EGO vs. GPIX

Last updated Jun 9, 2026

EGO (Eldorado Gold Corporation) is a stock, while GPIX (Goldman Sachs S&P 500 Premium Income ETF) is Derivative Income fund actively managed by Goldman Sachs. Over the past year, EGO returned 41.91% vs 22.98% for GPIX. At a 0.22 correlation, their price movements are largely independent.

Performance

EGO vs. GPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eldorado Gold Corporation (EGO) and Goldman Sachs S&P 500 Premium Income ETF (GPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EGO achieves a -16.52% return, which is significantly lower than GPIX's 8.17% return.

EGO

• 1D: 0.95%
• 1M: -12.34%
• YTD: -16.52%
• 6M: -2.86%
• 1Y: 41.91%
• 3Y*: 45.33%
• 5Y*: 21.45%
• 10Y*: 3.08%

GPIX

• 1D: 0.29%
• 1M: 0.38%
• YTD: 8.17%
• 6M: 8.56%
• 1Y: 22.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EGO vs. GPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EGO Eldorado Gold Corporation	-16.52%	141.56%	14.65%	31.28%
GPIX Goldman Sachs S&P 500 Premium Income ETF	8.17%	16.25%	21.77%	13.45%

Correlation

The correlation between EGO and GPIX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023	0.22

Return for Risk

EGO vs. GPIX — Risk / Return Rank

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

EGO

EGO Risk / Return Rank: 64
EGO Sharpe Ratio Rank: 68
EGO Sortino Ratio Rank: 62
EGO Omega Ratio Rank: 62
EGO Calmar Ratio Rank: 63
EGO Martin Ratio Rank: 64

GPIX

GPIX Risk / Return Rank: 76
GPIX Sharpe Ratio Rank: 76
GPIX Sortino Ratio Rank: 75
GPIX Omega Ratio Rank: 79
GPIX Calmar Ratio Rank: 66
GPIX Martin Ratio Rank: 82

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.

EGO vs. GPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eldorado Gold Corporation (EGO) and Goldman Sachs S&P 500 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.

	EGO	GPIX	Difference
Sharpe ratio: Return per unit of total volatility	0.82	2.22	-1.41
Sortino ratio: Return per unit of downside risk	1.29	3.03	-1.74
Omega ratio: Gain probability vs. loss probability	1.17	1.42	-0.25
Calmar ratio: Return relative to maximum drawdown	1.01	2.99	-1.99
Martin ratio: Return relative to average drawdown	2.36	14.96	-12.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EGO vs. GPIX - Sharpe Ratio Comparison

The current EGO Sharpe Ratio is 0.82, which is lower than the GPIX Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of EGO and GPIX, 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

	EGO	GPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	2.22	-1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	1.71	-1.61

Drawdowns

EGO vs. GPIX - Drawdown Comparison

The maximum EGO drawdown since its inception was -97.49%, which is greater than GPIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for EGO and GPIX.

Drawdown Indicators

	EGO	GPIX	Difference
Max Drawdown Largest peak-to-trough decline	-97.49%	-17.50%	-79.99%
Max Drawdown (1Y) Largest decline over 1 year	-41.89%	-7.71%	-34.18%
Max Drawdown (3Y) Largest decline over 3 years	-41.89%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-57.70%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-89.45%	—	—
Current Drawdown Current decline from peak	-71.44%	-2.06%	-69.38%
Average Drawdown Average peak-to-trough decline	-55.68%	-1.48%	-54.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.77%	1.54%	+16.23%

Volatility

EGO vs. GPIX - Volatility Comparison

Eldorado Gold Corporation (EGO) has a higher volatility of 17.23% compared to Goldman Sachs S&P 500 Premium Income ETF (GPIX) at 3.07%. This indicates that EGO'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.

Volatility by Period

	EGO	GPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.23%	3.07%	+14.16%
Volatility (6M) Calculated over the trailing 6-month period	43.00%	8.22%	+34.78%
Volatility (1Y) Calculated over the trailing 1-year period	51.63%	10.40%	+41.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.81%	13.84%	+31.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.33%	13.84%	+41.49%

Dividends

EGO vs. GPIX - Dividend Comparison

EGO's dividend yield for the trailing twelve months is around 0.50%, less than GPIX's 8.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EGO Eldorado Gold Corporation	0.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.40%	0.00%	0.67%
GPIX Goldman Sachs S&P 500 Premium Income ETF	8.13%	8.01%	7.45%	1.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EGO and GPIX in my portfolio?

EGO and GPIX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGO or GPIX?

EGO has higher volatility (17.23%) compared to GPIX (3.07%). In terms of maximum drawdown, EGO dropped -97.49% vs GPIX's -17.50%.

Which has better risk-adjusted returns?

GPIX currently has the higher Sharpe Ratio (2.22 vs 0.82), 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.