Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

GPIX vs HEMI: which paid, and which earned it?

GPIX and HEMI both write options for income.

Goldman Sachs S&P 500 Premium Income ETF and Hartford Equity Premium Income ETF.

8.8%GPIX cash paid, 1 year
6.0%HEMI cash paid, 1 year
+17.0%GPIX total return, 1 year
+11.2%HEMI total return, 1 year
GPIXAbout even with SPY · 1 year to Sep 18, 2026
SPY+16.6%GPIX+17.0%8.8% of it arrived as cashabout even with SPYTotal return, distributions reinvestedSPY+16.6%GPIX+17.0%8.8% cashabout even with SPY
HEMI3.4 pts behind SPY · since launch to Sep 18, 2026
SPY+14.7%HEMI+11.2%6.0% of it arrived as cash3.4 pts behind SPYTotal return, distributions reinvestedSPY+14.7%HEMI+11.2%3.4 pts behind SPY

What they hold in common

By the books each fund has filed, GPIX and HEMI hold 48% of their money in the same securities at the same weight.

Positions GPIX and HEMI both hold, largest shared weight first
HoldingGPIXHEMI
NVIDIA CORP7.33%9.11%
APPLE INC6.47%5.86%
ALPHABET INC4.37%7.69%
MICROSOFT CORP3.90%5.72%
AMAZON.COM INC3.39%5.73%
BROADCOM INC2.80%4.02%
META PLATFORMS INC1.67%2.66%
ADVANCED MICRO DEVICES INC1.48%1.89%
ELI LILLY & COMPANY1.48%2.13%
JP MORGAN CHASE & COMPANY1.36%2.42%
MICRON TECHNOLOGY INC2.02%1.15%
EXXONMOBIL HOLDINGS CORP0.96%0.87%
Only in each
Only in GPIXOnly in HEMI
BERKSHIRE HATHAWAY INC 1.51%Goldman Sachs Group Inc/The 1.71%
ALPHABET INC 1.46%ITT Inc 1.12%
INTEL CORP 1.02%Ferguson Enterprises Inc 1.00%
VISA INC 0.99%Chubb Ltd 0.95%
JOHNSON & JOHNSON 0.95%BJ's Wholesale Club Holdings Inc 0.82%
APPLIED MATERIALS INC 0.90%Liberty Media Corp-Liberty Formula One 0.63%
LAM RESEARCH CORP 0.86%United Therapeutics Corp 0.63%
CATERPILLAR INC 0.78%Dick's Sporting Goods Inc 0.59%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.

Performance, window by window

GPIX and HEMI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GPIXHEMIGPIXHEMIGPIXHEMI
3 months+2.6%+0.8%2.1%2.2%+0.3 pts−1.5 pts
6 months+16.6%+13.6%4.7%4.9%−1.4 pts−4.5 pts
1 year+17.0%not published8.8%not published+0.4 ptsnot published
Since launch+80.7%+11.2%30.5%6.0%−10.8 pts−3.4 pts
Open the live comparison on ETFIQ
GPIX and HEMI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GPIX
Goldman Sachs S&P 500 Premium Income ETF
Covered call on SPY, paying monthly
HEMI
Hartford Equity Premium Income ETF
Covered call on SPY, paying monthly
IssuerGoldman SachsHartford
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized8.6%9.1%
Expense ratio0.29%0.49%
Cash paid, 1 year8.8%6.0% (since launch on Dec 17, 2025)
Price change, 1 year+7.4%+4.9%
Total return, 1 year+17.0%+11.2% (since launch on Dec 17, 2025)
Benchmark return, 1 year+16.6%+14.7%
Ahead or behind+0.4 pts−3.4 pts
Return of capital, latest estimatenot publishednot published
Age1058 days275 days
Net assets$5.8bn$33m

GPIX in plain words

Over the year to Sep 18, 2026, GPIX paid 8.8% of its starting value in cash distributions while its price rose 7.4%. With every distribution reinvested, the fund returned +17.0%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, paid monthly.

HEMI in plain words

Over the period since launch on Dec 17, 2025 to Sep 18, 2026, HEMI paid 6.0% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.2%. S&P 500 (SPY) returned +14.7% over the same days, so a holder was behind by 3.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.1%, paid monthly.

Questions people ask

Which is cheaper, GPIX or HEMI?
GPIX charges 0.29% a year and HEMI charges 0.49%, so GPIX is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GPIX against HEMI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GPIX against HEMI, data as of Sep 18, 2026. https://etfiq.com/compare/income/gpix-vs-hemi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources