GPIX vs VYM
GPIX vs VYM
Goldman Sachs S&P 500 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 | GPIX | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.04% | |
| AUM | $4.9B | $79.0B | |
| Dividend Yield | 8.15% | 2.86% | |
| Holdings | 496 | 568 | |
| YTD Return | +10.43% | +13.82% | |
| 1Y Return | +19.97% | +24.08% | |
| 3Y Return (annualized) | - | +17.72% | |
| 5Y Return (annualized) | - | +12.13% | |
| Volatility (annualized) | 10.8% | 14.6% | |
| Max Drawdown | -17.5% | -58.8% | |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 24, 2023 | Nov 10, 2006 |
GPIX vs VYM Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) 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 GPIX returned +19.97% while VYM returned +24.08%. Year to date, GPIX is up 10.43% versus a gain of 13.82% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 10.8% 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 -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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GPIX charges 0.29% per year while 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, GPIX currently yields 8.15% against 2.86% for VYM.
Holdings Overlap
GPIX and VYM share 223 holdings out of 828 unique holdings combined, representing a 33.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GPIX | Weight in VYM | Difference |
|---|---|---|---|
| AVGO | 2.75% | 6.47% | 3.72% |
| JPM | 1.41% | 3.36% | 1.95% |
| XOM | 0.99% | 2.83% | 1.84% |
| JNJ | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| ABBV | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
See all 10 holdings GPIX 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, GPIX or VYM?
GPIX 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, GPIX or VYM?
Over the past year GPIX returned +19.97% vs +24.08% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), GPIX annualized +24.01% vs +6.98% for VYM. Past performance does not guarantee future results.
Which is riskier, GPIX or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 10.8% for GPIX. Worst drawdown: GPIX -17.5% vs VYM -58.8%.
Should I hold both GPIX and VYM?
GPIX and VYM have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GPIX and VYM?
GPIX and VYM share 223 common holdings with a 33.6% weight overlap. Combined, they hold 828 unique securities.
Which pays a higher dividend, GPIX or VYM?
GPIX yields 8.15% while VYM yields 2.86%, so GPIX currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.