Goldman Sachs S&P 500 Premium Income ETF (GPIX)
| Assets | $2.45B |
| Expense Ratio | 0.29% |
| PE Ratio | 28.03 |
| Shares Out | 46.66M |
| Dividend (ttm) | $4.23 |
| Dividend Yield | 8.05% |
| Ex-Dividend Date | Dec 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 225.78% |
| Volume | 619,225 |
| Open | 52.90 |
| Previous Close | 52.96 |
| Day's Range | 52.34 - 52.95 |
| 52-Week Low | 40.01 |
| 52-Week High | 53.50 |
| Beta | 0.86 |
| Holdings | 499 |
| Inception Date | Oct 24, 2023 |
About GPIX
Fund Home PageThe Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIX was launched on Oct 24, 2023 and is issued by Goldman Sachs.
Top 10 Holdings
40.41% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.56% |
| Apple Inc. | AAPL | 7.10% |
| Microsoft Corporation | MSFT | 6.14% |
| Vanguard Communication Services ETF | VOX | 4.11% |
| Amazon.com, Inc. | AMZN | 3.84% |
| Broadcom Inc. | AVGO | 3.28% |
| Alphabet, Inc. | GOOGL | 3.11% |
| Tesla, Inc. | TSLA | 2.15% |
| Berkshire Hathaway Inc. | BRK.B | 1.64% |
| JPMorgan Chase & Co. | JPM | 1.49% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 1, 2025 | $0.37414 | Dec 5, 2025 |
| Nov 3, 2025 | $0.37563 | Nov 7, 2025 |
| Oct 1, 2025 | $0.36904 | Oct 7, 2025 |
| Sep 2, 2025 | $0.36153 | Sep 8, 2025 |
| Aug 1, 2025 | $0.3582 | Aug 7, 2025 |
| Jul 1, 2025 | $0.35162 | Jul 8, 2025 |
Performance
GPIX had a total return of 12.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 24.38%.
News
GPIX Vs. JEPI: Why Goldman's ETF Is The Superior Income Choice
This article reveals the main reasons why GPIX is in my portfolio, not JEPI. I favor GPIX for its profitability, tax advantages, and growth participation, while noting JEPI's appeal for conservative c...
Northeast Financial's Alternative Way to Generate Income
Northeast Financial added 171,817 GPIX shares; position value rose by $9.25 million in Q3 At the end of Q3, the firm held 286,368 GPIX shares valued at $14.96 million Stake now comprises approximately...
Is Your Retirement Income Enough? How I Leveled Up Mine With Covered Call ETFs
Yield for traditional income sources have started to compress. For income-oriented investors, who seek to build a reliable passive income machine it causes a real headache. To hit a certain target inc...
Forget JEPI: Why GPIX Is The Best S&P 500 Income ETF Today.
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is superior to JPMorgan Equity Premium Income ETF (JEPI) in my view. I detail why this is. I also share the big risk inherent to GPIX and explain why I ...
Goldman Sachs Acquires Innovator Capital Management
December opened with a big shakeup in the ETF landscape, with Goldman Sachs announcing a major acquisition. The firm has concluded a deal to acquire Innovator Capital Management and its defined outcom...
The Dark Side Of High-Yield CEFs And Covered Call ETFs
High-yield CEFs and covered call ETFs lure in investors with juicy yields. However, there are several hidden dangers lurking beneath the surface of many of these funds. There is a better way to genera...
GPIX: A Good Balance Of Income And Risk During S&P 500 Volatility
Goldman Sachs S&P 500 Premium Income ETF is rated a 'Buy' for its dynamic option-writing strategy and strong risk-adjusted returns. GPIX offers an attractive 8%+ annual dividend yield, low fees (0.29%...
Wealth Firm Exits Goldman Sachs S&P 500 Income ETF — Here's What Long-Term Investors Should Know
A Texas wealth advisory sold 172,332 shares of GPIX for an estimated $8.6 million in the third quarter. The transaction value represented 1.1% of the fund's 13F reportable assets under management as o...
Yet Another GPIX Vs. SPYI Comparison: But Let's Be Fair To SPYI
Goldman Sachs S&P 500 Premium Income ETF earns a Strong Buy rating, while Neos S&P 500 High Income ETF is rated Buy. GPIX's dynamic covered call strategy offers greater upside capture and adaptability...
