FPX vs GVIP
First Trust US Equity Opportunities ETF against Goldman Sachs Hedge Industry VIP ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
15%
10 shared positions
Fee gap
12 bp
GVIP is cheaper
1-year return gap
3.6 pts
GVIP is ahead
Larger fund
FPX
$1.5B
Side by side
| FPX | GVIP | |
|---|---|---|
| Fund | First Trust US Equity Opportunities ETF | Goldman Sachs Hedge Industry VIP ETF |
| Issuer | First Trust | Goldman Sachs |
| Category | Total Market | Multi-Factor |
| Expense ratio | 0.57% | 0.45% |
| Assets | $1.5B | $588M |
| Average daily dollar volume | $4.3M | $1.6M |
| Listed | Apr 12, 2006 | Nov 1, 2016 |
| FrenzyCap score | 52 | 53 |
| 1-month return | +0.1% | +1.7% |
| 3-month return | −4.7% | −2.4% |
| Year to date | +10.3% | +11.7% |
| 1-year return | +7.7% | +11.3% |
| 30-day volatility | 16.5% | 16.3% |
| Worst drawdown, 1 year | −16.3% | −16.4% |
| Trailing 12-month yield | 0.18% | 0.30% |
| Holdings | 102 | 51 |
| Top 10 weight | 45.2% | 22.8% |
| Look-through P/E | 45.2 | 89.2 |
| Holdings vs fair value | +10.1% | +0.2% |
| Holdings above 200-day average | 58% | 70% |
| Net flow, latest 3 reported months | +$147M thru Jun 2026 | +$43M thru May 2026 |
| 30-day implied volatility | 27.4% | 23.3% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
35% of FPX · 20% of GVIP
Sector mix of the stock holdings
| Sector | FPX | GVIP | Gap |
|---|---|---|---|
| Technology | 26.0% | 36.3% | −10.3% |
| Industrials | 23.2% | 23.1% | +0.1% |
| Health Care | 12.4% | 8.2% | +4.1% |
| Financials | 4.9% | 10.1% | −5.3% |
| Communication Services | 6.8% | 5.6% | +1.2% |
| Utilities | 3.4% | 6.3% | −2.9% |
| Consumer Discretionary | 3.4% | 6.0% | −2.6% |
| Consumer Staples | 2.9% | 0.0% | +2.9% |
| Real Estate | 2.6% | 0.0% | +2.6% |
| Materials | 2.4% | 0.0% | +2.4% |
| Energy | 1.5% | 0.0% | +1.5% |
More: full overlap table · FPX holdings · GVIP holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.