FDND vs GPIQ: Grades, Fees and Holdings Compared

FT Vest Dow Jones Internet & Target Income ETF

FDNDDCboe

Goldman Sachs Nasdaq-100 Premium Income ETF

GPIQANasdaq

Overlap

16.7%by weight

Expense ratio

GPIQ −0.46pt a year

FDND0.75%GPIQ0.29%

Avg volume · 30D

GPIQ 1015.8×the volume

FDND1.55KGPIQ1.57M

FDND vs GPIQ Performance

Oct 31, 2025 – Oct 30, 2026

−7.0%FDND+11.4%GPIQ

Expense ratio: FDND 0.75%; GPIQ 0.29%, better
Fund size: FDND $9M; GPIQ $6.52B
1Y total return: FDND −7.0%; GPIQ +11.4%, better
Yield (12M): FDND 8.31%; GPIQ 10.62%, better
Holdings: FDND 42; GPIQ 102
Avg volume (30D): FDND 1.55K sh; GPIQ 1.57M sh, better
NAV per share: FDND $20.63; GPIQ $56.04
52W range

ETF.net Grade

Pillar letters and Scores for FDND, GPIQ, with each pillar’s weight
Pillar	FDND	GPIQ
Cost30% weight	C42	A92Higher
Mission25% weight	Not scored	A100
Risk15% weight	F7	C52Higher
Tradability15% weight	D39	A73Higher
Holdings10% weight	C40	A85Higher
Durability5% weight	C42	A79Higher

Rank among Nasdaq-100 Option Income funds

How we build Categories ›

Same Category. FDND and GPIQ are both graded against the same 30 Nasdaq-100 Option Income funds, so their Grades compare head to head.

Nasdaq-100 Option Income⁠

Category · 30 funds

See all 30 ›

GPIQ ranks 1st and FDND 27th of 30 funds in the Nasdaq-100 Option Income Category.

Rank 1AGPIQGoldman Sachs Nasdaq-100 Premium Income ETFScore 83
Rank 2AQQAInvesco QQQ Income Advantage ETFScore 82
Rank 25DQLDYDefiance Nasdaq 100 LightningSpread Income ETFScore 34
Rank 27DFDNDFT Vest Dow Jones Internet & Target Income ETFScore 33
Rank 27DQDTYYieldMax Nasdaq 100 0DTE Covered Call Strategy ETFScore 33

Our read on each fund

ETF.net Research

FDNDDFT Vest Dow Jones Internet & Target Income ETF

GPIQAGoldman Sachs Nasdaq-100 Premium Income ETF

In short

FDND No data

GPIQ Goldman's take on the Nasdaq-100 income trade: it owns the index but sells calls on only 25% to 75% of the portfolio, reset monthly, so part of the upside stays uncapped. Fee is 0.29% net of a waiver through April 30, 2027.

Stated mandate

FDND No data

GPIQ The Fund seeks current income while maintaining prospects for capital appreciation. It provides Nasdaq-100 equity exposure and dynamically sells call options while seeking participation in rising markets.

Why people hold it

FDND No data

GPIQ The overwrite is a dial, not a switch: calls cover 25% to 75% of the equity portfolio, reset each month, leaving a slice of Nasdaq-100 upside uncapped by design.gsam.com
0.29% net of a waiver through April 30, 2027 undercuts JEPQ at 0.35% and QYLD at 0.60%, and matches QQA, which is 0.29% net of a waiver through August 31, 2027.
Calls are written on index-level exposure, not individual names, and the stock sleeve tracks Nasdaq-100 weights. Pays monthly.sec.gov
A multi-billion-dollar, actively traded fund and one of the strongest implementations in a crowded Nasdaq-100 income group.

Worth knowing

FDND No data

GPIQ Goldman's filing flags that a significant portion of distributions may be return of capital, which trims your cost basis rather than adding to it.sec.gov
Full exposure to Nasdaq-100 drawdowns stays; premium cushions the ride but does not offset a selloff, and gains on the overwritten slice are capped.sec.gov
Gross fee is 0.35%. If the waiver is not extended past April 30, 2027, the cost steps up to that level.

