Goldman Sachs S&P 500 Premium Income ETF (GPIX)
| Assets | $1.85B |
| Expense Ratio | 0.29% |
| PE Ratio | 27.64 |
| Shares Out | 35.53M |
| Dividend (ttm) | $4.18 |
| Dividend Yield | 8.19% |
| Ex-Dividend Date | Oct 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 226.29% |
| Volume | 621,803 |
| Open | 52.28 |
| Previous Close | 52.20 |
| Day's Range | 51.04 - 52.37 |
| 52-Week Low | 40.01 |
| 52-Week High | 52.37 |
| Beta | 0.86 |
| Holdings | 509 |
| 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
38.65% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.01% |
| Microsoft Corporation | MSFT | 6.81% |
| Apple Inc. | AAPL | 6.52% |
| Amazon.com, Inc. | AMZN | 3.77% |
| Meta Platforms, Inc. | META | 2.77% |
| Broadcom Inc. | AVGO | 2.74% |
| Alphabet Inc. | GOOGL | 2.47% |
| Tesla, Inc. | TSLA | 2.08% |
| Alphabet Inc. | GOOG | 1.86% |
| Berkshire Hathaway Inc. | BRK.B | 1.62% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jun 2, 2025 | $0.3388 | Jun 6, 2025 |
| May 1, 2025 | $0.32286 | May 7, 2025 |
Performance
GPIX had a total return of 13.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 24.10%.
News
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...
As Interest Rates Fall, These Equity Income ETFs Can Step Up
Interest rates have fallen once already this fall, and could be set to fall yet more in the months ahead. Should the Fed tame inflation, those cuts could, then, see a shift in investor portfolios' fix...
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...
Look to Active Income ETF GPIX to Bolster Portfolios
Could now be the time to add an active income ETF? Uncertainty abounds in 2025, and though the initial wave of tariff and geopolitical risk has receded, those risks still loom over many portfolios.
These Income ETFs Are Up $1 Billion YTD – Here's How
2025 is just about three-quarters of the way done, giving market watchers an opportunity to take stock of the big data points that have defined the year. In income ETFs, for example, two particular fu...
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...