GPIX vs SDY: ETF Comparison
Compare GPIX (Goldman Sachs S&P 500 Premium Income ETF) and SDY (SPDR S&P Dividend ETF) side by side by average annual total return since inception โ one fair number covering price and dividends.
Updated Aug 4, 2026
*For entertainment purposes ONLY! NOT financial advice! Data may be inaccurate.*
GPIX vs SDY: The Verdict
On average annual total return since inception, GPIX decisively outperforms SDY: +23.0% per year vs +9.0% per year โ a gap of 14.0 percentage points annually. Total return counts both price movement and dividends, so this is the whole picture of each fund's performance, not just yield.
Keep the track records in mind: SDY has been trading for 20.7 years, while GPIX has only 2.8 years of history. A shorter track record means the younger fund's average has been shaped by fewer market environments โ one strong or weak stretch moves the needle more.
Income investors will notice the yield gap: GPIX currently yields 7.9% vs SDY's 2.6%. Higher yield often comes with trade-offs in price appreciation, which is exactly why total return is the fairer scoreboard.
GPIX vs SDY Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| GPIX | Goldman Sachs S&P 500 Premium Income ETF | Goldman Sachs | 10/24/23 | 2.8y | +78.0% | +23.0% | 7.9% | 0.29% | B |
| SDY | SPDR S&P Dividend ETF | State Street | 11/8/2005 | 20.7y | +497.0% | +9.0% | 2.6% | 0.35% | A |
GPIX vs SDY โ Frequently Asked Questions
Which is better, GPIX or SDY?
By average annual total return since inception, GPIX decisively outperforms SDY (+23.0% vs +9.0% per year). "Better" depends on your goals โ yield, payout frequency, and strategy differ between the two funds.
What is the difference between GPIX and SDY?
GPIX (Goldman Sachs S&P 500 Premium Income ETF) is offered by Goldman Sachs and currently yields 7.9%. SDY (SPDR S&P Dividend ETF) is offered by State Street and yields 2.6%. Their average annual total returns since inception are +23.0% and +9.0% respectively.
Does GPIX pay a higher dividend than SDY?
GPIX currently yields 7.9% and SDY yields 2.6%. Remember that yield alone doesn't capture performance โ total return (price + dividends) is the fairer comparison.