Which paid more, GPIX or XISE?

Over the year to Nov 4, 2026, GPIX paid 8.8% of its starting price in cash and XISE paid 6.1%, so GPIX 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 XISE?

With every distribution reinvested, GPIX returned +15.6% and XISE +7.0% over the year to Nov 4, 2026.

Which is cheaper, GPIX or XISE?

GPIX charges 0.29% a year and XISE charges 0.85%, so GPIX is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

GPIX vs XISE: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, GPIX paid 8.8% of its price in cash against XISE’s 6.1%, and returned more with it reinvested.

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Net assets on Nov 3, 2026: $6.4bn for Goldman Sachs S&P 500 Premium Income ETF and $33m for FT Vest U.S. Equity Buffer & Premium Income ETF - September.

GPIX on its own →XISE on its own →

At a glance

8.8%

GPIX cash paid, 1 year

6.1%

XISE cash paid, 1 year

+15.6%

GPIX total return, 1 year

+7.0%

XISE total return, 1 year

GPIX · 1 year to Nov 4, 2026 0.8 pts ahead of SPY

GPIX

+15.6%

SPY

+14.8%

0.8 pts ahead of SPY

GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

GPIX

+15.6%

8.8% of it arrived as cash

0.8 pts ahead of SPY

Total return, distributions reinvested

0.8 pts ahead of SPY

GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

GPIX

+15.6%

8.8% cash

0.8 pts ahead of SPY

8.8% of it arrived as cash. Total return, distributions reinvested. GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

XISE · 1 year to Nov 4, 2026 7.8 pts behind VOO

XISE

+7.0%

VOO

+14.8%

7.8 pts behind VOO

XISE over 1 year: paid 6.1%, price +0.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.

VOO

+14.8%

XISE

+7.0%

6.1% of it arrived as cash

7.8 pts behind VOO

Total return, distributions reinvested

7.8 pts behind VOO

XISE over 1 year: paid 6.1%, price +0.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.

VOO

+14.8%

XISE

+7.0%

7.8 pts behind VOO

6.1% of it arrived as cash. Both charts share one scale, 0 to +15.6%. XISE over 1 year: paid 6.1%, price +0.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +15.6%. Data to Nov 4, 2026.

Pair scorecard

GPIX costs 0.56 points a year less; their one-year returns differ by 8.6 points; GPIX is far larger, $6.4bn against $33m.

Points (pts) are percentage points.

GPIX vs XISE: Dividend Yield & Total Return
Measure	GPIX	XISE
Paid and earned
Measure	GPIX	XISE
Total return, 1 year	+15.6%	+7.0%
Price change, 1 year	rose 6.2%	rose 0.7%
Against its benchmark
Measure	GPIX	XISE
Benchmark	S&P 500, measured through SPY	Vanguard S&P 500 ETF, measured through VOO
Cost and size
Measure	GPIX	XISE
Expense ratio	0.29%	0.85%
Net assets, as of Nov 3, 2026	$6.4bn	$33m
Holdings
Measure	GPIX	XISE
Holdings in common	0%

ETFIQ Distribution Coverage Score · GPIX scores higher How much of what it paid out did its total return cover?

IQ Income Score82.9GPIX67.4XISE

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

GPIX 82.9

XISE 67.4

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

Risk and return

Nov 3, 2023 to Oct 30, 2026 · 156 weekly returns

GPIX XISE

Return

Total return edge GPIX +71.6% +20.6%

Annualized edge GPIX +19.7% +6.5%

Price return edge GPIX +33.8% +0.3%

Risk

Volatility edge XISE 12.1% 3.4%

Max drawdown edge XISE −15.7% −4.3%

Downside capture 86.9% 13.6%

Beta 0.87 0.20

Risk-adjusted

Sharpe edge GPIX 1.18 0.56

Sortino edge GPIX 1.79 0.73

Treynor 0.165 0.104

Calmar edge XISE 1.25 1.51

Against the benchmark

Alpha +0.3% a year −1.2% a year

Alpha t-stat 0.33 −0.94

Information ratio −0.84 −1.23

Tracking error 2.2% 11.5%

Each against its own benchmark: GPIX against SPY, Nov 3, 2023 to Oct 30, 2026; XISE against VOO, Sep 29, 2023 to Oct 30, 2026.

Reading

From Nov 2023 to Oct 2026, GPIX returned more: +71.6% to +20.6%. XISE swung less: 3.4% to 12.1%. XISE fell less at its worst: −4.3% to −15.7%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: GPIX vs XISE: Dividend Yield & Total Return
Measure	GPIX	XISE	Edge	How it is measured
Return
Total return	+71.6%	+20.6%	GPIX	Price change plus distributions, reinvested.
Annualized	+19.7%	+6.5%	GPIX	Total return as a yearly rate.
Price return	+33.8%	+0.3%	GPIX	Price change alone, distributions left out.
Risk
Volatility	12.1%	3.4%	XISE	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	8.0%	2.6%	XISE	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−15.7%	−4.3%	XISE	Deepest fall from a high to the low after it.
Upside capture	80.8%	13.6%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	86.9%	13.6%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	0.87	0.20	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.99	0.64	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	1.18	0.56	GPIX	Return above Treasury bills per unit of volatility.
Sortino	1.79	0.73	GPIX	Return above Treasury bills per unit of downside deviation.
Treynor	0.165	0.104		Return above Treasury bills per unit of beta.
Calmar	1.25	1.51	XISE	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	SPY	VOO		The ETF each fund is measured against.
Alpha	+0.3% a year	−1.2% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	0.33	−0.94	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−1.3% to +1.8%	−3.6% to +1.3%	Includes zero	The 95% range for the yearly alpha.
Information ratio	−0.84	−1.23		Return against its benchmark per unit of tracking error.
Tracking error	2.2%	11.5%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 156 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, GPIX and XISE hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GPIX XISE

