GPIX vs SPY: Holdings Overlap
GPIXGoldman Sachs S&P 500 Premium Income ETF
Goldman Sachs · 494 holdings · $5.3B · as of 2026-03-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 128 days apart (GPIX: 2026-03-31, SPY: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are GPIX and SPY?
Goldman Sachs S&P 500 Premium Income ETF (GPIX, by Goldman Sachs) holds 494 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 482 holdings in common, and by portfolio weight the two funds are 86.9% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 86.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 482GPIX holds 494 · SPY holds 504
- Weight in Shared Holdings
- GPIX 94%·SPY 98%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in GPIX
12 of 494 positions (5.5% of the fund) are not held by SPY.
Sector Breakdown
| Sector | GPIX | SPY |
|---|---|---|
| Information Technology | 32.5% | 37.6% |
| Financials | 12.2% | 12.3% |
| Communication Services | 7.2% | 9.7% |
| Consumer Discretionary | 9.6% | 9.3% |
| Health Care | 9.3% | 8.9% |
| Other Sectors | 25.0% | 22.1% |
| Unclassified | 3.7% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (4% of GPIX, 0% of SPY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| GPIX | +2.8% | +13.0% | +22.3% | — | — | — | 8.02% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in GPIX vs SPY →
Shared Holdings(482)
The top 10 shared positions account for 39% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.59% | 8.00% | 7.59% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.68% | 6.92% | 6.68% |
 MSFTMicrosoft Corp. COM | 4.82% | 5.60% | 4.82% |
 AMZNAmazon.com, Inc. COM | 3.67% | 4.02% | 3.67% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.80% | 3.16% | 2.80% |
 AVGOBroadcom Inc COM | 2.58% | 3.00% | 2.58% |
 GOOGAlphabet Inc. CAP STK CL C | 1.61% | 2.54% | 1.61% |
 METAMeta Platforms, Inc., Class A | 1.50% | 1.95% | 1.50% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.60% | 1.45% | 1.45% |
 JPMJPMorgan Chase & Co. COM | 1.46% | 1.44% | 1.44% |
 TSLATesla Inc COM | 1.82% | 1.36% | 1.36% |
 LLYEli Lilly & Co. COM | 1.33% | 1.42% | 1.33% |
 JNJJohnson & Johnson COM | 1.06% | 0.93% | 0.93% |
 VVisa, Inc., Class A | 0.82% | 0.93% | 0.82% |
 WMTWalmart Inc COM | 0.99% | 0.74% | 0.74% |
 MUMicron Technology Inc. COM | 0.69% | 1.50% | 0.69% |
 MAMasterCard Incorporated CL A | 0.64% | 0.70% | 0.64% |
 COSTCostco Wholesale Corporation COM | 0.81% | 0.63% | 0.63% |
 ABBVAbbVie Inc. COM | 0.63% | 0.65% | 0.63% |
 AMDAdvanced Micro Devices Inc. COM | 0.60% | 1.20% | 0.60% |
 BACBank of America Corp. COM | 0.60% | 0.62% | 0.60% |
 CATCaterpillar Inc COM | 0.60% | 0.59% | 0.59% |
 CSCOCisco Systems, Inc. COM | 0.56% | 0.72% | 0.56% |
 GEGE Aerospace COM NEW | 0.54% | 0.59% | 0.54% |
 PLTRPalantir Technologies, Inc., Class A | 0.59% | 0.54% | 0.54% |
Showing the top 250 of 482 shared holdings by overlap weight.
Frequently Asked Questions
How much do GPIX and SPY overlap?
GPIX and SPY overlap by 86.9% of portfolio weight. They share 482 holdings (GPIX holds 494 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GPIX and SPY?
The two portfolios are 86.9% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of GPIX and SPY?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 39% of the total overlap.
What does GPIX own that SPY doesn't?
12 positions (5.5% of GPIX) are unique to GPIX, led by Vanguard World Fund COMM SRVC ETF, XOM and HON. In the other direction, 22 positions (2.4% of SPY) are unique to SPY.