Full FDND profile⁠

Full GPIQ profile⁠

FDND vs GPIQ Holdings

How FDND and GPIQ differ

Overlap by weight

16.7%

Shared holdings make up 60.9% of FDND and 16.7% of GPIQ.

Level by level

Holdings14 in both16.7%
Countryby domicile97.4%

Sector

No Sector split for FDND.

Country, concentration and asset class

Country by domicile

Country weights in FDND and GPIQ, widest gap first
Country	More in FDNDMore in GPIQ	FDND	GPIQ
United States	FDND +1.4 points	98.8%	97.4%
Australia	FDND +1.2 points	1.2%	0.0%
Canada	GPIQ +1.1 points	0.0%	1.1%
Netherlands	GPIQ +0.7 points	0.0%	0.7%
Other countries (3)	GPIQ +0.8 points	0.0%	0.8%

Concentration

Weight in the 10 largest Holdings

FDND60.7%
GPIQ46.4%

Securities held

FDND41
GPIQ101

Asset class

FDND: Multi-Asset
GPIQ: Equity

Holdings

Only in FDND27
In both14
Only in GPIQ87

Only in FDND

27 securities, 38.5% of FDND by weight

Salesforce, Inc.4.54%
Arista Networks, Inc.4.24%
Oracle Corporation3.91%
Snowflake Inc. (Class A)3.89%
Cloudflare, Inc. (Class A)3.31%
Carvana Co. (Class A)1.80%
eBay Inc.1.78%
Veeva Systems Inc. (Class A)1.71%
Ciena Corporation1.68%
Okta, Inc.1.27%
Atlassian Corporation (Class A)1.12%
Roblox Corporation (Class A)1.06%
Zoom Communications, Inc. (Class A)0.93%
VeriSign, Inc.0.92%
F5, Inc.0.70%
Nutanix, Inc. (Class A)0.67%
DocuSign, Inc.0.58%
Samsara Inc. (Class A)0.58%
GoDaddy Inc. (Class A)0.54%
Circle Internet Group, Inc. (Class A)0.54%
Reddit, Inc. (Class A)0.49%
Akamai Technologies, Inc.0.49%
HubSpot, Inc.0.43%
Flutter Entertainment Plc0.43%
DraftKings Inc.0.38%
Paycom Software, Inc.0.37%
Duolingo, Inc.0.19%

Only in GPIQ

87 securities, 83.6% of GPIQ by weight

Apple Inc.7.99%
NVIDIA Corporation7.82%
Microsoft Corporation6.25%
Micron Technology, Inc.4.41%
Advanced Micro Devices Inc.3.74%
Tesla Inc.3.23%
Broadcom Inc.2.74%
Space Exploration Technologies Corp.2.65%
Walmart Inc2.36%
Palantir Technologies Inc.2.02%
Costco Wholesale Corporation2.00%
Intel Corporation1.89%
Applied Materials Inc1.79%
Texas Instruments Inc.1.56%
Palo Alto Networks Inc.1.39%
Analog Devices Inc.1.32%
Crowdstrike Holdings, Inc.1.22%
Linde PLC1.06%
Amgen Inc.1.05%
Marvell Technology, Inc.1.01%
Lam Research Corporation0.96%
Qualcomm Inc0.94%
Shopify Inc.0.90%
Pepsico, Inc.0.90%
Gilead Sciences0.88%
Sandisk Corporation0.79%
T-Mobile Us, Inc.0.78%
American Electric Power Inc0.76%
Intuitive Surgical, Inc.0.72%
Kla Corp0.65%
Automatic Data Processing Inc0.64%
Starbucks Corp.0.59%
Vertex Pharmaceuticals Incorporated0.58%
Marriott International, Inc0.56%
Asml Holding N.v.-Adr0.56%
Seagate Technology Holdin PLC0.54%
Lumentum Holdings Inc.0.53%
Monolithic Power Systems, Inc.0.52%
Western Digital Corporation0.50%
Fortinet, Inc.0.50%
Teradyne Inc0.49%
Nxp Semiconductors N.v.0.48%
Microchip Technology Incorporated0.44%
Synopsys Inc.0.44%
Cadence Design Systems Inc0.44%
Mondelez International, Inc.0.43%
Moderna, Inc.0.42%
Intuit Inc0.39%
Cintas Corporation0.39%
Csx Corporation0.39%

Weight gaps

All 14 Holdings in both funds, largest gap first.

