SPYI vs GPIQ: Holdings Overlap
SPYINEOS S&P 500(R) High Income ETF
NEOS · 505 holdings · $11.3B · as of 2026-03-31
GPIQGoldman Sachs Nasdaq-100 Premium Income ETF
Goldman Sachs · 101 holdings · $5.4B · as of 2026-03-31
How similar are SPYI and GPIQ?
NEOS S&P 500(R) High Income ETF (SPYI, by NEOS) holds 505 positions; Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ, by Goldman Sachs) holds 101. They have 87 holdings in common, and by portfolio weight the two funds are 50.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 50.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 87SPYI holds 505 · GPIQ holds 101
- Weight in Shared Holdings
- SPYI 51%·GPIQ 95%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in SPYI
418 of 505 positions (48.9% of the fund) are not held by GPIQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPYI | GPIQ |
|---|---|---|
| Information Technology | 32.6% | 49.5% |
| Communication Services | 10.5% | 15.9% |
| Consumer Discretionary | 9.8% | 12.6% |
| Financials | 12.6% | 0.2% |
| Health Care | 9.4% | 5.1% |
| Other Sectors | 24.6% | 16.2% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SPYI | +2.7% | +10.7% | +19.9% | +16.1% | — | — | 11.65% |
| GPIQ | +1.5% | +16.2% | +26.4% | — | — | — | 9.88% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in SPYI vs GPIQ →
Shared Holdings(87)
The top 10 shared positions account for 71% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.59% | 8.66% | 7.59% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.74% | 7.60% | 6.74% |
 MSFTMicrosoft Corp. COM | 4.94% | 5.56% | 4.94% |
 AMZNAmazon.com, Inc. COM | 3.65% | 4.64% | 3.65% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.00% | 3.39% | 3.00% |
 AVGOBroadcom Inc COM | 2.61% | 2.98% | 2.61% |
 GOOGAlphabet Inc. CAP STK CL C | 2.39% | 3.13% | 2.39% |
 METAMeta Platforms Inc CL A | 2.24% | 3.49% | 2.24% |
 TSLATesla Inc COM | 1.87% | 3.86% | 1.87% |
 WMTWalmart Inc COM | 0.98% | 3.48% | 0.98% |
 COSTCostco Wholesale Corporation COM | 0.78% | 2.46% | 0.78% |
 NFLXNetflix, Inc. COM | 0.73% | 2.24% | 0.73% |
 MUMicron Technology Inc. COM | 0.68% | 2.11% | 0.68% |
 PLTRPalantir Technologies Inc CL A | 0.59% | 1.85% | 0.59% |
 AMDAdvanced Micro Devices Inc. COM | 0.59% | 1.87% | 0.59% |
 CSCOCisco Systems, Inc. COM | 0.55% | 1.71% | 0.55% |
 AMATApplied Materials Inc. COM | 0.48% | 1.52% | 0.48% |
 LRCXLam Research Corporation COM NEW | 0.47% | 1.50% | 0.47% |
 LINLinde PLC COM EUR0.001 | 0.41% | 1.33% | 0.41% |
 PEPPepsico Inc COM | 0.37% | 1.17% | 0.37% |
 INTCIntel Corporation COM | 0.35% | 1.23% | 0.35% |
 KLACKLA Corp. COM NEW | 0.34% | 1.08% | 0.34% |
 AMGNAmgen Inc. COM | 0.34% | 1.09% | 0.34% |
 TXNTexas Instruments Inc. COM | 0.31% | 0.98% | 0.31% |
 GILDGilead Sciences Inc. COM | 0.30% | 0.99% | 0.30% |
Frequently Asked Questions
How much do SPYI and GPIQ overlap?
SPYI and GPIQ overlap by 50.6% of portfolio weight. They share 87 holdings (SPYI holds 505 positions and GPIQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPYI and GPIQ?
The two portfolios are 50.6% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of SPYI and GPIQ?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 71% of the total overlap.
What does SPYI own that GPIQ doesn't?
418 positions (48.9% of SPYI) are unique to SPYI, led by BRK-B, JPM and LLY. In the other direction, 14 positions (4.4% of GPIQ) are unique to GPIQ.