GPIX vs. JEPI: Why Goldman’s ETF Is the Superior Income Choice

The Goldman Sachs S&P 500 Premium Income ETF (GPIX) is argued to be a better income‑focused ETF than the JPMorgan Equity Premium Income ETF (JEPI), according to a Seeking Alpha analysis. Both funds target steady passive income but differ in strategy and performance characteristics. The author, who holds GPIX, highlights three key criteria where GPIX stands out, including profitability, tax treatment, and participation in market growth. GPIX’s dynamic options strategy adjusts coverage between roughly 25% and 75% of its holdings, potentially capturing more upside in a bull market, whereas JEPI’s more conservative and defensive structure tends to lag during strong market rallies. GPIX also benefits from potentially favorable tax treatment due to return of capital and Section 1256 status, and avoids counterparty credit risk associated with JEPI’s use of equity‑linked notes. However, JEPI may still appeal to conservative investors seeking lower volatility and stability in down markets. A declining recession probability and continued bull market could further favor GPIX’s performance and total returns. #GPIX #JEPI #ETFInvesting #IncomeStrategy #SlimScan #GrowthStocks #CANSLIM