Betashares Geared US Equities Currency Hedged Complex ETF vs iShares S&P 500 ETF
These ETFs do not share enough listed holdings to estimate overlap.
Scored across Cost (35%), Fund size (20%), Holdings breadth (25%), Income (20%). Past performance is excluded.
See full breakdown ↓Overlap is estimated from the funds' listed top holdings, not their full constituent lists. Where there are no shared listed holdings it is shown as not reliably estimable.
GGUS and IVV are both US Shares ETFs. GGUS tracks the S&P 500 (2x leveraged, hedged) and IVV tracks the S&P 500. IVV has the lower management fee (0.04% vs 0.74% p.a.). A holdings overlap is not reliably estimable for this pair.
Betashares Geared US Equities Currency Hedged Complex ETF
BetaShares
iShares S&P 500 ETF
BlackRock (iShares)
Comparison scores reflect how each ETF compares to the other on these specific dimensions only. They are not absolute ratings or recommendations.
Key differences at a glance
Which of GGUS and IVV fits depends on your objectives, not on one being superior. Where the two funds differ most:
Category scores compare these two ETFs only and are not absolute ratings.
IVV has the lower management fee - the one objective "cheaper" axis.
IVV is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
IVV spreads exposure across more holdings (GGUS 1, IVV 503); the other is more concentrated. Neither is inherently better - it depends on whether you want breadth or a focused tilt.
GGUS distributes approximately 1.9% and IVV approximately 1.1%; GGUS carries the higher estimated distribution yield. A higher yield may suit an income focus; a lower one may suit a growth or tax-efficiency focus. Yields are estimates and are not guaranteed; past performance is not a reliable indicator of future returns.
Green highlights the factually lower fee or higher scale/income figure. Performance is never highlighted. Data from issuer disclosures, reviewed quarterly.
Yield figures are estimates based on recent distributions and may vary. Past distributions are not a reliable indicator of future distributions.
Past performance is not a reliable indicator of future returns.
Top 10 listed holdings for each fund, from issuer disclosures. Where a fund does not publish full holdings, its list is not shown here (a category-based estimate appears on the fund page).
GGUS top holdings
This issuer does not publish full holdings for this fund, so they are not shown here.
IVV top holdings
Based on each fund's most recently published sector and geographic weightings; figures are approximate. Full breakdowns are shown below.
GGUS sectors
IVV sectors
GGUS geography
IVV geography
Choosing between GGUS and IVV depends on your goals, time horizon and current holdings, not on one being the right answer for everyone. The main differences are summarised above, with the complete data below.
GGUS and IVV do not share enough listed top holdings to reliably estimate a holdings overlap. Compare their fees, holdings and sectors on this page.
IVV has the lower management fee. GGUS charges 0.74% per year ($74 per year on a $10,000 investment) and IVV charges 0.04% per year ($4 per year on a $10,000 investment). The difference is $70 per year per $10,000 invested.
GGUS (Betashares Geared US Equities Currency Hedged Complex ETF) manages approximately $412.5M and IVV (iShares S&P 500 ETF) manages approximately $13.4B. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee.
GGUS and IVV do not share enough listed top holdings to estimate overlap, so whether holding both duplicates your exposure depends on their full constituent lists.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. GGUS charges 0.74% and IVV charges 0.04%, so IVV has the lower management fee. Compare their fees, holdings and sectors above and consider each fund's Product Disclosure Statement and Target Market Determination.
General information only.This comparison and the ETFLens tools on this page provide general information about two exchange-traded funds and do not take into account your personal objectives, financial situation or needs. It is not personal financial product or investment advice. ETFLens does not hold an Australian Financial Services Licence (AFSL). Holdings overlap is calculated from each fund's published holdings (full lists where the issuer publishes one, listed top holdings otherwise), and fee data is sourced from fund manager PDS documents and updated quarterly. Past performance is not a reliable indicator of future returns. Consider each fund's Product Disclosure Statement (PDS) and Target Market Determination (TMD), and seek advice from a registered tax agent or licensed financial adviser, before making investment decisions.
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