CGUS vs GPIX
Capital Group Core Equity ETF vs Goldman Sachs S&P 500 Premium Income ETF
Which is better, CGUS or GPIX?
Nearly the same fund. GPIX costs less.
GPIX has a lower expense ratio. CGUS led over the full window, GPIX over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.96. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 43.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CGUS | GPIX |
|---|---|---|
| Expense Ratio | 0.33% | 0.29%Best |
| AUM | $12.3B | $6.3B |
| Dividend Yield | 0.83% | 8.16% |
| Holdings | 75 | 496 |
| YTD Return | +11.95% | +13.52%Best |
| 1Y Return | +15.39% | +17.92%Best |
| 3Y Return (annualized) | +21.76% | +23.39%Best |
| Volatility (annualized) | 12.1% | 10.5%Best |
| Max Drawdown | -18.1% | -17.5%Best |
| $10,000 over 3 years | $19,108Best | $18,786 |
| Top 10 Weight | 43.8% | 38.9%Best |
| Fund Family | Capital Group (US) | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 22, 2022 | Oct 24, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 26, 2023 to Oct 14, 2026 (3 years).
CGUS vs GPIX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3 years both funds cover.
CGUS vs GPIX Performance
Capital Group Core Equity ETF (CGUS) is an ETF from Capital Group (US) and Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management. Over the past year CGUS returned +15.39% while GPIX returned +17.92%. Year to date, CGUS is up 11.95% versus a gain of 13.52% for GPIX.
Over three years, CGUS compounded at +21.76% per year against +23.39% for GPIX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGUS has been the more volatile fund, with annualized monthly volatility of 12.1% compared with 10.5% for GPIX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.1% for CGUS and -17.5% for GPIX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGUS charges 0.33% per year while GPIX charges 0.29%. On a $10,000 position that is $33 vs $29 annually, a gap of $4 per year that compounds over a long holding period. On income, CGUS currently yields 0.83% against 8.16% for GPIX.
Holdings Overlap
84.8% of CGUS's money is in holdings GPIX also owns. 50.5% of GPIX's money is in holdings CGUS also owns.
Most of CGUS is already inside GPIX. Owning both mostly buys the same companies twice.
54 positions in common, counted across the 68 positions we hold weights for in CGUS and 491 in GPIX, against full books of 75 and 496.
What only one of them owns
Our book lists 414 positions for GPIX that do not appear in our book for CGUS (49.1% of the fund), and 5 for CGUS that do not appear in GPIX (4.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CGUS | Weight in GPIX | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.90% | 8.14% | 0.24% |
| MSFTMicrosoft Corp | 7.05% | 5.50% | 1.55% |
| AAPLApple, Inc | 2.53% | 7.41% | 4.88% |
| AMZNAmazon.Com Inc | 4.75% | 3.83% | 0.92% |
| AVGOBroadcom Inc | 5.26% | 2.51% | 2.75% |
| GOOGLAlphabet Inc | 3.14% | 3.25% | 0.11% |
| METAMeta Platforms Inc | 4.55% | 1.47% | 3.08% |
| LLYEli Lilly & Co. | 3.68% | 1.36% | 2.32% |
| JPMJpmorgan Chase | 1.74% | 1.47% | 0.27% |
| GOOGAlphabet Inc. C | 1.89% | 1.14% | 0.75% |
84.8% of CGUS is already inside GPIX.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGUS or GPIX?
CGUS has an expense ratio of 0.33% while GPIX charges 0.29%. GPIX is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, CGUS or GPIX?
Over the past year CGUS returned +15.39% vs +17.92% for GPIX, so GPIX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGUS or GPIX?
CGUS has been the more volatile fund at 12.1% annualized versus 10.5% for GPIX. Worst drawdown: CGUS -18.1% vs GPIX -17.5%.
Should I hold both CGUS and GPIX?
CGUS and GPIX have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between CGUS and GPIX?
84.8% of CGUS's money is in holdings GPIX also owns. 50.5% of GPIX's is in holdings CGUS also owns. They hold 54 positions in common, counted across the 68 positions we hold weights for in CGUS and 491 in GPIX.
Which pays a higher dividend, CGUS or GPIX?
CGUS yields 0.83% while GPIX yields 8.16%, so GPIX currently pays the higher dividend yield.
Is GPIX better than CGUS?
GPIX has a lower expense ratio. CGUS led over the full window, GPIX over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.96. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 43.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.