CHGX vs GPIX
Stance Sustainable Beta ETF vs Goldman Sachs S&P 500 Premium Income ETF
Which is better, CHGX or GPIX?
Each has led over a different period.
GPIX has a lower expense ratio. CHGX led over 1Y, GPIX over 3Y and the full window. CHGX is less concentrated, with 11.8% of the fund in its ten largest positions against 38.9%.
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 | CHGX | GPIX |
|---|---|---|
| Expense Ratio | 0.49% | 0.29%Best |
| AUM | $179M | $6.3B |
| Dividend Yield | 0.55% | 8.16% |
| Holdings | 203 | 496 |
| YTD Return | +21.11%Best | +13.52% |
| 1Y Return | +20.36%Best | +17.92% |
| 3Y Return (annualized) | +3.83% | +23.39%Best |
| 5Y Return (annualized) | +0.53% | - |
| Volatility (annualized) | 25.9% | 10.5%Best |
| Max Drawdown | -47.3% | -17.5%Best |
| $10,000 over 3 years | $11,900 | $18,786Best |
| Top 10 Weight | 11.8%Best | 38.9% |
| Fund Family | STANCE Capital | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 14, 2024 | Oct 24, 2023 |
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).
CHGX 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.
CHGX vs GPIX Performance
Stance Sustainable Beta ETF (CHGX) is an ETF from STANCE Capital and Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management. Over the past year CHGX returned +20.36% while GPIX returned +17.92%. Year to date, CHGX is up 21.11% versus a gain of 13.52% for GPIX.
Over three years, CHGX compounded at +3.83% per year against +23.39% for GPIX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CHGX has been the more volatile fund, with annualized monthly volatility of 25.9% 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 -47.3% for CHGX 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CHGX charges 0.49% per year while GPIX charges 0.29%. On a $10,000 position that is $49 vs $29 annually, a gap of $20 per year that compounds over a long holding period. On income, CHGX currently yields 0.55% against 8.16% for GPIX.
Holdings Overlap
78.5% of CHGX's money is in holdings GPIX also owns. 35.8% of GPIX's money is in holdings CHGX also owns.
Most of CHGX is already inside GPIX. Owning both mostly buys the same companies twice.
79 positions in common, counted across the 101 positions we hold weights for in CHGX and 491 in GPIX, against full books of 203 and 496.
What only one of them owns
Our book lists 390 positions for GPIX that do not appear in our book for CHGX (63.8% of the fund), and 22 for CHGX that do not appear in GPIX (21.4%).
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 CHGX | Weight in GPIX | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 1.04% | 8.14% | 7.10% |
| AAPLApple, Inc | 0.99% | 7.41% | 6.42% |
| MUMicron Technology, Inc. | 1.10% | 1.69% | 0.59% |
| AMDAdvanced Micro Devices Inc. | 1.20% | 1.28% | 0.08% |
| LLYEli Lilly & Co. | 1.00% | 1.36% | 0.36% |
| VVisa Inc-class A Shares | 0.96% | 0.99% | 0.03% |
| INTCIntel Corp. | 1.17% | 0.76% | 0.41% |
| AMATApplied Materials, Inc. | 1.14% | 0.57% | 0.57% |
| ABBVAbbvie Inc. | 1.00% | 0.70% | 0.30% |
| MAMastercard Inc Cl. A | 0.95% | 0.73% | 0.22% |
78.5% of CHGX 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, CHGX or GPIX?
CHGX has an expense ratio of 0.49% while GPIX charges 0.29%. GPIX is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, CHGX or GPIX?
Over the past year CHGX returned +20.36% vs +17.92% for GPIX, so CHGX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CHGX or GPIX?
CHGX has been the more volatile fund at 25.9% annualized versus 10.5% for GPIX. Worst drawdown: CHGX -47.3% vs GPIX -17.5%.
Should I hold both CHGX and GPIX?
CHGX and GPIX have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CHGX and GPIX?
78.5% of CHGX's money is in holdings GPIX also owns. 35.8% of GPIX's is in holdings CHGX also owns. They hold 79 positions in common, counted across the 101 positions we hold weights for in CHGX and 491 in GPIX.
Which pays a higher dividend, CHGX or GPIX?
CHGX yields 0.55% while GPIX yields 8.16%, so GPIX currently pays the higher dividend yield.
Is GPIX better than CHGX?
GPIX has a lower expense ratio. CHGX led over 1Y, GPIX over 3Y and the full window. CHGX is less concentrated, with 11.8% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.