Data as of .
AIPI vs GPIQ: which paid, and which earned it?
Over the year AIPI paid 31.3% of its price in cash against GPIQ’s 11.1%, and returned more with it reinvested.
ETFIQ Return Stability Score: GPIQ scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 161 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, AIPI and GPIQ hold 39% of their money in the same securities at the same weight.
| Holding | AIPI | GPIQ |
|---|---|---|
| NVIDIA CORPORATION | 8.23% | 7.48% |
| MICRON TECHNOLOGY, INC. | 4.15% | 5.62% |
| ADVANCED MICRO DEVICES, INC. | 3.32% | 4.11% |
| INTEL CORPORATION | 2.67% | 3.01% |
| APPLE INC. | 2.58% | 6.59% |
| MICROSOFT CORPORATION | 2.52% | 3.96% |
| BROADCOM INC. | 2.46% | 2.69% |
| META PLATFORMS, INC. | 2.41% | 2.78% |
| AMAZON.COM, INC. | 2.34% | 4.20% |
| ALPHABET INC. | 2.29% | 3.54% |
| CISCO SYSTEMS, INC. | 3.04% | 2.05% |
| PALO ALTO NETWORKS, INC. | 3.61% | 1.30% |
| Only in AIPI | Only in GPIQ |
|---|---|
| SUPER MICRO COMPUTER, INC. 3.95% | TESLA INC 3.17% |
| IONQ Inc 3.62% | ALPHABET INC 2.57% |
| SERVICENOW, INC. 3.17% | APPLIED MATERIALS INC 2.51% |
| INTERNATIONAL BUSINESS MACHINES CORPORAT 2.98% | LAM RESEARCH CORP 2.37% |
| SALESFORCE, INC. 2.41% | WALMART INC 2.12% |
| ARISTA NETWORKS, INC. 2.14% | COSTCO WHOLESALE CORP 1.97% |
| KLA CORP 1.74% | |
| SANDISK CORP 1.48% |
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 dated Jun 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| AIPI | GPIQ | AIPI | GPIQ | AIPI | GPIQ | |
| 3 months | +8.2% | −0.4% | 8.5% | 2.6% | +8.2 pts | +0.4 pts |
| 6 months | +21.7% | +17.3% | 16.8% | 5.8% | −10.6 pts | −3.4 pts |
| 1 year | +23.7% | +21.9% | 31.3% | 11.1% | −12.0 pts | −1.1 pts |
| Since launch | +54.8% | +96.4% | 63.7% | 38.2% | −36.0 pts | −15.0 pts |
| AIPI REX AI EQUITY PREMIUM INCOME ETF Covered call on AIQ, paying weekly | GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF Covered call on QQQ, paying monthly | |
|---|---|---|
| Issuer | REX | Goldman Sachs |
| Strategy | covered call | covered call |
| Benchmark | AI and technology (AIQ), used as the AI proxy | Nasdaq-100 (QQQ) |
| Pays | weekly | monthly |
| Payout rate, annualized | 35.0% | 10.6% |
| Expense ratio | 0.65% | 0.29% |
| Cash paid, 1 year | 31.3% | 11.1% |
| Price change, 1 year | −12.2% | +9.8% |
| Total return, 1 year | +23.7% | +21.9% |
| Benchmark return, 1 year | +35.7% | +23.0% |
| Ahead or behind | −12.0 pts | −1.1 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 829 days | 1051 days |
AIPI in plain words
Over the year to Sep 11, 2026, AIPI paid 31.3% of its starting value in cash distributions while its price fell 12.2%. With every distribution reinvested, the fund returned +23.7%. AI and technology (AIQ), used as the AI proxy returned +35.7% over the same days, so a holder was behind by 12.0 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 35.0%, paid weekly. REX estimates that 100% of the distribution paid was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
GPIQ in plain words
Over the year to Sep 11, 2026, GPIQ paid 11.1% of its starting value in cash distributions while its price rose 9.8%. With every distribution reinvested, the fund returned +21.9%. Nasdaq-100 (QQQ) returned +23.0% over the same days, so a holder was behind by 1.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 10.6%, paid monthly.
Questions people ask
- Which paid more, AIPI or GPIQ?
- Over the year to Sep 11, 2026, AIPI paid 31.3% of its starting price in cash and GPIQ paid 11.1%, so AIPI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, AIPI or GPIQ?
- With every distribution reinvested, AIPI returned +23.7% and GPIQ returned +21.9% over the year to Sep 11, 2026, so AIPI returned more.
- Which is cheaper, AIPI or GPIQ?
- AIPI charges 0.65% a year and GPIQ charges 0.29%, so GPIQ is cheaper. Fees come from each fund's prospectus.
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, AIPI against GPIQ, data as of Sep 11, 2026. https://etfiq.com/compare/income/aipi-vs-gpiq Free to use with attribution; the underlying files are at Open data.