A head-to-head comparison of Goldman Sachs Nasdaq-100 Core Premium Income ETF and Amplify CWP Dividend & Option Income ETF covering yield, cost, risk, and income potential.
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.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Amplify ETFs is known for offering thematic and specialized investment solutions across 22 funds, ranging from digital assets and commodities to dividend and income-focused strategies. Their lineup emphasizes yield generation and alternative themes, with notable funds including DIVO (Amplify Dividend Rotation Fund), HACK (Amplify Cybersecurity ETF), and SWAN (Amplify BlackSwan Growth ETF), alongside crypto-related funds like BITY and SOLM. The issuer distinguishes itself through niche sector exposure and their proprietary YieldSmart technology platform designed to optimize income strategies.
See our curated list of related YouTube videos on QDVO.
U.S. large-cap value / dividend equities with a covered call overlay
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.
Seeks to provide high monthly income with the potential for capital appreciation by investing in quality U.S. dividend-paying equities and writing covered call options on those holdings.
Asset class
Equity
Equity
Inception date
10/24/2023
08/21/2024
Beta
1.0964
0.9338
Last dividend
$0.5191
$0.2660
Ex-dividend date
07/01/2026
06/29/2026
Bottom lineGPIQ and QDVO are nearly interchangeable — both track the Nasdaq-100 with very similar cost and risk. The clearest tie-breaker is cost: GPIQ is cheaper at 0.29% vs 0.56%.
Most used
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
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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 QDVO (Amplify CWP Dividend & Option Income ETF) are both monthly-pay dividend ETFs, but they take different approaches.
GPIQ offers the higher yield at 10.79% vs 10.64% for QDVO. 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: GPIQ is linked to NASDAQ 100 while QDVO tracks U.S. large-cap value / dividend equities with a covered call overlay, which means their performance drivers differ.
GPIQ is the larger fund by assets ($4.62B), which generally means tighter spreads and better liquidity.
Who should choose each?
Choose GPIQ
Goldman Sachs Nasdaq-100 Core Premium Income ETF
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 QDVO.
Choose QDVO
Amplify CWP Dividend & Option Income ETF
Are comfortable with an options-income strategy — a large payout in exchange for capped upside.
Prefer lower volatility — a beta of 0.9 vs 1.1 for GPIQ.
Not sure? Use the income calculator and snapshot above to weigh these trade-offs against your own goals.
Deep dive
Yield & income
On a $10,000 investment, GPIQ would generate roughly $89.92/month, while QDVO would produce $88.67/month, at current distribution rates. Both pay monthly distributions.
GPIQ yield10.79%
QDVO yield10.64%
Monthly diff on $10K$1.25
Cost & efficiency
Over 10 years on $10,000, GPIQ would cost approximately $290 in fees vs $560 for QDVO (simplified, not compounded). The $270.00 difference may be offset by yield or performance.
GPIQ ER0.29%
QDVO ER0.56%
Strategy & risk
GPIQ tracks NASDAQ 100 with a covered call approach, while QDVO tracks U.S. large-cap value / dividend equities with a covered call overlay with an active approach. Beta is 1.0964 for GPIQ and 0.9338 for QDVO, indicating QDVO is less volatile relative to the market.
GPIQ beta1.0964
QDVO beta0.9338
Fund details
GPIQ is managed by Goldman Sachs (launched 10/24/2023) with $4.62B in assets. QDVO is managed by Amplify ETFs (launched 08/21/2024) with $713M in assets.
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Frequently asked questions
Is GPIQ or QDVO 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 GPIQ and QDVO?
GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) tracks NASDAQ 100 with a covered call approach, while QDVO (Amplify CWP Dividend & Option Income ETF) tracks U.S. large-cap value / dividend equities with a covered call overlay with an active approach. They are issued by Goldman Sachs and Amplify ETFs respectively.
Can I hold both GPIQ and QDVO?
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, GPIQ or QDVO?
GPIQ has an expense ratio of 0.29% while QDVO charges 0.56%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in GPIQ vs QDVO generate?
At current rates, $10,000 in GPIQ would generate roughly $89.92 per month ($1,079.00 annually). The same in QDVO would produce about $88.67 per month ($1,064.00 annually).
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