GPIX vs HUSV
Goldman Sachs S&P 500 Premium Income ETF vs First Trust Horizon Managed Volatility Domestic ETF
Which is better, GPIX or HUSV?
GPIX has been ahead.
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. HUSV is less concentrated, with 22.7% 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 | GPIX | HUSV |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.70% |
| AUM | $6.3B | $54M |
| Dividend Yield | 8.16% | 1.52% |
| Holdings | 496 | 202 |
| YTD Return | +13.52%Best | +5.79% |
| 1Y Return | +17.92%Best | +3.42% |
| 3Y Return (annualized) | +23.39%Best | +9.84% |
| 5Y Return (annualized) | - | +5.65% |
| Volatility (annualized) | 10.5%Tie | 10.5%Tie |
| Max Drawdown | -17.5% | -9.3%Best |
| $10,000 over 3 years | $18,786Best | $13,606 |
| Top 10 Weight | 38.9% | 22.7%Best |
| Fund Family | Goldman Sachs Asset Management | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Aug 24, 2016 |
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).
GPIX vs HUSV 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.
GPIX vs HUSV Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an ETF from First Trust Portfolios (US). Over the past year GPIX returned +17.92% while HUSV returned +3.42%. Year to date, GPIX is up 13.52% versus a gain of 5.79% for HUSV.
Over three years, GPIX compounded at +23.39% per year against +9.84% for HUSV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GPIX and HUSV have been equally volatile, both at 10.5% annualized.
The deepest peak-to-trough decline in our data was -17.5% for GPIX and -9.3% for HUSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GPIX charges 0.29% per year while HUSV charges 0.70%. On a $10,000 position that is $29 vs $70 annually, a gap of $41 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 1.52% for HUSV.
Holdings Overlap
31.6% of GPIX's money is in holdings HUSV also owns. 96.1% of HUSV's money is in holdings GPIX also owns.
Most of HUSV is already inside GPIX. Owning both mostly buys the same companies twice.
96 positions in common, counted across the 491 positions we hold weights for in GPIX and 101 in HUSV, against full books of 496 and 202.
What only one of them owns
Our book lists 2 positions for HUSV that do not appear in our book for GPIX (1.5% of the fund), and 374 for GPIX that do not appear in HUSV (67.9%).
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 HUSV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.14% | 1.94% | 6.20% |
| AAPLApple, Inc | 7.41% | 2.27% | 5.14% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.38% | 2.56% | 1.18% |
| REGRegency Centers Corp. | 0.01% | 2.49% | 2.48% |
| LLoews Corp | 0.02% | 2.39% | 2.37% |
| AFLAflac Inc. | 0.10% | 2.30% | 2.20% |
| MSIMotorola Solutions, Inc | 0.13% | 2.23% | 2.10% |
| FRTFederal Realty Investment Trust | 0.01% | 2.33% | 2.32% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.59% | 1.70% | 1.11% |
| ADIAnalog Devices, Inc. | 0.34% | 1.94% | 1.60% |
96.1% of HUSV 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 HUSV?
GPIX has an expense ratio of 0.29% while HUSV charges 0.70%. GPIX is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, GPIX or HUSV?
Over the past year GPIX returned +17.92% vs +3.42% for HUSV, so GPIX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPIX or HUSV?
GPIX and HUSV have been equally volatile, both at 10.5% annualized. Worst drawdown: GPIX -17.5% vs HUSV -9.3%.
Should I hold both GPIX and HUSV?
GPIX and HUSV have a monthly-return correlation of 0.52, 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 GPIX and HUSV?
96.1% of HUSV's money is in holdings GPIX also owns. 96.1% of HUSV's is in holdings GPIX also owns. They hold 96 positions in common, counted across the 491 positions we hold weights for in GPIX and 101 in HUSV.
Which pays a higher dividend, GPIX or HUSV?
GPIX yields 8.16% while HUSV yields 1.52%, so GPIX currently pays the higher dividend yield.
Is HUSV better than GPIX?
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. HUSV is less concentrated, with 22.7% 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.