GPIQ and QQA 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 QQA provides ~8.5% yield targeting income investors wanting nasdaq-100 exposure with a lower-cost monthly income overlay. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
Goldman Sachs Nasdaq-100 Premium Income ETF
6.7
Overall Score
Invesco Nasdaq-100 Income Advantage ETF
7.1
Overall Score
| Criteria | GPIQ | QQA |
|---|---|---|
| Overall Score | 6.7 7.1 | |
| Total Return (25%) | 8.3 7.6 | |
| Downside Protection (25%) | 4.4 7.5 | |
| Upside Participation (25%) | 8.4 7.4 | |
| Consistency (15%) | 5.0 5.7 | |
| Expense Ratio (5%) | 8.9 7.6 | |
| Liquidity (5%) | 5.3 5.8 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | GPIQ | QQA |
|---|---|---|
| Expense Ratio | 0.290% | 0.390% |
| Inception Date | Oct 24, 2023 | Jan 1, 2022 |
| Issuer | Goldman Sachs | Invesco |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 4/5 stars |
Structurally superior to JEPQ — Goldman built this product well
Investor Profile:
Sophisticated investor seeking the best structured Nasdaq covered call
A cost-efficient alternative to JEPQ and QQQI. Track record still building.
Investor Profile:
Income investors wanting Nasdaq-100 exposure with a lower-cost monthly income overlay