This Fund Bet $3.3 Billion on GPIX — Here's Why Income-Focused ETFs Are Gaining Momentum
Ellis Investment Partners added 64,462 shares of GPIX for an estimated $3.3 million during the third quarter. At the end of the quarter, the firm reported holding 107,147 GPIX shares worth $5.6 millio...
Income ETF GPIX Nears $2 Billion in AUM
Income ETF funds have become a big part of the ETF landscape in recent years, combining equity exposure and current income. More and more investors have looked to the category's combination of ETF tax...
My Income Portfolio - NAV Never Lies
For those who adopt a dividend strategy, having a “thermometer” with which to measure the real performance of our stocks is an immense advantage. This thermometer is NAV, a simple line on a graph that...
Sorry JEPI, GPIX Is My New Covered Call ETF Of Choice
JPMorgan Equity Premium Income ETF (JEPI) has underperformed expectations as growth stocks outpaced value, widening the gap this year. JEPI successfully avoided significant downside volatility, with a...
GPIX: SPY Cannot Provide Better Income
The Goldman Sachs S&P 500 Premium Income ETF (GPIX) offers an attractive 8% yield using a covered call strategy on S&P 500 exposure. However, it has a familiar problem - it underperforms the underlyin...
GPIX: You Can Have Your Cake And Eat It Too With This 8% Yield
The Goldman Sachs S&P 500 Premium Income ETF offers an 8% yield, with a unique partial call-overwrite strategy, balancing income and appreciation. GPIX's dynamic half-half overwrite approach allows fo...
GPIX Compared To SPYI: This Goldman Fund Is A Step Ahead
Goldman Sachs S&P 500 Premium Income ETF has outperformed Neos S&P 500 High Income ETF, due to its flexible options strategy. GPIX offers a strong balance of income and total returns, with an 8% incom...
GPIX: Goldman Sachs Created An Option Strategy ETF That Generates Appreciation And Yield
Goldman Sachs S&P 500 Premium Income ETF (GPIX) delivers high single-digit yields and capital appreciation via a dynamic covered call strategy on the S&P 500. GPIX has outperformed many covered call p...
Retirees: 2 Covered Call ETFs For Income And Peace Of Mind
Covered call ETFs like GPIQ and GPIX offer retirees attractive income streams, especially when held in tax-advantaged accounts such as Roth IRAs. GPIQ provides Nasdaq-100 exposure with active manageme...
GPIX: Recent Performance Highlights Why This ETF's Option Strategy Is Superior
I reiterate my strong buy rating for GPIX, given its exceptional balance of income and total returns, even in volatile markets. GPIX's unique options strategy and selective call writing enable it to o...
Covered Call ETFs SPYI & GPIX Upside + Downside
Analyst Jack Bowman dives into SPYI and GPIX, innovative covered call ETFs offering high yields (8-12%) by actively managing call strategies to capture more upside than traditional funds. ETF structur...
JEPI Vs. GPIX: NAV Erosion Risk And Tax-Efficiency Comparison
GPIX's dynamic overwrite approach captures more S&P 500 upside, minimizes NAV erosion risk, and delivers robust total returns, versus JEPI. JEPI offers downside protection, with a defensive portfolio,...
GPIX: A Tax-Efficient Way To Keep Your Retirement Linked To The S&P 500
GPIX offers retirees high, tax-efficient monthly income and S&P 500 exposure, making it ideal for low-risk, income-focused portfolios. The fund's dynamic option-writing strategy generates an 8.2% yiel...
Covered Call ETFs Are More Appealing
Dividend growth ETFs like SCHD offer reliable, growing income, but tend to underperform indexes, due to low technology exposure. Covered call ETFs, such as GPIQ, provide higher yields by writing optio...
SPYI VS. GPIX: Declaring The New King Of S&P 500 Income ETFs (Rating Upgrade)
I revisit SPYI and GPIX ETFs after a rapid bear cycle to assess their performance and differences. Both funds experienced the market downturn and subsequent recovery, providing a real-world test of th...
GPIX: A Smarter Covered Call Play On The S&P 500
Goldman Sachs S&P 500 Premium Income ETF offers a dynamic covered call strategy (25-75% notional), aiming for higher growth and yield than SPYI, with manageable volatility. Recent performance shows GP...
GPIX Is Best For Dividend, But There Will Be Better Times To Buy
Goldman Sachs S&P 500 Core Premium Income ETF combines S&P 500 exposure with dynamic covered calls, offering regular income and partial downside protection, but lags in capital appreciation during bul...
Retire with dividends: best covered call ETFs for income investors
Income-focused investors have numerous options to generate strong returns today, with government bonds paying over 4.3%. One of the most popular approaches is known as covered call ETFs, which pay sub...
