GPIQ vs. ROCQ

Last updated Aug 4, 2026

GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) and ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) are both Nasdaq-100 funds. Both are actively managed. Their 0.98 correlation means they have historically moved very closely together. GPIQ charges 0.29%/yr vs 0.35%/yr for ROCQ.

Performance

GPIQ vs. ROCQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) and JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GPIQ

• 1D: 1.36%
• 1M: -1.54%
• 6M: 10.62%
• YTD: 13.18%
• 1Y: 25.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.64%

ROCQ

• 1D: 1.32%
• 1M: -0.30%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	$89.39M	$82.61M	$83.97M
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	$13.13M	$10.74M	$11.66M

GPIQ vs. ROCQ - Yearly Performance Comparison

	2026 (YTD)
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	14.80%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	15.09%

Correlation

The correlation between GPIQ and ROCQ is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.98

Return for Risk

GPIQ vs. ROCQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GPIQ

GPIQ Risk / Return Rank: 69
GPIQ Sharpe Ratio Rank: 66
GPIQ Sortino Ratio Rank: 64
GPIQ Omega Ratio Rank: 64
GPIQ Calmar Ratio Rank: 76
GPIQ Martin Ratio Rank: 76

ROCQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GPIQ vs. ROCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) and JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GPIQ	ROCQ	Difference
Sharpe ratio: Return per unit of total volatility	1.56	—	—
Sortino ratio: Return per unit of downside risk	2.15	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	2.73	—	—
Martin ratio: Return relative to average drawdown	9.62	—	—

Drawdowns

GPIQ vs. ROCQ - Drawdown Comparison

The maximum GPIQ drawdown since its inception was -21.06%, which is greater than ROCQ's maximum drawdown of -8.05%. Use the drawdown chart below to compare losses from any high point for GPIQ and ROCQ.

Drawdown Indicators

	GPIQ	ROCQ	Difference
Max Drawdown Largest peak-to-trough decline	-21.06%	-8.05%	-13.01%
Max Drawdown (1Y) Largest decline over 1 year	-9.51%	—	—
Current Drawdown Current decline from peak	-4.62%	-3.02%	-1.60%
Average Drawdown Average peak-to-trough decline	-2.34%	-1.58%	-0.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	—	—

Volatility

Volatility by Period

	GPIQ	ROCQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.68%	19.99%	-3.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.06%	19.99%	-1.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.06%	19.99%	-1.93%

GPIQ vs. ROCQ - Expense Ratio Comparison

GPIQ has a 0.29% expense ratio, which is lower than ROCQ's 0.35% expense ratio.

Dividends

GPIQ vs. ROCQ - Dividend Comparison

GPIQ's dividend yield for the trailing twelve months is around 10.15%, more than ROCQ's 4.37% yield.

Position	TTM	2025	2024	2023
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	10.15%	9.81%	9.18%	1.74%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	4.37%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GPIQ and ROCQ in my portfolio?

With a correlation of 0.98, GPIQ and ROCQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, GPIQ or ROCQ?

On fees, GPIQ is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GPIQ or ROCQ?

GPIQ is cheaper with a 0.29% expense ratio, compared with 0.35% for ROCQ.

Which ETF pays a higher dividend yield, GPIQ or ROCQ?

GPIQ has the higher dividend yield at 10.15%, compared with 4.37% for ROCQ.

What is the main difference between GPIQ and ROCQ?

They also come from different issuers: Goldman Sachs and JPMorgan. Their fees differ too: 0.29% for GPIQ and 0.35% for ROCQ.