Data as of . Every figure is the income desk's own, on published data.
GPIX vs MSFO
What they hold in common
By the books each fund has filed, GPIX and MSFO hold 0% of their money in the same securities at the same weight.
| Only in GPIX | Only in MSFO |
|---|---|
| NVIDIA CORP 7.33% | TREASURY BILL 32.44% |
| APPLE INC 6.47% | TREASURY BILL 31.42% |
| ALPHABET INC 4.37% | TREASURY BILL 14.95% |
| MICROSOFT CORP 3.90% | TREASURY BILL 12.47% |
| AMAZON.COM INC 3.39% | TREASURY BILL 8.72% |
| BROADCOM INC 2.80% | |
| MICRON TECHNOLOGY INC 2.02% | |
| TESLA INC 1.89% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GPIX | MSFO | GPIX | MSFO | GPIX | MSFO | |
| 3 months | +4.9% | +16.0% | 2.2% | 11.2% | +0.2 pts | −4.2 pts |
| 6 months | +13.8% | +18.9% | 4.5% | 20.6% | −1.3 pts | −3.8 pts |
| 1 year | +19.5% | +0.3% | 8.9% | 27.9% | −0.4 pts | +1.1 pts |
| 3 years | n/a | +51.3% | n/a | 78.8% | n/a | −2.1 pts |
| Since launch | +81.7% | +55.5% | 30.5% | 81.0% | −11.4 pts | −2.8 pts |
| GPIX Goldman Sachs S&P 500 Premium Income ETF | MSFO YieldMax(R) MSFT Option Income Strategy ETF | |
|---|---|---|
| Issuer | Goldman Sachs | YieldMax |
| Strategy | covered call | synthetic covered call |
| Benchmark | S&P 500 (SPY) | Microsoft (MSFT) |
| Pays | monthly | weekly |
| Payout rate, annualised | 8.5% | 41.2% |
| Expense ratio | not published | 1.03% |
| Cash paid, 1 year | 8.9% | 27.9% |
| Price change, 1 year | +9.8% | −30.3% |
| Total return, 1 year | +19.5% | +0.3% |
| Benchmark return, 1 year | +20.0% | −0.8% |
| Ahead or behind | −0.4 pts | +1.1 pts |
| Return of capital, latest estimate | not published | 95% |
| Age | 1044 days | 1106 days |
GPIX in plain words
Over the year to Sep 4, 2026, GPIX paid 8.9% of its starting value in cash distributions while its price rose 9.8%. With every distribution reinvested, the fund returned +19.5%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was about even. At its price on Sep 4, 2026 the latest distribution annualises to 8.5%, paid monthly.
MSFO in plain words
Over the year to Sep 4, 2026, MSFO paid 27.9% of its starting value in cash distributions while its price fell 30.3%. With every distribution reinvested, the fund returned +0.3%. Microsoft (MSFT) returned −0.8% over the same days, so a holder was ahead by 1.1 pts. At its price on Sep 4, 2026 the latest distribution annualises to 41.2%, paid weekly. YieldMax estimates that 95% of the distribution paid Sep 4, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
Questions people ask
- Which paid more, GPIX or MSFO?
- Over the year to Sep 4, 2026, GPIX paid 8.9% of its starting price in cash and MSFO paid 27.9%, so MSFO paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, GPIX or MSFO?
- With every distribution reinvested, GPIX returned +19.5% and MSFO returned +0.3% over the year to Sep 4, 2026, so GPIX returned more.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GPIX against MSFO, data as of Sep 4, 2026. https://etfiq.com/compare/income/GPIX-MSFO.html Free to use with attribution; the underlying files are at Open data.