GPIX vs VYM
Goldman Sachs S&P 500 Premium Income ETF vs Vanguard High Dividend Yield ETF
Which is better, GPIX or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 38.9%.
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 | GPIX | VYM |
|---|---|---|
| Expense Ratio | 0.29% | 0.04%Best |
| AUM | $6.0B | $83.1B |
| Dividend Yield | 8.05% | 2.22% |
| Holdings | 496 | 608 |
| YTD Return | +14.49%Best | +11.86% |
| 1Y Return | +18.66%Best | +16.81% |
| 3Y Return (annualized) | +23.77%Best | +18.64% |
| 5Y Return (annualized) | - | +11.86% |
| Volatility (annualized) | 10.5%Best | 10.9% |
| Max Drawdown | -17.5% | -14.5%Best |
| $10,000 over 3 years | $18,960Best | $17,336 |
| Top 10 Weight | 38.9% | 26.1%Best |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Oct 24, 2023 | Nov 10, 2006 |
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 13, 2026 (3 years).
GPIX vs VYM 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 VYM Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year GPIX returned +18.66% while VYM returned +16.81%. Year to date, GPIX is up 14.49% versus a gain of 11.86% for VYM.
Over three years, GPIX compounded at +23.77% per year against +18.64% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.9% compared with 10.5% 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 -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. 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 8.05% against 2.22% for VYM.
Holdings Overlap
33.4% of GPIX's money is in holdings VYM also owns. 89.2% of VYM's money is in holdings GPIX also owns.
Most of VYM is already inside GPIX. Owning both mostly buys the same companies twice.
The two holdings books were reported 46 days apart, GPIX as of Sep 15, 2026 and VYM as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
247 positions in common, counted across the 491 positions we hold weights for in GPIX and 557 in VYM, against full books of 496 and 608.
What only one of them owns
Our book lists 283 positions for VYM that do not appear in our book for GPIX (8.2% of the fund), and 231 for GPIX that do not appear in VYM (66.3%).
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 GPIX | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.51% | 7.35% | 4.84% |
| JPMJpmorgan Chase | 1.47% | 3.82% | 2.35% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.08% | 2.63% | 1.55% |
| JNJJohnson & Johnson - Common | 1.00% | 2.51% | 1.51% |
| ABBVAbbvie Inc. | 0.70% | 1.80% | 1.10% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.59% | 1.86% | 1.27% |
| BACBank of America Corp.: Financials | 0.64% | 1.66% | 1.02% |
| CVXChevron Corp | 0.65% | 1.48% | 0.83% |
| CATCaterpillar, Inc. | 0.63% | 1.50% | 0.87% |
| UNHUnitedhealth Group, Inc. | 0.54% | 1.52% | 0.98% |
89.2% of VYM is already inside GPIX.
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, GPIX or VYM?
GPIX has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, GPIX or VYM?
Over the past year GPIX returned +18.66% vs +16.81% for VYM, 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 VYM?
VYM has been the more volatile fund at 10.9% annualized versus 10.5% for GPIX. Worst drawdown: GPIX -17.5% vs VYM -14.5%.
Should I hold both GPIX and VYM?
GPIX and VYM have a monthly-return correlation of 0.76, 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 GPIX and VYM?
89.2% of VYM's money is in holdings GPIX also owns. 89.2% of VYM's is in holdings GPIX also owns. They hold 247 positions in common, counted across the 491 positions we hold weights for in GPIX and 557 in VYM.
Which pays a higher dividend, GPIX or VYM?
GPIX yields 8.05% while VYM yields 2.22%, so GPIX currently pays the higher dividend yield.
Is VYM better than GPIX?
VYM has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.