GPIQ vs KIQQ: Grades, Fees and Holdings Compared

Goldman Sachs Nasdaq-100 Premium Income ETF

GPIQANasdaq

Kraneshares Insperex Nasdaq Dynamic Buffered High Income Index ETF

KIQQDNasdaq

Overlap

96.4%by weight

Expense ratio

GPIQ −0.50pt a year

GPIQ0.29%KIQQ0.79%

Avg volume · 30D

GPIQ 1797.3×the volume

GPIQ1.57MKIQQ876

GPIQ vs KIQQ Performance

Jul 31, 2026 – Oct 30, 2026

+0.4%GPIQ−2.6%KIQQ

Expense ratio: GPIQ 0.29%, better; KIQQ 0.79%
Fund size: GPIQ $6.52B; KIQQ $2M
1Y total return: GPIQ +11.4%; KIQQ No data
Yield (12M): GPIQ 10.62%; KIQQ No data
Holdings: GPIQ 102; KIQQ 101
Avg volume (30D): GPIQ 1.57M sh, better; KIQQ 876 sh
NAV per share: GPIQ $56.04; KIQQ $23.46
52W range

ETF.net Grade

Pillar letters and Scores for GPIQ, KIQQ, with each pillar’s weight
Pillar	GPIQ	KIQQ
Cost30% weight	A92Higher	D37
Mission25% weight	A100	Not scored
Risk15% weight	C52Higher	C41
Tradability15% weight	A73Higher	F7
Holdings10% weight	A85Higher	A70
Durability5% weight	A79Higher	F10

Rank among Nasdaq-100 Option Income funds

How we build Categories ›

Same Category. GPIQ and KIQQ 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 KIQQ 25th 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 24DQQQTNASDAQ 100 Income Target ETFScore 35
Rank 25DKIQQKraneshares Insperex Nasdaq Dynamic Buffered High Income Index ETFScore 34
Rank 25DQLDYDefiance Nasdaq 100 LightningSpread Income ETFScore 34

Our read on each fund

ETF.net Research

GPIQAGoldman Sachs Nasdaq-100 Premium Income ETF

KIQQDKraneshares Insperex Nasdaq Dynamic Buffered High Income Index ETF

In short

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.

KIQQ No data

Stated mandate

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.

KIQQ No data

Why people hold it

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.

KIQQ No data

Worth knowing

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.

KIQQ No data

Full GPIQ profile⁠

Full KIQQ profile⁠

GPIQ vs KIQQ Holdings

How GPIQ and KIQQ differ

Overlap by weight

96.4%

Shared holdings make up 100% of KIQQ and 100% of GPIQ.

Level by level

Holdings101 in both96.4%
Sector10 Sectors96.9%
Asset classEquity100%
Countryby domicile99.7%

Sector

Sector weights in GPIQ and KIQQ, widest gap first
Sector	More in GPIQMore in KIQQ	GPIQ	KIQQ
Technology	GPIQ +1.7 points	60.7%	59.0%
Communication	GPIQ +1.4 points	12.6%	11.2%
Consumer Staples	KIQQ +0.9 points	5.5%	6.4%
Industrials	KIQQ +0.6 points	5.1%	5.7%
Health Care	KIQQ +0.6 points	3.8%	4.4%
Consumer Discretionary	KIQQ +0.5 points	9.9%	10.4%
Utilities	KIQQ +0.2 points	0.9%	1.1%
Materials	KIQQ +0.1 points	0.9%	1.0%
Financials	Same weight	0.1%	0.2%
Energy	Same weight	0.5%	0.5%

Country, concentration and asset class

Country by domicile

Country weights in GPIQ and KIQQ, widest gap first
Country	More in GPIQMore in KIQQ	GPIQ	KIQQ
United States	GPIQ +0.2 points	97.4%	97.2%
Canada	Same weight	1.1%	1.1%
Netherlands	KIQQ +0.2 points	0.7%	0.9%
Brazil	KIQQ +0.1 points	0.3%	0.4%
China	GPIQ +0.1 points	0.3%	0.2%
United Kingdom	Same weight	0.2%	0.2%

