Data as of Nov 4, 2026.

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Income ETFs

GPIQ vs XSPI: Dividend Yield & Total Return

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GPIQ and XSPI 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 $140m on Oct 28, 2026 for NEOS Boosted S&P 500 High Income ETF.

At a glance
10.9%
GPIQ cash paid, 1 year
13.9%
XSPI cash paid, since launch, Feb 3, 2026
+13.0%
GPIQ total return, 1 year
+12.4%
XSPI total return, since launch, Feb 3, 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.
XSPI · since launch to Nov 4, 2026 About even with SPY
XSPI
+12.4%
SPY
+12.1%

About even with SPY

XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.

SPY

+12.1%

XSPI

+12.4%

13.9% of it arrived as cash

about even with SPY

Total return, distributions reinvested

About even with SPY

XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.

SPY

+12.1%

XSPI

+12.4%

13.9% as cash

about even with SPY

13.9% of it arrived as cash. Both charts share one scale, with zero at the line. XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

GPIQ costs 0.69 points a year less; GPIQ is far larger, $6.6bn against $140m.

Points (pts) are percentage points.

GPIQ vs XSPI: Dividend Yield & Total Return
MeasureGPIQXSPI
Paid and earned
Total return, 1 year+13.0%not published
Price changerose 1.7% (1 year)fell 2.3% (since Feb 3, 2026)
Return of capital, issuer estimate98% of the Oct 9, 2026 payment
Against its benchmark
BenchmarkNasdaq-100, measured through QQQS&P 500, measured through SPY
Cost and size
Expense ratio0.29%0.98%
Net assets, as of Oct 28, 2026$6.6bn$140m
Holdings
Holdings in common50%

Method

Risk and return

Feb 13, 2026 to Oct 30, 2026 · 37 weekly returns
GPIQ XSPI
Return
Total return edge GPIQ (slight) +13.3% +12.2%
Price return edge GPIQ +5.6% +0.3%
Risk
Max drawdown edge GPIQ −6.7% −10.3%
Reading

From Feb 2026 to Oct 2026, GPIQ returned slightly more: +13.3% to +12.2%. GPIQ fell less at its worst: −6.7% to −10.3%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: GPIQ vs XSPI: Dividend Yield & Total Return
MeasureGPIQXSPIEdgeHow it is measured
Return
Total return+13.3%+12.2%GPIQ (slight)Price change plus distributions, reinvested.
Price return+5.6%+0.3%GPIQPrice change alone, distributions left out.
Risk
Max drawdown−6.7%−10.3%GPIQDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 37 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

50%

By the books each fund has filed, GPIQ and XSPI hold 50% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

0 half 100%

half

50% in common

Positions both hold · largest shared weight first GPIQ XSPI
NVIDIA CORP 7.47% 8.10%
APPLE INC 6.59% 7.92%
AMAZON.COM INC 4.20% 3.98%
MICROSOFT CORP 3.95% 6.26%
ALPHABET INC 3.54% 2.66%
BROADCOM INC 2.68% 2.52%
META PLATFORMS INC 2.77% 2.14%
ALPHABET INC 2.56% 2.12%
TESLA INC 3.17% 1.78%
MICRON TECHNOLOGY INC 5.62% 1.49%
ADVANCED MICRO DEVICES INC 4.10% 1.23%
WALMART INC 2.12% 0.87%
Only in one fund ↓
Only in GPIQ
ASML HOLDING NV 0.83%
ARM HOLDINGS PLC 0.67%
SHOPIFY INC 0.52%
MERCADOLIBRE INC 0.44%
ASTERA LABS INC 0.37%
WARNER BROS. DISCOVERY INC 0.33%
ELECTRONIC ARTS INC 0.28%
NEBIUS GROUP NV 0.28%
Only in XSPI
Eli Lilly & Co 1.79%
Berkshire Hathaway Inc 1.65%
JPMORGAN CHASE & CO. 1.45%
ExxonMobil Holdings Corp 1.20%
SPX US 01/15/27 C7695 1.12%
Visa Inc 1.10%
Johnson & Johnson 1.03%
Mastercard Inc 0.83%
Check overlap with more funds →

Side by side

GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF · Covered call on QQQ, paying monthly XSPI NEOS Boosted S&P 500 High Income ETF · Option income on SPY, paying monthly
Strategy covered call option income
Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)
Pays monthly monthly
Payout rate, annualized 10.5% 16.6%
Expense ratio 0.29% 0.98%
Cash paid, 1 year 10.9% 13.9% (since launch, Feb 3, 2026)
Price change, 1 year +1.7% −2.3% (since launch, Feb 3, 2026)
Total return, 1 year +13.0% +12.4% (since launch, Feb 3, 2026)
Benchmark return, 1 year +12.3% +12.1% (since launch, Feb 3, 2026)
Ahead or behind +0.7 pts +0.3 pts (since launch, Feb 3, 2026)
Return of capital, latest estimate not published 98%
Age 3.0 years 274 days
Net assets, GPIQ as of Nov 3, 2026 and XSPI as of Oct 28, 2026 $6.4bn $140m

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 XSPI: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowGPIQXSPIGPIQXSPIGPIQXSPI
3 months−2.6%+1.1%2.6%4.2%+0.8 pts+1.2 pts
6 months+0.5%+7.0%5.3%8.5%+0.9 pts+2.0 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 · XSPI Feb 2026+91.4%+12.4%40.7%13.9%−13.4 pts+0.3 pts

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Client brief

No client brief for this pair: ETFIQ prints no one-year total return for XSPI; the two funds' holdings are dated 126 days apart.

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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.

XSPI

Over the period from its first trade on Feb 3, 2026 to Nov 4, 2026, XSPI paid 13.9% of its starting value in cash distributions while its price fell 2.3%. With every distribution reinvested, the fund returned +12.4%. S&P 500 (SPY) returned +12.1% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 16.6%, paid monthly. NEOS estimates that 98% of the distribution paid Oct 9, 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 XSPI?
GPIQ charges 0.29% a year and XSPI charges 0.98%, so GPIQ is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, GPIQ against XSPI, data as of Nov 4, 2026. https://etfiq.com/compare/income/gpiq-vs-xspi

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