GPIQ ETF beats JEPQ by far, but QQQ is a better Nasdaq 100 fund

Core Viewpoint - The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is experiencing significant growth, with inflows increasing and its stock reaching a record high, prompting discussions on its investment potential [1] Group 1: GPIQ ETF Overview - GPIQ ETF is designed to provide exposure to the tech-heavy Nasdaq 100 Index while generating yield through a dynamic options 'overwrite' strategy, selling call options on a varying percentage of market performance [2] - The fund benefits from a covered call approach, allowing shareholders to receive monthly returns regardless of market conditions, with income generated even during downtrends [2] Group 2: Performance Comparison - GPIQ ETF has an expense ratio of 0.29%, lower than JEPQ's 0.35%, making it more attractive to investors, with both funds offering a similar dividend yield of approximately 10% [3] - In the last 12 months, GPIQ has achieved a total return of about 20%, outperforming JEPQ's 16% return [3] - Despite GPIQ's strong performance, the Invesco QQQ ETF has shown better returns, with a total return of 22% this year, compared to GPIQ's 20% and JEPQ's 16% [4]