Data as of .
GPIQ vs JEPQ: which paid, and which earned it?
Over the year JEPQ paid 12.0% of its price in cash against GPIQ’s 11.1%, though GPIQ 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 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 JEPQ hold 69% of their money in the same securities at the same weight.
| Holding | GPIQ | JEPQ |
|---|---|---|
| NVIDIA CORP | 7.48% | 6.68% |
| APPLE INC | 6.59% | 5.83% |
| MICRON TECHNOLOGY INC | 5.62% | 5.58% |
| MICROSOFT CORP | 3.96% | 3.90% |
| ADVANCED MICRO DEVICES INC | 4.11% | 3.87% |
| AMAZON.COM INC | 4.20% | 3.67% |
| ALPHABET INC | 2.57% | 5.05% |
| TESLA INC | 3.17% | 2.39% |
| META PLATFORMS INC | 2.78% | 2.38% |
| LAM RESEARCH CORP | 2.37% | 2.89% |
| BROADCOM INC | 2.69% | 2.16% |
| WALMART INC | 2.12% | 1.79% |
| Only in GPIQ | Only in JEPQ |
|---|---|
| ALPHABET INC 3.54% | Seagate Technology Holdings plc 1.93% |
| LINDE PLC 1.11% | Citigroup Global Markets Holdings, Inc. 1.14% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 0.90% | Toronto-Dominion Bank (The) 1.14% |
| ASML HOLDING NV 0.83% | BNP Paribas Issuance BV 1.14% |
| FORTINET INC 0.69% | Royal Bank of Canada 1.13% |
| AUTOMATIC DATA PROCESSING INC 0.65% | ASML Holding NV 1.13% |
| CADENCE DESIGN SYSTEMS INC 0.58% | BNP Paribas Issuance BV 1.13% |
| AMERICAN ELECTRIC POWER COMPANY INC 0.38% | Royal Bank of Canada 1.13% |
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 | JEPQ | GPIQ | JEPQ | GPIQ | JEPQ | |
| 3 months | −0.4% | +3.3% | 2.6% | 3.4% | +0.4 pts | +4.1 pts |
| 6 months | +17.3% | +12.6% | 5.8% | 6.6% | −3.4 pts | −8.1 pts |
| 1 year | +21.9% | +18.9% | 11.1% | 12.0% | −1.1 pts | −4.1 pts |
| 3 years | not published | +71.5% | not published | 37.1% | not published | −23.6 pts |
| Since launch | +96.4% | +90.2% | 38.2% | 49.2% | −15.0 pts | −32.5 pts |
| GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF Covered call on QQQ, paying monthly | JEPQ JPMorgan Nasdaq Equity Premium Income ETF Covered call on QQQ, paying monthly | |
|---|---|---|
| Issuer | Goldman Sachs | JPMorgan |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ) | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 10.6% | 13.7% |
| Expense ratio | 0.29% | 0.35% |
| Cash paid, 1 year | 11.1% | 12.0% |
| Price change, 1 year | +9.8% | +6.0% |
| Total return, 1 year | +21.9% | +18.9% |
| Benchmark return, 1 year | +23.0% | +23.0% |
| Ahead or behind | −1.1 pts | −4.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1051 days | 1591 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.
JEPQ in plain words
Over the year to Sep 11, 2026, JEPQ paid 12.0% of its starting value in cash distributions while its price rose 6.0%. With every distribution reinvested, the fund returned +18.9%. Nasdaq-100 (QQQ) returned +23.0% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 13.7%, paid monthly.
Questions people ask
- Which paid more, GPIQ or JEPQ?
- Over the year to Sep 11, 2026, GPIQ paid 11.1% of its starting price in cash and JEPQ paid 12.0%, so JEPQ 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 JEPQ?
- With every distribution reinvested, GPIQ returned +21.9% and JEPQ returned +18.9% over the year to Sep 11, 2026, so GPIQ returned more.
- Which is cheaper, GPIQ or JEPQ?
- GPIQ charges 0.29% a year and JEPQ charges 0.35%, 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 JEPQ, data as of Sep 11, 2026. https://etfiq.com/compare/income/gpiq-vs-jepq Free to use with attribution; the underlying files are at Open data.