RGYY vs. GPIX

Last updated Jun 3, 2026

RGYY (GraniteShares YieldBOOST RGTI ETF) and GPIX (Goldman Sachs S&P 500 Premium Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.50 correlation, their price movements are largely independent. RGYY charges 1.07%/yr vs 0.29%/yr for GPIX.

Performance

RGYY vs. GPIX - Performance Comparison

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

Returns By Period

In the year-to-date period, RGYY achieves a -24.25% return, which is significantly lower than GPIX's 10.44% return.

RGYY

• 1D: 1.16%
• 1M: 0.64%
• YTD: -24.25%
• 6M: -29.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GPIX

• 1D: 0.11%
• 1M: 4.49%
• YTD: 10.44%
• 6M: 11.20%
• 1Y: 26.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RGYY vs. GPIX - Yearly Performance Comparison

	2026 (YTD)	2025
RGYY GraniteShares YieldBOOST RGTI ETF	-24.25%	-12.10%
GPIX Goldman Sachs S&P 500 Premium Income ETF	10.44%	1.58%

Correlation

The correlation between RGYY and GPIX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 26, 2025	0.50

Return for Risk

RGYY vs. GPIX — Risk / Return Rank

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

GPIX

GPIX Risk / Return Rank: 80
GPIX Sharpe Ratio Rank: 80
GPIX Sortino Ratio Rank: 80
GPIX Omega Ratio Rank: 83
GPIX Calmar Ratio Rank: 70
GPIX Martin Ratio Rank: 85

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.

RGYY vs. GPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST RGTI ETF (RGYY) 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.

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

Sharpe Ratios by Period

	RGYY	GPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.70	1.80	-3.50

Drawdowns

RGYY vs. GPIX - Drawdown Comparison

The maximum RGYY drawdown since its inception was -37.05%, which is greater than GPIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for RGYY and GPIX.

Drawdown Indicators

	RGYY	GPIX	Difference
Max Drawdown Largest peak-to-trough decline	-37.05%	-17.50%	-19.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.71%	—
Current Drawdown Current decline from peak	-33.42%	0.00%	-33.42%
Average Drawdown Average peak-to-trough decline	-22.94%	-1.48%	-21.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.53%	—

Volatility

Volatility by Period

	RGYY	GPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.60%	10.16%	+22.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.60%	13.81%	+18.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.60%	13.81%	+18.79%

RGYY vs. GPIX - Expense Ratio Comparison

RGYY has a 1.07% expense ratio, which is higher than GPIX's 0.29% expense ratio.

Dividends

RGYY vs. GPIX - Dividend Comparison

RGYY's dividend yield for the trailing twelve months is around 106.54%, more than GPIX's 7.96% yield.

Position	TTM	2025	2024	2023
GPIX Goldman Sachs S&P 500 Premium Income ETF	7.96%	8.01%	7.45%	1.40%
RGYY GraniteShares YieldBOOST RGTI ETF	106.54%	15.50%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RGYY and GPIX in my portfolio?

RGYY and GPIX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RGYY or GPIX?

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, RGYY or GPIX?

GPIX is cheaper with a 0.29% expense ratio, compared with 1.07% for RGYY.

Which ETF pays a higher dividend yield, RGYY or GPIX?

RGYY has the higher dividend yield at 106.54%, compared with 7.96% for GPIX.

What is the main difference between RGYY and GPIX?

They also come from different issuers: GraniteShares and Goldman Sachs. Their fees differ too: 1.07% for RGYY and 0.29% for GPIX.