GTPE vs. GPIQ

Last updated Jun 5, 2026

GTPE (Goldman Sachs MSCI World Private Equity Return Tracker ETF) and GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) are both exchange-traded funds - GTPE is a Global Equities fund tracking the MSCI World Private Equity Return Tracker Index, while GPIQ is a Nasdaq-100 fund actively managed by Goldman Sachs. GTPE is passively managed, while GPIQ is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. GTPE charges 0.50%/yr vs 0.29%/yr for GPIQ.

Performance

GTPE vs. GPIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTPE achieves a 19.04% return, which is significantly higher than GPIQ's 17.91% return.

GTPE

• 1D: -0.33%
• 1M: 7.59%
• YTD: 19.04%
• 6M: 20.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GPIQ

• 1D: -0.34%
• 1M: 7.05%
• YTD: 17.91%
• 6M: 17.28%
• 1Y: 36.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GTPE vs. GPIQ - Yearly Performance Comparison

	2026 (YTD)	2025
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF	19.04%	2.66%
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	17.91%	1.73%

Correlation

The correlation between GTPE and GPIQ is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	0.84

Return for Risk

GTPE vs. GPIQ — Risk / Return Rank

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

GPIQ

GPIQ Risk / Return Rank: 82
GPIQ Sharpe Ratio Rank: 85
GPIQ Sortino Ratio Rank: 82
GPIQ Omega Ratio Rank: 83
GPIQ Calmar Ratio Rank: 78
GPIQ Martin Ratio Rank: 84

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.

GTPE vs. GPIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GTPE	GPIQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.29	1.77	+0.51

Drawdowns

GTPE vs. GPIQ - Drawdown Comparison

The maximum GTPE drawdown since its inception was -8.91%, smaller than the maximum GPIQ drawdown of -21.06%. Use the drawdown chart below to compare losses from any high point for GTPE and GPIQ.

Drawdown Indicators

	GTPE	GPIQ	Difference
Max Drawdown Largest peak-to-trough decline	-8.91%	-21.06%	+12.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.51%	—
Current Drawdown Current decline from peak	-0.42%	-0.52%	+0.10%
Average Drawdown Average peak-to-trough decline	-1.65%	-2.27%	+0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.15%	—

Volatility

Volatility by Period

	GTPE	GPIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.17%	13.39%	+3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.17%	17.45%	-0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.17%	17.45%	-0.28%

GTPE vs. GPIQ - Expense Ratio Comparison

GTPE has a 0.50% expense ratio, which is higher than GPIQ's 0.29% expense ratio.

Dividends

GTPE vs. GPIQ - Dividend Comparison

GTPE has not paid dividends to shareholders, while GPIQ's dividend yield for the trailing twelve months is around 9.35%.

Position	TTM	2025	2024	2023
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	9.35%	9.81%	9.18%	1.74%
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GTPE and GPIQ in my portfolio?

GTPE and GPIQ have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTPE or GPIQ?

On fees, GPIQ 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, GTPE or GPIQ?

GPIQ is cheaper with a 0.29% expense ratio, compared with 0.50% for GTPE.

Which ETF pays a higher dividend yield, GTPE or GPIQ?

GPIQ has the higher dividend yield at 9.35%, compared with 0.00% for GTPE.

What is the main difference between GTPE and GPIQ?

GTPE is categorized as Global Equities, while GPIQ is Nasdaq-100. Their fees differ too: 0.50% for GTPE and 0.29% for GPIQ.