Concentration

Weight in the 10 largest Holdings

GPIQ46.4%
KIQQ50.8%

Securities held

GPIQ101
KIQQ101

Asset class

GPIQ: Equity
KIQQ: Equity

Holdings

Only in GPIQ0
In both101
Only in KIQQ0

Only in GPIQ

0 securities, 0.0% of GPIQ by weight

Only in KIQQ

0 securities, 0.0% of KIQQ by weight

Weight gaps

The 100 widest of 101 Holdings in both funds.

Holding weights in GPIQ and KIQQ, widest gap first
Holding	More in GPIQMore in KIQQ	GPIQ	KIQQ
Alphabet Inc.GOOG	KIQQ +1.39 points	1.59%	2.98%
NVIDIA CorporationNVDA	KIQQ +1.14 points	7.82%	8.96%
Apple Inc.AAPL	KIQQ +0.61 points	7.99%	8.60%
Amazon.com IncAMZN	KIQQ +0.47 points	4.05%	4.52%
Micron Technology, Inc.MU	KIQQ +0.48 points	4.41%	4.89%
Advanced Micro Devices Inc.AMD	KIQQ +0.47 points	3.74%	4.21%
Microsoft CorporationMSFT	KIQQ +0.43 points	6.25%	6.68%
Lam Research CorporationLRCX	KIQQ +0.43 points	0.96%	1.39%
American Electric Power IncAEP	GPIQ +0.43 points	0.76%	0.33%
Intel CorporationINTC	KIQQ +0.43 points	1.89%	2.32%
Netflix, Inc.NFLX	KIQQ +0.41 points	0.87%	1.28%
Analog Devices Inc.ADI	GPIQ +0.39 points	1.32%	0.93%
Cisco Systems, Inc.CSCO	KIQQ +0.37 points	1.67%	2.04%
Walmart IncWMT	KIQQ +0.37 points	2.36%	2.73%
Space Exploration Technologies Corp.SPCX	KIQQ +0.36 points	2.65%	3.01%
Applied Materials IncAMAT	GPIQ +0.35 points	1.79%	1.44%
Monolithic Power Systems, Inc.MPWR	GPIQ +0.28 points	0.52%	0.24%
Tesla Inc.TSLA	KIQQ +0.28 points	3.23%	3.51%
Texas Instruments Inc.TXN	GPIQ +0.28 points	1.56%	1.28%
Teradyne IncTER	GPIQ +0.27 points	0.49%	0.22%
Kla CorpKLAC	KIQQ +0.26 points	0.65%	0.91%
Microchip Technology IncorporatedMCHP	GPIQ +0.24 points	0.44%	0.20%
Meta Platforms Inc-Class AMETA	KIQQ +0.21 points	3.07%	3.28%
Lumentum Holdings Inc.LITE	GPIQ +0.19 points	0.53%	0.34%
Nxp Semiconductors N.v.	GPIQ +0.19 points	0.48%	0.29%
Comcast CorporationCMCSA	KIQQ +0.18 points	0.19%	0.37%
Arm Holdings Plc-AdrARM	KIQQ +0.17 points	0.33%	0.50%
Asml Holding N.v.-AdrASML	KIQQ +0.16 points	0.56%	0.72%
Exelon CorporationEXC	KIQQ +0.17 points	0.05%	0.22%
Monster Beverage CorporationMNST	KIQQ +0.16 points	0.28%	0.44%
Booking Holdings Inc.BKNG	KIQQ +0.15 points	0.39%	0.54%
Palantir Technologies Inc.PLTR	KIQQ +0.15 points	2.02%	2.17%
Applovin CorporationAPP	KIQQ +0.15 points	0.23%	0.38%
Xcel Energy Inc.XEL	KIQQ +0.14 points	0.09%	0.23%
Adobe IncADBE	KIQQ +0.13 points	0.37%	0.50%
Honeywell International IncHON	KIQQ +0.13 points	0.20%	0.33%
Constellation Energy CorpCEG	KIQQ +0.13 points	0.30%	0.43%
Baker Hughes CoBKR	KIQQ +0.12 points	0.14%	0.26%
Rocket Lab CorporationRKLB	GPIQ +0.13 points	0.28%	0.15%
Seagate Technology Holdin PLCSTX	KIQQ +0.12 points	0.54%	0.66%
Fortinet, Inc.FTNT	KIQQ +0.12 points	0.50%	0.62%
Paychex, Inc.PAYX	KIQQ +0.12 points	0.08%	0.20%
Paccar IncPCAR	KIQQ +0.12 points	0.14%	0.26%
Costco Wholesale CorporationCOST	KIQQ +0.12 points	2.00%	2.12%
Take Two Interactive SoftwareTTWO	KIQQ +0.10 points	0.08%	0.18%