Only in one fund ↓

Only in GPIX

NVIDIA CORP 7.31%

APPLE INC 6.45%

ALPHABET INC 4.35%

MICROSOFT CORP 3.89%

AMAZON.COM INC 3.38%

BROADCOM INC 2.79%

MICRON TECHNOLOGY INC 2.02%

TESLA INC 1.88%

Only in XISE

2027-09-17 State Street® SPDR® S&P 500® ETF Trust C 0.08 98.27%

2027-09-17 State Street® SPDR® S&P 500® ETF Trust P 761.61 5.23%

2027-09-17 State Street® SPDR® S&P 500® ETF Trust P 685.44 -2.83%

2027-09-17 State Street® SPDR® S&P 500® ETF Trust C 761.61 -7.76%

Check overlap with more funds →

Side by side

GPIX Goldman Sachs S&P 500 Premium Income ETF · Covered call on SPY, paying monthly XISE FT Vest U.S. Equity Buffer & Premium Income ETF - September · Buffer with income on VOO, paying monthly

Issuer Goldman Sachs First Trust

Strategy covered call buffer with income

Benchmark S&P 500 (SPY) Vanguard S&P 500 ETF (VOO)

Pays monthly monthly

Payout rate, annualized 8.4% 6.8%

Expense ratio 0.29% 0.85%

Cash paid, 1 year 8.8% 6.1%

Price change, 1 year +6.2% +0.7%

Total return, 1 year +15.6% +7.0%

Benchmark return, 1 year +14.8% +14.8%

Ahead or behind +0.8 pts −7.8 pts

Return of capital, latest estimate not published 0%

Age 3.0 years 3.1 years

Net assets, as of Nov 3, 2026 $6.4bn $33m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: GPIX vs XISE: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	GPIX	XISE	GPIX	XISE	GPIX	XISE
3 months	+0.9%	+1.4%	2.1%	1.6%	+1.0 pts	+1.6 pts
6 months	+6.0%	+2.9%	4.3%	3.1%	+1.0 pts	−2.1 pts
1 year	+15.6%	+7.0%	8.8%	6.1%	+0.9 pts	−7.8 pts
3 years	+73.9%	+21.3%	31.0%	19.1%	−9.0 pts	−62.0 pts
Since launchNot the same days: GPIX Oct 2023 · XISE Sep 2023	+82.5%	+22.3%	32.5%	19.7%	−10.2 pts	−57.3 pts

Open this comparison in the app →

Client brief

No client brief for this pair: the two funds' holdings are dated 126 days apart.

Alert

About each fund

GPIX

Over the year to Nov 4, 2026, GPIX paid 8.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +15.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was ahead by 0.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.4%, paid monthly.

XISE

Over the year to Nov 4, 2026, XISE paid 6.1% of its starting value in cash distributions while its price rose 0.7%. With every distribution reinvested, the fund returned +7.0%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 7.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.8%, paid monthly. First Trust estimates that 0% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, GPIX or XISE?: Over the year to Nov 4, 2026, GPIX paid 8.8% of its starting price in cash and XISE paid 6.1%, so GPIX 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 XISE?: With every distribution reinvested, GPIX returned +15.6% and XISE +7.0% over the year to Nov 4, 2026.
Which is cheaper, GPIX or XISE?: GPIX charges 0.29% a year and XISE charges 0.85%, so GPIX is cheaper. Fees come from each fund's prospectus.

Other comparisons

GPIX vs TSPY GPIX vs OVL GPIX vs TPAY GPIX vs SDTY XISE vs TPRY XISE vs XYLD XISE vs SPYI XISE vs ISPY

Where to next

S&P 500 (SPY) →Vanguard S&P 500 ETF (VOO) →GPIX on its own →XISE on its own →GPIX dividend history →GPIX holdings →XISE dividend history →XISE holdings →Method →Standards and sources →

Sources and dates

GPIX filings on SEC EDGAR ↗

GPIX prospectus with the expense ratio (SEC) ↗

Goldman Sachs website ↗

XISE filings on SEC EDGAR ↗

XISE prospectus with the expense ratio (SEC) ↗

XISE 19a-1 distribution notice ↗

First Trust page for XISE ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, GPIX against XISE, data as of Nov 4, 2026. https://etfiq.com/compare/income/gpix-vs-xise

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