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Data as of .

GPIQ vs XSHP: which paid, and which earned it?

GPIQ and XSHP both write options for income.

Goldman Sachs Nasdaq-100 Premium Income ETF and Kurv SpaceX (SPAX) Enhanced Income ETF.

11.0%GPIQ cash paid, 1 year
7.3%XSHP cash paid, 1 year
+21.4%GPIQ total return, 1 year
−13.1%XSHP total return, 1 year
GPIQAbout even with QQQ · 1 year to Sep 18, 2026
QQQ+21.8%GPIQ+21.4%11.0% of it arrived as cashabout even with QQQTotal return, distributions reinvestedQQQ+21.8%GPIQ+21.4%about even with QQQ
XSHP16.4 pts behind SPY · since launch to Sep 18, 2026
SPY+3.3%XSHP−13.1%16.4 pts behind SPYTotal return, distributions reinvestedSPY+3.3%XSHP−13.1%16.4 pts behind SPY

Performance, window by window

GPIQ and XSHP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GPIQXSHPGPIQXSHPGPIQXSHP
3 months−1.7%−11.0%2.5%7.4%+0.8 pts−13.3 pts
6 months+20.5%not published5.9%not published−3.7 ptsnot published
1 year+21.4%not published11.0%not published−0.4 ptsnot published
Since launch+98.3%−13.1%38.2%7.3%−15.0 pts−16.4 pts
Open the live comparison on ETFIQ
GPIQ and XSHP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GPIQ
Goldman Sachs Nasdaq-100 Premium Income ETF
Covered call on QQQ, paying monthly
XSHP
Kurv SpaceX (SPAX) Enhanced Income ETF
Covered call on SPY, paying monthly
IssuerGoldman SachsKurv
Strategycovered callcovered call
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY), used as the proxy
Paysmonthlymonthly
Payout rate, annualized10.5%33.5%
Expense ratio0.29%0.99%
Cash paid, 1 year11.0%7.3% (since launch on Jun 17, 2026)
Price change, 1 year+9.3%−21.8%
Total return, 1 year+21.4%−13.1% (since launch on Jun 17, 2026)
Benchmark return, 1 year+21.8%+3.3%
Ahead or behind−0.4 pts−16.4 pts
Return of capital, latest estimatenot published94%
Age1058 days93 days
Net assets$5.8bn$7m

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.

XSHP in plain words

Over the period since launch on Jun 17, 2026 to Sep 18, 2026, XSHP paid 7.3% of its starting value in cash distributions while its price fell 21.8%. With every distribution reinvested, the fund returned −13.1%. S&P 500 (SPY), used as the proxy returned +3.3% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 33.5%, paid monthly. Kurv estimates that 94% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, GPIQ or XSHP?
GPIQ charges 0.29% a year and XSHP charges 0.99%, 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.

GPIQ against XSHP, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GPIQ against XSHP, data as of Sep 18, 2026. https://etfiq.com/compare/income/gpiq-vs-xshp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources