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GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF

Covered call on QQQ, paying monthly

Over the year to Sep 11, 2026, GPIQ paid 11.1% in cash and still finished 1.1 points behind QQQ.

Goldman Sachs · Income ETFs · data as of

Key facts

11.1%Cash paid, 1 year, on its starting price
+21.9%Total return, 1 year
−1.1 ptsAgainst QQQ
10.6%Latest payout, annualized

Method

ETFIQ Return Stability Score

78.515th of 161

GPIQ paid 11.1% in cash and its price rose 9.8%, so the payout came out of returns rather than principal.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −38.1 ptsMDST −30.2 ptsSLTY −29.1 ptsBLOX −27.8 ptsEIPI −27.8 ptsYQQQ −27.6 ptsULTY −23.3 ptsGDXY −22.0 ptsHIGH −20.8 ptsTOPW −18.6 ptsTDVI −18.3 ptsYMAX −18.1 ptsHISF −17.3 ptsACKY −17.2 ptsWEEI −16.9 ptsNDIV −16.6 ptsLQDW −16.2 ptsOARK −15.8 ptsFDND −15.5 ptsTCAL −15.0 ptsQRMI −14.8 ptsSDVD −14.8 ptsLFGY −14.5 ptsSLJY −14.5 ptsSCLZ −14.1 ptsYFYA −13.9 ptsQUSA −13.5 ptsHYGW −13.0 ptsJULH −13.0 ptsXLRI −13.0 ptsMAGY −12.9 ptsYYY −12.7 ptsXLKI −12.6 ptsJULJ −12.4 ptsLJUL −12.4 ptsJANJ −12.3 ptsLJAN −12.3 ptsFGSI −12.2 ptsLOCT −12.1 ptsRNTY −12.1 ptsAIPI −12.0 ptsIWMY −12.0 ptsOCTJ −11.9 ptsHIPS −11.7 ptsJUCY −11.6 ptsXLEI −11.6 ptsAPRJ −11.3 ptsLAPR −11.3 ptsXISE −11.3 ptsXIJN −11.1 ptsCVRD −11.0 ptsJANH −11.0 ptsAPRH −10.9 ptsXBTY −10.7 ptsXIDE −10.7 ptsOCTH −10.6 ptsJEPI −10.3 ptsXIMR −10.1 ptsSRHR −9.7 ptsXRMI −8.7 ptsVEGA −8.3 ptsBUYW −8.2 ptsIAUI −7.9 ptsBAGY −7.7 ptsXV −7.5 ptsKHPI −7.3 ptsYBTC −7.3 ptsFTHI −7.0 ptsYLDE −6.8 ptsIGLD −6.1 ptsQQQI −6.1 ptsRDVI −6.0 ptsSPIN −5.9 ptsFEPI −5.8 ptsIWMW −5.8 ptsTYLG −5.7 ptsBITY −5.6 ptsSPUT −5.4 ptsWTPI −5.2 ptsPAPI −4.7 ptsXLVI −4.7 ptsETCO −4.3 ptsJEPQ −4.1 ptsCAIE −4.0 ptsFTKI −3.9 ptsGPTY −3.7 ptsIQQQ −3.7 ptsGIAX −3.4 ptsBIGY −3.3 ptsISPY −3.1 ptsRYLD −3.1 ptsWEEL −2.9 ptsYMAG −2.9 ptsRDTY −2.6 ptsXLBI −2.5 ptsNBOS −1.8 ptsRYLG −1.8 ptsSPYI −1.7 ptsFTQI −1.6 ptsKNG −1.6 ptsTSPY −1.6 ptsTHTA −1.5 ptsQQQY −1.3 ptsRDTE −1.3 ptsDIVO −1.2 ptsSIXH −1.2 ptsXYLD −1.2 ptsDFII −1.1 ptsQDTY −1.1 ptsXYLG −1.1 ptsXDTE −0.9 ptsQDTE −0.7 ptsQYLD −0.7 ptsXLII −0.7 ptsXPAY −0.7 ptsEGGY −0.6 ptsJOYT −0.6 ptsSDTY −0.6 ptsWDTE −0.4 ptsBTCC −0.3 ptsQYLG −0.3 ptsGPIX 0.0 ptsDJIA +0.1 ptsDYLG +0.3 ptsIWMI +0.3 ptsKGLD +0.3 ptsXLFI +0.3 ptsIVVW +0.4 ptsLTTI +0.5 ptsLQTI +0.6 ptsPBP +0.6 ptsHYTI +0.9 ptsTDAQ +0.9 ptsCSHI +1.3 ptsBALI +1.4 ptsYETH +1.5 ptsHYBL +1.6 ptsXLUI +1.6 ptsCHPY +1.9 ptsBTCI +2.1 ptsSOXY +2.3 ptsITWO +2.5 ptsDOGG +2.7 ptsCEPI +2.9 ptsXLYI +2.9 ptsYBIT +2.9 ptsTLTP +3.4 ptsDUBS +4.0 ptsSEPI +4.7 ptsXLCI +5.2 ptsIDVO +5.4 ptsTLTW +5.4 ptsBCCC +6.3 ptsOMAH +6.5 ptsIDUB +6.9 ptsXLSI +8.8 ptsUSOY +10.5 ptsBUCK +10.9 ptsKLIP +20.9 ptsNVYY +24.6 ptsGPIQ −1.1 ptsGPIQ −1.1 pts−38.1 pts+24.6 pts

