BAMY vs. GPIX
Compare and contrast key facts about Brookstone Yield ETF (BAMY) and Goldman Sachs S&P 500 Core Premium Income ETF (GPIX).
BAMY and GPIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BAMY is an actively managed fund by Brookstone. It was launched on Sep 27, 2023. 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: BAMY or GPIX.
Correlation
The correlation between BAMY and GPIX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BAMY vs. GPIX - Performance Comparison
Key characteristics
BAMY:
1.97
GPIX:
1.94
BAMY:
2.70
GPIX:
2.62
BAMY:
1.41
GPIX:
1.38
BAMY:
2.61
GPIX:
3.05
BAMY:
10.96
GPIX:
13.41
BAMY:
0.92%
GPIX:
1.59%
BAMY:
5.14%
GPIX:
10.96%
BAMY:
-4.41%
GPIX:
-6.97%
BAMY:
-0.02%
GPIX:
-0.28%
Returns By Period
In the year-to-date period, BAMY achieves a 1.55% return, which is significantly lower than GPIX's 3.88% return.
BAMY
1.55%
0.60%
6.01%
10.59%
N/A
N/A
GPIX
3.88%
1.34%
10.52%
21.71%
N/A
N/A
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BAMY vs. GPIX - Expense Ratio Comparison
BAMY has a 1.48% expense ratio, which is higher than GPIX's 0.29% expense ratio.
Risk-Adjusted Performance
BAMY vs. GPIX — Risk-Adjusted Performance Rank
BAMY
GPIX
BAMY vs. GPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookstone Yield ETF (BAMY) 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.
Dividends
BAMY vs. GPIX - Dividend Comparison
BAMY's dividend yield for the trailing twelve months is around 8.08%, which matches GPIX's 8.05% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
BAMY Brookstone Yield ETF | 8.08% | 8.21% | 1.96% |
GPIX Goldman Sachs S&P 500 Core Premium Income ETF | 8.05% | 7.46% | 1.40% |
Drawdowns
BAMY vs. GPIX - Drawdown Comparison
The maximum BAMY drawdown since its inception was -4.41%, smaller than the maximum GPIX drawdown of -6.97%. Use the drawdown chart below to compare losses from any high point for BAMY and GPIX. For additional features, visit the drawdowns tool.
Volatility
BAMY vs. GPIX - Volatility Comparison
The current volatility for Brookstone Yield ETF (BAMY) is 0.41%, while Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) has a volatility of 2.33%. This indicates that BAMY experiences smaller price fluctuations and is considered to be less risky than GPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.