ROCQ vs. GPIQ

Last updated Jun 23, 2026

ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) are both Nasdaq-100 funds. Both are actively managed. With a 0.97 correlation, they move nearly in lockstep. ROCQ charges 0.35%/yr vs 0.29%/yr for GPIQ.

Performance

ROCQ vs. GPIQ - Performance Comparison

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

Returns By Period

ROCQ

• 1D: 0.07%
• 1M: 2.66%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GPIQ

• 1D: -0.03%
• 1M: 3.05%
• YTD: 18.36%
• 6M: 17.72%
• 1Y: 37.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROCQ vs. GPIQ - Yearly Performance Comparison

	2026 (YTD)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	18.67%
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	20.06%

Correlation

The correlation between ROCQ and GPIQ is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.97

Return for Risk

ROCQ vs. GPIQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ROCQ

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

GPIQ

GPIQ Risk / Return Rank: 81
GPIQ Sharpe Ratio Rank: 82
GPIQ Sortino Ratio Rank: 78
GPIQ Omega Ratio Rank: 81
GPIQ Calmar Ratio Rank: 79
GPIQ Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ROCQ vs. GPIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). 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.

	ROCQ	GPIQ	Difference
Sharpe ratio: Return per unit of total volatility	—	2.52	—
Sortino ratio: Return per unit of downside risk	—	3.30	—
Omega ratio: Gain probability vs. loss probability	—	1.46	—
Calmar ratio: Return relative to maximum drawdown	—	3.94	—
Martin ratio: Return relative to average drawdown	—	16.68	—

Drawdowns

ROCQ vs. GPIQ - Drawdown Comparison

The maximum ROCQ drawdown since its inception was -5.68%, smaller than the maximum GPIQ drawdown of -21.06%. Use the drawdown chart below to compare losses from any high point for ROCQ and GPIQ.

Drawdown Indicators

	ROCQ	GPIQ	Difference
Max Drawdown Largest peak-to-trough decline	-5.68%	-21.06%	+15.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.51%	—
Current Drawdown Current decline from peak	0.00%	-0.25%	+0.25%
Average Drawdown Average peak-to-trough decline	-0.95%	-2.27%	+1.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.24%	—

Volatility

Volatility by Period

	ROCQ	GPIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.80%	14.89%	+3.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.80%	17.79%	+1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.80%	17.79%	+1.01%

ROCQ vs. GPIQ - Expense Ratio Comparison

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

Dividends

ROCQ vs. GPIQ - Dividend Comparison

ROCQ's dividend yield for the trailing twelve months is around 2.02%, less than GPIQ's 9.32% yield.

Position	TTM	2025	2024	2023
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	9.32%	9.81%	9.18%	1.74%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	2.02%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ROCQ and GPIQ in my portfolio?

With a correlation of 0.97, ROCQ and GPIQ 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, ROCQ or GPIQ?

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, ROCQ or GPIQ?

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

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

GPIQ has the higher dividend yield at 9.32%, compared with 2.02% for ROCQ.

What is the main difference between ROCQ and GPIQ?

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