XVOL vs. GPIX
Compare and contrast key facts about Acruence Active Hedge U.S. Equity ETF (XVOL) and Goldman Sachs S&P 500 Core Premium Income ETF (GPIX).
XVOL and GPIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XVOL is an actively managed fund by Toroso Investments. It was launched on Apr 22, 2021. GPIX is an actively managed fund by Goldman Sachs. It was launched on Oct 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XVOL or GPIX.
Correlation
The correlation between XVOL and GPIX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XVOL vs. GPIX - Performance Comparison
Key characteristics
XVOL:
1.03
GPIX:
1.97
XVOL:
1.57
GPIX:
2.65
XVOL:
1.26
GPIX:
1.38
XVOL:
1.51
GPIX:
3.16
XVOL:
3.97
GPIX:
13.92
XVOL:
5.34%
GPIX:
1.58%
XVOL:
20.58%
GPIX:
11.17%
XVOL:
-25.82%
GPIX:
-6.97%
XVOL:
-6.98%
GPIX:
-1.38%
Returns By Period
The year-to-date returns for both stocks are quite close, with XVOL having a 2.09% return and GPIX slightly lower at 2.06%.
XVOL
2.09%
0.88%
6.28%
20.16%
N/A
N/A
GPIX
2.06%
0.71%
10.46%
21.59%
N/A
N/A
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XVOL vs. GPIX - Expense Ratio Comparison
XVOL has a 0.83% expense ratio, which is higher than GPIX's 0.29% expense ratio.
Risk-Adjusted Performance
XVOL vs. GPIX — Risk-Adjusted Performance Rank
XVOL
GPIX
XVOL vs. GPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Acruence Active Hedge U.S. Equity ETF (XVOL) and Goldman Sachs S&P 500 Core 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.
Dividends
XVOL vs. GPIX - Dividend Comparison
XVOL's dividend yield for the trailing twelve months is around 3.07%, less than GPIX's 8.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
XVOL Acruence Active Hedge U.S. Equity ETF | 3.07% | 3.13% | 1.09% | 2.86% | 0.29% |
GPIX Goldman Sachs S&P 500 Core Premium Income ETF | 8.06% | 7.46% | 1.40% | 0.00% | 0.00% |
Drawdowns
XVOL vs. GPIX - Drawdown Comparison
The maximum XVOL drawdown since its inception was -25.82%, which is greater than GPIX's maximum drawdown of -6.97%. Use the drawdown chart below to compare losses from any high point for XVOL and GPIX. For additional features, visit the drawdowns tool.
Volatility
XVOL vs. GPIX - Volatility Comparison
Acruence Active Hedge U.S. Equity ETF (XVOL) has a higher volatility of 5.26% compared to Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) at 3.83%. This indicates that XVOL'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.