ADME vs. GPIQ

Last updated Jun 4, 2026

ADME (Aptus Drawdown Managed Equity ETF) and GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) are both exchange-traded funds - ADME is a Hedge Fund fund tracking the Aptus Behavioral Momentum Index, while GPIQ is a Nasdaq-100 fund actively managed by Goldman Sachs. ADME is passively managed, while GPIQ is actively managed. Over the past year, ADME returned 20.89% vs 37.50% for GPIQ. Their correlation of 0.91 suggests significant overlap in exposure. ADME charges 0.79%/yr vs 0.29%/yr for GPIQ.

Performance

ADME vs. GPIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus Drawdown Managed Equity ETF (ADME) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADME achieves a 9.81% return, which is significantly lower than GPIQ's 18.30% return.

ADME

• 1D: -0.72%
• 1M: 4.45%
• YTD: 9.81%
• 6M: 8.93%
• 1Y: 20.89%
• 3Y*: 17.40%
• 5Y*: 8.23%
• 10Y*: —

GPIQ

• 1D: -0.19%
• 1M: 8.51%
• YTD: 18.30%
• 6M: 17.64%
• 1Y: 37.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADME vs. GPIQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ADME Aptus Drawdown Managed Equity ETF	9.81%	10.28%	22.11%	13.10%
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	18.30%	19.77%	23.22%	15.38%

Correlation

The correlation between ADME and GPIQ is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023	0.91

The correlation between ADME and GPIQ has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

ADME vs. GPIQ - Sectors Allocation Comparison

Sectors	ADME	GPIQ
Technology	35.2%	53.8%
Financial Services	11.9%	0.2%
Communication Services	11.3%	15.8%
Consumer Cyclical	10.2%	12.3%
Healthcare	8.4%	4.2%
Industrials	8.3%	2.9%
Consumer Defensive	5.0%	7.7%
Energy	3.6%	0.6%
Utilities	2.3%	1.4%
Real Estate	2.0%	0.1%
Basic Materials	1.7%	1.1%

Return for Risk

ADME vs. GPIQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADME

ADME Risk / Return Rank: 62
ADME Sharpe Ratio Rank: 62
ADME Sortino Ratio Rank: 64
ADME Omega Ratio Rank: 60
ADME Calmar Ratio Rank: 56
ADME Martin Ratio Rank: 66

GPIQ

GPIQ Risk / Return Rank: 81
GPIQ Sharpe Ratio Rank: 84
GPIQ Sortino Ratio Rank: 81
GPIQ Omega Ratio Rank: 82
GPIQ Calmar Ratio Rank: 77
GPIQ Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADME vs. GPIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus Drawdown Managed Equity ETF (ADME) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ADME	GPIQ	Difference
Sharpe ratio: Return per unit of total volatility	2.11	2.81	-0.70
Sortino ratio: Return per unit of downside risk	3.01	3.71	-0.71
Omega ratio: Gain probability vs. loss probability	1.37	1.51	-0.13
Calmar ratio: Return relative to maximum drawdown	2.80	3.96	-1.16
Martin ratio: Return relative to average drawdown	12.23	17.48	-5.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADME vs. GPIQ - Sharpe Ratio Comparison

The current ADME Sharpe Ratio is 2.11, which is comparable to the GPIQ Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of ADME and GPIQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ADME	GPIQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	2.81	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	1.78	-1.16

Drawdowns

ADME vs. GPIQ - Drawdown Comparison

The maximum ADME drawdown since its inception was -27.49%, which is greater than GPIQ's maximum drawdown of -21.06%. Use the drawdown chart below to compare losses from any high point for ADME and GPIQ.

Drawdown Indicators

	ADME	GPIQ	Difference
Max Drawdown Largest peak-to-trough decline	-27.49%	-21.06%	-6.43%
Max Drawdown (1Y) Largest decline over 1 year	-7.49%	-9.51%	+2.02%
Max Drawdown (3Y) Largest decline over 3 years	-15.67%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.43%	—	—
Current Drawdown Current decline from peak	-0.72%	-0.19%	-0.53%
Average Drawdown Average peak-to-trough decline	-7.92%	-2.27%	-5.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	2.15%	-0.44%

Volatility

ADME vs. GPIQ - Volatility Comparison

The current volatility for Aptus Drawdown Managed Equity ETF (ADME) is 2.99%, while Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) has a volatility of 3.39%. This indicates that ADME experiences smaller price fluctuations and is considered to be less risky than GPIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADME	GPIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.99%	3.39%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	7.69%	10.44%	-2.75%
Volatility (1Y) Calculated over the trailing 1-year period	9.95%	13.40%	-3.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.87%	17.47%	-4.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.40%	17.47%	-3.07%

ADME vs. GPIQ - Expense Ratio Comparison

ADME has a 0.79% expense ratio, which is higher than GPIQ's 0.29% expense ratio.

Dividends

ADME vs. GPIQ - Dividend Comparison

ADME's dividend yield for the trailing twelve months is around 0.37%, less than GPIQ's 9.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ADME Aptus Drawdown Managed Equity ETF	0.37%	0.38%	0.47%	0.78%	0.73%	0.26%	0.41%	0.70%	0.86%	0.32%	0.69%
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	9.32%	9.81%	9.18%	1.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ADME and GPIQ in my portfolio?

With a correlation of 0.91, ADME and GPIQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ADME or GPIQ?

GPIQ has higher volatility (3.39%) compared to ADME (2.99%). In terms of maximum drawdown, ADME dropped -27.49% vs GPIQ's -21.06%.

Which ETF is better, ADME or GPIQ?

On 1-year performance, GPIQ leads with 37.50% vs 20.89% for ADME. On fees, GPIQ is cheaper at 0.29% per year. On volatility, ADME has been the lower-risk option at 2.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ADME or GPIQ?

Over the 1-year period, GPIQ has performed better with a 37.50% return vs 20.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ADME or GPIQ?

GPIQ is cheaper with a 0.29% expense ratio, compared with 0.79% for ADME.

Which ETF pays a higher dividend yield, ADME or GPIQ?

GPIQ has the higher dividend yield at 9.32%, compared with 0.37% for ADME.

What is the main difference between ADME and GPIQ?

ADME is categorized as Hedge Fund, while GPIQ is Nasdaq-100. They also come from different issuers: Aptus Capital Advisors and Goldman Sachs. Their fees differ too: 0.79% for ADME and 0.29% for GPIQ.

Which has better risk-adjusted returns?

GPIQ currently has the higher Sharpe Ratio (2.81 vs 2.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.