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Data as of .

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

Over the year KHPI paid 9.1% of its price in cash against GPIX’s 8.8%, though GPIX returned more with it reinvested.

Goldman Sachs S&P 500 Premium Income ETF and Kensington Hedged Premium Income ETF.

8.8%GPIX cash paid, 1 year
9.1%KHPI cash paid, 1 year
+17.0%GPIX total return, 1 year
+11.0%KHPI total return, 1 year

ETFIQ Return Stability Score: GPIX scores higher

Was the payout funded by returns, or by your own capital?

GPIX 76.9KHPI 55.53.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

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
KHPI5.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%KHPI+11.0%9.1% of it arrived as cash5.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%KHPI+11.0%9.1% cash5.5 pts behind SPY

What they hold in common

By the books each fund has filed, GPIX and KHPI hold 0% of their money in the same securities at the same weight.

Only in each
Only in GPIXOnly in KHPI
NVIDIA CORP 7.33%Vanguard S&P 500 ETF 100.00%
APPLE INC 6.47%
ALPHABET INC 4.37%
MICROSOFT CORP 3.90%
AMAZON.COM INC 3.39%
BROADCOM INC 2.80%
MICRON TECHNOLOGY INC 2.02%
TESLA INC 1.89%

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 Jun 30, 2026.

Performance, window by window

GPIX and KHPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GPIXKHPIGPIXKHPIGPIXKHPI
3 months+2.6%+1.9%2.1%2.2%+0.3 pts−0.3 pts
6 months+16.6%+11.3%4.7%4.7%−1.4 pts−6.8 pts
1 year+17.0%+11.0%8.8%9.1%+0.4 pts−5.5 pts
Since launch+80.7%+24.6%30.5%18.4%−10.8 pts−17.7 pts
Open the live comparison on ETFIQ
GPIX and KHPI 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
KHPI
Kensington Hedged Premium Income ETF
Covered call on SPY, paying monthly
IssuerGoldman SachsKensington
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as a default proxy
Paysmonthlymonthly
Payout rate, annualized8.6%9.0%
Expense ratio0.29%0.98%
Cash paid, 1 year8.8%9.1%
Price change, 1 year+7.4%+1.5%
Total return, 1 year+17.0%+11.0%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind+0.4 pts−5.5 pts
Return of capital, latest estimatenot publishednot published
Age1058 days743 days
Net assets$5.8bn$401m

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.

KHPI in plain words

Over the year to Sep 18, 2026, KHPI paid 9.1% of its starting value in cash distributions while its price rose 1.5%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 5.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.0%, paid monthly.

Questions people ask

Which paid more, GPIX or KHPI?
Over the year to Sep 18, 2026, GPIX paid 8.8% of its starting price in cash and KHPI paid 9.1%, so KHPI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, GPIX or KHPI?
With every distribution reinvested, GPIX returned +17.0% and KHPI returned +11.0% over the year to Sep 18, 2026, so GPIX returned more.
Which is cheaper, GPIX or KHPI?
GPIX charges 0.29% a year and KHPI charges 0.98%, 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 KHPI, 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 KHPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/gpix-vs-khpi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources