EIRAX vs. GPIX

Last updated Apr 2, 2026

Compare and contrast key facts about Eaton Vance Richard Bernstein All Asset Strategy Fund (EIRAX) and Goldman Sachs S&P 500 Core Premium Income ETF (GPIX).

EIRAX is managed by Eaton Vance. It was launched on Sep 29, 2011. GPIX is an actively managed fund by Goldman Sachs. It was launched on Oct 24, 2023.

Performance

EIRAX vs. GPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Richard Bernstein All Asset Strategy Fund (EIRAX) and Goldman Sachs S&P 500 Core Premium Income ETF (GPIX). The values are adjusted to include any dividend payments, if applicable.

EIRAX vs. GPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EIRAX Eaton Vance Richard Bernstein All Asset Strategy Fund	-1.78%	12.89%	7.68%	10.00%
GPIX Goldman Sachs S&P 500 Core Premium Income ETF	-2.58%	16.25%	21.77%	13.45%

Returns By Period

In the year-to-date period, EIRAX achieves a -1.78% return, which is significantly higher than GPIX's -2.58% return.

EIRAX

• 1D: 2.11%
• 1M: -4.80%
• YTD: -1.78%
• 6M: 0.83%
• 1Y: 10.73%
• 3Y*: 6.83%
• 5Y*: 2.60%
• 10Y*: 5.51%

GPIX

• 1D: 0.63%
• 1M: -3.83%
• YTD: -2.58%
• 6M: 0.32%
• 1Y: 17.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EIRAX vs. GPIX - Expense Ratio Comparison

EIRAX has a 0.93% expense ratio, which is higher than GPIX's 0.29% expense ratio.

EIRAX

Eaton Vance Richard Bernstein All Asset Strategy Fund

GPIX

Goldman Sachs S&P 500 Core Premium Income ETF

Return for Risk

EIRAX vs. GPIX — Risk / Return Rank

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

EIRAX

EIRAX Risk / Return Rank: 59
EIRAX Sharpe Ratio Rank: 58
EIRAX Sortino Ratio Rank: 60
EIRAX Omega Ratio Rank: 54
EIRAX Calmar Ratio Rank: 59
EIRAX Martin Ratio Rank: 65

GPIX

GPIX Risk / Return Rank: 62
GPIX Sharpe Ratio Rank: 55
GPIX Sortino Ratio Rank: 58
GPIX Omega Ratio Rank: 67
GPIX Calmar Ratio Rank: 58
GPIX Martin Ratio Rank: 73

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.

EIRAX vs. GPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Richard Bernstein All Asset Strategy Fund (EIRAX) 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.

	EIRAX	GPIX	Difference
Sharpe ratio Return per unit of total volatility	1.11	1.02	+0.10
Sortino ratio Return per unit of downside risk	1.63	1.54	+0.08
Omega ratio Gain probability vs. loss probability	1.23	1.25	-0.03
Calmar ratio Return relative to maximum drawdown	1.46	1.53	-0.07
Martin ratio Return relative to average drawdown	6.43	7.95	-1.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EIRAX vs. GPIX - Sharpe Ratio Comparison

The current EIRAX Sharpe Ratio is 1.11, which is comparable to the GPIX Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of EIRAX and GPIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EIRAX	GPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	1.02	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	1.45	-0.84

Correlation

The correlation between EIRAX and GPIX is 0.84, 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.

Dividends

EIRAX vs. GPIX - Dividend Comparison

EIRAX's dividend yield for the trailing twelve months is around 2.85%, less than GPIX's 8.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIRAX Eaton Vance Richard Bernstein All Asset Strategy Fund	2.85%	2.80%	2.35%	2.58%	1.11%	5.68%	3.13%	7.42%	2.98%	2.35%	0.73%	1.59%
GPIX Goldman Sachs S&P 500 Core Premium Income ETF	8.66%	8.01%	7.45%	1.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EIRAX vs. GPIX - Drawdown Comparison

The maximum EIRAX drawdown since its inception was -19.85%, which is greater than GPIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for EIRAX and GPIX.

Drawdown Indicators

	EIRAX	GPIX	Difference
Max Drawdown Largest peak-to-trough decline	-19.85%	-17.50%	-2.35%
Max Drawdown (1Y) Largest decline over 1 year	-7.73%	-11.54%	+3.81%
Max Drawdown (5Y) Largest decline over 5 years	-19.85%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-19.85%	—	—
Current Drawdown Current decline from peak	-5.79%	-4.53%	-1.26%
Average Drawdown Average peak-to-trough decline	-3.86%	-1.54%	-2.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	2.22%	-0.47%

Volatility

EIRAX vs. GPIX - Volatility Comparison

The current volatility for Eaton Vance Richard Bernstein All Asset Strategy Fund (EIRAX) is 4.63%, while Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) has a volatility of 5.11%. This indicates that EIRAX 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.

Volatility by Period

	EIRAX	GPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.63%	5.11%	-0.48%
Volatility (6M) Calculated over the trailing 6-month period	6.91%	8.44%	-1.53%
Volatility (1Y) Calculated over the trailing 1-year period	10.04%	17.02%	-6.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.69%	14.06%	-5.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.06%	14.06%	-5.00%