GPIX vs RVRB
Goldman Sachs S&P 500 Premium Income ETF vs Reverb ETF
Which is better, GPIX or RVRB?
Nearly the same fund. GPIX costs less.
GPIX has a lower expense ratio. GPIX led over 1Y, RVRB over the full window. The two have moved almost in lockstep, correlation 0.99. RVRB is less concentrated, with 38.2% 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 | RVRB |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.30% |
| AUM | $6.3B | $5M |
| Dividend Yield | 8.16% | 0.86% |
| Holdings | 496 | 499 |
| Volatility (annualized) | 10.6%Best | 12.3% |
| Max Drawdown | -17.5%Best | -19.1% |
| $10,000 over 2.4 years | $15,713 | $16,012Best |
| Top 10 Weight | 38.9% | 38.2%Best |
| Fund Family | Goldman Sachs Asset Management | Reverb ETF |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Nov 3, 2022 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 202 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 RVRB through Mar 26, 2026.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Oct 26, 2023 to Mar 26, 2026 (2.4 years).
Risk: Volatility and Drawdowns
RVRB has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 10.6% 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 -17.5% for GPIX and -19.1% for RVRB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. 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 RVRB charges 0.30%. On a $10,000 position that is $29 vs $30 annually, a gap of $1 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 0.86% for RVRB.
Holdings Overlap
90.5% of GPIX's money is in holdings RVRB also owns. 92.0% of RVRB's money is in holdings GPIX also owns.
Most of RVRB is already inside GPIX. Owning both mostly buys the same companies twice.
The two holdings books were reported 258 days apart, GPIX as of Sep 15, 2026 and RVRB as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
389 positions in common, counted across the 491 positions we hold weights for in GPIX and 493 in RVRB, against full books of 496 and 499.
What only one of them owns
Our book lists 53 positions for RVRB that do not appear in our book for GPIX (3.9% of the fund), and 88 for GPIX that do not appear in RVRB (8.9%).
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 RVRB | Difference |
|---|---|---|---|
| NVDANVIDIA Corporation | 8.14% | 6.78% | 1.36% |
| AAPLApple, Inc | 7.41% | 5.40% | 2.01% |
| MSFTMicrosoft Corp | 5.50% | 5.92% | 0.42% |
| GOOGLAlphabet Inc Cl A | 3.25% | 6.28% | 3.03% |
| AMZNAmazon.Com Inc | 3.83% | 4.24% | 0.41% |
| AVGOBroadcom Inc | 2.51% | 2.52% | 0.01% |
| METAMeta Platforms Inc Class A | 1.47% | 2.13% | 0.66% |
| TSLATesla Inc | 1.57% | 1.93% | 0.36% |
| BRK.BBerkshire Hathaway, Inc. | 1.38% | 1.55% | 0.17% |
| LLYEli Lilly & Co. | 1.36% | 1.42% | 0.06% |
92.0% of RVRB 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 RVRB?
GPIX has an expense ratio of 0.29% while RVRB charges 0.30%. GPIX is the cheaper option, by $1 a year on a $10,000 investment.
Which is riskier, GPIX or RVRB?
RVRB has been the more volatile fund at 12.3% annualized versus 10.6% for GPIX. Worst drawdown: GPIX -17.5% vs RVRB -19.1%.
Should I hold both GPIX and RVRB?
GPIX and RVRB have a monthly-return correlation of 0.99, 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 RVRB?
92.0% of RVRB's money is in holdings GPIX also owns. 92.0% of RVRB's is in holdings GPIX also owns. They hold 389 positions in common, counted across the 491 positions we hold weights for in GPIX and 493 in RVRB.
Which pays a higher dividend, GPIX or RVRB?
GPIX yields 8.16% while RVRB yields 0.86%, so GPIX currently pays the higher dividend yield.
Is RVRB better than GPIX?
GPIX has a lower expense ratio. GPIX led over 1Y, RVRB over the full window. The two have moved almost in lockstep, correlation 0.99. RVRB is less concentrated, with 38.2% 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.