Autodesk, Inc.ADSK	KIQQ +0.11 points	0.15%	0.26%
Sandisk CorporationSNDK	KIQQ +0.09 points	0.79%	0.88%
Marriott International, IncMAR	GPIQ +0.09 points	0.56%	0.47%
Airbnb Inc.ABNB	GPIQ +0.09 points	0.43%	0.34%
Mercadolibre, Inc.MELI	KIQQ +0.08 points	0.33%	0.41%
Moderna, Inc.MRNA	GPIQ +0.08 points	0.42%	0.34%
Amgen Inc.AMGN	KIQQ +0.09 points	1.05%	1.14%
Western Digital CorporationWDC	KIQQ +0.09 points	0.50%	0.59%
Ferrovial NV	KIQQ +0.08 points	0.09%	0.17%
Honeywell Aerospace Inc.HONA	KIQQ +0.08 points	0.18%	0.26%
Astera Labs, Inc.ALAB	KIQQ +0.07 points	0.14%	0.21%
Automatic Data Processing IncADP	GPIQ +0.07 points	0.64%	0.57%
Pdd Holdings Inc-AdrPDD	GPIQ +0.07 points	0.31%	0.24%
Doordash IncDASH	KIQQ +0.07 points	0.28%	0.35%
Broadcom Inc.AVGO	GPIQ +0.06 points	2.74%	2.68%
Nebius Group NVNBIS	GPIQ +0.07 points	0.24%	0.17%
Coreweave, Inc.CRWV	GPIQ +0.07 points	0.19%	0.12%
Regeneron Pharmaceutical IncREGN	KIQQ +0.06 points	0.34%	0.40%
Fastenal CompanyFAST	GPIQ +0.06 points	0.34%	0.28%
Csx CorporationCSX	KIQQ +0.06 points	0.39%	0.45%
Intuit IncINTU	KIQQ +0.06 points	0.39%	0.45%
Shopify Inc.	KIQQ +0.06 points	0.90%	0.96%
Mondelez International, Inc.MDLZ	GPIQ +0.05 points	0.43%	0.38%
Linde PLC	KIQQ +0.05 points	1.06%	1.11%
Roper Technologies IncROP	GPIQ +0.05 points	0.27%	0.22%
PayPal Holdings, Inc.PYPL	GPIQ +0.06 points	0.28%	0.22%
Diamondback Energy IncFANG	KIQQ +0.05 points	0.23%	0.28%
Axon Enterprise, Inc.AXON	KIQQ +0.05 points	0.11%	0.16%
Starbucks Corp.SBUX	GPIQ +0.04 points	0.59%	0.55%
T-Mobile Us, Inc.TMUS	GPIQ +0.04 points	0.78%	0.74%
Old Dominion Freight Line, Inc.ODFL	GPIQ +0.04 points	0.22%	0.18%
Coca-Cola European Partners PLCCCEP.L	KIQQ +0.04 points	0.19%	0.23%
Alnylam Pharmaceuticals Inc.ALNY	KIQQ +0.04 points	0.11%	0.15%
Palo Alto Networks Inc.PANW	KIQQ +0.04 points	1.39%	1.43%
Cintas CorporationCTAS	KIQQ +0.04 points	0.39%	0.43%
Gilead SciencesGILD	KIQQ +0.04 points	0.88%	0.92%
Vertex Pharmaceuticals IncorporatedVRTX	KIQQ +0.04 points	0.58%	0.62%
Keurig Dr Pepper IncKDP	KIQQ +0.04 points	0.19%	0.23%
Alphabet Inc.GOOGL	KIQQ +0.03 points	3.16%	3.19%
O'reilly Automotive, Inc.ORLY	GPIQ +0.03 points	0.38%	0.35%
Dexcom, Inc.DXCM	GPIQ +0.03 points	0.17%	0.14%
Intuitive Surgical, Inc.ISRG	KIQQ +0.03 points	0.72%	0.75%
Pepsico, Inc.PEP	GPIQ +0.03 points	0.90%	0.87%
Ge Healthcare Technologies Inc.GEHC	GPIQ +0.03 points	0.18%	0.15%
Ross Stores IncROST	GPIQ +0.02 points	0.38%	0.36%
Idexx LaboratoriesIDXX	KIQQ +0.02 points	0.19%	0.21%
Copart, Inc.CPRT	GPIQ +0.02 points	0.15%	0.13%
Thomson Reuters Corporation	KIQQ +0.02 points	0.20%	0.22%
Strategy IncMSTR	GPIQ +0.01 points	0.25%	0.24%
Cadence Design Systems IncCDNS	GPIQ +0.01 points	0.44%	0.43%
Crowdstrike Holdings, Inc.CRWD	KIQQ +0.01 points	1.22%	1.23%
Datadog, Inc.DDOG	KIQQ +0.01 points	0.43%	0.44%
Synopsys Inc.SNPS	GPIQ +0.01 points	0.44%	0.43%
Qualcomm IncQCOM	KIQQ +0.01 points	0.94%	0.95%
Marvell Technology, Inc.MRVL	GPIQ +0.01 points	1.01%	1.00%

