GPIQ vs JEPI: Yield, Cost and Returns Compared
As of Nov 8, 2026, GPIQ yields more: 10.32% (dividend yield) against 7.47% for JEPI. GPIQ is cheaper to own at 0.29% a year vs 0.35%. Over the same 3 years (Oct 2023 to Oct 2026), GPIQ returned 23.2% a year with distributions reinvested, and JEPI 11.5%.
GPIQGoldman Sachs Nasdaq-100 Premiu10.32%dividend yield
JEPIJPMorgan Equity Premium Income ETF7.47%dividend yield| Compared | GPIQ | JEPI |
|---|---|---|
| YieldDividend yield | 10.32% | 7.47% |
| Expense ratio | 0.29% | 0.35% |
| Total return, 1 yr | +11.4% | +9.6% |
| Total return, 3 yr (a year) | +23.2% | +11.5% |
| Total return, 5 yr (a year) | — | +7.4% |
| Worst drop since Oct 2023 | -8.8% | -5.7% |
| Share price since Oct 2023 | +38% | +9% |
| Pays | Monthly | Monthly |
| Issuer | Goldman Sachs | JPMorgan |
| Assets | $6.4B | $46.2B |
| Started | 2023 | 2020 |
| Type | Derivative Income | Derivative Income |
Higher yield
GPIQ
10.32%
Lower cost
GPIQ
0.29%
Better total return
GPIQ
23.2%/yr
Smaller worst drop
JEPI
-5.7%
Key facts: GPIQ vs JEPI
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, GPIQ yields 10.32% (dividend yield) and JEPI yields 7.47% (dividend yield).
- GPIQ's expense ratio is 0.29% and JEPI's is 0.35%: $29 vs $35 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 JEPI to $13,872 (11.5% a year), distributions reinvested.
- Their worst month-end drops over that time: -8.8% for GPIQ and -5.7% for JEPI.
- 2 of GPIQ's top ten holdings are also in JEPI's top ten, an overlap of at least 4% of the fund.
Cite this page
SmarterDividends, "GPIQ vs JEPI: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/gpiq-vs-jepi
$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
JEPI became
$13,872
11.5% a year
Year by year
| Year | GPIQ | JEPI |
|---|---|---|
| 2025 | +19.8% | +8.1% |
| 2024 | +23.2% | +12.6% |
Total return each calendar year, distributions reinvested.
Top holdings
2 of the top ten overlap, at least 4% 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%
JEPI
- MA Mastercard Inc Class A2.0%
- AAPL Apple Inc1.9%
- MSFT Microsoft Corp1.9%
- V Visa Inc Class A1.9%
- NEE NextEra Energy Inc1.8%
- JNJ Johnson & Johnson1.8%
- EOG EOG Resources Inc1.8%
- MMM 3M Co1.8%
- JIMXX JPMorgan Prime Money Market IM1.8%
- ABBV AbbVie Inc1.8%
GPIQ vs JEPI: questions
Is GPIQ or JEPI better?
It depends on the job. GPIQ pays more today (10.32% vs 7.47%), GPIQ costs less, and GPIQ has the better total return over Oct 2023 to Oct 2026, with JEPI 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 JEPI?
GPIQ, at 10.32% against 7.47% for JEPI as of Nov 8, 2026. On $10,000 that's about $1,032 vs $747 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 11.5% for JEPI. $10,000 became $18,707 vs $13,872.
Which is cheaper, GPIQ or JEPI?
GPIQ, with a 0.29% expense ratio against 0.35%.
Do GPIQ and JEPI hold the same things?
Partly. 2 of their top ten holdings match (AAPL, MSFT), at least 4% 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. GPIQ leads on 5 of 6 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.