GPIX vs SUPP
Goldman Sachs S&P 500 Premium Income ETF vs TCW Transform Supply Chain ETF
Which is better, GPIX or SUPP?
GPIX has been ahead.
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 59.8%.
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 | SUPP |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.75% |
| AUM | $6.3B | $12M |
| Dividend Yield | 8.16% | 0.00% |
| Holdings | 496 | 54 |
| YTD Return | +13.52%Best | +7.65% |
| 1Y Return | +17.92%Best | +7.67% |
| 3Y Return (annualized) | +23.39%Best | +15.44% |
| Volatility (annualized) | 10.5%Best | 19.6% |
| Max Drawdown | -17.5%Best | -25.3% |
| $10,000 over 3 years | $18,786Best | $16,606 |
| Top 10 Weight | 38.9%Best | 59.8% |
| Fund Family | Goldman Sachs Asset Management | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Feb 14, 2023 |
Not shown on this pair: 5Y Return (annualized).
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 SUPP 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 SUPP Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and TCW Transform Supply Chain ETF (SUPP) is an ETF from TCW ETFs. Over the past year GPIX returned +17.92% while SUPP returned +7.67%. Year to date, GPIX is up 13.52% versus a gain of 7.65% for SUPP.
Over three years, GPIX compounded at +23.39% per year against +15.44% for SUPP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SUPP has been the more volatile fund, with annualized monthly volatility of 19.6% 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 -25.3% for SUPP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GPIX charges 0.29% per year while SUPP charges 0.75%. On a $10,000 position that is $29 vs $75 annually, a gap of $46 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 0.00% for SUPP.
Holdings Overlap
16.6% of GPIX's money is in holdings SUPP also owns. 51.5% of SUPP's money is in holdings GPIX also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 491 positions we hold weights for in GPIX and 27 in SUPP, against full books of 496 and 54.
What only one of them owns
Our book lists 8 positions for SUPP that do not appear in our book for GPIX (23.6% of the fund), and 454 for GPIX that do not appear in SUPP (82.9%).
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 SUPP | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.14% | 8.81% | 0.67% |
| AMZNAmazon.Com Inc | 3.83% | 5.12% | 1.29% |
| LRCXLam Research Corp | 0.61% | 6.55% | 5.94% |
| ETNEaton Corp Plc | 0.21% | 6.58% | 6.37% |
| AVGOBroadcom Inc | 2.51% | 1.95% | 0.56% |
| TTTrane Technologies PLC|125 | 0.21% | 4.01% | 3.80% |
| TDGTransdigm Group Inc. | 0.06% | 4.00% | 3.94% |
| MLMMartin Marietta Materials Inc. | 0.03% | 3.70% | 3.67% |
| CATCaterpillar, Inc. | 0.63% | 2.37% | 1.74% |
| CSXCsx Corp. | 0.14% | 2.13% | 1.99% |
51.5% of SUPP 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 SUPP?
GPIX has an expense ratio of 0.29% while SUPP charges 0.75%. GPIX is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, GPIX or SUPP?
Over the past year GPIX returned +17.92% vs +7.67% for SUPP, 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 SUPP?
SUPP has been the more volatile fund at 19.6% annualized versus 10.5% for GPIX. Worst drawdown: GPIX -17.5% vs SUPP -25.3%.
Should I hold both GPIX and SUPP?
GPIX and SUPP have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GPIX and SUPP?
51.5% of SUPP's money is in holdings GPIX also owns. 51.5% of SUPP's is in holdings GPIX also owns. They hold 14 positions in common, counted across the 491 positions we hold weights for in GPIX and 27 in SUPP.
Which pays a higher dividend, GPIX or SUPP?
GPIX yields 8.16% while SUPP yields 0.00%, so GPIX currently pays the higher dividend yield.
Is SUPP better than GPIX?
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 59.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.