GPIX and DIVO are both covered call ETFs tracking the same benchmark, but with different approaches. GPIX offers ~8.6% yield with a focus on investor seeking s&p 500 covered call with minimum costs, while DIVO provides ~4.5% yield targeting investor prioritizing quality and predictability over yield maximization. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
Goldman Sachs S&P 500 Premium Income ETF
6.7
Overall Score
Amplify CWP Enhanced Dividend Income ETF
6.4
Overall Score
| Criteria | GPIX | DIVO |
|---|---|---|
| Overall Score | 6.7 6.4 | |
| Total Return (25%) | 8.5 7.1 | |
| Downside Protection (25%) | 3.9 5.3 | |
| Upside Participation (25%) | 8.6 7.7 | |
| Consistency (15%) | 4.7 4.8 | |
| Expense Ratio (5%) | 8.9 5.6 | |
| Liquidity (5%) | 5.5 6.8 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | GPIX | DIVO |
|---|---|---|
| Expense Ratio | 0.290% | 0.550% |
| Inception Date | Mar 1, 2023 | Dec 14, 2016 |
| Issuer | Goldman Sachs | Amplify |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 5/5 stars |
Direct competitor to SPYI — GPIX wins on fees, SPYI wins on yield
Investor Profile:
Investor seeking S&P 500 covered call with minimum costs
The most mature and defensible in our ranking — DIVO proves portfolio quality matters more than option mechanics
Investor Profile:
Investor prioritizing quality and predictability over yield maximization