GPIX vs JHDG
Goldman Sachs S&P 500 Premium Income ETF vs John Hancock Hedged Equity ETF
Which is better, GPIX or JHDG?
GPIX costs less.
GPIX has a lower expense ratio. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 47.8%.
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 | JHDG |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.49% |
| AUM | $6.3B | $128M |
| Dividend Yield | 8.16% | 0.18% |
| Holdings | 496 | 117 |
| YTD Return | +13.52%Best | +10.57% |
| 1Y Return | +17.92% | - |
| 3Y Return (annualized) | +23.39% | - |
| Top 10 Weight | 38.9%Best | 47.8% |
| Fund Family | Goldman Sachs Asset Management | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Apr 8, 2026 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
GPIX vs JHDG 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 JHDG Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and John Hancock Hedged Equity ETF (JHDG) is an ETF from John Hancock Investment Management. Year to date, GPIX is up 13.52% versus a gain of 10.57% for JHDG.
Past performance does not guarantee future results.
Fees and Cost Over Time
GPIX charges 0.29% per year while JHDG charges 0.49%. On a $10,000 position that is $29 vs $49 annually, a gap of $20 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 0.18% for JHDG.
Holdings Overlap
36.7% of GPIX's money is in holdings JHDG also owns. 76.3% of JHDG's money is in holdings GPIX also owns.
Most of JHDG is already inside GPIX. Owning both mostly buys the same companies twice.
35 positions in common, counted across the 491 positions we hold weights for in GPIX and 55 in JHDG, against full books of 496 and 117.
What only one of them owns
Our book lists 10 positions for JHDG that do not appear in our book for GPIX (12.7% of the fund), and 434 for GPIX that do not appear in JHDG (62.9%).
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 JHDG | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.50% | 8.73% | 3.23% |
| NVDANvidia Corp | 8.14% | 4.89% | 3.25% |
| AMZNAmazon.Com Inc | 3.83% | 6.32% | 2.49% |
| GOOGLAlphabet Inc | 3.25% | 6.86% | 3.61% |
| AVGOBroadcom Inc | 2.51% | 4.31% | 1.80% |
| JPMJpmorgan Chase | 1.47% | 4.32% | 2.85% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.38% | 2.96% | 1.58% |
| AMDAdvanced Micro Devices Inc | 1.28% | 3.06% | 1.78% |
| LLYEli Lilly & Co. | 1.36% | 2.91% | 1.55% |
| MUMicron Technology, Inc. | 1.69% | 2.03% | 0.34% |
76.3% of JHDG 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 JHDG?
GPIX has an expense ratio of 0.29% while JHDG charges 0.49%. GPIX is the cheaper option, by $20 a year on a $10,000 investment.
What is the holdings overlap between GPIX and JHDG?
76.3% of JHDG's money is in holdings GPIX also owns. 76.3% of JHDG's is in holdings GPIX also owns. They hold 35 positions in common, counted across the 491 positions we hold weights for in GPIX and 55 in JHDG.
Which pays a higher dividend, GPIX or JHDG?
GPIX yields 8.16% while JHDG yields 0.18%, so GPIX currently pays the higher dividend yield.
Is JHDG better than GPIX?
GPIX has a lower expense ratio. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 47.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.