GPIQ vs GPIX: Yield, Cost and Returns Compared
As of Nov 5, 2026, GPIQ yields more: 10.27% (dividend yield) against 7.80% for GPIX. GPIQ is cheaper to own at 0.29% a year vs 0.29%. Over the same 3 years (Oct 2023 to Oct 2026), GPIQ returned 23.2% a year with distributions reinvested, and GPIX 21.1%.
GPIQGoldman Sachs Nasdaq-100 Premiu10.27%dividend yield
GPIXGoldman Sachs S&P 500 Premium Income ETF7.80%dividend yield| Compared | GPIQ | GPIX |
|---|---|---|
| YieldDividend yield | 10.27% | 7.80% |
| Expense ratio | 0.29% | 0.29% |
| Total return, 1 yr | +11.4% | +13.2% |
| Total return, 3 yr (a year) | +23.2% | +21.1% |
| Worst drop since Oct 2023 | -8.8% | -6.8% |
| Share price since Oct 2023 | +38% | +39% |
| Pays | Monthly | Monthly |
| Issuer | Goldman Sachs | Goldman Sachs |
| Assets | $6.4B | $6.4B |
| Started | 2023 | 2023 |
| Type | Derivative Income | Derivative Income |
Higher yield
GPIQ
10.27%
Lower cost
GPIQ
0.29%
Better total return
GPIQ
23.2%/yr
Smaller worst drop
GPIX
-6.8%
Key facts: GPIQ vs GPIX
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, GPIQ yields 10.27% (dividend yield) and GPIX yields 7.80% (dividend yield).
- GPIQ's expense ratio is 0.29% and GPIX's is 0.29%: $29 vs $29 a year on $10,000.
- From Oct 2023 to Oct 2026, $10,000 in GPIQ grew to $18,707 (23.2% a year) and $10,000 in GPIX to $17,764 (21.1% a year), distributions reinvested.
- Their worst month-end drops over that time: -8.8% for GPIQ and -6.8% for GPIX.
- 7 of GPIQ's top ten holdings are also in GPIX's top ten, an overlap of at least 32% of the fund.
Cite this page
SmarterDividends, "GPIQ vs GPIX: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/gpiq-vs-gpix
$10,000 in each, Oct 2023 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
GPIQ became
$18,707
23.2% a year
GPIX became
$17,764
21.1% a year
Year by year
| Year | GPIQ | GPIX |
|---|---|---|
| 2025 | +19.8% | +16.2% |
| 2024 | +23.2% | +21.8% |
Total return each calendar year, distributions reinvested.
Top holdings
7 of the top ten overlap, at least 32% of each fund.
GPIQ
- AAPL Apple Inc8.1%
- NVDA NVIDIA Corp7.7%
- MSFT Microsoft Corp6.4%
- MU Micron Technology Inc4.3%
- AMZN Amazon.com Inc4.1%
- AMD Advanced Micro Devices Inc3.4%
- TSLA Tesla Inc3.3%
- GOOGL Alphabet Inc Class A3.2%
- META Meta Platforms Inc Class A3.1%
- AVGO Broadcom Inc2.7%
GPIX
- AAPL Apple Inc7.7%
- NVDA NVIDIA Corp7.6%
- MSFT Microsoft Corp5.9%
- AMZN Amazon.com Inc3.6%
- XLC State Street® CommServSelSectSPDR®ETF3.5%
- GOOGL Alphabet Inc Class A2.8%
- AVGO Broadcom Inc2.4%
- LLY Eli Lilly and Co1.7%
- TSLA Tesla Inc1.7%
- BRK-B Berkshire Hathaway Inc Class B1.6%
GPIQ vs GPIX: questions
Is GPIQ or GPIX better?
It depends on the job. GPIQ pays more today (10.27% vs 7.80%), GPIQ costs less, and GPIQ has the better total return over Oct 2023 to Oct 2026, with GPIX holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, GPIQ or GPIX?
GPIQ, at 10.27% against 7.80% for GPIX as of Nov 5, 2026. On $10,000 that's about $1,027 vs $780 a year at today's rates.
Which has the better total return?
GPIQ. From Oct 2023 to Oct 2026, it returned 23.2% a year with distributions reinvested, against 21.1% for GPIX. $10,000 became $18,707 vs $17,764.
Which is cheaper, GPIQ or GPIX?
GPIQ, with a 0.29% expense ratio against 0.29%.
Do GPIQ and GPIX hold the same things?
Partly. 7 of their top ten holdings match (AAPL, NVDA, MSFT, AMZN), at least 32% of each fund. Owning both doubles up on those.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. GPIX leads on 3 of 5 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.