Data as of .
GPIQ vs SCLZ: which paid, and which earned it?
Over the year GPIQ paid 11.0% of its price in cash against SCLZ’s 8.4%, and 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 173 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 SCLZ hold 49% of their money in the same securities at the same weight.
| Holding | GPIQ | SCLZ |
|---|---|---|
| APPLE INC | 6.59% | 6.15% |
| NVIDIA CORP | 7.48% | 5.99% |
| MICRON TECHNOLOGY INC | 5.62% | 7.89% |
| ADVANCED MICRO DEVICES INC | 4.11% | 5.14% |
| AMAZON.COM INC | 4.20% | 3.75% |
| MICROSOFT CORP | 3.96% | 3.71% |
| ALPHABET INC | 3.54% | 5.18% |
| META PLATFORMS INC | 2.78% | 3.34% |
| BROADCOM INC | 2.69% | 4.71% |
| CISCO SYSTEMS INC | 2.05% | 3.01% |
| TESLA INC | 3.17% | 1.80% |
| WALMART INC | 2.12% | 1.48% |
| Only in GPIQ | Only in SCLZ |
|---|---|
| INTEL CORP 3.01% | ELI LILLY & COMPANY 3.86% |
| ALPHABET INC 2.57% | JP MORGAN CHASE & COMPANY 3.50% |
| APPLIED MATERIALS INC 2.51% | BERKSHIRE HATHAWAY INC 3.10% |
| LAM RESEARCH CORP 2.37% | GE AEROSPACE 2.74% |
| KLA CORP 1.74% | JOHNSON & JOHNSON 2.41% |
| SANDISK CORP 1.48% | VISA INC 2.27% |
| PALO ALTO NETWORKS INC 1.30% | EXXON MOBIL CORP 1.92% |
| TEXAS INSTRUMENTS INC 1.23% | CATERPILLAR INC 1.84% |
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 Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GPIQ | SCLZ | GPIQ | SCLZ | GPIQ | SCLZ | |
| 3 months | −1.7% | +2.9% | 2.5% | 2.1% | +0.8 pts | −3.6 pts |
| 6 months | +20.5% | +14.2% | 5.9% | 3.8% | −3.7 pts | +1.6 pts |
| 1 year | +21.4% | +13.2% | 11.0% | 8.4% | −0.4 pts | −14.0 pts |
| Since launch | +98.3% | +36.5% | 38.2% | 19.6% | −15.0 pts | −6.3 pts |
| GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF Covered call on QQQ, paying monthly | SCLZ Swan Enhanced Dividend Income ETF Dividend stocks with call overlay on SCHD, paying monthly | |
|---|---|---|
| Issuer | Goldman Sachs | Swan |
| Strategy | covered call | dividend stocks with call overlay |
| Benchmark | Nasdaq-100 (QQQ) | US dividend stocks (SCHD), used as the dividend proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 10.5% | 8.5% |
| Expense ratio | 0.29% | 0.79% |
| Cash paid, 1 year | 11.0% | 8.4% |
| Price change, 1 year | +9.3% | +4.1% |
| Total return, 1 year | +21.4% | +13.2% |
| Benchmark return, 1 year | +21.8% | +27.2% |
| Ahead or behind | −0.4 pts | −14.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1058 days | 934 days |
| Net assets | $5.8bn | $20m |
GPIQ in plain words
Over the year to Sep 18, 2026, GPIQ paid 11.0% of its starting value in cash distributions while its price rose 9.3%. With every distribution reinvested, the fund returned +21.4%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 10.5%, paid monthly.
SCLZ in plain words
Over the year to Sep 18, 2026, SCLZ paid 8.4% of its starting value in cash distributions while its price rose 4.1%. With every distribution reinvested, the fund returned +13.2%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 14.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.5%, paid monthly.
Questions people ask
- Which paid more, GPIQ or SCLZ?
- Over the year to Sep 18, 2026, GPIQ paid 11.0% of its starting price in cash and SCLZ paid 8.4%, 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 SCLZ?
- With every distribution reinvested, GPIQ returned +21.4% and SCLZ returned +13.2% over the year to Sep 18, 2026, so GPIQ returned more.
- Which is cheaper, GPIQ or SCLZ?
- GPIQ charges 0.29% a year and SCLZ charges 0.79%, 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 SCLZ, data as of Sep 18, 2026. https://etfiq.com/compare/income/gpiq-vs-sclz Free to use with attribution; the underlying files are at Open data.