Holding weights in FDND and GPIQ, widest gap first
Holding	More in FDNDMore in GPIQ	FDND	GPIQ
Cisco Systems, Inc.CSCO	FDND +7.27 points	8.94%	1.67%
Meta Platforms, Inc. (Class A)META	FDND +7.05 points	10.12%	3.07%
Amazon.com, Inc.AMZN	FDND +6.19 points	10.24%	4.05%
Netflix, Inc.NFLX	FDND +4.66 points	5.53%	0.87%
Booking Holdings Inc.BKNG	FDND +3.70 points	4.09%	0.39%
Datadog, Inc. (Class A)DDOG	FDND +2.47 points	2.90%	0.43%
Alphabet Inc. (Class C)GOOG	FDND +2.47 points	4.06%	1.59%
DoorDash, Inc. (Class A)DASH	FDND +2.19 points	2.47%	0.28%
Airbnb, Inc. (Class A)ABNB	FDND +2.10 points	2.53%	0.43%
Alphabet Inc. (Class A)GOOGL	FDND +1.88 points	5.04%	3.16%
PayPal Holdings, Inc.PYPL	FDND +1.50 points	1.78%	0.28%
Workday, Inc. (Class A)WDAY	FDND +1.26 points	1.46%	0.20%
Copart, Inc.CPRT	FDND +0.78 points	0.93%	0.15%
CoreWeave, Inc. (Class A)CRWV	FDND +0.58 points	0.77%	0.19%

All 42 FDND holdings⁠All 106 GPIQ holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FDND vs GPIQ Cost

Overpaying FDND vs GPIQ

$8,530

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FDND 0.75%
$14,482
GPIQ 0.29%
$5,952

Amount$10,000

Years30 years

Cost over time

FDND 0.75%
GPIQ 0.29%
Overpaying

Year by year

Year	FDND	GPIQ	Overpaying
10	$1,336	$527	$809
20	$5,078	$2,044	$3,034
30	$14,482	$5,952	$8,530

Expense ratio

0.75%FDND
0.29%GPIQ, cheaper

GPIQ0.29%FDND0.75%

0.00%1.20%

Middle half of Nasdaq-100 Option Income funds
Median 0.71%

GPIQ 2nd cheapest of 30 funds

FDND 17th cheapest of 30 funds

FDND vs GPIQ Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FDND 8.31%; GPIQ 10.62%, better
Payout (12M): FDND $1.72; GPIQ $5.77
Last payment: FDND $0.14; GPIQ $0.51
Ex-dividend: FDND Oct 21, 2026; GPIQ Oct 1, 2026
Paid on: FDND Oct 30, 2026; GPIQ Oct 7, 2026
Frequency: FDND Monthly; GPIQ Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FDNDMonthly · 31 paymentsAll FDND payments⁠

GPIQMonthly · 35 paymentsAll GPIQ payments⁠

FDND vs GPIQ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FDND 18.8%since Apr 2024GPIQ 14.5%
Return per unit of riskSharpe ratio, 3 years: FDND 0.32since Apr 2024GPIQ 1.21
Worst fallMax drawdown, 5 years: FDND −24.1%since Mar 2024GPIQ −21.1%since Oct 2023
Market sensitivityBeta, 5 years: FDND 1.14GPIQ 1.16; Market = 1

FDND and GPIQ in the news

All news⁠

ETF Filings
Franklin Templeton files two PayDay ETFs that would pay every two weeks
Oct 16, 2026GPIQ
ETF Filings
Motley Fool files five Fool 100 ETFs, three for options income
Oct 9, 2026GPIQ
Category Review
The four largest Nasdaq-100 income funds trailed the stocks by 0.9 to 5.8 percentage points
Updated Oct 2, 2026GPIQ

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FDND vs GPIQ

In short

Stated mandate

Why people hold it

Worth knowing

How FDND and GPIQ differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FDND

Only in GPIQ

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Franklin Templeton files two PayDay ETFs that would pay every two weeks

Motley Fool files five Fool 100 ETFs, three for options income

The four largest Nasdaq-100 income funds trailed the stocks by 0.9 to 5.8 percentage points