GPIX and XYLD 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 XYLD provides ~9.5% yield targeting income investor seeking s&p 500 exposure with simple and transparent strategy. 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
Global X S&P 500 Covered Call ETF
5.3
Overall Score
| Criteria | GPIX | XYLD |
|---|---|---|
| Overall Score | 6.7 5.3 | |
| Total Return (25%) | 8.5 3.5 | |
| Downside Protection (25%) | 3.9 5.8 | |
| Upside Participation (25%) | 8.6 6.3 | |
| Consistency (15%) | 4.7 5.1 | |
| Expense Ratio (5%) | 8.9 5.0 | |
| Liquidity (5%) | 5.5 7.2 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | GPIX | XYLD |
|---|---|---|
| Expense Ratio | 0.290% | 0.600% |
| Inception Date | Mar 1, 2023 | Jun 24, 2013 |
| Issuer | Goldman Sachs | Global X |
| 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
Similar to QYLD but on a more defensive index — choice between the two depends on S&P 500 vs Nasdaq preference
Investor Profile:
Income investor seeking S&P 500 exposure with simple and transparent strategy