GPIQ vs VTI
Goldman Sachs Nasdaq-100 Premium Income ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, GPIQ or VTI?
VTI has been ahead.
VTI has a lower expense ratio. VTI led over 1Y, 3Y and the full window. VTI is less concentrated, with 34.6% of the fund in its ten largest positions against 47.9%.
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 | GPIQ | VTI |
|---|---|---|
| Expense Ratio | 0.29% | 0.03%Best |
| AUM | $6.4B | $689.2B |
| Dividend Yield | 10.29% | 1.06% |
| Holdings | 218 | 3,542 |
| YTD Return | +11.26% | +12.23%Best |
| 1Y Return | +11.13% | +12.74%Best |
| 3Y Return (annualized) | +20.48% | +21.44%Best |
| 5Y Return (annualized) | - | +10.83% |
| Volatility (annualized) | 14.4% | 12.5%Best |
| Max Drawdown | -21.1% | -19.3%Best |
| $10,000 over 3 years | $18,736 | $18,864Best |
| Top 10 Weight | 47.9% | 34.6%Best |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 26, 2023 to Nov 11, 2026 (3 years).
GPIQ vs VTI 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.
GPIQ vs VTI Performance
Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is an ETF from Goldman Sachs Asset Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year GPIQ returned +11.13% while VTI returned +12.74%. Year to date, GPIQ is up 11.26% versus a gain of 12.23% for VTI.
Over three years, GPIQ compounded at +20.48% per year against +21.44% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GPIQ has been the more volatile fund, with annualized monthly volatility of 14.4% compared with 12.5% for VTI. 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 -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GPIQ 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, GPIQ currently yields 10.29% against 1.06% for VTI.
Holdings Overlap
97.3% of GPIQ's money is in holdings VTI also owns. 49.9% of VTI's money is in holdings GPIQ also owns.
Most of GPIQ is already inside VTI. Owning both mostly buys the same companies twice.
91 positions in common, counted across the 102 positions we hold weights for in GPIQ and 3,464 in VTI, against full books of 218 and 3,542.
What only one of them owns
Our book lists 1,038 positions for VTI that do not appear in our book for GPIQ (47.0% of the fund), and 5 for GPIQ that do not appear in VTI (1.4%).
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 GPIQ | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.52% | 7.13% | 1.39% |
| AAPLApple Inc | 7.40% | 6.63% | 0.77% |
| MSFTMicrosoft Corp | 5.84% | 5.19% | 0.65% |
| AMZNAmazon.Com Inc | 4.04% | 3.30% | 0.74% |
| MUMicron Technology, Inc. | 5.20% | 1.64% | 3.56% |
| GOOGLAlphabet Inc | 3.79% | 2.76% | 1.03% |
| AMDAdvanced Micro Devices Inc | 4.31% | 1.36% | 2.95% |
| METAMeta Platforms Inc | 3.37% | 2.18% | 1.19% |
| AVGOBroadcom Inc | 2.55% | 2.28% | 0.27% |
| GOOGAlphabet Inc. C | 2.00% | 2.18% | 0.18% |
97.3% of GPIQ is already inside VTI.
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, GPIQ or VTI?
GPIQ has an expense ratio of 0.29% while VTI charges 0.03%. VTI is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, GPIQ or VTI?
Over the past year GPIQ returned +11.13% vs +12.74% for VTI, so VTI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPIQ or VTI?
GPIQ has been the more volatile fund at 14.4% annualized versus 12.5% for VTI. Worst drawdown: GPIQ -21.1% vs VTI -19.3%.
Should I hold both GPIQ and VTI?
GPIQ and VTI have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GPIQ and VTI?
97.3% of GPIQ's money is in holdings VTI also owns. 49.9% of VTI's is in holdings GPIQ also owns. They hold 91 positions in common, counted across the 102 positions we hold weights for in GPIQ and 3,464 in VTI.
Which pays a higher dividend, GPIQ or VTI?
GPIQ yields 10.29% while VTI yields 1.06%, so GPIQ currently pays the higher dividend yield.
Is VTI better than GPIQ?
VTI has a lower expense ratio. VTI led over 1Y, 3Y and the full window. VTI is less concentrated, with 34.6% of the fund in its ten largest positions against 47.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.