Data as of .
GPIQ vs GPIX: which paid, and which earned it?
Over the year GPIQ paid 11.1% of its price in cash against GPIX’s 8.8%, 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 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, GPIQ and GPIX hold 53% of their money in the same securities at the same weight.
| Holding | GPIQ | GPIX |
|---|---|---|
| NVIDIA CORP | 7.48% | 7.33% |
| APPLE INC | 6.59% | 6.47% |
| MICROSOFT CORP | 3.96% | 3.90% |
| ALPHABET INC | 3.54% | 4.37% |
| AMAZON.COM INC | 4.20% | 3.39% |
| BROADCOM INC | 2.69% | 2.80% |
| MICRON TECHNOLOGY INC | 5.62% | 2.02% |
| TESLA INC | 3.17% | 1.89% |
| META PLATFORMS INC | 2.78% | 1.67% |
| ADVANCED MICRO DEVICES INC | 4.11% | 1.48% |
| ALPHABET INC | 2.57% | 1.46% |
| INTEL CORP | 3.01% | 1.02% |
| Only in GPIQ | Only in GPIX |
|---|---|
| ASML HOLDING NV 0.83% | BERKSHIRE HATHAWAY INC 1.51% |
| ARM HOLDINGS PLC 0.67% | ELI LILLY & COMPANY 1.48% |
| SHOPIFY INC 0.52% | JP MORGAN CHASE & COMPANY 1.36% |
| MERCADOLIBRE INC 0.44% | VISA INC 0.99% |
| ASTERA LABS INC 0.37% | EXXONMOBIL HOLDINGS CORP 0.96% |
| NEBIUS GROUP NV 0.28% | JOHNSON & JOHNSON 0.95% |
| ROCKET LAB CORP 0.27% | CATERPILLAR INC 0.78% |
| COREWEAVE INC 0.23% | MASTERCARD INC 0.74% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GPIQ | GPIX | GPIQ | GPIX | GPIQ | GPIX | |
| 3 months | −0.4% | +3.4% | 2.6% | 2.1% | +0.4 pts | +0.1 pts |
| 6 months | +17.3% | +14.6% | 5.8% | 4.6% | −3.4 pts | −1.4 pts |
| 1 year | +21.9% | +17.5% | 11.1% | 8.8% | −1.1 pts | 0.0 pts |
| Since launch | +96.4% | +80.5% | 38.2% | 30.5% | −15.0 pts | −11.2 pts |
| GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF Covered call on QQQ, paying monthly | GPIX Goldman Sachs S&P 500 Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Goldman Sachs | Goldman Sachs |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 10.6% | 8.6% |
| Expense ratio | 0.29% | 0.29% |
| Cash paid, 1 year | 11.1% | 8.8% |
| Price change, 1 year | +9.8% | +7.9% |
| Total return, 1 year | +21.9% | +17.5% |
| Benchmark return, 1 year | +23.0% | +17.5% |
| Ahead or behind | −1.1 pts | 0.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1051 days | 1051 days |
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.
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, GPIQ or GPIX?
- Over the year to Sep 11, 2026, GPIQ paid 11.1% of its starting price in cash and GPIX paid 8.8%, 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, GPIQ or GPIX?
- With every distribution reinvested, GPIQ returned +21.9% and GPIX returned +17.5% over the year to Sep 11, 2026, so GPIQ returned more.
- Which is cheaper, GPIQ or GPIX?
- GPIQ charges 0.29% a year and GPIX 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, GPIQ against GPIX, data as of Sep 11, 2026. https://etfiq.com/compare/income/gpiq-vs-gpix Free to use with attribution; the underlying files are at Open data.