ETF Comparison
GPIQ vs QDTE: Which Is the Better Pick in 2026?
A head-to-head comparison of Goldman Sachs Nasdaq-100 Core Premium Income ETF and Roundhill QDTE QQQ ODTE Covered Call Strategy covering yield, cost, risk, and income potential.
Data updated April 9, 2026
Side-by-side snapshot
| GPIQ | QDTE | |
|---|---|---|
| Full name | Goldman Sachs Nasdaq-100 Core Premium Income ETF | Roundhill QDTE QQQ ODTE Covered Call Strategy |
| Issuer | Goldman Sachs | Roundhill Investments |
| Price | $49.94 | $27.63 |
| Distribution yield | 10.68% | 50.38% |
| Expense ratio | 0.29% | 0.97% |
| AUM | $3.1B | $799M |
| Distribution frequency | Monthly | Weekly |
| Underlying index | NASDAQ 100 | NASDAQ 100 |
| Objective | 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. | Covered Call |
| Asset class | Equity | Equity |
| Inception date | 03/20/2024 | 08/15/2024 |
| Beta | 0.0 | 0.0 |
| Last dividend | $0.43 | $0.16 |
| Ex-dividend date | 04/01/2026 | 04/01/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) and QDTE (Roundhill QDTE QQQ ODTE Covered Call Strategy) are both popular monthly-pay 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. ETFs, but they take different approaches.
QDTE offers the higher yield at 50.38% vs 10.68% for GPIQ. 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 0.97%.
GPIQ is the larger fund by assets ($3.1B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, GPIQ would generate roughly $89.00/month while QDTE would produce $419.83/month at current distribution rates. Both pay monthly distributions.
Cost & efficiency
Over 10 years on $10,000, GPIQ would cost approximately $290 in fees vs $970 for QDTE (simplified, not compounded). The $680.00 difference may be offset by yield or performance.
Strategy & risk
GPIQ tracks NASDAQ 100 with a 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. approach, while QDTE tracks NASDAQ 100 using a covered call strategy. Beta is 0.0 for GPIQ and 0.0 for QDTE, indicating QDTE is less volatile relative to the market.
Fund details
GPIQ is managed by Goldman Sachs (launched 03/20/2024) with $3.1B in assets. QDTE is managed by Roundhill Investments (launched 08/15/2024) with $799M in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is GPIQ or QDTE better for dividend income?
It depends on your goals. QDTE 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 GPIQ and QDTE?
GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) tracks NASDAQ 100 with a 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. strategy, while QDTE (Roundhill QDTE QQQ ODTE Covered Call Strategy) tracks NASDAQ 100 with a covered call approach. They are issued by Goldman Sachs and Roundhill Investments respectively.
Can I hold both GPIQ and QDTE?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, GPIQ or QDTE?
GPIQ has an expense ratio of 0.29% while QDTE charges 0.97%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in GPIQ vs QDTE generate?
At current yields, $10,000 in GPIQ would generate roughly $89.00 per month ($1,068.00 annually). The same in QDTE would produce about $419.83 per month ($5,038.00 annually).
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