ROCQ vs. GPIX

Last updated Jun 4, 2026

ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and GPIX (Goldman Sachs S&P 500 Premium Income ETF) are both exchange-traded funds - ROCQ is a Nasdaq-100 fund actively managed by JPMorgan, while GPIX is a Derivative Income fund actively managed by Goldman Sachs. Both are actively managed. Their correlation of 0.93 suggests significant overlap in exposure. ROCQ charges 0.35%/yr vs 0.29%/yr for GPIX.

Performance

ROCQ vs. GPIX - 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 S&P 500 Premium Income ETF (GPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ROCQ

• 1D: -0.12%
• 1M: 6.49%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GPIX

• 1D: -0.48%
• 1M: 4.27%
• YTD: 9.91%
• 6M: 10.34%
• 1Y: 25.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROCQ vs. GPIX - Yearly Performance Comparison

	2026 (YTD)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	17.62%
GPIX Goldman Sachs S&P 500 Premium Income ETF	12.33%

Correlation

The correlation between ROCQ and GPIX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.93

Return for Risk

ROCQ vs. GPIX — Risk / Return Rank

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

GPIX

GPIX Risk / Return Rank: 75
GPIX Sharpe Ratio Rank: 76
GPIX Sortino Ratio Rank: 75
GPIX Omega Ratio Rank: 79
GPIX Calmar Ratio Rank: 66
GPIX Martin Ratio Rank: 82

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. GPIX - 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 S&P 500 Premium Income ETF (GPIX). 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.

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

Sharpe Ratios by Period

	ROCQ	GPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	7.49	1.78	+5.70

Drawdowns

ROCQ vs. GPIX - Drawdown Comparison

The maximum ROCQ drawdown since its inception was -5.15%, smaller than the maximum GPIX drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for ROCQ and GPIX.

Drawdown Indicators

	ROCQ	GPIX	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	-17.50%	+12.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.71%	—
Current Drawdown Current decline from peak	-0.33%	-0.48%	+0.15%
Average Drawdown Average peak-to-trough decline	-0.66%	-1.48%	+0.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.53%	—

Volatility

Volatility by Period

	ROCQ	GPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.13%	10.17%	+5.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.13%	13.80%	+2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.13%	13.80%	+2.33%

ROCQ vs. GPIX - Expense Ratio Comparison

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

Dividends

ROCQ vs. GPIX - Dividend Comparison

ROCQ's dividend yield for the trailing twelve months is around 2.02%, less than GPIX's 8.00% yield.

Position	TTM	2025	2024	2023
GPIX Goldman Sachs S&P 500 Premium Income ETF	8.00%	8.01%	7.45%	1.40%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	2.02%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ROCQ and GPIX in my portfolio?

With a correlation of 0.93, ROCQ and GPIX 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 GPIX?

On fees, GPIX 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 GPIX?

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

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

GPIX has the higher dividend yield at 8.00%, compared with 2.02% for ROCQ.

What is the main difference between ROCQ and GPIX?

ROCQ is categorized as Nasdaq-100, while GPIX is Derivative Income. They also come from different issuers: JPMorgan and Goldman Sachs. Their fees differ too: 0.35% for ROCQ and 0.29% for GPIX.