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GPIX vs. SPYI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GPIX and SPYI is 0.96, 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.


-0.50.00.51.0
Correlation: 1.0

Performance

GPIX vs. SPYI - Performance Comparison

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

15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
20.76%
14.27%
GPIX
SPYI

Key characteristics

Sharpe Ratio

GPIX:

-0.09

SPYI:

-0.13

Sortino Ratio

GPIX:

-0.02

SPYI:

-0.08

Omega Ratio

GPIX:

1.00

SPYI:

0.99

Calmar Ratio

GPIX:

-0.08

SPYI:

-0.11

Martin Ratio

GPIX:

-0.47

SPYI:

-0.68

Ulcer Index

GPIX:

2.83%

SPYI:

2.56%

Daily Std Dev

GPIX:

14.42%

SPYI:

13.47%

Max Drawdown

GPIX:

-16.08%

SPYI:

-15.17%

Current Drawdown

GPIX:

-16.08%

SPYI:

-15.17%

Returns By Period

In the year-to-date period, GPIX achieves a -12.59% return, which is significantly lower than SPYI's -11.59% return.


GPIX

YTD

-12.59%

1M

-12.39%

6M

-9.92%

1Y

-0.31%

5Y*

N/A

10Y*

N/A

SPYI

YTD

-11.59%

1M

-11.89%

6M

-9.57%

1Y

-0.68%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GPIX vs. SPYI - Expense Ratio Comparison

GPIX has a 0.29% expense ratio, which is lower than SPYI's 0.68% expense ratio.


SPYI
NEOS S&P 500 High Income ETF
Expense ratio chart for SPYI: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPYI: 0.68%
Expense ratio chart for GPIX: current value is 0.29%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GPIX: 0.29%

Risk-Adjusted Performance

GPIX vs. SPYI — Risk-Adjusted Performance Rank

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

GPIX
The Risk-Adjusted Performance Rank of GPIX is 2323
Overall Rank
The Sharpe Ratio Rank of GPIX is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of GPIX is 2323
Sortino Ratio Rank
The Omega Ratio Rank of GPIX is 2323
Omega Ratio Rank
The Calmar Ratio Rank of GPIX is 2424
Calmar Ratio Rank
The Martin Ratio Rank of GPIX is 2121
Martin Ratio Rank

SPYI
The Risk-Adjusted Performance Rank of SPYI is 1919
Overall Rank
The Sharpe Ratio Rank of SPYI is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of SPYI is 2020
Sortino Ratio Rank
The Omega Ratio Rank of SPYI is 1919
Omega Ratio Rank
The Calmar Ratio Rank of SPYI is 2020
Calmar Ratio Rank
The Martin Ratio Rank of SPYI is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GPIX vs. SPYI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) and NEOS S&P 500 High Income ETF (SPYI). 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 GPIX, currently valued at -0.09, compared to the broader market-1.000.001.002.003.004.005.00
GPIX: -0.09
SPYI: -0.13
The chart of Sortino ratio for GPIX, currently valued at -0.02, compared to the broader market-2.000.002.004.006.008.0010.00
GPIX: -0.02
SPYI: -0.08
The chart of Omega ratio for GPIX, currently valued at 1.00, compared to the broader market0.501.001.502.002.50
GPIX: 1.00
SPYI: 0.99
The chart of Calmar ratio for GPIX, currently valued at -0.08, compared to the broader market0.005.0010.0015.00
GPIX: -0.08
SPYI: -0.11
The chart of Martin ratio for GPIX, currently valued at -0.47, compared to the broader market0.0020.0040.0060.0080.00
GPIX: -0.47
SPYI: -0.68

The current GPIX Sharpe Ratio is -0.09, which is comparable to the SPYI Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of GPIX and SPYI, 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
-0.09
-0.13
GPIX
SPYI

Dividends

GPIX vs. SPYI - Dividend Comparison

GPIX's dividend yield for the trailing twelve months is around 9.73%, less than SPYI's 14.15% yield.


TTM202420232022
GPIX
Goldman Sachs S&P 500 Core Premium Income ETF
9.73%7.46%1.40%0.00%
SPYI
NEOS S&P 500 High Income ETF
14.15%12.04%12.01%4.10%

Drawdowns

GPIX vs. SPYI - Drawdown Comparison

The maximum GPIX drawdown since its inception was -16.08%, which is greater than SPYI's maximum drawdown of -15.17%. Use the drawdown chart below to compare losses from any high point for GPIX and SPYI. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-16.08%
-15.17%
GPIX
SPYI

Volatility

GPIX vs. SPYI - Volatility Comparison

Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) and NEOS S&P 500 High Income ETF (SPYI) have volatilities of 9.02% and 8.67%, 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%10.00%NovemberDecember2025FebruaryMarchApril
9.02%
8.67%
GPIX
SPYI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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