GPIX vs TENM
Goldman Sachs S&P 500 Premium Income ETF vs iShares Large Cap 10% Target Buffer Mar ETF
Which is better, GPIX or TENM?
Nearly the same fund. GPIX costs less.
GPIX has a lower expense ratio. GPIX led over 1Y. The two have moved almost in lockstep, correlation 0.99.
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 | TENM |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.50% |
| AUM | $6.3B | $47M |
| Dividend Yield | 8.16% | 0.27% |
| Holdings | 496 | 8 |
| YTD Return | +13.52%Best | +9.71% |
| 1Y Return | +17.92%Best | +11.85% |
| 3Y Return (annualized) | +23.39% | - |
| Volatility (annualized) | 11.0% | 7.0%Best |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Oct 21, 2025 |
Not shown on this pair: 5Y Return (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
GPIX vs TENM 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GPIX vs TENM Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and iShares Large Cap 10% Target Buffer Mar ETF (TENM) is an ETF from iShares by BlackRock (US). Over the past year GPIX returned +17.92% while TENM returned +11.85%. Year to date, GPIX is up 13.52% versus a gain of 9.71% for TENM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GPIX has been the more volatile fund, with annualized monthly volatility of 11.0% compared with 7.0% for TENM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
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 TENM charges 0.50%. On a $10,000 position that is $29 vs $50 annually, a gap of $21 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 0.27% for TENM.
Holdings Overlap
We hold position weights for 491 holdings in GPIX and 2 in TENM, totalling 100.0% and 104.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 491 positions we hold weights for in GPIX and 2 in TENM, against full books of 496 and 8.
You are not choosing between two funds in isolation.
Whichever of GPIX and TENM 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 TENM?
GPIX has an expense ratio of 0.29% while TENM charges 0.50%. GPIX is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, GPIX or TENM?
Over the past year GPIX returned +17.92% vs +11.85% for TENM, 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 TENM?
GPIX has been the more volatile fund at 11.0% annualized versus 7.0% for TENM.
Should I hold both GPIX and TENM?
GPIX and TENM 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.
Which pays a higher dividend, GPIX or TENM?
GPIX yields 8.16% while TENM yields 0.27%, so GPIX currently pays the higher dividend yield.
Is TENM better than GPIX?
GPIX has a lower expense ratio. GPIX led over 1Y. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.