68.6% of the 161 sit at or below GPIQ on this measure.

What happened to the principal
ETCO −75.0%XBTY −74.7%YETH −67.4%YBTC −61.4%BTCC −59.9%YBIT −58.9%BAGY −58.0%SLTY −54.4%ULTY −53.3%NVYY −52.4%BITY −51.9%BCCC −49.4%BTCI −46.9%DFII −44.8%LFGY −43.0%YMAX −41.0%BLOX −38.8%TOPW −36.6%OARK −33.3%KLIP −32.8%GDXY −32.5%YMAG −27.1%YQQQ −26.3%MAGY −25.8%IWMY −23.1%CEPI −21.0%RDTY −19.9%RDTE −19.4%QDTE −18.5%EGGY −15.1%TLTP −14.5%XLYI −14.1%LTTI −13.8%ACKY −13.7%WDTE −13.7%QQQY −13.0%QDTY −12.8%XDTE −12.8%AIPI −12.2%QUSA −11.8%LQTI −10.4%TLTW −10.3%SDTY −9.9%GIAX −9.8%XLUI −9.5%HIGH −9.3%LQDW −9.3%TCAL −9.0%FEPI −8.5%XV −8.4%IGLD −8.1%XLRI −8.0%XLCI −7.9%FDND −7.6%YYY −7.5%XLSI −7.3%RNTY −6.5%HYTI −6.3%GPTY −6.0%OMAH −6.0%XLBI −5.7%HYGW −5.6%IWMW −5.3%HIPS −5.2%XPAY −4.9%HISF −4.7%QRMI −4.2%USOY −4.0%XLFI −3.8%FGSI −3.2%BUCK −2.5%HYBL −2.5%JUCY −2.3%XRMI −2.3%MLPD −1.7%CAIE −1.6%IAUI −1.6%YFYA −1.6%IVVW −1.4%CVRD −1.3%JEPI −1.1%KNG −0.9%XIJN −0.7%JULJ −0.6%WTPI −0.5%CSHI −0.4%JULH −0.3%LJUL −0.2%XISE 0.0%JANH +0.1%JANJ +0.1%LAPR +0.1%LOCT +0.1%LJAN +0.2%OCTJ +0.2%XLII +0.2%APRJ +0.3%OCTH +0.3%XIDE +0.3%XIMR +0.4%APRH +0.5%TSPY +0.6%KHPI +0.7%BIGY +0.8%WEEL +0.9%SRHR +1.0%FTHI +1.1%QQQI +1.5%XLVI +2.1%SPYI +2.6%QYLG +2.8%YLDE +2.8%BUYW +2.9%SDVD +3.0%XYLG +3.4%KGLD +3.8%THTA +3.9%DJIA +4.2%FTKI +4.3%SCLZ +4.4%PAPI +4.5%RYLD +4.7%XLKI +5.0%PBP +5.1%IWMI +5.3%DYLG +5.4%TDAQ +5.9%XYLD +5.9%JEPQ +6.0%SPIN +6.1%NBOS +6.5%SPUT +6.5%RYLG +7.1%GPIX +7.9%FTQI +8.0%DOGG +8.2%ISPY +8.4%QYLD +8.4%DIVO +8.9%MDST +9.3%VEGA +9.4%BALI +9.5%SLJY +11.0%RDVI +11.7%TDVI +11.7%IQQQ +12.3%SEPI +13.8%XLEI +13.8%SIXH +14.1%ITWO +14.3%EIPI +14.6%JOYT +16.1%IDVO +16.4%DUBS +18.9%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%GPIQ +9.8%GPIQ +9.8%−75.0%+68.6%

88.5% of the 161 sit at or below GPIQ on this measure.

