ISPY vs GPIX: Income Fund Comparison
Proshares S&P 500 High Income ETF - US (ISPY) and Goldman Sachs S&P 500 Core Premium Income ETF - US (GPIX) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.
Also see: ISPY individual review · GPIX individual review
ISPY: Expense ratio is 0.56% GPIX: Gross expense ratio is 0.35 - quite low. ISPY inception date December 18 2023 - approximately 2.3 years of history GPIX fund inception date was Oct 24 2023. Full Dependability and Return scores for both funds are available in the app.
| ISPY | GPIX | |
|---|---|---|
| Fund Name | Proshares S&P 500 High Income ETF - US | Goldman Sachs S&P 500 Core Premium Income ETF - US |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | 2026-04-07 | 2025-12-09 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: ISPY vs GPIX 20% of overall score
Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.
Expense ratio is 0.56%
Gross expense ratio is 0.35 - quite low.
ProShares has surpassed $100 billion in assets under management
Goldman Sachs manages nearly 3 trillion in assets.
Inception date December 18 2023 - approximately 2.3 years of history
Fund inception date was Oct 24 2023.
Fund AUM approximately $1.14 billion as of February 28 2026
Fund has about 2.4 Billion under management.
Risk: ISPY vs GPIX 35% of overall score
Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.
Calculation result: beta 0.91 vs SPY (period 2023-12-29 to 2026-03-28) - standalone volatility 12.99% annualized (weekly returns) - low-to-moderate price variability
Beta is 0.86 for this fund which is better than the average market.
See the full Risk analysis for both ISPY and GPIX — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: ISPY vs GPIX 45% of overall score
Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
Monthly distributions
The fund pays monthly distributions.
See the full Return analysis for both ISPY and GPIX — yield ratings, distribution consistency scores, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes for both ISPY and GPIX are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: ISPY vs GPIX
Which has a lower expense ratio, ISPY or GPIX?
ISPY: Expense ratio is 0.56%
GPIX: Gross expense ratio is 0.35 - quite low.
Which fund has more assets under management, ISPY or GPIX?
ISPY: Fund AUM approximately $1.14 billion as of February 28 2026
GPIX: Fund has about 2.4 Billion under management.
Which fund has been trading longer, ISPY or GPIX?
ISPY: Inception date December 18 2023 - approximately 2.3 years of history
GPIX: Fund inception date was Oct 24 2023.
Who manages ISPY vs GPIX?
ISPY: ProShares has surpassed $100 billion in assets under management
GPIX: Goldman Sachs manages nearly 3 trillion in assets.
Where can I see the full ISPY vs GPIX comparison with scores?
The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.
What is the difference between ISPY and GPIX?
Proshares S&P 500 High Income ETF - US is a Index Based Fund. Expense ratio is 0.56%. Goldman Sachs S&P 500 Core Premium Income ETF - US is a Index Based Fund. Gross expense ratio is 0.35 - quite low. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, ISPY or GPIX?
ISPY: Expense ratio is 0.56%. Inception date December 18 2023 - approximately 2.3 years of history. GPIX: Gross expense ratio is 0.35 - quite low. Fund inception date was Oct 24 2023. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.
Do ISPY and GPIX pay monthly distributions?
ISPY: Monthly distributions. GPIX: The fund pays monthly distributions. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full ISPY vs GPIX Comparison
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.
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