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ETF Comparison

GPIX vs XDTE: Which Is the Better Pick in 2026?

A head-to-head comparison of Goldman Sachs S&P 500 Core Premium Income ETF and Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call covering yield, cost, risk, and income potential.

Data updated April 9, 2026

Side-by-side snapshot

GPIXXDTE
Full nameGoldman Sachs S&P 500 Core Premium Income ETFRoundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call
IssuerGoldman SachsRoundhill Investments
Price$50.32$36.88
Distribution yield3.04%37.99%
Expense ratio0.29%0.97%
AUM$3.2B$294M
Distribution frequencyMonthlyWeekly
Underlying indexSPXSPX
ObjectiveSeeks current income while maintaining prospects for capital appreciation by investing at least 80% of net assets in companies included in the S&P 500 and selling call options with exposure to the benchmark.Covered Call
Asset classEquityEquity
Inception date03/20/202408/15/2024
Beta0.00.0
Last dividend$0.35$0.21
Ex-dividend date04/01/202604/01/2026

Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

GPIX (Goldman Sachs S&P 500 Core Premium Income ETF) and XDTE (Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call) are both popular monthly-pay seeks current income while maintaining prospects for capital appreciation by investing at least 80% of net assets in companies included in the s&p 500 and selling call options with exposure to the benchmark. ETFs, but they take different approaches.

XDTE offers the higher yield at 37.99% vs 3.04% for GPIX. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

GPIX is cheaper with an expense ratio of 0.29% compared to 0.97%.

GPIX is the larger fund by assets ($3.2B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, GPIX would generate roughly $25.33/month while XDTE would produce $316.58/month at current distribution rates. Both pay monthly distributions.

GPIX yield3.04%
XDTE yield37.99%
Monthly diff on $10K$291.25

Cost & efficiency

Over 10 years on $10,000, GPIX would cost approximately $290 in fees vs $970 for XDTE (simplified, not compounded). The $680.00 difference may be offset by yield or performance.

GPIX ER0.29%
XDTE ER0.97%

Strategy & risk

GPIX tracks SPX with a seeks current income while maintaining prospects for capital appreciation by investing at least 80% of net assets in companies included in the s&p 500 and selling call options with exposure to the benchmark. approach, while XDTE tracks SPX using a covered call strategy. Beta is 0.0 for GPIX and 0.0 for XDTE, indicating XDTE is less volatile relative to the market.

GPIX beta0.0
XDTE beta0.0

Fund details

GPIX is managed by Goldman Sachs (launched 03/20/2024) with $3.2B in assets. XDTE is managed by Roundhill Investments (launched 08/15/2024) with $294M in assets.

GPIX AUM$3.2B
XDTE AUM$294M

Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

Frequently asked questions

Is GPIX or XDTE better for dividend income?

It depends on your goals. XDTE currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between GPIX and XDTE?

GPIX (Goldman Sachs S&P 500 Core Premium Income ETF) tracks SPX with a seeks current income while maintaining prospects for capital appreciation by investing at least 80% of net assets in companies included in the s&p 500 and selling call options with exposure to the benchmark. strategy, while XDTE (Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call) tracks SPX with a covered call approach. They are issued by Goldman Sachs and Roundhill Investments respectively.

Can I hold both GPIX and XDTE?

Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.

Which has lower fees, GPIX or XDTE?

GPIX has an expense ratio of 0.29% while XDTE charges 0.97%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in GPIX vs XDTE generate?

At current yields, $10,000 in GPIX would generate roughly $25.33 per month ($304.00 annually). The same in XDTE would produce about $316.58 per month ($3,799.00 annually).

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