Weighted evenly, those two positions are what the score combines, across the 161 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−1.1 pts68.650%
what happened to the principal+9.8%88.550%

All income ETFs ranked by this score · How it is computed

7th of 354 income ETFs by net assets

What a holder got

GPIQ against QQQGPIQ returned +21.9% with distributions reinvested against +23.0% for Nasdaq-100 (QQQ), a gap of −1.1 pts. Of that, 11.1% arrived as cash rather than price.+21.9%GPIQ total return+23.0%Nasdaq-100 (QQQ)11.1% of it arrived as cash

Over the year to Sep 11, 2026, GPIQ returned +21.9% with distributions reinvested and Nasdaq-100 (QQQ) returned +23.0%, so a holder came out behind it by 1.1 points. The lighter segment is the 11.1% that arrived as cash rather than as price.

Its ten largest equity positions

GPIQ top ten by weight, 44.5% of its 102 equity positions, from the holdings filed for Jun 30, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the fund’s SEC filing.
HoldingTickerWeight
NVIDIA CORPNVDA7.48%
APPLE INCAAPL6.59%
MICRON TECHNOLOGY INCMU5.62%
AMAZON.COM INCAMZN4.20%
ADVANCED MICRO DEVICES INCAMD4.11%
MICROSOFT CORPMSFT3.96%
ALPHABET INCGOOGL3.54%
TESLA INCTSLA3.17%
INTEL CORPINTC3.01%
META PLATFORMS INCMETA2.78%

Method

Period by period

GPIQ over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnQQQAhead or behind
3 months2.6%−3.0%−0.4%−0.8%+0.4 pts
6 months5.8%+11.3%+17.3%+20.7%−3.4 pts
1 year11.1%+9.8%+21.9%+23.0%−1.1 pts
Since launch38.2%+45.7%+96.4%+111.3%−15.0 pts

Method

When GPIQ pays

GPIQ pays monthly. The last distribution was $0.4968 a share, which went ex on Sep 1, 2026 and was paid on Sep 8, 2026. The next has not been declared. On its own cadence of about 30 days the ex-date falls near Oct 1, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for GPIQ. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Oct 1, 2026Oct 7, 2026$0.4968ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for GPIQ (13, most recent first)
Cash distributions per share for GPIQ. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 1, 2026$0.4968
Aug 3, 2026$0.4862
Jul 1, 2026$0.5191
Jun 1, 2026$0.5192
May 1, 2026$0.4833
Apr 1, 2026$0.4319
Mar 2, 2026$0.4527
Feb 2, 2026$0.4655
Jan 2, 2026$0.4633
Dec 1, 2025$0.4652
Nov 3, 2025$0.4737
Oct 1, 2025$0.4579
Sep 2, 2025$0.443

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Oct 26, 2023, GPIQ has returned +96.4% with distributions reinvested, against +111.3% for Nasdaq-100 (QQQ), and has paid out 38.2% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 10.6%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

GPIQ (Goldman Sachs Nasdaq-100 Premium Income ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategycovered call
BenchmarkNasdaq-100 (QQQ)
Paysmonthly
Net assets (SEC filing, whole fund, as filed for Jun 30, 2026)$5.1bn
Latest payout, annualized (ETFIQ)10.6%
Expense ratio (485BPOS XBRL, Apr 29, 2025)0.29%
Cash paid, last 12 months, over today’s price (ETFIQ)10.2%
LaunchedOct 26, 2023
Paysmonthly
Typical gap between ex-dates30 days
Typical wait from ex-date to payment6 days
Last paid, per share$0.4968 ex Sep 1, 2026
Sum of the last 12 distributions$5.7147

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has GPIQ paid over the last year?
Over the year to Sep 11, 2026, GPIQ paid 11.1% of its starting price in cash distributions, while the price rose 9.8%.
Is GPIQ ahead of QQQ?
Over the year to Sep 11, 2026, with every distribution reinvested, GPIQ returned +21.9% against +23.0% for Nasdaq-100 (QQQ), so a holder was behind it by 1.1 points.
How often does GPIQ pay, and how much?
GPIQ pays monthly. The latest distribution annualizes to 10.6% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
When does GPIQ next pay a distribution?
GPIQ pays monthly. The last distribution went ex on Sep 1, 2026 at $0.4968 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Oct 1, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 6 days.
What does GPIQ cost?
The prospectus expense ratio is 0.29% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

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.

Compare GPIQ

Also against QYLD, XYLD, RYLD, DIVO, GPIX, TSLY, NVDY, MSTY, CONY, ULTY, YMAX, FEPI, XDTE, QDTE, AIPI, BALI, ISPY, AMZY, APLY, GOOY, MSFO, OARK, SDTY, IVV, QQQ, SCHD, SPY, VOO, VTI, VYM.

Funds near this one

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Where GPIQ is written about

GPIQ, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
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Cite this page. ETFIQ, GPIQ, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/gpiq Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources