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Data as of .

FEPI vs GPIX: which paid, and which earned it?

Over the year FEPI paid 23.4% of its price in cash against GPIX’s 8.8% and the two finished level on total return.

REX FANG & Innovation Equity Premium Income ETF and Goldman Sachs S&P 500 Premium Income ETF, side by side, income ETFs on ETFIQ.

23.4%FEPI cash paid, 1 year
8.8%GPIX cash paid, 1 year
+17.1%FEPI total return, 1 year
+17.5%GPIX total return, 1 year

ETFIQ Return Stability Score: GPIX scores higher

Was the payout funded by returns, or by your own capital?

FEPI 37.9GPIX 79.53.2, the lowest in this set96.9, the highest

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

FEPI5.8 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%FEPI+17.1%23.4% of it arrived as cash5.8 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%FEPI+17.1%23.4% as cash5.8 pts behind QQQ
GPIXAbout even with SPY · 1 year to Sep 11, 2026
SPY+17.5%GPIX+17.5%8.8% of it arrived as cashabout even with SPYTotal return, distributions reinvestedSPY+17.5%GPIX+17.5%about even with SPY

What they hold in common

By the books each fund has filed, FEPI and GPIX hold 36% of their money in the same securities at the same weight.

Positions FEPI and GPIX both hold, largest shared weight first
HoldingFEPIGPIX
NVIDIA CORPORATION7.76%7.33%
APPLE INC.5.14%6.47%
ALPHABET INC.8.83%4.37%
MICROSOFT CORPORATION5.19%3.90%
AMAZON.COM, INC.5.21%3.39%
BROADCOM INC.8.05%2.80%
MICRON TECHNOLOGY, INC.8.91%2.02%
TESLA, INC.7.47%1.89%
META PLATFORMS, INC.5.14%1.67%
ADVANCED MICRO DEVICES, INC.9.98%1.48%
INTEL CORPORATION5.24%1.02%
ORACLE CORPORATION5.16%0.43%
Largest positions each one holds and the other does not
Only in FEPIOnly in GPIX
United States of America 2.42%BERKSHIRE HATHAWAY INC 1.51%
ELI LILLY & COMPANY 1.48%
ALPHABET INC 1.46%
JP MORGAN CHASE & COMPANY 1.36%
VISA INC 0.99%
EXXONMOBIL HOLDINGS CORP 0.96%
JOHNSON & JOHNSON 0.95%
APPLIED MATERIALS INC 0.90%

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

FEPI and GPIX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FEPIGPIXFEPIGPIXFEPIGPIX
3 months+4.2%+3.4%6.1%2.1%+5.0 pts+0.1 pts
6 months+14.6%+14.6%12.1%4.6%−6.1 pts−1.4 pts
1 year+17.1%+17.5%23.4%8.8%−5.8 pts0.0 pts
Since launch+67.5%+80.5%66.4%30.5%−28.2 pts−11.2 pts
Open the live comparison on ETFIQ
FEPI and GPIX on the same fields, as of Sep 11, 2026. Source: ETFIQ.
FEPI
REX FANG & Innovation Equity Premium Income ETF
Covered call on QQQ, paying weekly
GPIX
Goldman Sachs S&P 500 Premium Income ETF
Covered call on SPY, paying monthly
IssuerREXGoldman Sachs
Strategycovered callcovered call
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyS&P 500 (SPY)
Paysweeklymonthly
Payout rate, annualized25.2%8.6%
Expense ratio0.65%0.29%
Cash paid, 1 year23.4%8.8%
Price change, 1 year−8.5%+7.9%
Total return, 1 year+17.1%+17.5%
Benchmark return, 1 year+23.0%+17.5%
Ahead or behind−5.8 pts0.0 pts
Return of capital, latest estimatenot publishednot published
Age1066 days1051 days

FEPI in plain words

Over the year to Sep 11, 2026, FEPI paid 23.4% of its starting value in cash distributions while its price fell 8.5%. With every distribution reinvested, the fund returned +17.1%. Nasdaq-100 (QQQ), used as the innovation proxy returned +23.0% over the same days, so a holder was behind by 5.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 25.2%, paid weekly.

GPIX in plain words

Over the year to Sep 11, 2026, GPIX paid 8.8% of its starting value in cash distributions while its price rose 7.9%. With every distribution reinvested, the fund returned +17.5%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was about even. At its price on Sep 11, 2026 the latest distribution annualizes to 8.6%, paid monthly.

Questions people ask

Which paid more, FEPI or GPIX?
Over the year to Sep 11, 2026, FEPI paid 23.4% of its starting price in cash and GPIX paid 8.8%, so FEPI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FEPI or GPIX?
With every distribution reinvested, FEPI returned +17.1% and GPIX returned +17.5% over the year to Sep 11, 2026, so GPIX returned more.
Which is cheaper, FEPI or GPIX?
FEPI charges 0.65% 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.

FEPI against GPIX, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FEPI against GPIX, data as of Sep 11, 2026. https://etfiq.com/compare/income/fepi-vs-gpix Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources