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Data as of Nov 4, 2026.

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Income ETFs

GPIQ vs OCTJ: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, GPIQ paid 10.9% of its price in cash against OCTJ’s 5.3%, and returned more with it reinvested.

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Net assets: $6.4bn on Nov 3, 2026 for Goldman Sachs Nasdaq-100 Premium Income ETF, and $15m on Nov 4, 2026 for Innovator Premium Income 30 Barrier ETF - October.

GPIQ on its own →OCTJ on its own →
At a glance
10.9%
GPIQ cash paid, 1 year
5.3%
OCTJ cash paid, 1 year
+13.0%
GPIQ total return, 1 year
+5.8%
OCTJ total return, 1 year
GPIQ · 1 year to Nov 4, 2026 0.7 pts ahead of QQQ
GPIQ
+13.0%
QQQ
+12.3%

0.7 pts ahead of QQQ

GPIQ over 1 year: paid 10.9%, price +1.7%, total +13.0%, QQQ +12.3%, +0.7 pts. Data to Nov 4, 2026.

QQQ

+12.3%

GPIQ

+13.0%

10.9% of it arrived as cash

0.7 pts ahead of QQQ

Total return, distributions reinvested

0.7 pts ahead of QQQ

GPIQ over 1 year: paid 10.9%, price +1.7%, total +13.0%, QQQ +12.3%, +0.7 pts. Data to Nov 4, 2026.

QQQ

+12.3%

GPIQ

+13.0%

10.9% as cash

0.7 pts ahead of QQQ

10.9% of it arrived as cash. Total return, distributions reinvested. GPIQ over 1 year: paid 10.9%, price +1.7%, total +13.0%, QQQ +12.3%, +0.7 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
OCTJ · 1 year to Nov 4, 2026 9 pts behind SPY
OCTJ
+5.8%
SPY
+14.8%

9 pts behind SPY

OCTJ over 1 year: paid 5.3%, price +0.3%, total +5.8%, SPY +14.8%, −9.0 pts. Data to Nov 4, 2026.

SPY

+14.8%

OCTJ

+5.8%

5.3% of it arrived as cash

9 pts behind SPY

Total return, distributions reinvested

9 pts behind SPY

OCTJ over 1 year: paid 5.3%, price +0.3%, total +5.8%, SPY +14.8%, −9.0 pts. Data to Nov 4, 2026.

SPY

+14.8%

OCTJ

+5.8%

9 pts behind SPY

5.3% of it arrived as cash. Both charts share one scale, 0 to +14.8%. OCTJ over 1 year: paid 5.3%, price +0.3%, total +5.8%, SPY +14.8%, −9.0 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.

Pair scorecard

GPIQ costs 0.50 points a year less; their one-year returns differ by 7.2 points; GPIQ is far larger, $6.4bn against $15m.

Points (pts) are percentage points.

GPIQ vs OCTJ: Dividend Yield & Total Return
MeasureGPIQOCTJ
Paid and earned
Total return, 1 year+13.0%+5.8%
Price change, 1 yearrose 1.7%rose 0.3%
Return of capital, issuer estimate36% of the Oct 2, 2026 payment
Against its benchmark
BenchmarkNasdaq-100, measured through QQQS&P 500, measured through SPY
Against its benchmark, same daysahead by 0.7 ptsbehind by 9.0 pts
Cost and size
Expense ratio0.29%0.79%
Net assets, as of Nov 3, 2026$6.4bn$15m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · GPIQ scores higher How much of what it paid out did its total return cover?
IQ Income Score69.8GPIQ65OCTJ

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

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

0%

By the books each fund has filed, GPIQ and OCTJ hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GPIQ OCTJ
Only in one fund ↓
Only in GPIQ
NVIDIA CORP 7.47%
APPLE INC 6.59%
MICRON TECHNOLOGY INC 5.62%
AMAZON.COM INC 4.20%
ADVANCED MICRO DEVICES INC 4.10%
MICROSOFT CORP 3.95%
ALPHABET INC 3.54%
TESLA INC 3.17%
Only in OCTJ
Check overlap with more funds →

Side by side

GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF · Covered call on QQQ, paying monthly OCTJ Innovator Premium Income 30 Barrier ETF - October · Defined income on SPY, paying quarterly
Issuer Goldman Sachs Innovator
Strategy covered call defined income
Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)
Pays monthly quarterly
Payout rate, annualized 10.5% 5.3%
Expense ratio 0.29% 0.79%
Cash paid, 1 year 10.9% 5.3%
Price change, 1 year +1.7% +0.3%
Total return, 1 year +13.0% +5.8%
Benchmark return, 1 year +12.3% +14.8%
Ahead or behind +0.7 pts −9.0 pts
Return of capital, latest estimate not published 36%
Age 3.0 years 3.1 years
Net assets, GPIQ as of Nov 3, 2026 and OCTJ as of Nov 4, 2026 $6.4bn $15m

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: GPIQ vs OCTJ: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowGPIQOCTJGPIQOCTJGPIQOCTJ
3 months−2.6%+1.0%2.6%1.3%+0.8 pts+1.2 pts
6 months+0.5%+2.4%5.3%2.6%+0.9 pts−2.7 pts
1 year+13.0%+5.8%10.9%5.3%+0.7 pts−9.0 pts
3 years+80.0%+18.1%38.3%17.0%−11.4 pts−64.8 pts
Since launchNot the same days: GPIQ Oct 2023 · OCTJ Oct 2023+91.4%+19.6%40.7%17.2%−13.4 pts−66.5 pts

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About each fund
GPIQ

Over the year to Nov 4, 2026, GPIQ paid 10.9% of its starting value in cash distributions while its price rose 1.7%. With every distribution reinvested, the fund returned +13.0%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 0.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 10.5%, paid monthly.

OCTJ

Over the year to Nov 4, 2026, OCTJ paid 5.3% of its starting value in cash distributions while its price rose 0.3%. With every distribution reinvested, the fund returned +5.8%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 9.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.3%, paid quarterly. Innovator estimates that 36% of the distribution paid Oct 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, GPIQ or OCTJ?
Over the year to Nov 4, 2026, GPIQ paid 10.9% of its starting price in cash and OCTJ paid 5.3%, 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 OCTJ?
With every distribution reinvested, GPIQ returned +13.0% and OCTJ +5.8% over the year to Nov 4, 2026.
Which is cheaper, GPIQ or OCTJ?
GPIQ charges 0.29% a year and OCTJ charges 0.79%, so GPIQ is cheaper. Fees come from each fund's prospectus.
Other comparisons
GPIQ vs GPIXGPIQ vs SPYIGPIQ vs JEPIGPIQ vs OCTHOCTJ vs QYLDOCTJ vs QQQIOCTJ vs JEPQOCTJ vs TDAQ
Where to next
Nasdaq-100 (QQQ) →S&P 500 (SPY) →GPIQ on its own →OCTJ on its own →GPIQ dividend history →GPIQ holdings →OCTJ dividend history →Method →Standards and sources →
Sources and dates
GPIQ filings on SEC EDGAR ↗
GPIQ prospectus with the expense ratio (SEC) ↗
Goldman Sachs website ↗
OCTJ filings on SEC EDGAR ↗
OCTJ prospectus with the expense ratio (SEC) ↗
OCTJ 19a-1 distribution notice ↗
Innovator page for OCTJ ↗

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.

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ETFIQ, GPIQ against OCTJ, data as of Nov 4, 2026. https://etfiq.com/compare/income/gpiq-vs-octj

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