GPIX vs LDRX
Goldman Sachs S&P 500 Premium Income ETF vs SGI Enhanced Market Leaders ETF
Which is better, GPIX or LDRX?
Nearly the same fund. GPIX costs less.
GPIX has a lower expense ratio. GPIX led over 1Y, LDRX over the full window. The two have moved almost in lockstep, correlation 0.95. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 55.2%.
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 | LDRX |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.59% |
| AUM | $6.3B | $261M |
| Dividend Yield | 8.16% | 0.97% |
| Holdings | 496 | 104 |
| YTD Return | +13.52%Best | +13.27% |
| 1Y Return | +17.92%Best | +16.78% |
| 3Y Return (annualized) | +23.39% | - |
| Volatility (annualized) | 9.6%Best | 13.6% |
| Max Drawdown | -7.7%Best | -10.6% |
| $10,000 over 1.4 years | $13,526 | $13,893Best |
| Top 10 Weight | 38.9%Best | 55.2% |
| Fund Family | Goldman Sachs Asset Management | Summit Global Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | May 5, 2025 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 5, 2025 to Oct 14, 2026 (1.4 years).
GPIX vs LDRX 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 1.4 years both funds cover.
GPIX vs LDRX Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and SGI Enhanced Market Leaders ETF (LDRX) is an ETF from Summit Global Investments. Over the past year GPIX returned +17.92% while LDRX returned +16.78%. Year to date, GPIX is up 13.52% versus a gain of 13.27% for LDRX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LDRX has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 9.6% 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 -7.7% for GPIX and -10.6% for LDRX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. 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 LDRX charges 0.59%. On a $10,000 position that is $29 vs $59 annually, a gap of $30 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 0.97% for LDRX.
Holdings Overlap
67.7% of GPIX's money is in holdings LDRX also owns. 97.4% of LDRX's money is in holdings GPIX also owns.
Most of LDRX is already inside GPIX. Owning both mostly buys the same companies twice.
94 positions in common, counted across the 491 positions we hold weights for in GPIX and 100 in LDRX, against full books of 496 and 104.
What only one of them owns
Measured across the 491 and 100 positions we hold weights for.
GPIX holds 374 positions LDRX does not, 31.9% of the fund.
Largest: XLC 3.54%, GOOG 1.14%, CTO 0.58%, PM 0.45%, CRWD 0.37%
Top Shared Holdings
| Stock | Weight in GPIX | Weight in LDRX | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.14% | 11.55% | 3.41% |
| AAPLApple, Inc | 7.41% | 9.87% | 2.46% |
| MSFTMicrosoft Corp | 5.50% | 7.76% | 2.26% |
| GOOGLAlphabet Inc | 3.25% | 7.61% | 4.36% |
| AMZNAmazon.Com Inc | 3.83% | 5.13% | 1.30% |
| AVGOBroadcom Inc | 2.51% | 3.43% | 0.92% |
| METAMeta Platforms Inc | 1.47% | 3.28% | 1.81% |
| MUMicron Technology, Inc. | 1.69% | 2.53% | 0.84% |
| TSLATesla Inc | 1.57% | 2.00% | 0.43% |
| JPMJpmorgan Chase | 1.47% | 1.86% | 0.39% |
97.4% of LDRX 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.
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Frequently Asked Questions
Which is cheaper, GPIX or LDRX?
GPIX has an expense ratio of 0.29% while LDRX charges 0.59%. GPIX is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, GPIX or LDRX?
Over the past year GPIX returned +17.92% vs +16.78% for LDRX, so GPIX leads on 1-year performance. Over the longest common window we track (1 years), GPIX annualized +24.08% vs +26.47% for LDRX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPIX or LDRX?
LDRX has been the more volatile fund at 13.6% annualized versus 9.6% for GPIX. Worst drawdown: GPIX -7.7% vs LDRX -10.6%.
Should I hold both GPIX and LDRX?
GPIX and LDRX have a monthly-return correlation of 0.95, 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 LDRX?
97.4% of LDRX's money is in holdings GPIX also owns. 97.4% of LDRX's is in holdings GPIX also owns. They hold 94 positions in common, counted across the 491 positions we hold weights for in GPIX and 100 in LDRX.
Which pays a higher dividend, GPIX or LDRX?
GPIX yields 8.16% while LDRX yields 0.97%, so GPIX currently pays the higher dividend yield.
Is LDRX better than GPIX?
GPIX has a lower expense ratio. GPIX led over 1Y, LDRX over the full window. The two have moved almost in lockstep, correlation 0.95. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 55.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.