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GPIQ vs. FEPI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

GPIQ vs. FEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) and REX FANG & Innovation Equity Premium Income ETF (FEPI). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.43%
5.96%
GPIQ
FEPI

Returns By Period

In the year-to-date period, GPIQ achieves a 20.61% return, which is significantly higher than FEPI's 15.75% return.


GPIQ

YTD

20.61%

1M

1.57%

6M

9.50%

1Y

26.17%

5Y (annualized)

N/A

10Y (annualized)

N/A

FEPI

YTD

15.75%

1M

1.75%

6M

6.17%

1Y

22.69%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


GPIQFEPI
Sharpe Ratio1.791.46
Sortino Ratio2.411.90
Omega Ratio1.341.27
Calmar Ratio2.251.62
Martin Ratio9.135.85
Ulcer Index2.87%3.92%
Daily Std Dev14.71%15.81%
Max Drawdown-11.66%-14.17%
Current Drawdown-2.02%-2.43%

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GPIQ vs. FEPI - Expense Ratio Comparison

GPIQ has a 0.29% expense ratio, which is lower than FEPI's 0.65% expense ratio.


FEPI
REX FANG & Innovation Equity Premium Income ETF
Expense ratio chart for FEPI: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for GPIQ: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

Correlation

-0.50.00.51.00.9

The correlation between GPIQ and FEPI is 0.93, 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.

Risk-Adjusted Performance

GPIQ vs. FEPI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) and REX FANG & Innovation Equity Premium Income ETF (FEPI). 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.


Sharpe ratio
The chart of Sharpe ratio for GPIQ, currently valued at 1.79, compared to the broader market0.002.004.001.791.46
The chart of Sortino ratio for GPIQ, currently valued at 2.41, compared to the broader market-2.000.002.004.006.008.0010.002.411.90
The chart of Omega ratio for GPIQ, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.27
The chart of Calmar ratio for GPIQ, currently valued at 2.25, compared to the broader market0.005.0010.0015.002.251.62
The chart of Martin ratio for GPIQ, currently valued at 9.13, compared to the broader market0.0020.0040.0060.0080.00100.009.135.85
GPIQ
FEPI

The current GPIQ Sharpe Ratio is 1.79, which is comparable to the FEPI Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of GPIQ and FEPI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.401.601.802.002.202.402.60Wed 30NovemberNov 03Tue 05Thu 07Sat 09Mon 11Wed 13Fri 15Nov 17
1.79
1.46
GPIQ
FEPI

Dividends

GPIQ vs. FEPI - Dividend Comparison

GPIQ's dividend yield for the trailing twelve months is around 9.98%, less than FEPI's 26.32% yield.


TTM2023
GPIQ
Goldman Sachs Nasdaq-100 Core Premium Income ETF
9.98%1.74%
FEPI
REX FANG & Innovation Equity Premium Income ETF
26.32%4.21%

Drawdowns

GPIQ vs. FEPI - Drawdown Comparison

The maximum GPIQ drawdown since its inception was -11.66%, smaller than the maximum FEPI drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for GPIQ and FEPI. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.02%
-2.43%
GPIQ
FEPI

Volatility

GPIQ vs. FEPI - Volatility Comparison

Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) and REX FANG & Innovation Equity Premium Income ETF (FEPI) have volatilities of 4.60% and 4.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.60%
4.79%
GPIQ
FEPI