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GTO vs BIV

Invesco Total Return Bond ETF vs Vanguard Intermediate-Term Bond Index Fund

GTO

Invesco Total Return Bond ETF

Annual cost

0.35%

Fund size

$2.3B

BIV

Vanguard Intermediate-Term Bond Index Fund

Annual cost

0.03%

Fund size

$52.2B

Key differences

Both GTO and BIV are fixed income ETFs. GTO charges 0.35% a year and BIV 0.03%. The main difference: GTO follows a active selection strategy; BIV uses index tracking.

  • GTO follows a active selection strategy; BIV uses index tracking.
  • BIV costs 0.32% less per year.
  • BIV is much larger than GTO. Larger funds are usually more liquid and less likely to close.
  • BIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOBIV
Annual cost (TER)0.35%0.03%
Fund size (AUM)$2.3B$52.2B
Since20162007
Dividend yield4.75%4.17%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.0%+4.6%
CAGR 3Y+5.0%+4.6%
CAGR 5Y+0.1%+0.3%
Sharpe 3Y0.300.19
Volatility 1Y3.41%4.03%
Max drawdown-20.75%-18.94%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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