All 106 GPIQ holdings⁠All KIQQ 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.

GPIQ vs KIQQ Cost

Overpaying KIQQ vs GPIQ

$9,222

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

GPIQ 0.29%
$5,952
KIQQ 0.79%
$15,174

Amount$10,000

Years30 years

Cost over time

GPIQ 0.29%
KIQQ 0.79%
Overpaying

Year by year

Year	GPIQ	KIQQ	Overpaying
10	$527	$1,405	$878
20	$2,044	$5,331	$3,287
30	$5,952	$15,174	$9,222

Expense ratio

0.29%GPIQ, cheaper
0.79%KIQQ

GPIQ0.29%KIQQ0.79%

0.00%1.20%

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

GPIQ 2nd cheapest of 30 funds

KIQQ 19th cheapest of 30 funds

GPIQ vs KIQQ Dividends

Last 12 months to Oct 30, 2026

Yield (12M): GPIQ 10.62%; KIQQ No data
Payout (12M): GPIQ $5.77; KIQQ No data
Last payment: GPIQ $0.51; KIQQ $0.15
Ex-dividend: GPIQ Oct 1, 2026; KIQQ Oct 29, 2026
Paid on: GPIQ Oct 7, 2026; KIQQ Oct 30, 2026
Frequency: GPIQ Monthly; KIQQ Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

GPIQMonthly · 35 paymentsAll GPIQ payments⁠

KIQQMonthly · 10 paymentsAll KIQQ payments⁠

GPIQ vs KIQQ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GPIQ 14.5%KIQQ No data
Return per unit of riskSharpe ratio, 3 years: GPIQ 1.21KIQQ No data
Worst fallMax drawdown, 5 years: GPIQ −21.1%since Oct 2023KIQQ No data
Market sensitivityBeta, 5 years: GPIQ 1.16KIQQ 0.92; Market = 1

GPIQ and KIQQ 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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GPIQ vs KIQQ

In short

Stated mandate

Why people hold it