GPIQ vs JEPQ: Income Fund Comparison

Goldman Sachs Nasdaq-100 Core Premium Income ETF - US (GPIQ) and JPMorgan Nasdaq Equity Premium Income ETF - US (JEPQ) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.

GPIQ: Gross expense ratio is 0.35 - quite low. JEPQ: Expense ratio is 0.35 which is low for an options based fund. GPIQ fund inception date was Oct 24 2023. JEPQ fund has been around since May 3rd 2022. Full Dependability and Return scores for both funds are available in the app.

GPIQ JEPQ
Fund Name Goldman Sachs Nasdaq-100 Core Premium Income ETF - US JPMorgan Nasdaq Equity Premium Income ETF - US
Fund Type Index Based Fund Index Based Fund
Exchange NYSE/NASDAQ NYSE/NASDAQ
Last Reviewed 2025-12-09 2025-10-30
Author , Income Investing Analyst
GPIQ
JEPQ
Overall Score
Dependability

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Fund Attributes: GPIQ vs JEPQ 20% of overall score

Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.

Criterion
GPIQ
JEPQ
Expense Ratio
4/5

Gross expense ratio is 0.35 - quite low.

4/5

Expense ratio is 0.35 which is low for an options based fund.

Fund Company Size
5/5

Goldman Sachs manages nearly 3 trillion in assets.

5/5

JP Morgan has trillions under management.

Fund History
3/5

Fund inception date was Oct 24 2023.

4/5

Fund has been around since May 3rd 2022.

Fund AUM
5/5

Fund has about 2.3 billion under management.

5/5

34 Billion plus under management. One of the most popular income funds.

Risk: GPIQ vs JEPQ 35% of overall score

Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.

Criterion
GPIQ
JEPQ
Volatility
3/5

Beta is 0.98 for this fund which is medium volatility.

4/5

Beta is a low 0.7 which is less volatile as the market.

Lower volatility may indicate more stability — important for investors living off their income.
Sector Diversification
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Holding across more sectors reduces the impact of any single industry downturn.
Geographic Diversification
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Exposure across geographies can reduce risk from any single country's economic conditions.
Fund Risk
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The fund's overall risk profile, based on self-reported classifications where available.
Underlying Assets
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What the fund actually holds — stocks, bonds, synthetics, or other funds — affects risk profile significantly.

See the full Risk analysis for both GPIQ and JEPQ — volatility ratings, diversification scores, and analyst notes.

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Return: GPIQ vs JEPQ 45% of overall score

Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.

Criterion
GPIQ
JEPQ
Yield
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The current dividend yield, reflecting the annual income generated relative to fund price.
Yield Stability
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How consistent the distribution amounts have been over time — critical for income investors who budget around payments.
Capital History
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The fund's track record of price appreciation or depreciation, reflecting total return alongside income.
Distribution Frequency
4/5

The fund pays monthly distributions.

4/5

Fund pays monthly.

How often the fund pays distributions — monthly payments are generally preferred by income investors.

See the full Return analysis for both GPIQ and JEPQ — yield ratings, distribution consistency scores, and capital history.

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Our Review Methodology

Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.

We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?

Full scores, ratings, and analyst notes for both GPIQ and JEPQ are available in the Dependable Income Investing app.

See our full scoring methodology →

Frequently Asked Questions: GPIQ vs JEPQ

Which has a lower expense ratio, GPIQ or JEPQ?

GPIQ: Gross expense ratio is 0.35 - quite low.
JEPQ: Expense ratio is 0.35 which is low for an options based fund.

Which fund has more assets under management, GPIQ or JEPQ?

GPIQ: Fund has about 2.3 billion under management.
JEPQ: 34 Billion plus under management. One of the most popular income funds.

Which fund has been trading longer, GPIQ or JEPQ?

GPIQ: Fund inception date was Oct 24 2023.
JEPQ: Fund has been around since May 3rd 2022.

Who manages GPIQ vs JEPQ?

GPIQ: Goldman Sachs manages nearly 3 trillion in assets.
JEPQ: JP Morgan has trillions under management.

Where can I see the full GPIQ vs JEPQ comparison with scores?

The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.

What is the difference between GPIQ and JEPQ?

Goldman Sachs Nasdaq-100 Core Premium Income ETF - US is a Index Based Fund. Gross expense ratio is 0.35 - quite low. JPMorgan Nasdaq Equity Premium Income ETF - US is a Index Based Fund. Expense ratio is 0.35 which is low for an options based fund. Full comparison including Dependability Score is available in the Dependable Income Investing app.

Which is better for income investors, GPIQ or JEPQ?

GPIQ: Gross expense ratio is 0.35 - quite low. Fund inception date was Oct 24 2023. JEPQ: Expense ratio is 0.35 which is low for an options based fund. Fund has been around since May 3rd 2022. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.

Do GPIQ and JEPQ pay monthly distributions?

GPIQ: The fund pays monthly distributions. JEPQ: Fund pays monthly. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.

See the Full GPIQ vs JEPQ Comparison

The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.

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