GPIX vs GUSE
Goldman Sachs S&P 500 Premium Income ETF vs Goldman Sachs Enhanced US Equity ETF
Which is better, GPIX or GUSE?
GPIX has been ahead.
GPIX has a lower expense ratio. GPIX led over 1Y. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 40.0%.
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 | GPIX | GUSE |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.30% |
| AUM | $6.3B | $365M |
| Dividend Yield | 8.16% | 0.64% |
| Holdings | 496 | 121 |
| YTD Return | +13.52%Tie | +13.52%Tie |
| 1Y Return | +17.92%Best | +17.06% |
| 3Y Return (annualized) | +23.39% | - |
| Top 10 Weight | 38.9%Best | 40.0% |
| Fund Family | Goldman Sachs Asset Management | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Jan 31, 2008 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
GPIX vs GUSE 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GPIX vs GUSE Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and Goldman Sachs Enhanced US Equity ETF (GUSE) is an ETF from Goldman Sachs Asset Management. Over the past year GPIX returned +17.92% while GUSE returned +17.06%. Year to date, GPIX is up 13.52% versus a gain of 13.52% for GUSE.
Past performance does not guarantee future results.
Fees and Cost Over Time
GPIX charges 0.29% per year while GUSE charges 0.30%. On a $10,000 position that is $29 vs $30 annually, a gap of $1 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 0.64% for GUSE.
Holdings Overlap
60.3% of GPIX's money is in holdings GUSE also owns. 90.7% of GUSE's money is in holdings GPIX also owns.
Most of GUSE is already inside GPIX. Owning both mostly buys the same companies twice.
95 positions in common, counted across the 491 positions we hold weights for in GPIX and 122 in GUSE, against full books of 496 and 121.
What only one of them owns
Our book lists 23 positions for GUSE that do not appear in our book for GPIX (6.7% of the fund), and 375 for GPIX that do not appear in GUSE (39.3%).
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 GPIX | Weight in GUSE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.14% | 8.85% | 0.71% |
| AAPLApple, Inc | 7.41% | 7.62% | 0.21% |
| MSFTMicrosoft Corp | 5.50% | 5.03% | 0.47% |
| AMZNAmazon.Com Inc | 3.83% | 4.18% | 0.35% |
| GOOGLAlphabet Inc | 3.25% | 3.45% | 0.20% |
| AVGOBroadcom Inc | 2.51% | 2.39% | 0.12% |
| METAMeta Platforms Inc | 1.47% | 2.49% | 1.02% |
| MUMicron Technology, Inc. | 1.69% | 2.01% | 0.32% |
| GOOGAlphabet Inc. C | 1.14% | 2.21% | 1.07% |
| TSLATesla Inc | 1.57% | 1.56% | 0.01% |
90.7% of GUSE 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, GPIX or GUSE?
GPIX has an expense ratio of 0.29% while GUSE charges 0.30%. GPIX is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, GPIX or GUSE?
Over the past year GPIX returned +17.92% vs +17.06% for GUSE, so GPIX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between GPIX and GUSE?
90.7% of GUSE's money is in holdings GPIX also owns. 90.7% of GUSE's is in holdings GPIX also owns. They hold 95 positions in common, counted across the 491 positions we hold weights for in GPIX and 122 in GUSE.
Which pays a higher dividend, GPIX or GUSE?
GPIX yields 8.16% while GUSE yields 0.64%, so GPIX currently pays the higher dividend yield.
Is GUSE better than GPIX?
GPIX has a lower expense ratio. GPIX led over 1Y. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 40.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.