XYLD vs GPIX: Income Fund Comparison

GlobalX S&P 500 Covered Call ETF (XYLD) 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.

XYLD: MER is 0.6%. GPIX: Gross expense ratio is 0.35 - quite low. XYLD fund started June 21st 2013 and is one of the original covered call index funds. GPIX fund inception date was Oct 24 2023. Full Dependability and Return scores for both funds are available in the app.

XYLD GPIX
Fund Name GlobalX S&P 500 Covered Call ETF 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 2025-12-24 2025-12-09
Author , Income Investing Analyst
XYLD
GPIX
Overall Score
Dependability

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Fund Attributes: XYLD 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.

Criterion
XYLD
GPIX
Expense Ratio
3/5

MER is 0.6%.

4/5

Gross expense ratio is 0.35 - quite low.

Fund Company Size
5/5

Mirae Asset Global Investments - a South Korean financial services company - manages over US$200 billion in assets worldwide.

5/5

Goldman Sachs manages nearly 3 trillion in assets.

Fund History
5/5

Fund started June 21st 2013 and is one of the original covered call index funds.

3/5

Fund inception date was Oct 24 2023.

Fund AUM
5/5

3.1 billion in this fund.

5/5

Fund has about 2.4 Billion under management.

Risk: XYLD 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.

Criterion
XYLD
GPIX
Volatility
5/5

Beta is 0.41 which is lower than the S&P 500 itself.

4/5

Beta is 0.86 for this fund which is better than the average market.

Lower volatility may indicate more stability — important for investors living off their income.
Sector Diversification
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Holding across more sectors reduces the impact of any single industry downturn.
Geographic Diversification
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Exposure across geographies can reduce risk from any single country's economic conditions.
Fund Risk
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The fund's overall risk profile, based on self-reported classifications where available.
Underlying Assets
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What the fund actually holds — stocks, bonds, synthetics, or other funds — affects risk profile significantly.

See the full Risk analysis for both XYLD and GPIX — volatility ratings, diversification scores, and analyst notes.

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Return: XYLD 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.

Criterion
XYLD
GPIX
Yield
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The current dividend yield, reflecting the annual income generated relative to fund price.
Yield Stability
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How consistent the distribution amounts have been over time — critical for income investors who budget around payments.
Capital History
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The fund's track record of price appreciation or depreciation, reflecting total return alongside income.
Distribution Frequency
4/5

Pays monthly.

4/5

The fund pays monthly distributions.

How often the fund pays distributions — monthly payments are generally preferred by income investors.

See the full Return analysis for both XYLD and GPIX — yield ratings, distribution consistency scores, and capital history.

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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 XYLD and GPIX are available in the Dependable Income Investing app.

See our full scoring methodology →

Frequently Asked Questions: XYLD vs GPIX

Which has a lower expense ratio, XYLD or GPIX?

XYLD: MER is 0.6%.
GPIX: Gross expense ratio is 0.35 - quite low.

Which fund has more assets under management, XYLD or GPIX?

XYLD: 3.1 billion in this fund.
GPIX: Fund has about 2.4 Billion under management.

Which fund has been trading longer, XYLD or GPIX?

XYLD: Fund started June 21st 2013 and is one of the original covered call index funds.
GPIX: Fund inception date was Oct 24 2023.

Who manages XYLD vs GPIX?

XYLD: Mirae Asset Global Investments - a South Korean financial services company - manages over US$200 billion in assets worldwide.
GPIX: Goldman Sachs manages nearly 3 trillion in assets.

Where can I see the full XYLD 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 XYLD and GPIX?

GlobalX S&P 500 Covered Call ETF is a Index Based Fund. MER is 0.6%. 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, XYLD or GPIX?

XYLD: MER is 0.6%. Fund started June 21st 2013 and is one of the original covered call index funds. 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 XYLD and GPIX pay monthly distributions?

XYLD: Pays monthly. 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 XYLD 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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