GPIX and SIXH 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 SIXH provides ~7% yield targeting very defensive investor prioritizing capital preservation above all. 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
6 Meridian Hedged Equity-Income ETF
6.0
Overall Score
| Criteria | GPIX | SIXH |
|---|---|---|
| Overall Score | 6.7 6.0 | |
| Total Return (25%) | 8.5 5.0 | |
| Downside Protection (25%) | 3.9 10.0 | |
| Upside Participation (25%) | 8.6 4.2 | |
| Consistency (15%) | 4.7 5.5 | |
| Expense Ratio (5%) | 8.9 2.8 | |
| Liquidity (5%) | 5.5 4.6 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | GPIX | SIXH |
|---|---|---|
| Expense Ratio | 0.290% | 0.780% |
| Inception Date | Mar 1, 2023 | Oct 8, 2020 |
| Issuer | Goldman Sachs | 6 Meridian |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 4/5 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 defensive fund in our universe — ideal for bear market protection but sacrifices significant upside
Investor Profile:
Very defensive investor prioritizing capital preservation above all