GPIQ vs VYM
GPIQ vs VYM
Goldman Sachs Nasdaq-100 Premium Income ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | GPIQ | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.04% | |
| AUM | $5.1B | $79.0B | |
| Dividend Yield | 9.56% | 2.86% | |
| Holdings | 107 | 568 | |
| YTD Return | +15.44% | +15.80% | |
| 1Y Return | +25.29% | +26.12% | |
| 3Y Return (annualized) | - | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 14.3% | 14.6% | |
| Max Drawdown | -21.1% | -58.8% | |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 24, 2023 | Nov 10, 2006 |
GPIQ vs VYM Performance
Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is a ETF from Goldman Sachs Asset Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GPIQ returned +25.29% while VYM returned +26.12%. Year to date, GPIQ is up 15.44% versus a gain of 15.80% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 14.3% for GPIQ. 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 -21.1% for GPIQ and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GPIQ charges 0.29% per year while VYM charges 0.04%. On a $10,000 position that is $29 vs $4 annually, a gap of $25 per year that compounds over a long holding period. On income, GPIQ currently yields 9.56% against 2.86% for VYM.
Holdings Overlap
GPIQ and VYM share 27 holdings out of 634 unique holdings combined, representing a 15.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GPIQ | Weight in VYM | Difference |
|---|---|---|---|
| AVGO | 2.70% | 6.47% | 3.77% |
| WMT | 1.88% | 2.44% | 0.56% |
| CSCO | 2.02% | 1.39% | 0.63% |
| TXN | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| ADI | Pro | Pro | Pro |
| GILD | Pro | Pro | Pro |
| QCOM | Pro | Pro | Pro |
| STX | Pro | Pro | Pro |
See all 10 holdings GPIQ shares with VYM Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, GPIQ or VYM?
GPIQ has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, GPIQ or VYM?
Over the past year GPIQ returned +25.29% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), GPIQ annualized +27.42% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, GPIQ or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 14.3% for GPIQ. Worst drawdown: GPIQ -21.1% vs VYM -58.8%.
Should I hold both GPIQ and VYM?
GPIQ and VYM have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GPIQ and VYM?
GPIQ and VYM share 27 common holdings with a 15.7% weight overlap. Combined, they hold 634 unique securities.
Which pays a higher dividend, GPIQ or VYM?
GPIQ yields 9.56% while VYM yields 2.86%, so GPIQ currently pays the higher dividend yield.
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