GGTL vs GPIX
Gabelli Global Technology Leaders ETF vs Goldman Sachs S&P 500 Premium Income ETF
Which is better, GGTL or GPIX?
Each has led over a different period.
GGTL has a lower expense ratio. GGTL led over 1Y, GPIX over 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 | GGTL | GPIX |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.29% |
| AUM | $16M | $6.3B |
| Dividend Yield | 0.82% | 8.16% |
| Holdings | 149 | 496 |
| YTD Return | +21.53%Best | +13.52% |
| 1Y Return | +22.76%Best | +17.92% |
| 3Y Return (annualized) | +20.64% | +23.39%Best |
| Volatility (annualized) | 19.4% | 10.5%Best |
| Max Drawdown | -21.5% | -17.5%Best |
| $10,000 over 3 years | $18,600 | $18,786Best |
| Fund Family | Gabelli Funds | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 5, 2022 | Oct 24, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
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).
GGTL 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.
GGTL vs GPIX Performance
Gabelli Global Technology Leaders ETF (GGTL) is an ETF from Gabelli Funds and Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management. Over the past year GGTL returned +22.76% while GPIX returned +17.92%. Year to date, GGTL is up 21.53% versus a gain of 13.52% for GPIX.
Over three years, GGTL compounded at +20.64% per year against +23.39% for GPIX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGTL has been the more volatile fund, with annualized monthly volatility of 19.4% 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 -21.5% for GGTL 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GGTL charges 0.00% per year while GPIX charges 0.29%. On a $10,000 position that is $0 vs $29 annually, a gap of $29 per year that compounds over a long holding period. On income, GGTL currently yields 0.82% against 8.16% for GPIX.
Holdings Overlap
At least 30.1% of GPIX's money is in holdings GGTL also owns.
Stated as a floor: for GGTL, our book for it covers 85.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
23 positions in common, counted across the 70 positions we hold weights for in GGTL and 491 in GPIX, against full books of 149 and 496.
Top Shared Holdings
| Stock | Weight in GGTL | Weight in GPIX | Difference |
|---|---|---|---|
| NVDANvidia Corp | 2.32% | 8.14% | 5.82% |
| MSFTMicrosoft Corp | 1.84% | 5.50% | 3.66% |
| AMDAdvanced Micro Devices Inc | 4.54% | 1.28% | 3.26% |
| AVGOBroadcom Inc | 2.65% | 2.51% | 0.14% |
| AMZNAmazon.Com Inc | 0.84% | 3.83% | 2.99% |
| GOOGLAlphabet Inc | 0.31% | 3.25% | 2.94% |
| ORCLOracle Corp - Common | 3.16% | 0.36% | 2.80% |
| ANETArista Networks Inc. | 3.15% | 0.33% | 2.82% |
| MUMicron Technology, Inc. | 1.72% | 1.69% | 0.03% |
| TXNTexas Instrument Inc | 1.90% | 0.41% | 1.49% |
30.1% of GPIX is already inside GGTL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, GGTL or GPIX?
GGTL has an expense ratio of 0.00% while GPIX charges 0.29%. GGTL is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, GGTL or GPIX?
Over the past year GGTL returned +22.76% vs +17.92% for GPIX, so GGTL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGTL or GPIX?
GGTL has been the more volatile fund at 19.4% annualized versus 10.5% for GPIX. Worst drawdown: GGTL -21.5% vs GPIX -17.5%.
Should I hold both GGTL and GPIX?
GGTL and GPIX have a monthly-return correlation of 0.78, 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 GGTL and GPIX?
At least 30.1% of GPIX's money is in holdings GGTL also owns. Our book for GGTL is partial, so the real figure is this or higher. They hold 23 positions in common, counted across the 70 positions we hold weights for in GGTL and 491 in GPIX.
Which pays a higher dividend, GGTL or GPIX?
GGTL yields 0.82% while GPIX yields 8.16%, so GPIX currently pays the higher dividend yield.
Is GPIX better than GGTL?
GGTL has a lower expense ratio. GGTL led over 1Y, GPIX over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.