GPIQ and QYLD 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 QYLD provides ~11.5% yield targeting retired investor seeking maximum cash flow, accepting capital erosion. 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
Global X Nasdaq 100 Covered Call ETF
5.2
Overall Score
| Criteria | GPIQ | QYLD |
|---|---|---|
| Overall Score | 6.7 5.2 | |
| Total Return (25%) | 8.3 2.0 | |
| Downside Protection (25%) | 4.4 8.3 | |
| Upside Participation (25%) | 8.4 5.0 | |
| Consistency (15%) | 5.0 4.8 | |
| Expense Ratio (5%) | 8.9 5.0 | |
| Liquidity (5%) | 5.3 7.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | GPIQ | QYLD |
|---|---|---|
| Expense Ratio | 0.290% | 0.600% |
| Inception Date | Oct 24, 2023 | Dec 11, 2013 |
| Issuer | Goldman Sachs | Global X |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 5/5 stars |
Structurally superior to JEPQ — Goldman built this product well
Investor Profile:
Sophisticated investor seeking the best structured Nasdaq covered call
The yield is real but capital erodes — use with full understanding of the trade-off
Investor Profile:
Retired investor seeking maximum cash flow, accepting capital erosion