Which paid more, FTQI or GPIX?

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting price in cash and GPIX paid 8.8%, so FTQI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, FTQI or GPIX?

With every distribution reinvested, FTQI returned +16.5% and GPIX +15.6% over the year to Nov 4, 2026.

Which is cheaper, FTQI or GPIX?

FTQI charges 0.75% a year and GPIX charges 0.29%, so GPIX is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FTQI vs GPIX: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FTQI paid 12.1% of its price in cash against GPIX’s 8.8%, and returned more with it reinvested.

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Net assets on Nov 3, 2026: $997m for First Trust Nasdaq BuyWrite Income ETF and $6.4bn for Goldman Sachs S&P 500 Premium Income ETF.

FTQI on its own →GPIX on its own →

At a glance

12.1%

FTQI cash paid, 1 year

8.8%

GPIX cash paid, 1 year

+16.5%

FTQI total return, 1 year

+15.6%

GPIX total return, 1 year

FTQI · 1 year to Nov 4, 2026 4.2 pts ahead of QQQ

FTQI

+16.5%

QQQ

+12.3%

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% of it arrived as cash

4.2 pts ahead of QQQ

Total return, distributions reinvested

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% as cash

4.2 pts ahead of QQQ

12.1% of it arrived as cash. Total return, distributions reinvested. FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

GPIX · 1 year to Nov 4, 2026 0.8 pts ahead of SPY

GPIX

+15.6%

SPY

+14.8%

0.8 pts ahead of SPY

GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

GPIX

+15.6%

8.8% of it arrived as cash

0.8 pts ahead of SPY

Total return, distributions reinvested

0.8 pts ahead of SPY

GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

GPIX

+15.6%

8.8% cash

0.8 pts ahead of SPY

8.8% of it arrived as cash. Both charts share one scale, 0 to +16.5%. GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +16.5%. Data to Nov 4, 2026.

Pair scorecard

GPIX costs 0.46 points a year less; their one-year returns differ by 0.9 points; GPIX is 6.4 times larger.

Points (pts) are percentage points.

FTQI vs GPIX: Dividend Yield & Total Return
Measure	FTQI	GPIX
Paid and earned
Measure	FTQI	GPIX
Total return, 1 year	+16.5%	+15.6%
Price change, 1 year	rose 3.5%	rose 6.2%
Against its benchmark
Measure	FTQI	GPIX
Benchmark	Nasdaq-100, measured through QQQ	S&P 500, measured through SPY
Cost and size
Measure	FTQI	GPIX
Expense ratio	0.75%	0.29%
Net assets, as of Nov 3, 2026	$997m	$6.4bn
Holdings
Measure	FTQI	GPIX
Holdings in common	42%

ETFIQ Distribution Coverage Score · GPIX scores higher How much of what it paid out did its total return cover?

IQ Income Score74FTQI82.9GPIX

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

FTQI 74

GPIX 82.9

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

42%

By the books each fund has filed, FTQI and GPIX hold 42% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

42% in common

Positions both hold · largest shared weight first FTQI GPIX

Apple Inc. 8.98% 6.45%

NVIDIA Corporation 6.22% 7.31%

Amazon.com, Inc. 4.23% 3.38%

Micron Technology, Inc. 2.01% 2.02%

Tesla, Inc. 3.05% 1.88%

Alphabet Inc. (Class A) 1.72% 4.35%

Meta Platforms, Inc. (Class A) 2.67% 1.67%

Broadcom Inc. 1.64% 2.79%

Microsoft Corporation 1.55% 3.89%

Advanced Micro Devices, Inc. 4.73% 1.48%

Alphabet Inc. (Class C) 1.72% 1.46%

Applied Materials, Inc. 1.00% 0.90%

Only in one fund ↓

Only in FTQI

Medpace Holdings, Inc. 0.86%

Woodward, Inc. 0.81%

Illumina, Inc. 0.79%

DocuSign, Inc. 0.70%

Texas Roadhouse, Inc. 0.66%

Guardant Health, Inc. 0.65%

InterDigital, Inc. 0.53%

Qualys, Inc. 0.49%

Only in GPIX

BERKSHIRE HATHAWAY INC 1.50%

ELI LILLY & COMPANY 1.48%

JP MORGAN CHASE & COMPANY 1.36%

VISA INC 0.99%

WALMART INC 0.83%

MASTERCARD INC 0.73%

HOME DEPOT INC (THE) 0.68%

PROCTER & GAMBLE COMPANY (THE) 0.60%

Check overlap with more funds →

Side by side

FTQI First Trust Nasdaq BuyWrite Income ETF · Covered call on QQQ, paying monthly GPIX Goldman Sachs S&P 500 Premium Income ETF · Covered call on SPY, paying monthly

Issuer First Trust Goldman Sachs

Strategy covered call covered call

Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 12.3% 8.4%

Expense ratio 0.75% 0.29%

Cash paid, 1 year 12.1% 8.8%

Price change, 1 year +3.5% +6.2%

Total return, 1 year +16.5% +15.6%

Benchmark return, 1 year +12.3% +14.8%

Ahead or behind +4.2 pts +0.8 pts

Return of capital, latest estimate 99% not published

Age 12.8 years 3.0 years

Net assets, as of Nov 3, 2026 $997m $6.4bn

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: FTQI vs GPIX: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FTQI	GPIX	FTQI	GPIX	FTQI	GPIX
3 months	+0.4%	+0.9%	3.0%	2.1%	+3.8 pts	+1.0 pts
6 months	+6.6%	+6.0%	6.0%	4.3%	+6.9 pts	+1.0 pts
1 year	+16.5%	+15.6%	12.1%	8.8%	+4.3 pts	+0.9 pts
3 years	+60.8%	+73.9%	38.1%	31.0%	−30.5 pts	−9.0 pts
Since launchNot the same days: FTQI Jan 2014 · GPIX Oct 2023	+138.8%	+82.5%	81.1%	32.5%	−641.3 pts	−10.2 pts

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Alert

About each fund

FTQI

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting value in cash distributions while its price rose 3.5%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.3%, paid monthly. First Trust estimates that 99% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

GPIX

Over the year to Nov 4, 2026, GPIX paid 8.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +15.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was ahead by 0.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.4%, paid monthly.

Questions people ask

Which paid more, FTQI or GPIX?: Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting price in cash and GPIX paid 8.8%, so FTQI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FTQI or GPIX?: With every distribution reinvested, FTQI returned +16.5% and GPIX +15.6% over the year to Nov 4, 2026.
Which is cheaper, FTQI or GPIX?: FTQI charges 0.75% a year and GPIX charges 0.29%, so GPIX is cheaper. Fees come from each fund's prospectus.

Other comparisons

FTQI vs JEPI FTQI vs PBP FTQI vs XDTE FTQI vs XRMI GPIX vs GPIQ GPIX vs QYLD GPIX vs QQQI GPIX vs QLDY

Where to next

Nasdaq-100 (QQQ) →S&P 500 (SPY) →FTQI on its own →GPIX on its own →FTQI dividend history →FTQI holdings →GPIX dividend history →GPIX holdings →Method →Standards and sources →

Sources and dates

FTQI filings on SEC EDGAR ↗

FTQI prospectus with the expense ratio (SEC) ↗

FTQI 19a-1 distribution notice ↗

First Trust page for FTQI ↗

GPIX filings on SEC EDGAR ↗

GPIX prospectus with the expense ratio (SEC) ↗

Goldman Sachs website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FTQI against GPIX, data as of Nov 4, 2026. https://etfiq.com/compare/income/ftqi-vs-gpix

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.