Data as of .
GPIQ vs MSTY: which paid, and which earned it?
Over the year MSTY paid 35.1% 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 MSTY hold 0% of their money in the same securities at the same weight.
| Holding | GPIQ | MSTY |
|---|---|---|
| STRATEGY INC | 0.03% | 0.01% |
| Only in GPIQ | Only in MSTY |
|---|---|
| NVIDIA CORP 7.48% | TREASURY BILL 21.68% |
| APPLE INC 6.59% | TREASURY BILL 21.18% |
| MICRON TECHNOLOGY INC 5.62% | TREASURY BILL 20.64% |
| AMAZON.COM INC 4.20% | TREASURY BILL 17.38% |
| ADVANCED MICRO DEVICES INC 4.11% | TREASURY BILL 15.04% |
| MICROSOFT CORP 3.96% | TREASURY BILL 4.07% |
| ALPHABET INC 3.54% | |
| TESLA INC 3.17% |
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 Jan 31, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GPIQ | MSTY | GPIQ | MSTY | GPIQ | MSTY | |
| 3 months | −0.4% | +3.8% | 2.6% | 16.1% | +0.4 pts | −1.8 pts |
| 6 months | +17.3% | −7.2% | 5.8% | 32.0% | −3.4 pts | −1.0 pts |
| 1 year | +21.9% | −54.4% | 11.1% | 35.1% | −1.1 pts | +5.5 pts |
| Since launch | +96.4% | +56.5% | 38.2% | 223.1% | −15.0 pts | −27.1 pts |
| GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF Covered call on QQQ, paying monthly | MSTY YieldMax(R) MSTR Option Income Strategy ETF Synthetic covered call on MSTR, paying weekly | |
|---|---|---|
| Issuer | Goldman Sachs | YieldMax |
| Strategy | covered call | synthetic covered call |
| Benchmark | Nasdaq-100 (QQQ) | MicroStrategy (MSTR) |
| Pays | monthly | weekly |
| Payout rate, annualized | 10.6% | 110.5% |
| Expense ratio | 0.29% | 0.99% |
| Cash paid, 1 year | 11.1% | 35.1% |
| Price change, 1 year | +9.8% | −80.9% |
| Total return, 1 year | +21.9% | −54.4% |
| Benchmark return, 1 year | +23.0% | −59.8% |
| Ahead or behind | −1.1 pts | +5.5 pts |
| Return of capital, latest estimate | not published | 99% |
| Age | 1051 days | 932 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.
MSTY in plain words
Over the year to Sep 11, 2026, MSTY paid 35.1% of its starting value in cash distributions while its price fell 80.9%. With every distribution reinvested, the fund returned −54.4%. MicroStrategy (MSTR) returned −59.8% over the same days, so a holder was ahead by 5.5 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 110.5%, paid weekly. YieldMax estimates that 99% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, GPIQ or MSTY?
- Over the year to Sep 11, 2026, GPIQ paid 11.1% of its starting price in cash and MSTY paid 35.1%, so MSTY 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 MSTY?
- With every distribution reinvested, GPIQ returned +21.9% and MSTY returned −54.4% over the year to Sep 11, 2026, so GPIQ returned more.
- Which is cheaper, GPIQ or MSTY?
- GPIQ charges 0.29% a year and MSTY 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 MSTY, data as of Sep 11, 2026. https://etfiq.com/compare/income/gpiq-vs-msty Free to use with attribution; the underlying files are at Open data.