GPIX vs LVOL
Goldman Sachs S&P 500 Premium Income ETF vs American Century Low Volatility ETF
Which is better, GPIX or LVOL?
GPIX has been ahead.
GPIX led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | LVOL |
|---|---|---|
| Expense Ratio | 0.29%Tie | 0.29%Tie |
| AUM | $6.3B | $9M |
| Dividend Yield | 8.16% | 1.09% |
| Holdings | 496 | 201 |
| Volatility (annualized) | 12.6% | 12.5%Best |
| Max Drawdown | -17.5% | -15.1%Best |
| $10,000 over 1.5 years | $12,882Best | $12,294 |
| Fund Family | Goldman Sachs Asset Management | American Century Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Jan 12, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 540 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. GPIX has data through Oct 14, 2026 and LVOL through Apr 22, 2025.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Oct 26, 2023 to Apr 22, 2025 (1.5 years).
Risk: Volatility and Drawdowns
GPIX has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 12.5% for LVOL. 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 -15.1% for LVOL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 LVOL charges 0.29%. On a $10,000 position that is $29 vs $29 annually. On income, GPIX currently yields 8.16% against 1.09% for LVOL.
You are not choosing between two funds in isolation.
Whichever of GPIX and LVOL 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 LVOL?
GPIX has an expense ratio of 0.29% while LVOL charges 0.29%. At the precision these are quoted to, they cost the same.
Which is riskier, GPIX or LVOL?
GPIX has been the more volatile fund at 12.6% annualized versus 12.5% for LVOL. Worst drawdown: GPIX -17.5% vs LVOL -15.1%.
Should I hold both GPIX and LVOL?
GPIX and LVOL have a monthly-return correlation of 0.92, 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.
Which pays a higher dividend, GPIX or LVOL?
GPIX yields 8.16% while LVOL yields 1.09%, so GPIX currently pays the higher dividend yield.
Is LVOL better than GPIX?
GPIX led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.