FDAT vs GPIX
Tactical Advantage ETF vs Goldman Sachs S&P 500 Premium Income ETF
Which is better, FDAT or GPIX?
GPIX has been ahead.
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window.
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 | FDAT | GPIX |
|---|---|---|
| Expense Ratio | 1.16% | 0.29%Best |
| AUM | $36M | $6.3B |
| Dividend Yield | 5.94% | 8.16% |
| Holdings | 9 | 496 |
| YTD Return | +2.79% | +13.52%Best |
| 1Y Return | +2.00% | +17.92%Best |
| 3Y Return (annualized) | +9.28% | +23.39%Best |
| Volatility (annualized) | 8.5%Best | 10.5% |
| Max Drawdown | -8.2%Best | -17.5% |
| $10,000 over 3 years | $13,416 | $18,786Best |
| Top 10 Weight | - | 38.9% |
| Fund Family | Tactical Advantage | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 11, 2023 | 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).
FDAT 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.
FDAT vs GPIX Performance
Tactical Advantage ETF (FDAT) is an ETF from Tactical Advantage and Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management. Over the past year FDAT returned +2.00% while GPIX returned +17.92%. Year to date, FDAT is up 2.79% versus a gain of 13.52% for GPIX.
Over three years, FDAT compounded at +9.28% per year against +23.39% for GPIX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GPIX has been the more volatile fund, with annualized monthly volatility of 10.5% compared with 8.5% for FDAT. 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 -8.2% for FDAT 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FDAT charges 1.16% per year while GPIX charges 0.29%. On a $10,000 position that is $116 vs $29 annually, a gap of $87 per year that compounds over a long holding period. On income, FDAT currently yields 5.94% against 8.16% for GPIX.
Holdings Overlap
4.0% of FDAT's money is in holdings GPIX also owns. 3.5% of GPIX's money is in holdings FDAT also owns.
FDAT and GPIX share little of their money.
1 positions in common, counted across the 8 positions we hold weights for in FDAT and 491 in GPIX, against full books of 9 and 496.
What only one of them owns
Our book lists 467 positions for GPIX that do not appear in our book for FDAT (96.0% of the fund), and 7 for FDAT that do not appear in GPIX (96.0%).
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 FDAT | Weight in GPIX | Difference |
|---|---|---|---|
| XLCCommunication Services Select | 3.98% | 3.54% | 0.44% |
You are not choosing between two funds in isolation.
Whichever of FDAT and GPIX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FDAT or GPIX?
FDAT has an expense ratio of 1.16% while GPIX charges 0.29%. GPIX is the cheaper option, by $87 a year on a $10,000 investment.
Which performed better, FDAT or GPIX?
Over the past year FDAT returned +2.00% 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, FDAT or GPIX?
GPIX has been the more volatile fund at 10.5% annualized versus 8.5% for FDAT. Worst drawdown: FDAT -8.2% vs GPIX -17.5%.
Should I hold both FDAT and GPIX?
FDAT and GPIX have a monthly-return correlation of 0.68, 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 FDAT and GPIX?
4.0% of FDAT's money is in holdings GPIX also owns. 3.5% of GPIX's is in holdings FDAT also owns. They hold 1 positions in common, counted across the 8 positions we hold weights for in FDAT and 491 in GPIX.
Which pays a higher dividend, FDAT or GPIX?
FDAT yields 5.94% while GPIX yields 8.16%, so GPIX currently pays the higher dividend yield.
Is GPIX better than FDAT?
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.