AGGH vs. GPIX
Compare and contrast key facts about Simplify Aggregate Bond ETF (AGGH) and Goldman Sachs S&P 500 Core Premium Income ETF (GPIX).
AGGH and GPIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AGGH is an actively managed fund by Simplify. It was launched on Feb 14, 2022. GPIX is an actively managed fund by Goldman Sachs. It was launched on Oct 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGGH or GPIX.
Key characteristics
| AGGH | GPIX | |
|---|---|---|
| YTD Return | 5.94% | 15.92% |
| Daily Std Dev | 9.58% | 10.73% |
| Max Drawdown | -13.26% | -6.97% |
| Current Drawdown | -0.54% | -0.50% |
Correlation
The correlation between AGGH and GPIX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AGGH vs. GPIX - Performance Comparison
In the year-to-date period, AGGH achieves a 5.94% return, which is significantly lower than GPIX's 15.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AGGH vs. GPIX - Expense Ratio Comparison
AGGH has a 0.33% expense ratio, which is higher than GPIX's 0.29% expense ratio.
Risk-Adjusted Performance
AGGH vs. GPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Aggregate Bond ETF (AGGH) and Goldman Sachs S&P 500 Core Premium Income ETF (GPIX). 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.
Not enough dataDividends
AGGH vs. GPIX - Dividend Comparison
AGGH's dividend yield for the trailing twelve months is around 9.85%, more than GPIX's 6.77% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
AGGH Simplify Aggregate Bond ETF | 9.85% | 9.51% | 2.11% |
GPIX Goldman Sachs S&P 500 Core Premium Income ETF | 6.77% | 1.40% | 0.00% |
Drawdowns
AGGH vs. GPIX - Drawdown Comparison
The maximum AGGH drawdown since its inception was -13.26%, which is greater than GPIX's maximum drawdown of -6.97%. Use the drawdown chart below to compare losses from any high point for AGGH and GPIX. For additional features, visit the drawdowns tool.
Volatility
AGGH vs. GPIX - Volatility Comparison
Simplify Aggregate Bond ETF (AGGH) has a higher volatility of 4.70% compared to Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) at 3.39%. This indicates that AGGH's price experiences larger fluctuations and is considered to be riskier than GPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.