GPIQ vs FEPI — Covered Call ETF Comparison | CoveredRank

GPIQ and FEPI are both covered call ETFs tracking the same benchmark, but with different approaches. GPIQ offers ~9.8% yield with a focus on sophisticated investor seeking the best structured nasdaq covered call, while FEPI provides ~7.2% yield targeting tech-bullish income investors who want to monetize their tech exposure. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.

Compare ETFs

Compare covered call ETFs with the same benchmark side by side

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GPIQ

Goldman Sachs Nasdaq-100 Premium Income ETF

NasdaqInception: Oct 24, 2023

6.7

Overall Score

FEPI

REX FANG & Innovation Equity Premium Income ETF

NasdaqInception: Jan 1, 2022

5.1

Overall Score

CriteriaGPIQFEPI
Overall Score
6.7
5.1
Total Return (25%)
8.3
6.8
Downside Protection (25%)
4.4
Upside Participation (25%)
8.4
8.1
Consistency (15%)
5.0
5.6
Expense Ratio (5%)
8.9
4.4
Liquidity (5%)
5.3
5.9
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Compare Across All Time Windows

Since Inception

3 Years

Pro only

1 Year

Pro only

3 Months

Pro only

Upgrade to Pro — $34/month

Key Metrics

MetricGPIQFEPI
Expense Ratio0.290%0.650%
Inception DateOct 24, 2023Jan 1, 2022
IssuerGoldman SachsREX Shares
Distribution FrequencyMonthlyMonthly
Maturity Rating2/5 stars3/5 stars

Verdicts

GPIQ

Structurally superior to JEPQ — Goldman built this product well

Investor Profile:

Sophisticated investor seeking the best structured Nasdaq covered call

FEPI

A compelling option for investors who believe in mega-cap tech and want income on top. Concentration risk must be accepted.

Investor Profile:

Tech-bullish income investors who want to monetize their tech exposure