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GPIQ vs QQQM

Goldman Sachs Nasdaq-100 Premium Income ETF vs Invesco NASDAQ 100 ETF

GPIQ

Goldman Sachs Nasdaq-100 Premium Income ETF

Annual cost

0.29%

Fund size

$3.9B

QQQM

Invesco NASDAQ 100 ETF

Annual cost

0.15%

Fund size

$82.9B

Key differences

  • QQQM costs 0.14% less per year.
  • QQQM is significantly larger than GPIQ — larger funds tend to be more liquid and less likely to close.
  • GPIQ is classified as alternative, while QQQM is equity — different risk/return profiles.
  • GPIQ follows a option income strategy; QQQM uses index tracking.

Side-by-side comparison

GPIQQQQM
Annual cost (TER)0.29%0.15%
Fund size (AUM)$3.9B$82.9B
Since20232020
Dividend yield3.56%0.46%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+39.3%+44.0%
CAGR 3YN/A+30.3%
CAGR 5YN/A+18.5%
Sharpe 3YN/A1.27
Volatility 1Y13.51%16.06%
Max drawdown-21.06%-35.04%

Similar to GPIQ and QQQM