GPIX vs IGLD
Goldman Sachs S&P 500 Premium Income ETF vs FT Vest Gold Strategy Target Income ETF
Which is better, GPIX or IGLD?
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 | GPIX | IGLD |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.85% |
| AUM | $6.3B | $596M |
| Dividend Yield | 8.16% | 24.76% |
| Holdings | 496 | 10 |
| YTD Return | +13.52%Best | -15.99% |
| 1Y Return | +17.92%Best | -11.90% |
| 3Y Return (annualized) | +23.39%Best | +16.23% |
| 5Y Return (annualized) | - | +10.02% |
| Volatility (annualized) | 10.5%Best | 16.0% |
| Max Drawdown | -17.5%Best | -29.8% |
| $10,000 over 3 years | $18,786Best | $15,520 |
| Fund Family | Goldman Sachs Asset Management | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Mar 2, 2021 |
Not shown on this pair: 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).
GPIX vs IGLD 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 IGLD Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and FT Vest Gold Strategy Target Income ETF (IGLD) is an ETF from First Trust Portfolios (US). Over the past year GPIX returned +17.92% while IGLD returned -11.90%. Year to date, GPIX is up 13.52% versus a loss of 15.99% for IGLD.
Over three years, GPIX compounded at +23.39% per year against +16.23% for IGLD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IGLD has been the more volatile fund, with annualized monthly volatility of 16.0% 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 -17.5% for GPIX and -29.8% for IGLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.07. They move largely independently of each other.
Fees and Cost Over Time
GPIX charges 0.29% per year while IGLD charges 0.85%. On a $10,000 position that is $29 vs $85 annually, a gap of $56 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 24.76% for IGLD.
You are not choosing between two funds in isolation.
Whichever of GPIX and IGLD 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, GPIX or IGLD?
GPIX has an expense ratio of 0.29% while IGLD charges 0.85%. GPIX is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, GPIX or IGLD?
Over the past year GPIX returned +17.92% vs -11.90% for IGLD, 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 IGLD?
IGLD has been the more volatile fund at 16.0% annualized versus 10.5% for GPIX. Worst drawdown: GPIX -17.5% vs IGLD -29.8%.
Should I hold both GPIX and IGLD?
GPIX and IGLD have a monthly-return correlation of 0.07, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GPIX or IGLD?
GPIX yields 8.16% while IGLD yields 24.76%, so IGLD currently pays the higher dividend yield.
Is IGLD better than GPIX?
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.