| Assets | $1.41B |
| Expense Ratio | 0.29% |
| PE Ratio | 26.78 |
| Shares Out | 27.33M |
| Dividend (ttm) | $4.14 |
| Dividend Yield | 8.10% |
| Ex-Dividend Date | Aug 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 216.90% |
| Volume | 302,511 |
| Open | 51.29 |
| Previous Close | 51.33 |
| Day's Range | 51.01 - 51.32 |
| 52-Week Low | 40.01 |
| 52-Week High | 51.36 |
| Beta | n/a |
| Holdings | 508 |
| 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
37.98% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.78% |
| Microsoft Corporation | MSFT | 6.89% |
| Apple Inc. | AAPL | 6.34% |
| Amazon.com, Inc. | AMZN | 3.96% |
| Meta Platforms, Inc. | META | 2.93% |
| Broadcom Inc. | AVGO | 2.56% |
| Alphabet Inc. | GOOGL | 2.27% |
| Alphabet Inc. | GOOG | 1.84% |
| Tesla, Inc. | TSLA | 1.71% |
| Berkshire Hathaway Inc. | BRK.B | 1.69% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 1, 2025 | $0.3582 | Aug 7, 2025 |
| Jul 1, 2025 | $0.35162 | Jul 8, 2025 |
| Jun 2, 2025 | $0.3388 | Jun 6, 2025 |
| May 1, 2025 | $0.32286 | May 7, 2025 |
| Apr 1, 2025 | $0.32675 | Apr 7, 2025 |
| Mar 3, 2025 | $0.34439 | Mar 7, 2025 |
Performance
GPIX had a total return of 15.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 24.89%.
News
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,...
State Street Gives Sector Investors an Income Boost
The S&P 500 hit record highs multiple times in late July 2025. While investors seeking capital appreciation should be thrilled, those wanting income from their equity investments are likely a little d...
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...