Data as of .
APRJ vs GPIX: which paid, and which earned it?
Over the year GPIX paid 8.8% of its price in cash against APRJ’s 5.7%, and returned more with it reinvested.
ETFIQ Return Stability Score: GPIX scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 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, APRJ and GPIX hold 0% of their money in the same securities at the same weight.
| Only in APRJ | Only in GPIX |
|---|---|
| TREASURY BILL 95.06% | NVIDIA CORP 7.33% |
| TREASURY BILL 1.66% | APPLE INC 6.47% |
| TREASURY BILL 1.65% | ALPHABET INC 4.37% |
| TREASURY BILL 1.64% | MICROSOFT CORP 3.90% |
| AMAZON.COM INC 3.39% | |
| 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 dated Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| APRJ | GPIX | APRJ | GPIX | APRJ | GPIX | |
| 3 months | +1.3% | +2.6% | 1.7% | 2.1% | −1.0 pts | +0.3 pts |
| 6 months | +3.8% | +16.6% | 3.0% | 4.7% | −14.2 pts | −1.4 pts |
| 1 year | +6.0% | +17.0% | 5.7% | 8.8% | −10.5 pts | +0.4 pts |
| 3 years | +19.3% | not published | 17.4% | not published | −59.1 pts | not published |
| Since launch | +23.7% | +80.7% | 19.4% | 30.5% | −69.9 pts | −10.8 pts |
| APRJ Innovator Premium Income 30 Barrier ETF - April Defined income on SPY, paying quarterly | GPIX Goldman Sachs S&P 500 Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Innovator | Goldman Sachs |
| Strategy | defined income | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | quarterly | monthly |
| Payout rate, annualized | 6.8% | 8.6% |
| Expense ratio | 0.79% | 0.29% |
| Cash paid, 1 year | 5.7% | 8.8% |
| Price change, 1 year | +0.1% | +7.4% |
| Total return, 1 year | +6.0% | +17.0% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −10.5 pts | +0.4 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1264 days | 1058 days |
| Net assets | $31m | $5.8bn |
APRJ in plain words
Over the year to Sep 18, 2026, APRJ paid 5.7% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +6.0%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 10.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.8%, paid quarterly.
GPIX in plain words
Over the year to Sep 18, 2026, GPIX paid 8.8% of its starting value in cash distributions while its price rose 7.4%. With every distribution reinvested, the fund returned +17.0%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, paid monthly.
Questions people ask
- Which paid more, APRJ or GPIX?
- Over the year to Sep 18, 2026, APRJ paid 5.7% of its starting price in cash and GPIX paid 8.8%, so GPIX paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, APRJ or GPIX?
- With every distribution reinvested, APRJ returned +6.0% and GPIX returned +17.0% over the year to Sep 18, 2026, so GPIX returned more.
- Which is cheaper, APRJ or GPIX?
- APRJ charges 0.79% a year and GPIX charges 0.29%, so GPIX 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, APRJ against GPIX, data as of Sep 18, 2026. https://etfiq.com/compare/income/aprj-vs-gpix Free to use with attribution; the underlying files are at Open data.