GPIX vs IVVB
Goldman Sachs S&P 500 Premium Income ETF vs iShares Large Cap Deep Quarterly Laddered ETF
Which is better, GPIX or IVVB?
Nearly the same fund. GPIX costs less.
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | GPIX | IVVB |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.50% |
| AUM | $6.3B | $141M |
| Dividend Yield | 8.16% | 1.15% |
| Holdings | 496 | 14 |
| YTD Return | +13.52%Best | +7.55% |
| 1Y Return | +17.92%Best | +9.20% |
| 3Y Return (annualized) | +23.39%Best | +12.90% |
| Volatility (annualized) | 10.5% | 8.2%Best |
| Max Drawdown | -17.5% | -13.1%Best |
| $10,000 over 3 years | $18,786Best | $14,968 |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Jun 28, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 26, 2023 to Oct 14, 2026 (3 years).
GPIX vs IVVB 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.
GPIX vs IVVB Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and iShares Large Cap Deep Quarterly Laddered ETF (IVVB) is an ETF from iShares by BlackRock (US). Over the past year GPIX returned +17.92% while IVVB returned +9.20%. Year to date, GPIX is up 13.52% versus a gain of 7.55% for IVVB.
Over three years, GPIX compounded at +23.39% per year against +12.90% for IVVB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GPIX has been the more volatile fund, with annualized monthly volatility of 10.5% compared with 8.2% for IVVB. 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 -13.1% for IVVB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. 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 IVVB charges 0.50%. On a $10,000 position that is $29 vs $50 annually, a gap of $21 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 1.15% for IVVB.
Holdings Overlap
We hold position weights for 491 holdings in GPIX and 3 in IVVB, totalling 100.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 491 positions we hold weights for in GPIX and 3 in IVVB, against full books of 496 and 14.
You are not choosing between two funds in isolation.
Whichever of GPIX and IVVB you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GPIX or IVVB?
GPIX has an expense ratio of 0.29% while IVVB charges 0.50%. GPIX is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, GPIX or IVVB?
Over the past year GPIX returned +17.92% vs +9.20% for IVVB, so GPIX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPIX or IVVB?
GPIX has been the more volatile fund at 10.5% annualized versus 8.2% for IVVB. Worst drawdown: GPIX -17.5% vs IVVB -13.1%.
Should I hold both GPIX and IVVB?
GPIX and IVVB have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, GPIX or IVVB?
GPIX yields 8.16% while IVVB yields 1.15%, so GPIX currently pays the higher dividend yield.
Is IVVB better than GPIX?
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.