GPIX vs VNSE
Goldman Sachs S&P 500 Premium Income ETF vs Natixis Vaughan Nelson Select ETF
Which is better, GPIX or VNSE?
GPIX has been ahead.
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.94. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 55.2%.
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 | VNSE |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.80% |
| AUM | $6.3B | $15M |
| Dividend Yield | 8.16% | 0.20% |
| Holdings | 496 | 29 |
| YTD Return | +13.52%Best | +9.71% |
| 1Y Return | +17.92%Best | +10.82% |
| 3Y Return (annualized) | +23.39%Best | +15.12% |
| 5Y Return (annualized) | - | +9.11% |
| Volatility (annualized) | 10.5%Best | 14.3% |
| Max Drawdown | -17.5%Best | -20.9% |
| $10,000 over 3 years | $18,786Best | $16,173 |
| Top 10 Weight | 38.9%Best | 55.2% |
| Fund Family | Goldman Sachs Asset Management | Natixis Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Sep 17, 2020 |
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 VNSE 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 VNSE Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and Natixis Vaughan Nelson Select ETF (VNSE) is an ETF from Natixis Funds. Over the past year GPIX returned +17.92% while VNSE returned +10.82%. Year to date, GPIX is up 13.52% versus a gain of 9.71% for VNSE.
Over three years, GPIX compounded at +23.39% per year against +15.12% for VNSE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VNSE has been the more volatile fund, with annualized monthly volatility of 14.3% 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 -20.9% for VNSE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. 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 VNSE charges 0.80%. On a $10,000 position that is $29 vs $80 annually, a gap of $51 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 0.20% for VNSE.
Holdings Overlap
31.9% of GPIX's money is in holdings VNSE also owns. 80.9% of VNSE's money is in holdings GPIX also owns.
Most of VNSE is already inside GPIX. Owning both mostly buys the same companies twice.
22 positions in common, counted across the 491 positions we hold weights for in GPIX and 27 in VNSE, against full books of 496 and 29.
What only one of them owns
Our book lists 1 positions for VNSE that do not appear in our book for GPIX (2.9% of the fund), and 446 for GPIX that do not appear in VNSE (67.6%).
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 VNSE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.14% | 9.16% | 1.02% |
| AAPLApple, Inc | 7.41% | 4.86% | 2.55% |
| GOOGLAlphabet Inc | 3.25% | 6.57% | 3.32% |
| AMZNAmazon.Com Inc | 3.83% | 4.69% | 0.86% |
| LLYEli Lilly & Co. | 1.36% | 6.18% | 4.82% |
| XOMExxonmobil Corp. | 1.08% | 5.16% | 4.08% |
| METAMeta Platforms Inc | 1.47% | 3.96% | 2.49% |
| JPMJpmorgan Chase | 1.47% | 3.13% | 1.66% |
| ETNEaton Corp Plc | 0.21% | 4.01% | 3.80% |
| VVisa Inc Class A | 0.99% | 3.08% | 2.09% |
80.9% of VNSE 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 VNSE?
GPIX has an expense ratio of 0.29% while VNSE charges 0.80%. GPIX is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, GPIX or VNSE?
Over the past year GPIX returned +17.92% vs +10.82% for VNSE, 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 VNSE?
VNSE has been the more volatile fund at 14.3% annualized versus 10.5% for GPIX. Worst drawdown: GPIX -17.5% vs VNSE -20.9%.
Should I hold both GPIX and VNSE?
GPIX and VNSE have a monthly-return correlation of 0.94, 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 VNSE?
80.9% of VNSE's money is in holdings GPIX also owns. 80.9% of VNSE's is in holdings GPIX also owns. They hold 22 positions in common, counted across the 491 positions we hold weights for in GPIX and 27 in VNSE.
Which pays a higher dividend, GPIX or VNSE?
GPIX yields 8.16% while VNSE yields 0.20%, so GPIX currently pays the higher dividend yield.
Is VNSE better than GPIX?
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.94. GPIX is less concentrated, with 38.9% of the fund in its ten largest positions against 55.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.