GPIX vs TSPY: Yield, Cost and Returns Compared
As of Nov 7, 2026, TSPY yields more: 14.84% (dividend yield) against 7.89% for GPIX. GPIX is cheaper to own at 0.29% a year vs 0.68%. Over the same 2 years (Aug 2024 to Oct 2026), GPIX returned 15.5% a year with distributions reinvested, and TSPY 14.3%.
GPIXGoldman Sachs S&P 500 Premium Income ETF7.89%dividend yield
TSPYTappAlpha SPY Growth & Daily Income ETF14.84%dividend yield| Compared | GPIX | TSPY |
|---|---|---|
| YieldDividend yield | 7.89% | 14.84% |
| Expense ratio | 0.29% | 0.68% |
| Total return, 1 yr | +13.2% | +10.8% |
| Total return, 3 yr (a year) | +21.1% | — |
| Worst drop since Aug 2024 | -6.8% | -10.1% |
| Share price since Aug 2024 | +14% | −0% |
| Pays | Monthly | Monthly |
| Issuer | Goldman Sachs | TappAlpha |
| Assets | $6.4B | $398.7M |
| Started | 2023 | 2024 |
| Type | Derivative Income | Derivative Income |
Higher yield
TSPY
14.84%
Lower cost
GPIX
0.29%
Better total return
GPIX
15.5%/yr
Smaller worst drop
GPIX
-6.8%
Key facts: GPIX vs TSPY
Data as of · Source: SmarterDividends data
- As of Nov 7, 2026, GPIX yields 7.89% (dividend yield) and TSPY yields 14.84% (dividend yield).
- GPIX's expense ratio is 0.29% and TSPY's is 0.68%: $29 vs $68 a year on $10,000.
- From Aug 2024 to Oct 2026, $10,000 in GPIX grew to $13,667 (15.5% a year) and $10,000 in TSPY to $13,366 (14.3% a year), distributions reinvested.
- Their worst month-end drops over that time: -6.8% for GPIX and -10.1% for TSPY.
- 0 of GPIX's top ten holdings are also in TSPY's top ten.
Cite this page
SmarterDividends, "GPIX vs TSPY: Yield, Cost and Returns Compared," updated Nov 7, 2026, https://smarterdividends.com/compare/gpix-vs-tspy
$10,000 in each, Aug 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
GPIX became
$13,667
15.5% a year
TSPY became
$13,366
14.3% a year
Top holdings
No overlap in the top ten.
GPIX
- AAPL Apple Inc7.7%
- NVDA NVIDIA Corp7.6%
- MSFT Microsoft Corp5.9%
- AMZN Amazon.com Inc3.6%
- XLC State Street® CommServSelSectSPDR®ETF3.5%
- GOOGL Alphabet Inc Class A2.8%
- AVGO Broadcom Inc2.4%
- LLY Eli Lilly and Co1.7%
- TSLA Tesla Inc1.7%
- BRK-B Berkshire Hathaway Inc Class B1.6%
TSPY
- VOO Vanguard S&P 500 ETF99.5%
- FGXXX First American Government Obligs X0.0%
GPIX vs TSPY: questions
Is GPIX or TSPY better?
It depends on the job. TSPY pays more today (14.84% vs 7.89%), GPIX costs less, and GPIX has the better total return over Aug 2024 to Oct 2026, with GPIX holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, GPIX or TSPY?
TSPY, at 14.84% against 7.89% for GPIX as of Nov 7, 2026. On $10,000 that's about $1,484 vs $789 a year at today's rates.
Which has the better total return?
GPIX. From Aug 2024 to Oct 2026, it returned 15.5% a year with distributions reinvested, against 14.3% for TSPY. $10,000 became $13,667 vs $13,366.
Which is cheaper, GPIX or TSPY?
GPIX, with a 0.29% expense ratio against 0.68%.
Do GPIX and TSPY hold the same things?
Not at the top: none of their top ten holdings match.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. GPIX leads on 4 of 5 measures above. For information only, not investment advice. Last fund data: Nov 7, 2026.