ESLT vs. GPIX
ESLT (Elbit Systems Ltd) 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, ESLT returned 88.74% vs 23.85% for GPIX. At a 0.17 correlation, their price movements are largely independent.
Performance
ESLT vs. GPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ESLT achieves a 48.00% return, which is significantly higher than GPIX's 8.64% return.
ESLT
- 1D
- -6.48%
- 1M
- 13.87%
- YTD
- 48.00%
- 6M
- 66.16%
- 1Y
- 88.74%
- 3Y*
- 60.86%
- 5Y*
- 46.38%
- 10Y*
- 26.53%
GPIX
- 1D
- 0.55%
- 1M
- 0.57%
- YTD
- 8.64%
- 6M
- 9.22%
- 1Y
- 23.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESLT vs. GPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ESLT Elbit Systems Ltd | 48.00% | 125.14% | 22.17% | 13.11% |
GPIX Goldman Sachs S&P 500 Premium Income ETF | 8.64% | 16.25% | 21.77% | 13.04% |
Correlation
The correlation between ESLT and GPIX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023 | 0.17 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ESLT vs. GPIX — Risk / Return Rank
ESLT
GPIX
ESLT vs. GPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Elbit Systems Ltd (ESLT) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESLT | GPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.41 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.83 | 2.97 | +0.87 |
| Martin ratioReturn relative to average drawdown | 10.61 | 14.51 | -3.90 |
Loading charts...
Drawdowns
ESLT vs. GPIX - Drawdown Comparison
The maximum ESLT drawdown since its inception was -53.79%, which is greater than GPIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for ESLT and GPIX.
Loading charts...
Drawdown Indicators
| ESLT | GPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.79% | -17.50% | -36.29% |
Max Drawdown (1Y)Largest decline over 1 year | -25.98% | -7.71% | -18.27% |
Max Drawdown (3Y)Largest decline over 3 years | -25.98% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.89% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.89% | — | — |
Current DrawdownCurrent decline from peak | -15.71% | -1.63% | -14.08% |
Average DrawdownAverage peak-to-trough decline | -13.91% | -1.49% | -12.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.36% | 1.57% | +7.79% |
Volatility
ESLT vs. GPIX - Volatility Comparison
Elbit Systems Ltd (ESLT) has a higher volatility of 19.89% compared to Goldman Sachs S&P 500 Premium Income ETF (GPIX) at 3.77%. This indicates that ESLT'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.
Loading charts...
Volatility by Period
| ESLT | GPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.89% | 3.77% | +16.12% |
Volatility (6M)Calculated over the trailing 6-month period | 35.93% | 8.51% | +27.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.11% | 10.62% | +33.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.66% | 13.86% | +19.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.42% | 13.86% | +15.56% |
Dividends
ESLT vs. GPIX - Dividend Comparison
ESLT's dividend yield for the trailing twelve months is around 0.36%, less than GPIX's 8.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 0.36% | 0.47% | 0.77% | 0.94% | 1.22% | 1.03% | 1.28% | 1.14% | 1.54% | 1.32% | 1.57% | 1.63% |
GPIX Goldman Sachs S&P 500 Premium Income ETF | 8.09% | 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
ESLT and GPIX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESLT has higher volatility (19.89%) compared to GPIX (3.77%). In terms of maximum drawdown, ESLT dropped -53.79% vs GPIX's -17.50%.
ESLT currently has the higher Sharpe Ratio (2.26 vs 2.15), 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.
Find the right allocation for ESLT and GPIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer