GPIX vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricGPIXVTIWinner
Expense Ratio0.29%0.03%
AUM$4.9B$663.5B
Dividend Yield8.15%1.07%
Holdings4963,543
YTD Return+10.01%+10.14%
1Y Return+19.44%+19.82%
3Y Return (annualized)-+18.94%
5Y Return (annualized)-+11.79%
Volatility (annualized)10.9%15.4%
Max Drawdown-17.5%-56.6%
Fund FamilyGoldman Sachs Asset ManagementVanguard (US)
CategoryEquityEquity
InceptionOct 24, 2023May 24, 2001

GPIX vs VTI Performance

Goldman Sachs S&P 500 Premium Income ETF (GPIX) is a ETF from Goldman Sachs Asset Management and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year GPIX returned +19.44% while VTI returned +19.82%. Year to date, GPIX is up 10.01% versus a gain of 10.14% for VTI.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 10.9% 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 -56.6% for VTI. 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 0.99. 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 VTI charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, GPIX currently yields 8.15% against 1.07% for VTI.

Holdings Overlap

81.9%overlap

GPIX and VTI share 456 holdings out of 2820 unique holdings combined, representing a 81.9% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in GPIXWeight in VTIDifference
NVDA7.26%6.32%0.94%
AAPL6.98%5.84%1.14%
MSFT4.10%3.81%0.29%
GOOGLProProPro
AMZNProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
TSLAProProPro
MUProProPro
See all 10 holdings GPIX shares with VTI
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Frequently Asked Questions

Which is cheaper, GPIX or VTI?

GPIX has an expense ratio of 0.29% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $26 per year of difference.

Which performed better, GPIX or VTI?

Over the past year GPIX returned +19.44% vs +19.82% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (3 years), GPIX annualized +23.92% vs +7.99% for VTI. Past performance does not guarantee future results.

Which is riskier, GPIX or VTI?

VTI has been the more volatile fund at 15.4% annualized versus 10.9% for GPIX. Worst drawdown: GPIX -17.5% vs VTI -56.6%.

Should I hold both GPIX and VTI?

GPIX and VTI have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between GPIX and VTI?

GPIX and VTI share 456 common holdings with a 81.9% weight overlap. Combined, they hold 2820 unique securities.

Which pays a higher dividend, GPIX or VTI?

GPIX yields 8.15% while VTI yields 1.07%, so GPIX currently pays the higher dividend yield.

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