

GVLE has a 0.45% expense ratio, which is higher than IUSV's 0.04% expense ratio.

Dividends

GVLE vs. IUSV - Dividend Comparison

GVLE's dividend yield for the trailing twelve months is around 1.05%, less than IUSV's 1.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GVLE Goldman Sachs Value Opportunities ETF	1.05%	1.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IUSV iShares Core S&P U.S. Value ETF	1.68%	1.78%	2.15%	1.75%	2.22%	1.87%	2.40%	2.19%	2.67%	1.93%	4.44%	7.63%

Frequently Asked Questions

Can I hold both GVLE and IUSV in my portfolio?

GVLE and IUSV have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GVLE or IUSV?

On fees, IUSV is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GVLE or IUSV?

IUSV is cheaper with a 0.04% expense ratio, compared with 0.45% for GVLE.

Which ETF pays a higher dividend yield, GVLE or IUSV?

IUSV has the higher dividend yield at 1.68%, compared with 1.05% for GVLE.

What is the main difference between GVLE and IUSV?

They also come from different issuers: Goldman Sachs and iShares. Their fees differ too: 0.45% for GVLE and 0.04% for IUSV.