Which is cheaper, GPIQ or RECI?

GPIQ charges 0.29% a year and RECI charges 0.30%, so GPIQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

GPIQ vs RECI: Dividend Yield & Total Return

GPIQ and RECI 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, beside Columbia Research Enhanced Core Premium Income ETF.

GPIQ on its own →RECI on its own →

At a glance

10.9%

GPIQ cash paid, 1 year

1.5%

RECI cash paid, since launch, Jul 14, 2026

+13.0%

GPIQ total return, 1 year

+3.7%

RECI total return, since launch, Jul 14, 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%

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.

RECI · since launch to Nov 4, 2026 Not measured

RECI

+3.7%

none

Not measured

RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

RECI

+3.7%

Total return, distributions reinvested

Not measured

RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

RECI

+3.7%

1.5% of it arrived as cash. Both charts share one scale, 0 to +13.0%. RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

Both charts share one scale, 0 to +13.0%. Data to Nov 4, 2026.

Pair scorecard

GPIQ costs 0.01 points a year less.

Points (pts) are percentage points.

GPIQ vs RECI: Dividend Yield & Total Return
Measure	GPIQ	RECI
Paid and earned
Measure	GPIQ	RECI
Total return, 1 year	+13.0%	not published
Price change	rose 1.7% (1 year)	rose 2.1% (since Jul 14, 2026)
Return of capital, issuer estimate		78% of the Oct 5, 2026 payment
Against its benchmark
Measure	GPIQ	RECI
Benchmark	Nasdaq-100, measured through QQQ	not published
Cost and size
Measure	GPIQ	RECI
Expense ratio	0.29%	0.30%
Net assets	$6.4bn	not read by ETFIQ
Holdings
Measure	GPIQ	RECI
Holdings in common	not published

Method

Side by side

GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF · Covered call on QQQ, paying monthly RECI Columbia Research Enhanced Core Premium Income ETF · Covered call, paying monthly

Issuer Goldman Sachs Columbia

Strategy covered call covered call

Benchmark Nasdaq-100 (QQQ) none

Pays monthly monthly

Payout rate, annualized 10.5% 8.0%

Expense ratio 0.29% 0.30%

Cash paid, 1 year 10.9% 1.5% (since launch, Jul 14, 2026)

Price change, 1 year +1.7% +2.1% (since launch, Jul 14, 2026)

Total return, 1 year +13.0% +3.7% (since launch, Jul 14, 2026)

Benchmark return, 1 year +12.3% not published

Ahead or behind +0.7 pts not available

Return of capital, latest estimate not published 78%

Age 3.0 years 113 days

Net assets $6.4bn not read by ETFIQ

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 RECI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	GPIQ	RECI	GPIQ	RECI	GPIQ	RECI
3 months	−2.6%	+3.5%	2.6%	1.5%	+0.8 pts	not measured
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 · RECI Jul 2026	+91.4%	+3.7%	40.7%	1.5%	−13.4 pts	not measured

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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.

RECI

Over the period from its first trade on Jul 14, 2026 to Nov 4, 2026, RECI paid 1.5% of its starting value in cash distributions while its price rose 2.1%. With every distribution reinvested, the fund returned +3.7%. At its price on Nov 4, 2026 the latest distribution annualizes to 8.0%, paid monthly. Columbia estimates that 78% of the distribution paid Oct 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, GPIQ or RECI?: GPIQ charges 0.29% a year and RECI charges 0.30%, so GPIQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

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Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →GPIQ on its own →RECI on its own →GPIQ dividend history →GPIQ holdings →RECI dividend history →Method →Standards and sources →

Sources and dates

GPIQ filings on SEC EDGAR ↗

GPIQ prospectus with the expense ratio (SEC) ↗

Goldman Sachs website ↗

RECI filings on SEC EDGAR ↗

RECI prospectus with the expense ratio (SEC) ↗

RECI 19a-1 distribution notice ↗

Columbia website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

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

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