GPIX vs. EUDV.L

Last updated Jun 9, 2026

GPIX (Goldman Sachs S&P 500 Premium Income ETF) and EUDV.L (SPDR® S&P Euro Dividend Aristocrats UCITS ETF) are both exchange-traded funds - GPIX is a Derivative Income fund actively managed by Goldman Sachs, while EUDV.L is a Europe Equities fund tracking the MSCI EMU NR EUR. GPIX is actively managed, while EUDV.L is passively managed. Over the past year, GPIX returned 22.98% vs 9.07% for EUDV.L. At a 0.29 correlation, their price movements are largely independent. GPIX charges 0.29%/yr vs 0.30%/yr for EUDV.L.

Performance

GPIX vs. EUDV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs S&P 500 Premium Income ETF (GPIX) and SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GPIX is traded in USD, while EUDV.L is traded in GBP. To make them comparable, the EUDV.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GPIX achieves a 8.17% return, which is significantly higher than EUDV.L's 3.92% return.

GPIX

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

EUDV.L

• 1D: 0.05%
• 1M: -1.50%
• YTD: 3.92%
• 6M: 7.31%
• 1Y: 9.07%
• 3Y*: 16.26%
• 5Y*: 6.87%
• 10Y*: 7.37%

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

GPIX vs. EUDV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GPIX Goldman Sachs S&P 500 Premium Income ETF	8.17%	16.25%	21.77%	13.45%
EUDV.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	3.92%	35.44%	1.88%	17.49%

Correlation

The correlation between GPIX and EUDV.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023	0.29

GPIX vs. EUDV.L - Sectors Allocation Comparison

Sectors	GPIX	EUDV.L
Technology	35.5%	-
Financial Services	11.6%	23.1%
Communication Services	11.5%	6.7%
Consumer Cyclical	10.1%	1.3%
Healthcare	8.4%	5.7%
Industrials	8.4%	22.4%
Consumer Defensive	4.9%	7.9%
Energy	3.5%	2.7%
Utilities	2.4%	19.5%
Real Estate	2.0%	1.9%
Basic Materials	1.8%	8.8%

Return for Risk

GPIX vs. EUDV.L — Risk / Return Rank

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

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

EUDV.L

EUDV.L Risk / Return Rank: 28
EUDV.L Sharpe Ratio Rank: 30
EUDV.L Sortino Ratio Rank: 28
EUDV.L Omega Ratio Rank: 29
EUDV.L Calmar Ratio Rank: 26
EUDV.L Martin Ratio Rank: 28

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.

GPIX vs. EUDV.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs S&P 500 Premium Income ETF (GPIX) and SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L). 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.

	GPIX	EUDV.L	Difference
Sharpe ratio: Return per unit of total volatility	2.22	0.70	+1.52
Sortino ratio: Return per unit of downside risk	3.03	1.04	+1.98
Omega ratio: Gain probability vs. loss probability	1.42	1.13	+0.29
Calmar ratio: Return relative to maximum drawdown	2.99	0.90	+2.09
Martin ratio: Return relative to average drawdown	14.96	2.74	+12.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GPIX vs. EUDV.L - Sharpe Ratio Comparison

The current GPIX Sharpe Ratio is 2.22, which is higher than the EUDV.L Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of GPIX and EUDV.L, 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

	GPIX	EUDV.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	0.70	+1.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.40	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.71	0.33	+1.39

Drawdowns

GPIX vs. EUDV.L - Drawdown Comparison

The maximum GPIX drawdown since its inception was -17.50%, smaller than the maximum EUDV.L drawdown of -39.03%. Use the drawdown chart below to compare losses from any high point for GPIX and EUDV.L.

Drawdown Indicators

	GPIX	EUDV.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.50%	-39.03%	+21.53%
Max Drawdown (1Y) Largest decline over 1 year	-7.71%	-10.01%	+2.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.83%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.03%	—
Current Drawdown Current decline from peak	-2.06%	-4.75%	+2.69%
Average Drawdown Average peak-to-trough decline	-1.48%	-9.43%	+7.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.54%	3.30%	-1.76%

Volatility

GPIX vs. EUDV.L - Volatility Comparison

Goldman Sachs S&P 500 Premium Income ETF (GPIX) has a higher volatility of 3.07% compared to SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L) at 2.57%. This indicates that GPIX's price experiences larger fluctuations and is considered to be riskier than EUDV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GPIX	EUDV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.07%	2.57%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	8.22%	10.27%	-2.05%
Volatility (1Y) Calculated over the trailing 1-year period	10.40%	12.89%	-2.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.84%	17.03%	-3.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.84%	17.39%	-3.55%

GPIX vs. EUDV.L - Expense Ratio Comparison

GPIX has a 0.29% expense ratio, which is lower than EUDV.L's 0.30% expense ratio.

Dividends

GPIX vs. EUDV.L - Dividend Comparison

GPIX's dividend yield for the trailing twelve months is around 8.13%, more than EUDV.L's 3.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUDV.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	3.61%	4.04%	3.68%	3.29%	3.56%	2.86%	3.14%	3.23%	3.71%	3.13%	2.94%	2.97%
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 GPIX and EUDV.L in my portfolio?

GPIX and EUDV.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GPIX or EUDV.L?

On fees, GPIX is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GPIX or EUDV.L?

GPIX is cheaper with a 0.29% expense ratio, compared with 0.30% for EUDV.L.

What is the main difference between GPIX and EUDV.L?

GPIX is categorized as Derivative Income, while EUDV.L is Europe Equities. They also come from different issuers: Goldman Sachs and State Street. Their fees differ too: 0.29% for GPIX and 0.30% for EUDV.L.