GPIX: The Fund's Discretion Is Paying Off In A Volatile Market
I am upgrading GPIX to a strong buy due to its resilience and flexibility during recent market volatility and sell-offs. GPIX's unique, discretionary options strategy allows it to adapt to changing ma...
When To Move Into GPIX? Maybe Better Today Than Before
GPIX is a balanced fund with a competitive 0.29% expense ratio, stable NAV, and an 8.5% distribution rate, making it attractive. The fund employs a hybrid management approach with monthly OTM call wri...
XDTE And GPIX: One Strategy Has Proven To Be Better
XDTE offers high weekly distributions but struggles with price stability, risking NAV depletion due to payouts exceeding earnings, especially during market downturns. GPIX holds underlying equities, p...
GPIX: A Well-Constructed Options Fund With A Good Risk Profile
I'm initiating coverage of Goldman Sachs S&P 500 Core Premium Income ETF with a buy rating due to its effective and flexible options strategy. GPIX offers consistent income and solid total returns, wi...
ETF Edge: Funds to hedge for volatility and risks to consider with nontraditional ETFs
Bryon Lake, Goldman Sachs Asset Management chief transformation officer, and Mike Akins, ETF Action, sit down with CNBC's Bob Pisani on 'ETF Edge' to discuss the firm's newest ETFs that protect agains...
When 9-13% Yields Offer Further Upside, You Simply Have To Buy
The current market volatility, driven by tariffs, geopolitical changes, and a weaker dollar, has created new investment opportunities for patient, long-term investors. Major indices like the Nasdaq 10...
The Two Option ETFs That I'd Buy And Hold Forever
Achieving alpha can be done with less risk by focusing on these two dividend-paying option ETFs. These index-linked ETFs avoid speculation. JEPQ and GPIX are recommended as core positions due to their...
JEPI Doing Exactly What I Expected, Will Likely Beat GPIX
JEPI's conservative construction, with lower mega-cap tech exposure, makes it better suited for the current volatile market, outperforming the S&P 500 recently. GPIX's heavy tech allocation led to pas...
GPIX Vs. SPYI: How To Choose The Right Fund For You
GPIX and SPYI are S&P 500 covered call funds with target distribution rates, offering stable income but differing in strategy and risk. GPIX targets 8.5% distribution with notional value adjustment st...
SPYI Vs. GPIX, The Differences Are Subtle, But Important
SPYI and GPIX both use covered call strategies, but GPIX has outperformed SPYI in a bull market due to its more aggressive options selling. SPYI's higher dividend rate comes from selling more at-the-m...
GPIX: Income Play On The S&P 500 That Can Outperform
Goldman Sachs S&P 500 Core Premium Income ETF offers a high 8% dividend yield, supported by a dynamic options strategy and diversified holdings in the S&P 500. The ETF's structure allows for capital a...
GPIX: A Superior S&P 500 Income Play
GPIX enhances yield by selling call options on S&P 500 positions, offering a 7.90% annualized distribution yield. The fund selectively writes covered calls, allowing for potential upside on the uncove...
Market Returns Should Be Lower Going Forward - Look To Premium Income ETFs
The Nasdaq 100's trailing ten year returns are unlikely to be repeated in the next ten years. Covered Call ETFs offer a strategy to generate better total returns in a more muted return environment. Mi...
GPIX: Capturing More Upside Than Other Monthly S&P 500 Buy-Write Funds
GPIX outperforms other monthly S&P 500 covered call funds by up to 4%, maintaining an 8.5% distribution rate with superior total returns. The fund sells ATM-covered calls on 25%-75% of its portfolio, ...
GPIX: Goldman Covered Call Fund Beating JEPI This Year
GPIX is a dynamic covered call ETF launched in 2023 as an alternative to JEPI, offering high dividend yields from equity markets. GPIX outperformed JEPI in 2024 with a dynamic overwrite strategy, util...
GPIX ETF: How is Goldman Sachs' JEPI alternative fairing?
The Goldman Sachs S&P 500 Core Premium Income (GPIX) ETF is doing well in 2023 as it beats the popular JPMorgan Equity Premium ETF (JEPI). Its total return this year stands at 12% compared to JEPI's 6...
GPIX: S&P 500 With Added Yield Late In The Cycle
Goldman Sachs has launched the Goldman Sachs S&P 500 Core Premium Income ETF to meet the demand for income-generating funds using options strategies.