GPIQ and QYLG are both covered call ETFs tracking the same benchmark, but with different approaches. GPIQ offers a 9.94% yield, while QYLG provides a 16.73% yield. 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
7.57
Overall Score
Global X Nasdaq 100 Covered Call & Growth ETF
6.89
Overall Score
| Criteria | GPIQ | QYLG |
|---|---|---|
| Overall Score | 7.57 6.89 | |
| Total Return (25%) | 8.57 7.66 | |
| Downside Protection (25%) | 4.55 4.53 | |
| Upside Participation (25%) | 8.51 7.94 | |
| Consistency (15%) | 9.70 8.75 | |
| Expense Ratio (5%) | 8.88 5.00 | |
| Liquidity (5%) | 5.27 5.91 |
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 |
Keeps 85% of Nasdaq-100 upside for a 9.9% yield at 0.29%, with a yield 1.2 to 3.8 points below JEPQ and QQQI.
Investor Profile:
GPIQ is an actively managed Goldman Sachs fund that holds 108 large-cap stocks, mainly from the Nasdaq-100. It sells call options on a variable share of the portfolio, between 25% and 75%, which leaves part of the position free to follow the index. It pays monthly and charges 0.29%.
Captured 77% of Nasdaq-100 upside and 77% of the downside; the 16.7% TTM yield includes a one-off, and the regular yield is 7.6%.
Investor Profile:
QYLG tracks the Cboe Nasdaq-100 Half BuyWrite V2 Index. It holds Nasdaq-100 stocks, 102 positions, and sells at-the-money calls on about half of their value, which leaves the other half free to follow the index. It paid a one-time distribution of $2.78 per share on Dec 30, 2025. It pays monthly.
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
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