ETF Comparison
GPIQ vs QDTE vs QQQI vs TDAQ: Which Is the Better Pick in 2026?
A side-by-side comparison of Goldman Sachs Nasdaq-100 Core Premium Income ETF, Roundhill QDTE QQQ ODTE Covered Call Strategy, NEOS Nasdaq-100 High Income ETF and Innovation 100 Growth & Daily covering yield, cost, risk, and income potential.
Data updated April 9, 2026
Side-by-side snapshot
| GPIQ | QDTE | QQQI | TDAQ | |
|---|---|---|---|---|
| Full name | Goldman Sachs Nasdaq-100 Core Premium Income ETF | Roundhill QDTE QQQ ODTE Covered Call Strategy | NEOS Nasdaq-100 High Income ETF | Innovation 100 Growth & Daily |
| Issuer | Goldman Sachs | Roundhill Investments | NEOS | TappAlpha |
| Price | $49.94 | $27.63 | $50.51 | $24.01 |
| Distribution yield | 10.68% | 50.38% | 14.32% | 17.28% |
| Expense ratio | 0.29% | 0.97% | 0.68% | 0.68% |
| AUM | $3.1B | $799M | $9.3B | $125M |
| Distribution frequency | Monthly | Weekly | Monthly | Monthly |
| Underlying index | NASDAQ 100 | NASDAQ 100 | NASDAQ 100 | Invesco QQQ Trust (QQQ) |
| 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 | Seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation. | The TappAlpha Innovation 100 Growth & Daily Income ETF (the "Fund") seeks current income while maintaining prospects for capital appreciation. The Fund’s secondary investment objective is to seek exposure to the performance of the Invesco QQQ Trust, Series 1 ("QQQ"), subject to a limit on potential investment gains. |
| Asset class | Equity | Equity | Equity | Equity |
| Inception date | 03/20/2024 | 08/15/2024 | 01/29/2024 | 09/04/2025 |
| Beta | 0.0 | 0.0 | 0.0 | 0.0 |
| Last dividend | $0.43 | $0.16 | $0.64 | $0.35 |
| Ex-dividend date | 04/01/2026 | 04/01/2026 | 01/21/2026 | 03/17/2026 |
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), QDTE (Roundhill QDTE QQQ ODTE Covered Call Strategy), QQQI (NEOS Nasdaq-100 High Income ETF), TDAQ (Innovation 100 Growth & Daily) are popular dividend ETFs that take different approaches.
QDTE offers the highest yield at 50.38%, followed by TDAQ at 17.28%, QQQI at 14.32%, GPIQ at 10.68%.
GPIQ is the cheapest with an expense ratio of 0.29%, compared to 0.68% for QQQI and 0.68% for TDAQ and 0.97% for QDTE.
QQQI is the largest fund by assets ($9.3B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment: GPIQ generates ~$89.00/month, QDTE generates ~$419.83/month, QQQI generates ~$119.33/month, TDAQ generates ~$144.00/month at current distribution rates.
Cost & efficiency
Over 10 years on $10,000: GPIQ costs ~$290, QDTE costs ~$970, QQQI costs ~$680, TDAQ costs ~$680 in fees (simplified, not compounded).
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; QDTE tracks NASDAQ 100 with a covered call approach; QQQI tracks NASDAQ 100 with a seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation. approach; TDAQ tracks Invesco QQQ Trust (QQQ) with a the tappalpha innovation 100 growth & daily income etf (the "fund") seeks current income while maintaining prospects for capital appreciation. the fund’s secondary investment objective is to seek exposure to the performance of the invesco qqq trust, series 1 ("qqq"), subject to a limit on potential investment gains. approach.
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. QQQI is managed by NEOS (launched 01/29/2024) with $9.3B in assets. TDAQ is managed by TappAlpha (launched 09/04/2025) with $125M in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Which of GPIQ, QDTE, QQQI, and TDAQ is best for dividend income?
It depends on your goals. QDTE currently offers the highest 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, QDTE, QQQI, and TDAQ?
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, issued by Goldman Sachs. QDTE (Roundhill QDTE QQQ ODTE Covered Call Strategy) tracks NASDAQ 100 with a covered call strategy, issued by Roundhill Investments. QQQI (NEOS Nasdaq-100 High Income ETF) tracks NASDAQ 100 with a seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation. strategy, issued by NEOS. TDAQ (Innovation 100 Growth & Daily) tracks Invesco QQQ Trust (QQQ) with a the tappalpha innovation 100 growth & daily income etf (the "fund") seeks current income while maintaining prospects for capital appreciation. the fund’s secondary investment objective is to seek exposure to the performance of the invesco qqq trust, series 1 ("qqq"), subject to a limit on potential investment gains. strategy, issued by TappAlpha.
Can I hold GPIQ, QDTE, QQQI, and TDAQ together?
Yes. Many income investors hold multiple dividend ETFs to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has the lowest fees among GPIQ, QDTE, QQQI, and TDAQ?
GPIQ has an expense ratio of 0.29%, QDTE has an expense ratio of 0.97%, QQQI has an expense ratio of 0.68%, TDAQ has an expense ratio of 0.68%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 generate in each?
$10,000 in GPIQ yields ~$89.00/month ($1,068.00/year). $10,000 in QDTE yields ~$419.83/month ($5,038.00/year). $10,000 in QQQI yields ~$119.33/month ($1,432.00/year). $10,000 in TDAQ yields ~$144.00/month ($1,728.00/year).
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