Data as of Oct 28, 2026.
GPIX vs QDTE: Dividend Yield & Total Return
Over the year to Oct 28, 2026, QDTE paid 34.2% of its price in cash against GPIX’s 8.6%, and returned more with it reinvested.
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Net assets: $6.5bn on Oct 27, 2026 for Goldman Sachs S&P 500 Premium Income ETF, and $919m on Oct 28, 2026 for Roundhill Nasdaq-100 0DTE Covered Call 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% of it arrived as 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%
8.6% cash
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, 2026.1.3 pts ahead of QQQ
QDTE over 1 year: paid 34.2%, price −21.6%, total +16.5%, QQQ +15.2%, +1.3 pts. Data to Oct 28, 2026.
QQQ
+15.2%
QDTE
+16.5%
34.2% of it arrived as cash
1.3 pts ahead of QQQ
Total return, distributions reinvested
1.3 pts ahead of QQQ
QDTE over 1 year: paid 34.2%, price −21.6%, total +16.5%, QQQ +15.2%, +1.3 pts. Data to Oct 28, 2026.
QQQ
+15.2%
QDTE
+16.5%
34.2% as cash
1.3 pts ahead of QQQ
34.2% of it arrived as cash. Both charts share one scale, with zero at the line. QDTE over 1 year: paid 34.2%, price −21.6%, total +16.5%, QQQ +15.2%, +1.3 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.Pair scorecard
GPIX costs 0.67 points a year less; their one-year returns differ by 1.8 points; GPIX is 7.1 times larger.
Points (pts) are percentage points.
| Measure | GPIX | QDTE |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +14.7% | +16.5% |
| Price change, 1 year | rose 5.3% | fell 21.6% |
| Return of capital, issuer estimate | 100% of the Oct 23, 2026 payment | |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.29% | 0.96% |
| Net assets, as of Oct 27, 2026 | $6.5bn | $916m |
| Holdings | ||
| Holdings in common | 0% | |
How much of its payouts the fund's total return covered, ranked against 164 income ETFs not writing on a single company. 100 is best. How it is computed
A percentile among the 164 income ETFs not writing on a single company. 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 15, 2024 to Oct 23, 2026 · 136 weekly returnsEach against its own benchmark: GPIX against SPY, Nov 3, 2023 to Oct 23, 2026; QDTE against QQQ, Mar 15, 2024 to Oct 23, 2026.
QDTE returned more: +60.8% to +50.1%. GPIX swung less: 12.8% to 17.8%. GPIX fell less at its worst: −15.7% to −20.5%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | GPIX | QDTE | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +50.1% | +60.8% | QDTE | Price change plus distributions, reinvested. |
| Annualized | +16.8% | +19.9% | QDTE | Total return as a yearly rate. |
| Price return | +20.4% | −38.8% | GPIX | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 12.8% | 17.8% | GPIX | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 8.5% | 12.2% | GPIX | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −15.7% | −20.5% | GPIX | Deepest fall from a high to the low after it. |
| Upside capture | 80.8% | 81.9% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 86.9% | 91.4% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.87 | 0.85 | 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 | 0.95 | 0.87 | GPIX (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.41 | 1.27 | GPIX | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.168 | 0.182 | Return above Treasury bills per unit of beta. | |
| Calmar | 1.07 | 0.97 | GPIX (slight) | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | SPY | QQQ | The ETF each fund is measured against. | |
| Alpha | +0.3% a year | +1.2% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.35 | 0.39 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −1.3% to +1.8% | −4.8% to +7.2% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.85 | −0.23 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 2.2% | 5.7% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 136 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, GPIX and QDTE 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 | QDTE | GPIX | QDTE | GPIX | QDTE |
| 3 months | +5.9% | +9.5% | 2.2% | 6.6% | −0.3 pts | −0.3 pts |
| 6 months | +9.2% | +10.2% | 4.4% | 14.9% | +0.1 pts | +0.3 pts |
| 1 year | +14.7% | +16.5% | 8.6% | 34.2% | +1.1 pts | +1.3 pts |
| 3 years | +84.6% | – | 31.7% | – | −10.4 pts | – |
| Since launchNot the same days: GPIX Oct 2023 · QDTE Mar 2024 | +83.5% | +61.4% | 31.5% | 75.3% | −10.6 pts | −3.8 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.
QDTE
Over the year to Oct 28, 2026, QDTE paid 34.2% of its starting value in cash distributions while its price fell 21.6%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +15.2% over the same days, so a holder was ahead by 1.3 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 20.7%, paid weekly. Roundhill estimates that 100% of the distribution paid Oct 23, 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 QDTE, data as of Oct 28, 2026. https://etfiq.com/compare/income/gpix-vs-qdte
ETFIQ. (Oct 28, 2026). GPIX against QDTE. Retrieved from https://etfiq.com/compare/income/gpix-vs-qdte
[GPIX against QDTE (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/income/gpix-vs-qdte)
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