Data as of .
GPIQ vs GRNI: which paid, and which earned it?
GPIQ and GRNI both write options for income.
What they hold in common
By the books each fund has filed, GPIQ and GRNI hold 32% of their money in the same securities at the same weight.
| Holding | GPIQ | GRNI |
|---|---|---|
| ADVANCED MICRO DEVICES INC | 4.11% | 4.11% |
| AMAZON.COM INC | 4.20% | 2.99% |
| ALPHABET INC | 3.54% | 2.96% |
| BROADCOM INC | 2.69% | 2.90% |
| NVIDIA CORP | 7.48% | 2.46% |
| APPLE INC | 6.59% | 2.39% |
| MICROSOFT CORP | 3.96% | 2.37% |
| META PLATFORMS INC | 2.78% | 2.23% |
| TESLA INC | 3.17% | 2.14% |
| COSTCO WHOLESALE CORP | 1.97% | 2.37% |
| KLA CORP | 1.74% | 2.75% |
| NETFLIX INC | 0.89% | 2.79% |
| Only in GPIQ | Only in GRNI |
|---|---|
| MICRON TECHNOLOGY INC 5.62% | Quanta Services Inc 3.23% |
| INTEL CORP 3.01% | GE Vernova Inc 3.08% |
| ALPHABET INC 2.57% | Arista Networks Inc 2.86% |
| APPLIED MATERIALS INC 2.51% | Caterpillar Inc 2.73% |
| LAM RESEARCH CORP 2.37% | Eaton Corp PLC 2.64% |
| WALMART INC 2.12% | Bank of New York Mellon Corp/T 2.61% |
| CISCO SYSTEMS INC 2.05% | ONEOK Inc 2.49% |
| SANDISK CORP 1.48% | Air Products and Chemicals Inc 2.48% |
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 | |||
|---|---|---|---|---|---|---|
| GPIQ | GRNI | GPIQ | GRNI | GPIQ | GRNI | |
| 3 months | −1.7% | +2.1% | 2.5% | 2.5% | +0.8 pts | −0.2 pts |
| 6 months | +20.5% | +16.3% | 5.9% | 5.4% | −3.7 pts | −1.8 pts |
| 1 year | +21.4% | not published | 11.0% | not published | −0.4 pts | not published |
| Since launch | +98.3% | +14.5% | 38.2% | 7.8% | −15.0 pts | −2.1 pts |
| GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF Covered call on QQQ, paying monthly | GRNI Fundstrat Granny Shots US Large Cap & Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Goldman Sachs | Fundstrat |
| Strategy | covered call | option income |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 10.5% | 10.0% |
| Expense ratio | 0.29% | 0.99% |
| Cash paid, 1 year | 11.0% | 7.8% (since launch on Nov 18, 2025) |
| Price change, 1 year | +9.3% | +6.2% |
| Total return, 1 year | +21.4% | +14.5% (since launch on Nov 18, 2025) |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −0.4 pts | −2.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1058 days | 304 days |
| Net assets | $5.8bn | $49m |
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.
GRNI in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, GRNI paid 7.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +14.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.0%, paid monthly.
Questions people ask
- Which is cheaper, GPIQ or GRNI?
- GPIQ charges 0.29% a year and GRNI charges 0.99%, 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 GRNI, data as of Sep 18, 2026. https://etfiq.com/compare/income/gpiq-vs-grni Free to use with attribution; the underlying files are at Open data.