GPIX vs SPY: Dividend Yield, Total Return & Fees Compared

Goldman Sachs S&P 500 Core Premium Income ETFSPDR S&P 500 ETF Trust

Data as of the close · refreshed automatically every trading day

Higher yieldGPIX8.09% vs 0.98%
Better 1-year total returnGPIX+18.58% vs +18.48%
Lower expense ratioSPY0.09% vs 0.35%

GPIX vs SPY at a glance

This page compares Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) with SPDR S&P 500 ETF Trust (SPY) using prices and distributions through September 25, 2026. The numbers update automatically after each trading session.

With dividends reinvested, GPIX has led over the last 12 months at +18.58% versus +18.48% for SPY. GPIX currently yields 8.09% (trailing 12-month) against 0.98% for SPY.

GPIX leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.

Key figures for GPIX and SPY
MetricGPIXSPY
Last close$56.33$771.35
Dividend yield8.09% (TTM)0.98% (TTM)
Expense ratio0.35%0.09%
Paysmonthlyquarterly
Dividends, last 12 months$4.56 (12 payments)$7.58 (4 payments)
IssuerGoldman SachsSPDR
InceptionOct 25, 2023Jan 23, 1993

Performance: GPIX vs SPY

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

GPIXSPY

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
GPIXGoldman Sachs S&P 500 Core Premium Income ETF
8.09%
+18.58%Best$56.33$0.397MonthlyGoldman Sachs
SPYSPDR S&P 500 ETF Trust
0.98%
+18.48%$771.35$1.889QuarterlySPDR

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
GPIXGoldman Sachs S&P 500 Core Premium Income ETF+1.13%+5.35%+16.41%+18.58%+36.87%—
SPYSPDR S&P 500 ETF Trust+0.96%+5.31%+18.03%+18.48%+38.43%+85.81%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
GPIXGoldman Sachs S&P 500 Core Premium Income ETF$0.397Sep 1, 2026+1.28%$4.55812 payoutsOct 1, 2025: $0.369Nov 3, 2025: $0.376Dec 1, 2025: $0.374Jan 2, 2026: $0.375Feb 2, 2026: $0.376Mar 2, 2026: $0.372Apr 1, 2026: $0.353May 1, 2026: $0.383Jun 1, 2026: $0.397Jul 1, 2026: $0.394Aug 3, 2026: $0.392Sep 1, 2026: $0.397
SPYSPDR S&P 500 ETF Trust$1.889Sep 18, 2026-0.79%$7.5834 payoutsDec 15, 2023: $1.906Mar 15, 2024: $1.595Jun 21, 2024: $1.759Sep 20, 2024: $1.746Dec 20, 2024: $1.966Mar 21, 2025: $1.696Jun 20, 2025: $1.761Sep 19, 2025: $1.831Dec 19, 2025: $1.993Mar 20, 2026: $1.797Jun 18, 2026: $1.904Sep 18, 2026: $1.889

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

GPIXSPY
Sep 1, 2026$0.397Sep 18, 2026$1.89
Aug 3, 2026$0.392Jun 18, 2026$1.90
Jul 1, 2026$0.394Mar 20, 2026$1.80
Jun 1, 2026$0.397Dec 19, 2025$1.99
May 1, 2026$0.383Sep 19, 2025$1.83
Apr 1, 2026$0.353Jun 20, 2025$1.76
Mar 2, 2026$0.372Mar 21, 2025$1.70
Feb 2, 2026$0.376Dec 20, 2024$1.97
Jan 2, 2026$0.375Sep 20, 2024$1.75
Dec 1, 2025$0.374Jun 21, 2024$1.76
Nov 3, 2025$0.376Mar 15, 2024$1.60
Oct 1, 2025$0.369Dec 15, 2023$1.91

GPIX vs SPY: common questions

Which pays a higher dividend, GPIX or SPY?

As of September 25, 2026, GPIX yields 8.09% (trailing 12-month) and SPY yields 0.98% (trailing 12-month), so GPIX currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, GPIX or SPY?

Over the past year with dividends reinvested, GPIX returned +18.58% and SPY returned +18.48%. Past performance does not predict future results.

What would $10,000 in GPIX vs SPY be worth after one year?

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $11,858 in GPIX and $11,848 in SPY.

Which is cheaper to own, GPIX or SPY?

SPY has the lower expense ratio at 0.09% a year, compared with 0.35% for GPIX. On $10,000 that is roughly $9 vs $35 a year.

How often do GPIX and SPY pay dividends?

GPIX pays monthly (12 payments in the last 12 months) and SPY pays quarterly (4 payments).

Is GPIX or SPY the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Related comparisons

More side-by-side comparisons with GPIX and SPY.

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.