Data as of Oct 28, 2026.
GPIX vs XYLD: Dividend Yield & Total Return
Over the year to Oct 28, 2026, XYLD paid 10.6% of its price in cash against GPIX’s 8.6%, and returned more with it reinvested.
askIQ about this page
askIQ about GPIX and XYLD
Net assets: $6.5bn on Oct 27, 2026 for Goldman Sachs S&P 500 Premium Income ETF, and $3.4bn on Oct 12, 2026 for Global X S&P 500 Covered Call ETF.
1.1 pts ahead of SPY
GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.
SPY
+13.6%
GPIX
+14.7%
8.6% of it arrived as cash
1.1 pts ahead of SPY
Total return, distributions reinvested
1.1 pts ahead of SPY
GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.
SPY
+13.6%
GPIX
+14.7%
8.6% cash
1.1 pts ahead of SPY
8.6% of it arrived as cash. Total return, distributions reinvested. GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.2.2 pts ahead of SPY
XYLD over 1 year: paid 10.6%, price +4.3%, total +15.8%, SPY +13.6%, +2.2 pts. Data to Oct 28, 2026.
SPY
+13.6%
XYLD
+15.8%
10.6% of it arrived as cash
2.2 pts ahead of SPY
Total return, distributions reinvested
2.2 pts ahead of SPY
XYLD over 1 year: paid 10.6%, price +4.3%, total +15.8%, SPY +13.6%, +2.2 pts. Data to Oct 28, 2026.
SPY
+13.6%
XYLD
+15.8%
10.6% as cash
2.2 pts ahead of SPY
10.6% of it arrived as cash. Both charts share one scale, 0 to +15.8%. XYLD over 1 year: paid 10.6%, price +4.3%, total +15.8%, SPY +13.6%, +2.2 pts. Data to Oct 28, 2026.
Both charts share one scale, 0 to +15.8%. Data to Oct 28, 2026.Pair scorecard
GPIX costs 0.31 points a year less; their one-year returns differ by 1.1 points; GPIX is 1.8 times larger.
Points (pts) are percentage points.
| Measure | GPIX | XYLD |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +14.7% | +15.8% |
| Price change, 1 year | rose 5.3% | rose 4.3% |
| Return of capital, issuer estimate | 93% of the Sep 24, 2026 payment | |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 0.29% | 0.60% |
| Net assets, as of Oct 12, 2026 | $6.2bn | $3.4bn |
| Holdings | ||
| Holdings in common | 84% | |
How much of its payouts the fund's total return covered, ranked against 164 income ETFs not writing on a single company. 100 is best. How it is computed
A percentile among the 164 income ETFs not writing on a single company. 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 →
Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method
Risk and return
Nov 3, 2023 to Oct 23, 2026 · 155 weekly returns · each against SPYGPIX returned more: +72.5% to +46.9%. XYLD swung less: 8.6% to 12.1%. XYLD fell less at its worst: −14.0% to −15.7%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | GPIX | XYLD | SPY | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +72.5% | +46.9% | GPIX | Price change plus distributions, reinvested. | |
| Annualized | +20.1% | +13.8% | GPIX | Total return as a yearly rate. | |
| Price return | +34.5% | +6.1% | GPIX | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 12.1% | 8.6% | XYLD | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 8.0% | 6.1% | XYLD | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −15.7% | −14.0% | XYLD | Deepest fall from a high to the low after it. | |
| Upside capture | 80.8% | 40.2% | 100.0% | GPIX | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 86.9% | 48.6% | 100.0% | XYLD | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.87 | 0.52 | 1.00 | XYLD lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.99 | 0.72 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 1.20 | 1.03 | GPIX | Return above Treasury bills per unit of volatility. | |
| Sortino | 1.82 | 1.46 | GPIX | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.168 | 0.168 | 0.165 | Tie | Return above Treasury bills per unit of beta. |
| Calmar | 1.28 | 0.98 | GPIX | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | SPY | SPY | SPY | The ETF each fund is measured against. | |
| Alpha | +0.3% a year | +0.2% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.35 | 0.07 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −1.3% to +1.8% | −5.1% to +5.4% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | −0.85 | −0.96 | GPIX | Return against its benchmark per unit of tracking error. | |
| Tracking error | 2.2% | 8.0% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 155 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, GPIX and XYLD hold 84% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
84% in common
Only in one fund ↓
Side by side
As of Oct 28, 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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | GPIX | XYLD | GPIX | XYLD | GPIX | XYLD |
| 3 months | +5.9% | +5.0% | 2.2% | 2.3% | −0.3 pts | −1.1 pts |
| 6 months | +9.2% | +9.2% | 4.4% | 5.2% | +0.1 pts | +0.1 pts |
| 1 year | +14.7% | +15.8% | 8.6% | 10.6% | +1.1 pts | +2.2 pts |
| 3 years | +84.6% | +53.3% | 31.7% | 35.1% | −10.4 pts | −41.7 pts |
| Since launchNot the same days: GPIX Oct 2023 · XYLD Jun 2013 | +83.5% | +195.1% | 31.5% | 114.5% | −10.6 pts | −320.2 pts |
GPIX and XYLD are built for the same job. How do they differ in cost, holdings and results?
- Income paid. GPIX paid 8.6% and XYLD 10.6% (cash paid over 1 year, as a share of its price at the start), a gap of 2.0 points.
- Cost. GPIX charges 0.29% of assets a year and XYLD 0.60%, a gap of 0.31 points.
- What each is measured against (similar). Both are measured against S&P 500 through SPY.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
GPIX
Over the year to Oct 28, 2026, GPIX paid 8.6% of its starting value in cash distributions while its price rose 5.3%. With every distribution reinvested, the fund returned +14.7%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was ahead by 1.1 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 8.5%, paid monthly.
XYLD
Over the year to Oct 28, 2026, XYLD paid 10.6% of its starting value in cash distributions while its price rose 4.3%. With every distribution reinvested, the fund returned +15.8%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was ahead by 2.2 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 9.1%, paid monthly. Global X estimates that 93% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
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 XYLD, data as of Oct 28, 2026. https://etfiq.com/compare/income/gpix-vs-xyld
ETFIQ. (Oct 28, 2026). GPIX against XYLD. Retrieved from https://etfiq.com/compare/income/gpix-vs-xyld
[GPIX against XYLD (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/income/gpix-vs-xyld)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.