Which paid more, GPIX or OEI?

Over the year to Nov 4, 2026, GPIX paid 8.8% of its starting price in cash and OEI paid 9.2%, so OEI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, GPIX or OEI?

With every distribution reinvested, GPIX returned +15.6% and OEI +12.9% over the year to Nov 4, 2026.

Which is cheaper, GPIX or OEI?

GPIX charges 0.29% a year and OEI charges 1.02%, so GPIX is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

GPIX vs OEI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, OEI paid 9.2% of its price in cash against GPIX’s 8.8%, though GPIX returned more with it reinvested.

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Net assets: $6.4bn on Nov 3, 2026 for Goldman Sachs S&P 500 Premium Income ETF, and $46m on Jul 31, 2026 for Optimized Equity Income ETF.

GPIX on its own →OEI on its own →

At a glance

8.8%

GPIX cash paid, 1 year

9.2%

OEI cash paid, 1 year

+15.6%

GPIX total return, 1 year

+12.9%

OEI total return, 1 year

GPIX · 1 year to Nov 4, 2026 0.8 pts ahead of SPY

GPIX

+15.6%

SPY

+14.8%

0.8 pts ahead of SPY

GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

GPIX

+15.6%

8.8% of it arrived as cash

0.8 pts ahead of SPY

Total return, distributions reinvested

0.8 pts ahead of SPY

GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

GPIX

+15.6%

8.8% cash

0.8 pts ahead of SPY

8.8% of it arrived as cash. Total return, distributions reinvested. GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

OEI · 1 year to Nov 4, 2026 1.9 pts behind SPY

OEI

+12.9%

SPY

+14.8%

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% of it arrived as cash

1.9 pts behind SPY

Total return, distributions reinvested

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% cash

1.9 pts behind SPY

9.2% of it arrived as cash. Both charts share one scale, 0 to +15.6%. OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +15.6%. Data to Nov 4, 2026.

Pair scorecard

GPIX costs 0.73 points a year less; their one-year returns differ by 2.7 points.

Points (pts) are percentage points.

GPIX vs OEI: Dividend Yield & Total Return
Measure	GPIX	OEI
Paid and earned
Measure	GPIX	OEI
Total return, 1 year	+15.6%	+12.9%
Price change, 1 year	rose 6.2%	rose 3.0%
Against its benchmark
Measure	GPIX	OEI
Benchmark	S&P 500, measured through SPY	S&P 500, measured through SPY
Cost and size
Measure	GPIX	OEI
Expense ratio	0.29%	1.02%
Net assets, GPIX as of Nov 3, 2026 and OEI as of Jul 31, 2026	$6.4bn	$46m
Holdings
Measure	GPIX	OEI
Holdings in common	64%

ETFIQ Distribution Coverage Score · GPIX scores higher How much of what it paid out did its total return cover?

IQ Income Score82.9GPIX75.7OEI

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

GPIX 82.9

OEI 75.7

0.3, the lowest in this set 99.7, the highest

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 →

Method

What they share

64%

By the books each fund has filed, GPIX and OEI hold 64% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

64% in common

Positions both hold · largest shared weight first GPIX OEI

NVIDIA CORP 7.31% 8.22%

APPLE INC 6.45% 4.23%

MICROSOFT CORP 3.89% 5.93%

ALPHABET INC 4.35% 3.44%

AMAZON.COM INC 3.38% 4.51%

BROADCOM INC 2.79% 3.01%

MICRON TECHNOLOGY INC 2.02% 2.54%

META PLATFORMS INC 1.67% 2.15%

BERKSHIRE HATHAWAY INC 1.50% 1.58%

ADVANCED MICRO DEVICES INC 1.48% 1.54%

ELI LILLY & COMPANY 1.48% 1.78%

ALPHABET INC 1.46% 2.76%

Only in one fund ↓

Only in GPIX

KLA CORP 0.61%

SANDISK CORP 0.53%

PALO ALTO NETWORKS INC 0.47%

MARVELL TECHNOLOGY INC 0.40%

LINDE PLC 0.40%

ANALOG DEVICES INC 0.35%

WESTERN DIGITAL CORP 0.34%

CROWDSTRIKE HOLDINGS INC 0.34%

Only in OEI

Goldman Sachs Group Inc 0.65%

Mobility Global Inc 0.02%

Check overlap with more funds →

Side by side

GPIX Goldman Sachs S&P 500 Premium Income ETF · Covered call on SPY, paying monthly OEI Optimized Equity Income ETF · Option income on SPY, paying monthly

Issuer Goldman Sachs Core Alternative

Strategy covered call option income

Benchmark S&P 500 (SPY) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 8.4% 9.6%

Expense ratio 0.29% 1.02%

Cash paid, 1 year 8.8% 9.2%

Price change, 1 year +6.2% +3.0%

Total return, 1 year +15.6% +12.9%

Benchmark return, 1 year +14.8% +14.8%

Ahead or behind +0.8 pts −1.9 pts

Return of capital, latest estimate not published not published

Age 3.0 years 1.0 years

Net assets, GPIX as of Nov 3, 2026 and OEI as of Jul 31, 2026 $6.4bn $46m

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: GPIX vs OEI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	GPIX	OEI	GPIX	OEI	GPIX	OEI
3 months	+0.9%	+3.3%	2.1%	2.4%	+1.0 pts	+3.4 pts
6 months	+6.0%	+6.3%	4.3%	4.7%	+1.0 pts	+1.3 pts
1 year	+15.6%	+12.9%	8.8%	9.2%	+0.9 pts	−1.9 pts
3 years	+73.9%	–	31.0%	–	−9.0 pts	–
Since launchNot the same days: GPIX Oct 2023 · OEI Oct 2025	+82.5%	+15.0%	32.5%	9.4%	−10.2 pts	−1.1 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

GPIX

Over the year to Nov 4, 2026, GPIX paid 8.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +15.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was ahead by 0.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.4%, paid monthly.

OEI

Over the year to Nov 4, 2026, OEI paid 9.2% of its starting value in cash distributions while its price rose 3.0%. With every distribution reinvested, the fund returned +12.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 1.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.6%, paid monthly.

Questions people ask

Which paid more, GPIX or OEI?: Over the year to Nov 4, 2026, GPIX paid 8.8% of its starting price in cash and OEI paid 9.2%, so OEI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, GPIX or OEI?: With every distribution reinvested, GPIX returned +15.6% and OEI +12.9% over the year to Nov 4, 2026.
Which is cheaper, GPIX or OEI?: GPIX charges 0.29% a year and OEI charges 1.02%, so GPIX is cheaper. Fees come from each fund's prospectus.

Other comparisons

GPIX vs SPIN GPIX vs ACKY GPIX vs XRMI GPIX vs WDTE OEI vs QUSA OEI vs SCLZ OEI vs SPUT OEI vs JANH

Where to next

S&P 500 (SPY) →GPIX on its own →OEI on its own →GPIX dividend history →GPIX holdings →OEI dividend history →OEI holdings →Method →Standards and sources →

Sources and dates

GPIX filings on SEC EDGAR ↗

GPIX prospectus with the expense ratio (SEC) ↗

Goldman Sachs website ↗

OEI filings on SEC EDGAR ↗

OEI prospectus with the expense ratio (SEC) ↗

Core Alternative website ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, GPIX against OEI, data as of Nov 4, 2026. https://etfiq.com/compare/income/gpix-vs-oei

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