GPIQ and QYLG 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 QYLG provides ~6% yield targeting tech-oriented investor wanting nasdaq exposure with partial 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
Global X Nasdaq 100 Covered Call & Growth ETF
6.1
Overall Score
| Criteria | GPIQ | QYLG |
|---|---|---|
| Overall Score | 6.7 6.1 | |
| Total Return (25%) | 8.3 7.2 | |
| Downside Protection (25%) | 4.4 4.1 | |
| Upside Participation (25%) | 8.4 8.0 | |
| Consistency (15%) | 5.0 4.9 | |
| Expense Ratio (5%) | 8.9 5.0 | |
| Liquidity (5%) | 5.3 5.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | GPIQ | QYLG |
|---|---|---|
| Expense Ratio | 0.290% | 0.600% |
| Inception Date | Oct 24, 2023 | Sep 24, 2020 |
| Issuer | Goldman Sachs | Global X |
| 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
Same logic as XYLG but on Nasdaq — better suited for growth-focused investors than income-focused ones
Investor Profile:
Tech-oriented investor wanting Nasdaq exposure with partial income overlay