GPIX vs NTSX
Goldman Sachs S&P 500 Premium Income ETF vs WisdomTree US Efficient Core Fund
Which is better, GPIX or NTSX?
Nearly the same fund. NTSX costs less.
NTSX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | NTSX |
|---|---|---|
| Expense Ratio | 0.29% | 0.20%Best |
| AUM | $6.3B | $1.4B |
| Dividend Yield | 8.16% | 1.08% |
| Holdings | 496 | 506 |
| YTD Return | +13.52%Best | +8.74% |
| 1Y Return | +17.92%Best | +10.97% |
| 3Y Return (annualized) | +23.39%Best | +20.03% |
| 5Y Return (annualized) | - | +8.36% |
| Volatility (annualized) | 10.5%Best | 12.7% |
| Max Drawdown | -17.5% | -16.8%Best |
| $10,000 over 3 years | $18,786Best | $18,419 |
| Fund Family | Goldman Sachs Asset Management | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Aug 2, 2018 |
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 NTSX 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 NTSX Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and WisdomTree US Efficient Core Fund (NTSX) is an ETF from WisdomTree Investments. Over the past year GPIX returned +17.92% while NTSX returned +10.97%. Year to date, GPIX is up 13.52% versus a gain of 8.74% for NTSX.
Over three years, GPIX compounded at +23.39% per year against +20.03% for NTSX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NTSX has been the more volatile fund, with annualized monthly volatility of 12.7% 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 -16.8% for NTSX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. 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 NTSX charges 0.20%. On a $10,000 position that is $29 vs $20 annually, a gap of $9 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 1.08% for NTSX.
Holdings Overlap
At least 91.2% of GPIX's money is in holdings NTSX also owns.
Stated as a floor: for NTSX, our book for it covers 90.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of GPIX is already inside NTSX. Owning both mostly buys the same companies twice.
406 positions in common, counted across the 491 positions we hold weights for in GPIX and 501 in NTSX, against full books of 496 and 506.
Top Shared Holdings
| Stock | Weight in GPIX | Weight in NTSX | Difference |
|---|---|---|---|
| NVDANVIDIA Corporation | 8.14% | 7.11% | 1.03% |
| AAPLApple, Inc | 7.41% | 6.82% | 0.59% |
| MSFTMicrosoft Corp | 5.50% | 5.07% | 0.43% |
| GOOGLAlphabet Inc Cl A | 3.25% | 5.71% | 2.46% |
| AMZNAmazon.Com Inc | 3.83% | 3.53% | 0.30% |
| AVGOBroadcom Inc | 2.51% | 2.06% | 0.45% |
| METAMeta Platforms Inc Class A | 1.47% | 2.23% | 0.76% |
| MUMicron Technology Inc . | 1.69% | 1.35% | 0.34% |
| TSLATesla Inc | 1.57% | 1.43% | 0.14% |
| LLYEli Lilly & Co. | 1.36% | 1.51% | 0.15% |
91.2% of GPIX is already inside NTSX.
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 NTSX?
GPIX has an expense ratio of 0.29% while NTSX charges 0.20%. NTSX is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, GPIX or NTSX?
Over the past year GPIX returned +17.92% vs +10.97% for NTSX, 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 NTSX?
NTSX has been the more volatile fund at 12.7% annualized versus 10.5% for GPIX. Worst drawdown: GPIX -17.5% vs NTSX -16.8%.
Should I hold both GPIX and NTSX?
GPIX and NTSX have a monthly-return correlation of 0.96, 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 NTSX?
At least 91.2% of GPIX's money is in holdings NTSX also owns. Our book for NTSX is partial, so the real figure is this or higher. They hold 406 positions in common, counted across the 491 positions we hold weights for in GPIX and 501 in NTSX.
Which pays a higher dividend, GPIX or NTSX?
GPIX yields 8.16% while NTSX yields 1.08%, so GPIX currently pays the higher dividend yield.
Is NTSX better than GPIX?
NTSX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.