Goldman Sachs S&P 500 Premium Income ETF (GPIX)
| Assets | $3.18B |
| Expense Ratio | 0.29% |
| PE Ratio | 26.62 |
| Shares Out | 63.35M |
| Dividend (ttm) | $4.30 |
| Dividend Yield | 8.52% |
| Ex-Dividend Date | Mar 2, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | 226.85% |
| Volume | 567,135 |
| Open | 50.68 |
| Previous Close | 50.22 |
| Day's Range | 50.31 - 50.74 |
| 52-Week Low | 40.01 |
| 52-Week High | 53.55 |
| Beta | 0.85 |
| Holdings | 497 |
| 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
37.54% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.70% |
| Apple Inc. | AAPL | 6.67% |
| Microsoft Corporation | MSFT | 4.96% |
| Amazon.com, Inc. | AMZN | 3.76% |
| Vanguard Communication Services ETF | VOX | 3.72% |
| Alphabet Inc. | GOOGL | 2.97% |
| Broadcom Inc. | AVGO | 2.65% |
| Tesla, Inc. | TSLA | 1.81% |
| Alphabet Inc. | GOOG | 1.67% |
| Berkshire Hathaway Inc. | BRK.B | 1.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 2, 2026 | $0.3718 | Mar 6, 2026 |
| Feb 2, 2026 | $0.37627 | Feb 6, 2026 |
| Jan 2, 2026 | $0.37549 | Jan 8, 2026 |
| Dec 1, 2025 | $0.37414 | Dec 5, 2025 |
| Nov 3, 2025 | $0.37563 | Nov 7, 2025 |
| Oct 1, 2025 | $0.36904 | Oct 7, 2025 |
Performance
GPIX had a total return of 14.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.34%.
News
From Strong Buy To Buy: GPIX's Edge Fades
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These Income ETFs Have Seen 6x AUM Growth in 1 Year
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GPIX Vs. ISPY: Why Goldman's Dynamic Strategy Beats 0DTE On Total Return
In this article, you will find the answer to the question: can ISPY be considered a worthy replacement for GPIX? A comparative analysis of these ETFs reveals the advantages of Goldman Sachs' strategy,...
Income ETF GPIX on Track for Key Milestone in 2026
Income ETF strategies have been on the rise in recent years as investors and advisors look for streamlined, building block options to add current income. The space has grown increasingly competitive, ...
Leading Income ETF GPIX Crosses $3 Billion in AUM
Income ETF strategies have become a very popular part of the overall ETF ecosystem. The ETFs help add that current income for a degree of portfolio durability or to pay for different phases of life.
GPIX: Recent Economic Data Shows Why This Fund Should Have Another Special Year
Goldman Sachs S&P 500 Premium Income ETF earns a reiterated strong buy rating for its robust income and total return profile. GPIX delivers a trailing yield near 8.2%, consistent payouts, and has outp...
Covered Call ETFs Look Perfect Until You Notice This Potential Fatal Flaw
The income looks irresistible, but the math tells a different story. A hidden risk could quietly erode long-term wealth. Why retirees may be better off skipping - or at the very least strictly limitin...
High-Yield Wreck Your Retirement? Here Is Your Path To Recovery
The yield that looks safe today may be your biggest long-term risk. Dividend cuts can be more damaging than market pullbacks. A better income strategy most retirees overlook.
My Ultimate Strategy For High Income And Market-Beating Returns
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My Income Portfolio - A Random Walk
My income portfolio prioritizes resilient, high-dividend securities with long-term positive NAV trends rather than trading based on unpredictable short-term price movements. Therefore, I focus on fund...
Market Turbulence Ahead? These Income ETFs Can Help
Will 2026 see more than average market turbulence? One month in, and there is a case to make.
Why Letter 'L' Is The Biggest Risk For Covered Call ETF Income
Covered call ETFs play an increasingly more important role for income investors and their cash flows. These products come with several risks, but most of them should be acceptable for those who seek s...
GPIX: A Covered Call ETF That Lets Investors Cash In on Tech's Magnificent 7
If you have been following the tech market lately, you have probably noticed that the Magnificent 7, the top companies in the U.S. technology sector, are commanding attention like never before. But wh...
GPIX: A Strong Covered Call ETF Option For 2026
The Goldman Sachs S&P 500 Premium Income ETF offers high income and upside via a covered call strategy focused on Magnificent 7 tech stocks. GPIX has outperformed SPYI by 10.25 PP since inception, de...
Why GPIX Stands Out For Its Capture Ratios Among Similar ETFs
GPIX varies its covered call portfolio coverage (overwrite) levels dynamically depending on market conditions such as the S&P 500's volatility. This allows GPIX to capture a lot of the S&P 500's upsid...
If I Were Starting A Dividend Portfolio In 2026, Here's How I Would Invest
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How A $600,000 Portfolio Can Produce $5,000 In Monthly Dividends
A $600,000 portfolio split equally among GPIX, GPIQ, SPYI, and QQQI can generate ~$5,387 in monthly income with ~10.7% yield. Covered call ETFs provide direct equity exposure to S&P 500 and Nasdaq-100...
GPIX: Defensive Monthly Income To A Choppy S&P 500
Goldman Sachs S&P 500 Premium Income ETF remains a buy for investors seeking high monthly income with equity exposure. GPIX's dynamic option writing strategy provides tax-efficient 8% yield and resili...
My Income Portfolio's Year-End Review
The rebound that began in April on stock markets around the world is leading to a positive double-digit year-end close for Wall Street. This increase has been partially reflected in my portfolio, whic...
The Blueprint To Navigate Option ETFs Through 2026
I expect S&P 500 and tech-driven indexes to trend higher into 2026, though volatility will persist due to elevated valuations. Index-linked option ETFs with OTM strategies and sustainable yields offer...
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...
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 ...
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%...
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...
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,...