GPIX and XYLG 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 XYLG provides ~5% yield targeting growth-oriented investor wanting modest income without sacrificing too much upside. 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 & Growth ETF
5.4
Overall Score
| Criteria | GPIX | XYLG |
|---|---|---|
| Overall Score | 6.7 5.4 | |
| Total Return (25%) | 8.5 7.3 | |
| Downside Protection (25%) | 3.9 0.2 | |
| Upside Participation (25%) | 8.6 9.0 | |
| Consistency (15%) | 4.7 4.8 | |
| Expense Ratio (5%) | 8.9 5.0 | |
| Liquidity (5%) | 5.5 6.3 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | GPIX | XYLG |
|---|---|---|
| Expense Ratio | 0.290% | 0.600% |
| Inception Date | Mar 1, 2023 | Oct 5, 2020 |
| Issuer | Goldman Sachs | Global X |
| 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 bridge between pure equity and covered call — useful for investors not ready to fully commit to income strategy
Investor Profile:
Growth-oriented investor wanting modest income without sacrificing too much upside