GPIX vs JHDV
Goldman Sachs S&P 500 Premium Income ETF vs John Hancock US High Dividend ETF
Which is better, GPIX or JHDV?
Each has led over a different period.
GPIX has a lower expense ratio. GPIX led over 3Y and the full window, JHDV over 1Y. The two have moved almost in lockstep, correlation 0.93. JHDV is less concentrated, with 34.7% 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 | JHDV |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.34% |
| AUM | $6.3B | $13M |
| Dividend Yield | 8.16% | 2.25% |
| Holdings | 496 | 78 |
| YTD Return | +13.52% | +15.74%Best |
| 1Y Return | +17.92% | +18.54%Best |
| 3Y Return (annualized) | +23.39%Best | +20.38% |
| Volatility (annualized) | 10.5%Best | 12.3% |
| Max Drawdown | -17.5%Best | -19.0% |
| $10,000 over 3 years | $18,786Best | $18,541 |
| Top 10 Weight | 38.9% | 34.7%Best |
| Fund Family | Goldman Sachs Asset Management | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Sep 27, 2022 |
Not shown on this pair: 5Y Return (annualized).
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 JHDV 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 JHDV Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management. Over the past year GPIX returned +17.92% while JHDV returned +18.54%. Year to date, GPIX is up 13.52% versus a gain of 15.74% for JHDV.
Over three years, GPIX compounded at +23.39% per year against +20.38% for JHDV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHDV has been the more volatile fund, with annualized monthly volatility of 12.3% 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 -19.0% for JHDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GPIX charges 0.29% per year while JHDV charges 0.34%. On a $10,000 position that is $29 vs $34 annually, a gap of $5 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 2.25% for JHDV.
Holdings Overlap
39.5% of GPIX's money is in holdings JHDV also owns. 85.6% of JHDV's money is in holdings GPIX also owns.
Most of JHDV is already inside GPIX. Owning both mostly buys the same companies twice.
64 positions in common, counted across the 491 positions we hold weights for in GPIX and 76 in JHDV, against full books of 496 and 78.
What only one of them owns
Measured across the 491 and 76 positions we hold weights for.
GPIX holds 404 positions JHDV does not, 60.1% of the fund.
Largest: AMZN 3.83%, XLC 3.54%, GOOGL 3.25%, TSLA 1.57%, META 1.47%
Top Shared Holdings
| Stock | Weight in GPIX | Weight in JHDV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.14% | 8.59% | 0.45% |
| AAPLApple, Inc | 7.41% | 5.60% | 1.81% |
| MSFTMicrosoft Corp | 5.50% | 5.86% | 0.36% |
| AVGOBroadcom Inc | 2.51% | 2.46% | 0.05% |
| MUMicron Technology, Inc. | 1.69% | 2.26% | 0.57% |
| LRCXLrcx Uw Equity | 0.61% | 1.98% | 1.37% |
| CVXChevron Corp | 0.65% | 1.87% | 1.22% |
| JPMJpmorgan Chase | 1.47% | 1.04% | 0.43% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.59% | 1.70% | 1.11% |
| LLYEli Lilly & Co. | 1.36% | 0.89% | 0.47% |
85.6% of JHDV 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 JHDV?
GPIX has an expense ratio of 0.29% while JHDV charges 0.34%. GPIX is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, GPIX or JHDV?
Over the past year GPIX returned +17.92% vs +18.54% for JHDV, so JHDV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPIX or JHDV?
JHDV has been the more volatile fund at 12.3% annualized versus 10.5% for GPIX. Worst drawdown: GPIX -17.5% vs JHDV -19.0%.
Should I hold both GPIX and JHDV?
GPIX and JHDV have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GPIX and JHDV?
85.6% of JHDV's money is in holdings GPIX also owns. 85.6% of JHDV's is in holdings GPIX also owns. They hold 64 positions in common, counted across the 491 positions we hold weights for in GPIX and 76 in JHDV.
Which pays a higher dividend, GPIX or JHDV?
GPIX yields 8.16% while JHDV yields 2.25%, so GPIX currently pays the higher dividend yield.
Is JHDV better than GPIX?
GPIX has a lower expense ratio. GPIX led over 3Y and the full window, JHDV over 1Y. The two have moved almost in lockstep, correlation 0.93. JHDV is less concentrated, with 34.7% 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.