Data as of Oct 28, 2026.
GPIX vs MSTY: Dividend Yield & Total Return
Over the year to Oct 28, 2026, MSTY paid 33.4% of its price in cash against GPIX’s 8.6%, though GPIX returned more with it reinvested.
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Net assets on Oct 27, 2026: $6.5bn for Goldman Sachs S&P 500 Premium Income ETF and $1.0bn for YieldMax MSTR Option Income Strategy ETF.
1.1 pts ahead of SPY
GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.
SPY
+13.6%
GPIX
+14.7%
8.6% cash
1.1 pts ahead of SPY
Total return, distributions reinvested
1.1 pts ahead of SPY
GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.
SPY
+13.6%
GPIX
+14.7%
1.1 pts ahead of SPY
8.6% of it arrived as cash. Total return, distributions reinvested. GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.5.6 pts ahead of MSTR
MSTY over 1 year: paid 33.4%, price −75.2%, total −43.4%, MSTR −49.0%, +5.6 pts. Data to Oct 28, 2026.
MSTR
−49.0%
MSTY
−43.4%
5.6 pts ahead of MSTR
Total return, distributions reinvested
5.6 pts ahead of MSTR
MSTY over 1 year: paid 33.4%, price −75.2%, total −43.4%, MSTR −49.0%, +5.6 pts. Data to Oct 28, 2026.
MSTR
−49.0%
MSTY
−43.4%
5.6 pts ahead of MSTR
33.4% of it arrived as cash. Both charts share one scale, with zero at the line. MSTY over 1 year: paid 33.4%, price −75.2%, total −43.4%, MSTR −49.0%, +5.6 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.Pair scorecard
GPIX costs 0.70 points a year less; their one-year returns differ by 58.1 points; GPIX is 6.5 times larger.
Points (pts) are percentage points.
| Measure | GPIX | MSTY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +14.7% | −43.4% |
| Price change, 1 year | rose 5.3% | fell 75.2% |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | MicroStrategy (MSTR) |
| Cost and size | ||
| Expense ratio | 0.29% | 0.99% |
| Net assets, as of Oct 27, 2026 | $6.5bn | $1.0bn |
| Holdings | ||
| Holdings in common | 0% | |
GPIX among the 164 income ETFs not writing on a single company
How much of its payouts the fund's total return covered, ranked against 164 income ETFs not writing on a single company and 74 income ETFs writing on a single company. 100 is best. How it is computed
MSTY among the 74 income ETFs writing on a single company
A percentile among the 164 income ETFs not writing on a single company. MSTY is a percentile among the 74 income ETFs writing on a single company, a different set, so the two marks are not on one scale. One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Holdings in common uses holdings dated Jun 30, 2026 and Oct 28, 2026. Method
Risk and return
Mar 1, 2024 to Oct 23, 2026 · 138 weekly returnsEach against its own benchmark: GPIX against SPY, Nov 3, 2023 to Oct 23, 2026; MSTY against MSTR, Mar 1, 2024 to Oct 23, 2026.
GPIX returned more: +49.7% to +36.1%. GPIX swung less: 12.7% to 61.8%. GPIX fell less at its worst: −15.7% to −76.2%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | GPIX | MSTY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +49.7% | +36.1% | GPIX | Price change plus distributions, reinvested. |
| Annualized | +16.4% | +12.3% | GPIX | Total return as a yearly rate. |
| Price return | +19.3% | −89.1% | GPIX | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 12.7% | 61.8% | GPIX | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 8.5% | 40.0% | GPIX | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −15.7% | −76.2% | GPIX | Deepest fall from a high to the low after it. |
| Upside capture | 80.8% | 35.5% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 86.9% | 97.2% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.87 | 0.73 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.99 | 0.93 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.92 | 0.42 | GPIX | Return above Treasury bills per unit of volatility. |
| Sortino | 1.38 | 0.65 | GPIX | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.168 | 0.358 | Return above Treasury bills per unit of beta. | |
| Calmar | 1.04 | 0.16 | GPIX | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | SPY | MSTR | The ETF each fund is measured against. | |
| Alpha | +0.3% a year | −2.3% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.35 | −0.23 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −1.3% to +1.8% | −21.9% to +17.3% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.85 | −0.47 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 2.2% | 27.4% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 138 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, GPIX and MSTY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Oct 28, 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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | GPIX | MSTY | GPIX | MSTY | GPIX | MSTY |
| 3 months | +5.9% | +42.2% | 2.2% | 25.1% | −0.3 pts | −13.3 pts |
| 6 months | +9.2% | −9.7% | 4.4% | 28.9% | +0.1 pts | −1.4 pts |
| 1 year | +14.7% | −43.4% | 8.6% | 33.4% | +1.1 pts | +5.6 pts |
| 3 years | +84.6% | – | 31.7% | – | −10.4 pts | – |
| Since launchNot the same days: GPIX Oct 2023 · MSTY Feb 2024 | +83.5% | +69.4% | 31.5% | 224.6% | −10.6 pts | −34.2 pts |
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No client brief for this pair: the two funds' holdings are dated 120 days apart.
GPIX
Over the year to Oct 28, 2026, GPIX paid 8.6% of its starting value in cash distributions while its price rose 5.3%. With every distribution reinvested, the fund returned +14.7%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was ahead by 1.1 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 8.5%, paid monthly.
MSTY
Over the year to Oct 28, 2026, MSTY paid 33.4% of its starting value in cash distributions while its price fell 75.2%. With every distribution reinvested, the fund returned −43.4%. MicroStrategy (MSTR) returned −49.0% over the same days, so a holder was ahead by 5.6 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 60.3%, paid weekly. YieldMax estimates that 14% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, GPIX against MSTY, data as of Oct 28, 2026. https://etfiq.com/compare/income/gpix-vs-msty
ETFIQ. (Oct 28, 2026). GPIX against MSTY. Retrieved from https://etfiq.com/compare/income/gpix-vs-msty
[GPIX against MSTY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/income/gpix-vs-msty)
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