Data as of Nov 4, 2026.

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Income ETFs

GPIQ vs QVOL: Dividend Yield & Total Return

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GPIQ and QVOL both write options for income.

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Net assets: $6.4bn on Nov 3, 2026 for Goldman Sachs Nasdaq-100 Premium Income ETF, and $49m on Aug 31, 2026 for Infrastructure Capital Nasdaq Option Income ETF.

At a glance
10.9%
GPIQ cash paid, 1 year
6.4%
QVOL cash paid, since launch, May 12, 2026
+13.0%
GPIQ total return, 1 year
−7.8%
QVOL total return, since launch, May 12, 2026
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%

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.
QVOL · since launch to Nov 4, 2026 7 pts behind ONEQ
QVOL
−7.8%
ONEQ
−0.8%

7 pts behind ONEQ

QVOL since launch: paid 6.4%, price −13.6%, total −7.8%, ONEQ −0.8%, −7.0 pts. Data to Nov 4, 2026.

ONEQ

−0.8%

QVOL

−7.8%

7 pts behind ONEQ

Total return, distributions reinvested

7 pts behind ONEQ

QVOL since launch: paid 6.4%, price −13.6%, total −7.8%, ONEQ −0.8%, −7.0 pts. Data to Nov 4, 2026.

ONEQ

−0.8%

QVOL

−7.8%

7 pts behind ONEQ

6.4% of it arrived as cash. Both charts share one scale, with zero at the line. QVOL since launch: paid 6.4%, price −13.6%, total −7.8%, ONEQ −0.8%, −7.0 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

GPIQ costs 0.53 points a year less.

Points (pts) are percentage points.

GPIQ vs QVOL: Dividend Yield & Total Return
MeasureGPIQQVOL
Paid and earned
Total return, 1 year+13.0%not published
Price changerose 1.7% (1 year)fell 13.6% (since May 12, 2026)
Against its benchmark
BenchmarkNasdaq-100, measured through QQQFidelity Nasdaq Composite Index ETF, measured through ONEQ
Against its benchmark, same daysahead by 0.7 ptsbehind by 7.0 pts
Cost and size
Expense ratio0.29%0.82%
Net assets, GPIQ as of Nov 3, 2026 and QVOL as of Aug 31, 2026$6.4bn$49m
Holdings
Holdings in common59%

Method

Risk and return

May 22, 2026 to Oct 30, 2026 · 23 weekly returns
GPIQ QVOL
Return
Total return edge GPIQ −2.4% −8.8%
Price return edge GPIQ −6.6% −14.4%
Risk
Max drawdown edge GPIQ −6.7% −13.9%
Reading

From May 2026 to Oct 2026, GPIQ returned more: −2.4% to −8.8%. GPIQ fell less at its worst: −6.7% to −13.9%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: GPIQ vs QVOL: Dividend Yield & Total Return
MeasureGPIQQVOLEdgeHow it is measured
Return
Total return−2.4%−8.8%GPIQPrice change plus distributions, reinvested.
Price return−6.6%−14.4%GPIQPrice change alone, distributions left out.
Risk
Max drawdown−6.7%−13.9%GPIQDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 23 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

59%

By the books each fund has filed, GPIQ and QVOL hold 59% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

59% in common

Positions both hold · largest shared weight first GPIQ QVOL
APPLE INC 6.59% 4.21%
MICRON TECHNOLOGY INC 5.62% 4.19%
ADVANCED MICRO DEVICES INC 4.10% 4.03%
AMAZON.COM INC 4.20% 3.90%
ALPHABET INC 3.54% 6.17%
META PLATFORMS INC 2.77% 3.33%
BROADCOM INC 2.68% 6.42%
INTEL CORP 3.01% 2.38%
MICROSOFT CORP 3.95% 2.31%
APPLIED MATERIALS INC 2.51% 2.19%
CISCO SYSTEMS INC 2.04% 1.98%
LAM RESEARCH CORP 2.37% 1.61%
Only in one fund ↓
Only in GPIQ
TESLA INC 3.17%
ALPHABET INC 2.56%
COSTCO WHOLESALE CORP 1.97%
LINDE PLC 1.11%
PEPSICO INC 0.83%
AUTOMATIC DATA PROCESSING INC 0.65%
VERTEX PHARMACEUTICALS INC 0.63%
MARRIOTT INTERNATIONAL INC 0.58%
Only in QVOL
Oracle Corp 4.93%
Uber Technologies Inc 2.19%
SPACEX 0.38%
ON Semiconductor Corp 0.29%
GLOBALFOUNDRIES Inc 0.23%
Check overlap with more funds →

Side by side

GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF · Covered call on QQQ, paying monthly QVOL Infrastructure Capital Nasdaq Option Income ETF · Option income on ONEQ, paying monthly
Strategy covered call option income
Benchmark Nasdaq-100 (QQQ) Fidelity Nasdaq Composite Index ETF (ONEQ)
Pays monthly monthly
Payout rate, annualized 10.5% 15.3%
Expense ratio 0.29% 0.82%
Cash paid, 1 year 10.9% 6.4% (since launch, May 12, 2026)
Price change, 1 year +1.7% −13.6% (since launch, May 12, 2026)
Total return, 1 year +13.0% −7.8% (since launch, May 12, 2026)
Benchmark return, 1 year +12.3% −0.8% (since launch, May 12, 2026)
Ahead or behind +0.7 pts −7.0 pts (since launch, May 12, 2026)
Return of capital, latest estimate not published not published
Age 3.0 years 176 days
Net assets, GPIQ as of Nov 3, 2026 and QVOL as of Aug 31, 2026 $6.4bn $49m

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 QVOL: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowGPIQQVOLGPIQQVOLGPIQQVOL
3 months−2.6%−12.2%2.6%3.2%+0.8 pts−10.0 pts
6 months+0.5%–5.3%–+0.9 pts–
1 year+13.0%–10.9%–+0.7 pts–
3 years+80.0%–38.3%–−11.4 pts–
Since launchNot the same days: GPIQ Oct 2023 · QVOL May 2026+91.4%−7.8%40.7%6.4%−13.4 pts−7.0 pts

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Client brief

No client brief for this pair: ETFIQ prints no one-year total return for QVOL.

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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.

QVOL

Over the period from its first trade on May 12, 2026 to Nov 4, 2026, QVOL paid 6.4% of its starting value in cash distributions while its price fell 13.6%. With every distribution reinvested, the fund returned −7.8%. Fidelity Nasdaq Composite Index ETF (ONEQ) returned −0.8% over the same days, so a holder was behind by 7.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 15.3%, paid monthly.

Questions people ask

Which is cheaper, GPIQ or QVOL?
GPIQ charges 0.29% a year and QVOL charges 0.82%, so GPIQ is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, GPIQ against QVOL, data as of Nov 4, 2026. https://etfiq.com/compare/income/gpiq-vs-qvol

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