MNDY vs. GPIX
MNDY (monday.com Ltd.) is a stock, while GPIX (Goldman Sachs S&P 500 Premium Income ETF) is Derivative Income fund actively managed by Goldman Sachs. Over the past year, MNDY returned -64.51% vs 22.46% for GPIX. Their 0.40 correlation means their historical movements had little consistent relationship.
Performance
MNDY vs. GPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MNDY achieves a -39.74% return, which is significantly lower than GPIX's 11.44% return.
MNDY
- 1D
- 2.03%
- 1M
- 11.47%
- 6M
- -21.18%
- YTD
- -39.74%
- 1Y
- -64.51%
- 3Y*
- -17.95%
- 5Y*
- -15.94%
- 10Y*
- —
- ALL TIME*
- -12.14%
GPIX
- 1D
- 1.09%
- 1M
- 1.72%
- 6M
- 9.26%
- YTD
- 11.44%
- 1Y
- 22.46%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 23.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $56.77M | $53.71M | $51.99M | |
MNDY monday.com Ltd. | $158.36M | $119.73M | $138.83M |
MNDY vs. GPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MNDY monday.com Ltd. | -39.74% | -37.33% | 25.36% | 45.97% |
GPIX Goldman Sachs S&P 500 Premium Income ETF | 11.44% | 16.25% | 21.77% | 13.04% |
Correlation
The correlation between MNDY and GPIX is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023 | 0.40 |
Over the past year, the correlation between MNDY and GPIX has dropped to 0.15 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MNDY vs. GPIX — Risk / Return Rank
MNDY
GPIX
MNDY vs. GPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for monday.com Ltd. (MNDY) and Goldman Sachs S&P 500 Premium Income ETF (GPIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MNDY | GPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.99 | ||
| Sortino ratioReturn per unit of downside risk | -4.28 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.38 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 2.93 | -3.76 |
| Martin ratioReturn relative to average drawdown | -1.16 | 13.84 | -14.99 |
Loading charts...
Drawdowns
MNDY vs. GPIX - Drawdown Comparison
The maximum MNDY drawdown since its inception was -86.78%, which is greater than GPIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for MNDY and GPIX.
Loading charts...
Drawdown Indicators
| MNDY | GPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.78% | -17.50% | -69.28% |
Max Drawdown (1Y)Largest decline over 1 year | -77.25% | -7.71% | -69.54% |
Max Drawdown (3Y)Largest decline over 3 years | -82.07% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -86.78% | — | — |
Current DrawdownCurrent decline from peak | -80.00% | 0.00% | -80.00% |
Average DrawdownAverage peak-to-trough decline | -55.04% | -1.46% | -53.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.76% | 1.63% | +54.13% |
Volatility
MNDY vs. GPIX - Volatility Comparison
monday.com Ltd. (MNDY) has a higher volatility of 17.73% compared to Goldman Sachs S&P 500 Premium Income ETF (GPIX) at 3.25%. This indicates that MNDY's price experiences larger fluctuations and is considered to be riskier than GPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MNDY | GPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.73% | 3.25% | +14.48% |
Volatility (6M)Calculated over the trailing 6-month period | 51.68% | 9.03% | +42.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.75% | 11.13% | +56.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.81% | 13.76% | +58.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.57% | 13.76% | +57.81% |
Dividends
MNDY vs. GPIX - Dividend Comparison
MNDY has not paid dividends to shareholders, while GPIX's dividend yield for the trailing twelve months is around 8.14%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GPIX Goldman Sachs S&P 500 Premium Income ETF | 8.14% | 8.01% | 7.45% | 1.40% |
MNDY monday.com Ltd. | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MNDY and GPIX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MNDY has higher volatility (17.73%) compared to GPIX (3.25%). In terms of maximum drawdown, MNDY dropped -86.78% vs GPIX's -17.50%.
GPIX currently has the higher Sharpe Ratio (2.03 vs -0.96), 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.
Find the right allocation for MNDY and GPIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer