Data as of .
FGSI vs GPIQ: which paid, and which earned it?
Over the year GPIQ paid 11.0% of its price in cash against FGSI’s 8.1%, 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 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, FGSI and GPIQ hold 19% of their money in the same securities at the same weight.
| Holding | FGSI | GPIQ |
|---|---|---|
| Microsoft Corporation | 2.45% | 3.96% |
| NVIDIA Corporation | 2.15% | 7.48% |
| Meta Platforms, Inc. (Class A) | 2.03% | 2.78% |
| Broadcom Inc. | 1.90% | 2.69% |
| Costco Wholesale Corporation | 1.85% | 1.97% |
| Marvell Technology, Inc. | 2.53% | 1.11% |
| Seagate Technology Holdings Plc | 2.15% | 0.90% |
| Netflix, Inc. | 2.04% | 0.89% |
| Palantir Technologies Inc. (Class A) | 2.63% | 0.81% |
| Applovin Corp. (Class A) | 1.42% | 0.74% |
| Fortinet, Inc. | 2.06% | 0.69% |
| Cadence Design Systems, Inc. | 1.68% | 0.58% |
| Only in FGSI | Only in GPIQ |
|---|---|
| Newmont Corporation 2.70% | APPLE INC 6.59% |
| Arista Networks, Inc. 2.32% | MICRON TECHNOLOGY INC 5.62% |
| Target Corporation 2.22% | AMAZON.COM INC 4.20% |
| CME Group Inc. 2.21% | ADVANCED MICRO DEVICES INC 4.11% |
| ResMed Inc. 2.21% | ALPHABET INC 3.54% |
| Garmin Ltd. 2.15% | TESLA INC 3.17% |
| Incyte Corporation 2.09% | INTEL CORP 3.01% |
| Mastercard Incorporated 2.03% | ALPHABET INC 2.57% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FGSI | GPIQ | FGSI | GPIQ | FGSI | GPIQ | |
| 3 months | +2.4% | −1.7% | 2.1% | 2.5% | +0.2 pts | +0.8 pts |
| 6 months | +10.0% | +20.5% | 4.4% | 5.9% | −8.0 pts | −3.7 pts |
| 1 year | +5.3% | +21.4% | 8.1% | 11.0% | −11.3 pts | −0.4 pts |
| Since launch | +11.9% | +98.3% | 9.8% | 38.2% | −14.3 pts | −15.0 pts |
| FGSI FT Vest Growth Strength & Target Income ETF Option income on SPY, paying monthly | GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF Covered call on QQQ, paying monthly | |
|---|---|---|
| Issuer | First Trust | Goldman Sachs |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.6% | 10.5% |
| Expense ratio | 0.85% | 0.29% |
| Cash paid, 1 year | 8.1% | 11.0% |
| Price change, 1 year | −3.2% | +9.3% |
| Total return, 1 year | +5.3% | +21.4% |
| Benchmark return, 1 year | +16.6% | +21.8% |
| Ahead or behind | −11.3 pts | −0.4 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 449 days | 1058 days |
| Net assets | $2m | $5.8bn |
FGSI in plain words
Over the year to Sep 18, 2026, FGSI paid 8.1% of its starting value in cash distributions while its price fell 3.2%. With every distribution reinvested, the fund returned +5.3%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 11.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, paid monthly.
GPIQ in plain words
Over the year to Sep 18, 2026, GPIQ paid 11.0% of its starting value in cash distributions while its price rose 9.3%. With every distribution reinvested, the fund returned +21.4%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 10.5%, paid monthly.
Questions people ask
- Which paid more, FGSI or GPIQ?
- Over the year to Sep 18, 2026, FGSI paid 8.1% of its starting price in cash and GPIQ paid 11.0%, so GPIQ paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, FGSI or GPIQ?
- With every distribution reinvested, FGSI returned +5.3% and GPIQ returned +21.4% over the year to Sep 18, 2026, so GPIQ returned more.
- Which is cheaper, FGSI or GPIQ?
- FGSI charges 0.85% 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, FGSI against GPIQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/fgsi-vs-gpiq Free to use with attribution; the underlying files are at Open data.