ITDE vs. GPIQ

Last updated Jun 4, 2026

ITDE (Ishares Lifepath Target Date 2045 ETF) and GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) are both exchange-traded funds - ITDE is a Target Retirement Date fund actively managed by iShares, while GPIQ is a Nasdaq-100 fund actively managed by Goldman Sachs. Both are actively managed. Over the past year, ITDE returned 25.23% vs 37.50% for GPIQ. Their correlation of 0.85 suggests significant overlap in exposure. ITDE charges 0.11%/yr vs 0.29%/yr for GPIQ.

Performance

ITDE vs. GPIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2045 ETF (ITDE) 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, ITDE achieves a 10.49% return, which is significantly lower than GPIQ's 18.30% return.

ITDE

• 1D: -0.64%
• 1M: 4.12%
• YTD: 10.49%
• 6M: 11.17%
• 1Y: 25.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GPIQ

• 1D: -0.19%
• 1M: 8.51%
• YTD: 18.30%
• 6M: 17.64%
• 1Y: 37.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITDE vs. GPIQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDE Ishares Lifepath Target Date 2045 ETF	10.49%	19.34%	14.62%	15.85%
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	18.30%	19.77%	23.22%	15.38%

Correlation

The correlation between ITDE and GPIQ is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023	0.85

The correlation between ITDE and GPIQ has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.

ITDE vs. GPIQ - Sectors Allocation Comparison

Sectors	ITDE	GPIQ
Technology	25.8%	53.8%
Financial Services	15.3%	0.2%
Industrials	11.7%	2.9%
Consumer Cyclical	8.9%	12.3%
Healthcare	7.9%	4.2%
Communication Services	7.8%	15.8%
Real Estate	6.7%	0.1%
Consumer Defensive	4.6%	7.7%
Energy	4.3%	0.6%
Basic Materials	4.1%	1.1%
Utilities	2.9%	1.4%

Return for Risk

ITDE vs. GPIQ — Risk / Return Rank

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

ITDE

ITDE Risk / Return Rank: 68
ITDE Sharpe Ratio Rank: 69
ITDE Sortino Ratio Rank: 71
ITDE Omega Ratio Rank: 69
ITDE Calmar Ratio Rank: 60
ITDE Martin Ratio Rank: 70

GPIQ

GPIQ Risk / Return Rank: 81
GPIQ Sharpe Ratio Rank: 84
GPIQ Sortino Ratio Rank: 81
GPIQ Omega Ratio Rank: 82
GPIQ Calmar Ratio Rank: 77
GPIQ Martin Ratio Rank: 83

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.

ITDE vs. GPIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2045 ETF (ITDE) 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.

	ITDE	GPIQ	Difference
Sharpe ratio: Return per unit of total volatility	2.31	2.81	-0.50
Sortino ratio: Return per unit of downside risk	3.25	3.71	-0.46
Omega ratio: Gain probability vs. loss probability	1.42	1.51	-0.08
Calmar ratio: Return relative to maximum drawdown	3.00	3.96	-0.96
Martin ratio: Return relative to average drawdown	13.19	17.48	-4.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITDE vs. GPIQ - Sharpe Ratio Comparison

The current ITDE Sharpe Ratio is 2.31, which is comparable to the GPIQ Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of ITDE and GPIQ, 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

	ITDE	GPIQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.31	2.81	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	1.78	1.78	-0.01

Drawdowns

ITDE vs. GPIQ - Drawdown Comparison

The maximum ITDE drawdown since its inception was -14.67%, smaller than the maximum GPIQ drawdown of -21.06%. Use the drawdown chart below to compare losses from any high point for ITDE and GPIQ.

Drawdown Indicators

	ITDE	GPIQ	Difference
Max Drawdown Largest peak-to-trough decline	-14.67%	-21.06%	+6.39%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-9.51%	+1.07%
Current Drawdown Current decline from peak	-0.64%	-0.19%	-0.45%
Average Drawdown Average peak-to-trough decline	-1.42%	-2.27%	+0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	2.15%	-0.23%

Volatility

ITDE vs. GPIQ - Volatility Comparison

Ishares Lifepath Target Date 2045 ETF (ITDE) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) have volatilities of 3.45% and 3.39%, 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.

Volatility by Period

	ITDE	GPIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	3.39%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	8.81%	10.44%	-1.63%
Volatility (1Y) Calculated over the trailing 1-year period	10.97%	13.40%	-2.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.90%	17.47%	-4.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.90%	17.47%	-4.57%

ITDE vs. GPIQ - Expense Ratio Comparison

ITDE has a 0.11% expense ratio, which is lower than GPIQ's 0.29% expense ratio.

Dividends

ITDE vs. GPIQ - Dividend Comparison

ITDE's dividend yield for the trailing twelve months is around 1.68%, less than GPIQ's 9.32% yield.

Position	TTM	2025	2024	2023
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	9.32%	9.81%	9.18%	1.74%
ITDE Ishares Lifepath Target Date 2045 ETF	1.68%	1.86%	1.64%	0.87%

Frequently Asked Questions

Can I hold both ITDE and GPIQ in my portfolio?

ITDE and GPIQ have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITDE or GPIQ?

ITDE has higher volatility (3.45%) compared to GPIQ (3.39%). In terms of maximum drawdown, ITDE dropped -14.67% vs GPIQ's -21.06%.

Which ETF is better, ITDE or GPIQ?

On 1-year performance, GPIQ leads with 37.50% vs 25.23% for ITDE. On fees, ITDE is cheaper at 0.11% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITDE or GPIQ?

Over the 1-year period, GPIQ has performed better with a 37.50% return vs 25.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITDE or GPIQ?

ITDE is cheaper with a 0.11% expense ratio, compared with 0.29% for GPIQ.

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

GPIQ has the higher dividend yield at 9.32%, compared with 1.68% for ITDE.

What is the main difference between ITDE and GPIQ?

ITDE is categorized as Target Retirement Date, while GPIQ is Nasdaq-100. They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.11% for ITDE and 0.29% for GPIQ.

Which has better risk-adjusted returns?

GPIQ currently has the higher Sharpe Ratio (2.81 vs 2.31), 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.