Which paid more, GPIQ or QQQY?

Over the year to Nov 4, 2026, GPIQ paid 10.9% of its starting price in cash and QQQY paid 29.9%, so QQQY 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 QQQY?

With every distribution reinvested, GPIQ returned +13.0% and QQQY +13.6% over the year to Nov 4, 2026.

Which is cheaper, GPIQ or QQQY?

GPIQ charges 0.29% a year and QQQY charges 1.01%, so GPIQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

GPIQ vs QQQY: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, QQQY paid 29.9% of its price in cash against GPIQ’s 10.9%, and returned more with it reinvested.

askIQ about this page

askIQ about GPIQ and QQQY

Net assets on Nov 3, 2026: $6.4bn for Goldman Sachs Nasdaq-100 Premium Income ETF and $178m for Defiance Nasdaq 100 Weekly Distribution ETF.

GPIQ on its own →QQQY on its own →

At a glance

10.9%

GPIQ cash paid, 1 year

29.9%

QQQY cash paid, 1 year

+13.0%

GPIQ total return, 1 year

+13.6%

QQQY 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.

QQQY · 1 year to Nov 4, 2026 1.3 pts ahead of QQQ

QQQY

+13.6%

QQQ

+12.3%

1.3 pts ahead of QQQ

QQQY over 1 year: paid 29.9%, price −17.8%, total +13.6%, QQQ +12.3%, +1.3 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QQQY

+13.6%

29.9% of it arrived as cash

1.3 pts ahead of QQQ

Total return, distributions reinvested

1.3 pts ahead of QQQ

QQQY over 1 year: paid 29.9%, price −17.8%, total +13.6%, QQQ +12.3%, +1.3 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QQQY

+13.6%

29.9% as cash

1.3 pts ahead of QQQ

29.9% of it arrived as cash. Both charts share one scale, with zero at the line. QQQY over 1 year: paid 29.9%, price −17.8%, total +13.6%, QQQ +12.3%, +1.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

GPIQ costs 0.72 points a year less; their one-year returns differ by 0.6 points; GPIQ is far larger, $6.4bn against $178m.

Points (pts) are percentage points.

GPIQ vs QQQY: Dividend Yield & Total Return
Measure	GPIQ	QQQY
Paid and earned
Measure	GPIQ	QQQY
Total return, 1 year	+13.0%	+13.6%
Price change, 1 year	rose 1.7%	fell 17.8%
Against its benchmark
Measure	GPIQ	QQQY
Benchmark	Nasdaq-100, measured through QQQ	Nasdaq-100, measured through QQQ
Cost and size
Measure	GPIQ	QQQY
Expense ratio	0.29%	1.01%
Net assets, as of Nov 3, 2026	$6.4bn	$178m
Holdings
Measure	GPIQ	QQQY
Holdings in common	0%

ETFIQ Distribution Coverage Score · GPIQ scores higher How much of what it paid out did its total return cover?

IQ Income Score69.8GPIQ33.8QQQY

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

GPIQ 69.8

QQQY 33.8

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

By the books each fund has filed, GPIQ and QQQY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GPIQ QQQY

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 QQQY

Ndx 12/18/2026 1000.34 C 98.45%

Ndx 11/05/2026 28516.79 C 0.38%

Ndx 11/05/2026 28437.17 C -0.51%

Check overlap with more funds →

Side by side

GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF · Covered call on QQQ, paying monthly QQQY Defiance Nasdaq 100 Weekly Distribution ETF · Option income on QQQ, paying weekly

Issuer Goldman Sachs Defiance

Strategy covered call option income

Benchmark Nasdaq-100 (QQQ) Nasdaq-100 (QQQ)

Pays monthly weekly

Payout rate, annualized 10.5% 31.5%

Expense ratio 0.29% 1.01%

Cash paid, 1 year 10.9% 29.9%

Price change, 1 year +1.7% −17.8%

Total return, 1 year +13.0% +13.6%

Benchmark return, 1 year +12.3% +12.3%

Ahead or behind +0.7 pts +1.3 pts

Return of capital, latest estimate not published 81%

Age 3.0 years 3.1 years

Net assets, as of Nov 3, 2026 $6.4bn $178m

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 QQQY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	GPIQ	QQQY	GPIQ	QQQY	GPIQ	QQQY
3 months	−2.6%	−3.5%	2.6%	7.3%	+0.8 pts	−0.1 pts
6 months	+0.5%	+0.4%	5.3%	15.4%	+0.9 pts	+0.7 pts
1 year	+13.0%	+13.6%	10.9%	29.9%	+0.7 pts	+1.3 pts
3 years	+80.0%	+51.9%	38.3%	88.2%	−11.4 pts	−39.4 pts
Since launchNot the same days: GPIQ Oct 2023 · QQQY Sep 2023	+91.4%	+49.8%	40.7%	88.1%	−13.4 pts	−37.0 pts

Open this comparison in the app →

Alert

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.

QQQY

Over the year to Nov 4, 2026, QQQY paid 29.9% of its starting value in cash distributions while its price fell 17.8%. With every distribution reinvested, the fund returned +13.6%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 1.3 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 31.5%, paid weekly. Defiance estimates that 81% of the distribution paid Oct 30, 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 QQQY?: Over the year to Nov 4, 2026, GPIQ paid 10.9% of its starting price in cash and QQQY paid 29.9%, so QQQY 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 QQQY?: With every distribution reinvested, GPIQ returned +13.0% and QQQY +13.6% over the year to Nov 4, 2026.
Which is cheaper, GPIQ or QQQY?: GPIQ charges 0.29% a year and QQQY charges 1.01%, so GPIQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

GPIQ vs QQQI GPIQ vs QYLG GPIQ vs TDAQ GPIQ vs IQQQ QQQY vs QYLD QQQY vs QRMI QQQY vs QQQI QQQY vs JEPQ

Where to next

Nasdaq-100 (QQQ) →GPIQ on its own →QQQY on its own →GPIQ dividend history →GPIQ holdings →QQQY dividend history →QQQY holdings →Method →Standards and sources →

Sources and dates

GPIQ filings on SEC EDGAR ↗

GPIQ prospectus with the expense ratio (SEC) ↗

Goldman Sachs website ↗

QQQY filings on SEC EDGAR ↗

QQQY prospectus with the expense ratio (SEC) ↗

QQQY 19a-1 distribution notice ↗

Defiance page for QQQY ↗

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.

Cite this pageCitation, APA and Markdown

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

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.