A head-to-head comparison of Amplify CWP Enhanced Dividend Income ETF and Goldman Sachs Nasdaq-100 Core Premium Income ETF covering yield, cost, risk, and income potential.
Data updated August 5, 2026
Best for
DIVOInvestors who want broad equity exposure.
GPIQInvestors who want to maximize current income — roughly 10.26%, generated by selling options premium.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Amplify ETFs is known for offering specialized, thematic investment solutions across diverse market segments including digital assets, commodities, and dividend strategies. The issuer's lineup spans multiple fund families covering income-focused strategies, covered call approaches, commodity exposure, and thematic sectors such as cybersecurity, blockchain, gaming, and sustainable investing. Notable for tickers like BLOK (blockchain), HACK (cybersecurity), and DIVO (dividend), Amplify combines traditional income strategies with alternative themes and emerging asset classes, appealing to investors seeking both yield and exposure to innovation-driven sectors.
See our curated list of related YouTube videos on DIVO.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Goldman Sachs operates a 15-fund ETF lineup spanning diverse asset classes including bonds, commodities, factor-based strategies, income-focused funds, and international equities. The issuer is known for its specialized offerings in income generation and factor investing, with popular tickers including GSIE (a U.S. equity income fund) and GBIL (a short-duration bond fund). Their fund families emphasize both traditional index-based approaches and actively managed strategies across fixed income, commodities, and international markets.
See our curated list of related YouTube videos on GPIQ.
a basket of Amplify Advanced Dividend Income ETF holdings
NASDAQ 100
Objective
Seeks to provide current income as the primary objective and capital appreciation as the secondary objective by investing at least 80% of net assets in dividend-paying U.S. exchange-traded equity securities while opportunistically utilizing covered call options on those securities.
Seeks current income while maintaining prospects for capital appreciation by investing at least 80% of net assets in companies included in the Nasdaq-100 and selling call options with exposure to the benchmark.
Asset class
Equity
Equity
Inception date
12/14/2016
10/24/2023
Beta
0.56
1.0964
Last dividend
$0.1880
$0.4862
Ex-dividend date
07/30/2026
08/03/2026
Bottom lineChoose DIVO if you want broad equity exposure. Choose GPIQ if you want to maximize current income — roughly 10.26%, generated by selling options premium. There's no free lunch: GPIQ's payout comes from selling options, which caps upside and can erode the share price over time, while DIVO keeps full price exposure.
Most used
Income calculator
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Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
DIVO has lagged GPIQ over the trailing twelve months, posting a 19.33% total return against 25.31%. Measured from Oct 2023 — when the younger fund began trading — GPIQ has compounded at 27.16% a year versus 19.39% for DIVO. DIVO has been the steadier holding, though — annualized volatility of 9.4% against 16.9% for GPIQ. Figures are total returns: price change plus every distribution reinvested.
Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of August 5, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Oct 2023” measures every fund from October 26, 2023 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the past year. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the past year) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Quick verdict
DIVO (Amplify CWP Enhanced Dividend Income ETF) and GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) are both monthly-pay dividend ETFs, but they take different approaches.
GPIQ offers the higher yield at 10.26% vs 4.71% for DIVO. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
GPIQ is cheaper with an expense ratio of 0.29% compared to 0.56%.
They track different benchmarks: DIVO is linked to a basket of Amplify Advanced Dividend Income ETF holdings while GPIQ tracks NASDAQ 100, which means their performance drivers differ.
DIVO is the larger fund by assets ($7.61B), which generally means tighter spreads and better liquidity.
Who should choose each?
Choose DIVO
Amplify CWP Enhanced Dividend Income ETF
Want broad equity exposure.
Prefer lower volatility — a beta of 0.6 vs 1.1 for GPIQ.
Choose GPIQ
Goldman Sachs Nasdaq-100 Core Premium Income ETF
Want to maximize current income — GPIQ distributes roughly 10.26% from selling options premium, vs 4.71% for DIVO.
Are comfortable with an options-income strategy — a large payout in exchange for capped upside.
Want to keep costs low — a 0.29% expense ratio vs 0.56% for DIVO.
Not sure? Use the income calculator and snapshot above to weigh these trade-offs against your own goals.
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On a $10,000 investment, DIVO would generate roughly $39.25/month, while GPIQ would produce $85.50/month, at current distribution rates. Both pay monthly distributions.
DIVO yield4.71%
GPIQ yield10.26%
Monthly diff on $10K$46.25
Cost & efficiency
Over 10 years on $10,000, DIVO would cost approximately $560 in fees vs $290 for GPIQ (simplified, not compounded). The $270.00 difference may be offset by yield or performance.
DIVO ER0.56%
GPIQ ER0.29%
Strategy & risk
DIVO holds a basket of Amplify Advanced Dividend Income ETF holdings with a covered call approach, while GPIQ tracks NASDAQ 100 with a covered call approach. Beta is 0.56 for DIVO and 1.0964 for GPIQ, indicating DIVO is less volatile relative to the market.
DIVO beta0.56
GPIQ beta1.0964
Fund details
DIVO is managed by Amplify ETFs (launched 12/14/2016) with $7.61B in assets. GPIQ is managed by Goldman Sachs (launched 10/24/2023) with $5.13B in assets.
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Frequently asked questions
What is the current distribution yield for DIVO and GPIQ?
DIVO currently distributes 4.71% and GPIQ 10.26%, based on fund data updated August 2026. Distribution yield moves with both the payout and the share price, so check the as-of date before relying on either figure.
Is DIVO or GPIQ better for dividend income?
It depends on your goals. GPIQ currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between DIVO and GPIQ?
DIVO (Amplify CWP Enhanced Dividend Income ETF) holds a basket of Amplify Advanced Dividend Income ETF holdings with a covered call approach, while GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) tracks NASDAQ 100 with a covered call approach. They are issued by Amplify ETFs and Goldman Sachs respectively.
Can I hold both DIVO and GPIQ?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, DIVO or GPIQ?
DIVO has an expense ratio of 0.56% while GPIQ charges 0.29%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in DIVO vs GPIQ generate?
At current rates, $10,000 in DIVO would generate roughly $39.25 per month ($471.00 annually). The same in GPIQ would produce about $85.50 per month ($1,026.00 annually).
Which has performed better historically, DIVO or GPIQ?
DIVO has lagged GPIQ over the trailing twelve months, posting a 19.33% total return against 25.31%. Measured from Oct 2023 — when the younger fund began trading — GPIQ has compounded at 27.16% a year versus 19.39% for DIVO. DIVO has been the steadier holding, though — annualized volatility of 9.4% against 16.9% for GPIQ. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
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