GPIX and IDVO 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 IDVO provides ~6.5% yield targeting income investors seeking international diversification with covered call overlay. 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 International Enhanced Dividend Income ETF
8.1
Overall Score
| Criteria | GPIX | IDVO |
|---|---|---|
| Overall Score | 6.7 8.1 | |
| Total Return (25%) | 8.7 10.0 | |
| Downside Protection (25%) | 3.9 7.4 | |
| Upside Participation (25%) | 8.7 9.6 | |
| Consistency (15%) | 4.7 5.1 | |
| Expense Ratio (5%) | 8.9 4.4 | |
| Liquidity (5%) | 5.5 6.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | GPIX | IDVO |
|---|---|---|
| Expense Ratio | 0.290% | 0.650% |
| Inception Date | Mar 1, 2023 | Jan 1, 2022 |
| Issuer | Goldman Sachs | Amplify |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 3/5 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
Unique international exposure in a covered call wrapper. Best used as a diversifier alongside US-focused funds.
Investor Profile:
Income investors seeking international diversification with covered call overlay