GPIX vs PTL
Goldman Sachs S&P 500 Premium Income ETF vs Inspire 500 ETF
Which is better, GPIX or PTL?
GPIX has been ahead.
PTL has a lower expense ratio. GPIX led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. PTL is less concentrated, with 28.0% 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 | PTL |
|---|---|---|
| Expense Ratio | 0.29% | 0.09%Best |
| AUM | $6.3B | $892M |
| Dividend Yield | 8.16% | 0.94% |
| Holdings | 496 | 941 |
| YTD Return | +13.52%Best | +9.62% |
| 1Y Return | +17.92%Best | +10.17% |
| 3Y Return (annualized) | +23.39% | - |
| Volatility (annualized) | 10.4%Best | 13.2% |
| Max Drawdown | -17.5%Best | -19.7% |
| $10,000 over 2.6 years | $15,263Best | $14,110 |
| Top 10 Weight | 38.9% | 28.0%Best |
| Fund Family | Goldman Sachs Asset Management | Inspire ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Mar 25, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 26, 2024 to Oct 14, 2026 (2.6 years).
GPIX vs PTL 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 2.6 years both funds cover.
GPIX vs PTL Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and Inspire 500 ETF (PTL) is an ETF from Inspire ETFs. Over the past year GPIX returned +17.92% while PTL returned +10.17%. Year to date, GPIX is up 13.52% versus a gain of 9.62% for PTL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PTL has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 10.4% 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 -19.7% for PTL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. 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 PTL charges 0.09%. On a $10,000 position that is $29 vs $9 annually, a gap of $20 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 0.94% for PTL.
Holdings Overlap
17.8% of GPIX's money is in holdings PTL also owns. 72.4% of PTL's money is in holdings GPIX also owns.
Most of PTL is already inside GPIX. Owning both mostly buys the same companies twice.
188 positions in common, counted across the 491 positions we hold weights for in GPIX and 501 in PTL, against full books of 496 and 941.
What only one of them owns
Our book lists 308 positions for PTL that do not appear in our book for GPIX (27.0% of the fund), and 288 for GPIX that do not appear in PTL (81.8%).
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 PTL | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.51% | 10.05% | 7.54% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.08% | 3.79% | 2.71% |
| CATCaterpillar, Inc. | 0.63% | 2.22% | 1.59% |
| PLTRPalantir Technologies Inc-A | 0.52% | 2.33% | 1.81% |
| GEGeneral Electric Co. | 0.52% | 1.95% | 1.43% |
| HDHome Depot Inc | 0.46% | 1.77% | 1.31% |
| KLACKla Corp | 0.35% | 1.49% | 1.14% |
| GEVGE Vernova Inc. CDR (CAD Hedged) | 0.31% | 1.52% | 1.21% |
| ANETArista Networks Inccommon Stock | 0.33% | 1.42% | 1.09% |
| LINLinde Plc Ordinary Shares | 0.35% | 1.23% | 0.88% |
72.4% of PTL 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 PTL?
GPIX has an expense ratio of 0.29% while PTL charges 0.09%. PTL is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, GPIX or PTL?
Over the past year GPIX returned +17.92% vs +10.17% for PTL, 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 PTL?
PTL has been the more volatile fund at 13.2% annualized versus 10.4% for GPIX. Worst drawdown: GPIX -17.5% vs PTL -19.7%.
Should I hold both GPIX and PTL?
GPIX and PTL have a monthly-return correlation of 0.90, 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 PTL?
72.4% of PTL's money is in holdings GPIX also owns. 72.4% of PTL's is in holdings GPIX also owns. They hold 188 positions in common, counted across the 491 positions we hold weights for in GPIX and 501 in PTL.
Which pays a higher dividend, GPIX or PTL?
GPIX yields 8.16% while PTL yields 0.94%, so GPIX currently pays the higher dividend yield.
Is PTL better than GPIX?
PTL has a lower expense ratio. GPIX led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. PTL is less concentrated, with 28.0% 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.