Compare/Updated Oct 26, 2026, refreshed every trading day
GPIX vs GPIQ
Goldman Sachs S&P 500 Premium Income ETF against Goldman Sachs Nasdaq-100 Premium Income ETF: 3 years of returns, risk and today’s technical read, from Kavout’s own data.
GPIX and GPIQ delivered virtually identical results over the period, but GPIX edged out GPIQ: $1,000 grew to $6,760 versus $6,758, a total-return advantage of 0.2 percentage points. GPIQ had the stronger recent performance over one month, YTD, and one year, while GPIX led over three and six months. The main difference is risk: GPIX’s trailing 12-month volatility was 11.1%, compared with 17.3% for GPIQ, making GPIX the more stable fund despite its slightly lower one-year return. Both had a reported worst drawdown of -100.0% from October 19 to October 25, 2023, and both charge a 0.35% expense ratio. Their daily moves were perfectly correlated over the comparison period and 0.918 over the last 12 months, so the choice primarily reflects GPIQ’s higher recent return potential versus GPIX’s lower volatility.
- Price is above its 200-day average ($53); 50-day at $56.
- RSI 44, neutral. Supertrend says buy. ADX 15, so the trend is weak.
- Price is above its 200-day average ($54); 50-day at $57.
- RSI 37, neutral. Supertrend says sell. ADX 24, so the trend is developing.
Head to head
Which has returned more, GPIX or GPIQ?
GPIX beat GPIQ in 15 of the last 36 months; GPIQ won the other 21. The typical monthly gap was 1.14 points.
Total return by period
Which is riskier?
Both: Oct 19, 2023 to Oct 25, 2023
- 1.000
- correlation of daily moves, 3 years
- 1.07
- GPIX move per 1% in GPIQ
- 0.918
- correlation, last 12 months
Month by month
Of the last 36 months. The typical gap was 1.14 points.
When did they diverge?
| Month | GPIX | GPIQ | Gap |
|---|---|---|---|
| July 2026 | +0.4% | -5.6% | +5.94 pts |
| May 2026 | +4.4% | +8.5% | -4.10 pts |
| October 2026 | +0.0% | -4.0% | +3.95 pts |
| April 2026 | +8.9% | +12.7% | -3.74 pts |
Where the numbers come from. 753 daily adjusted closes per fund from the Kavout market-data API, dividends included. Signals and indicators are Kavout’s own, refreshed nightly. Every figure is calculated from those adjusted closes.
Holdings and fees
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