S&P 500 Core Premium Income ETF (GPIX)
| Assets | $542.83M |
| Expense Ratio | 0.29% |
| PE Ratio | 25.50 |
| Shares Out | 11.38M |
| Dividend (ttm) | $4.10 |
| Dividend Yield | 8.67% |
| Ex-Dividend Date | Mar 3, 2025 |
| Payout Ratio | 218.17% |
| 1-Year Return | +1.30% |
| Volume | 62,545 |
| Open | 47.90 |
| Previous Close | 47.83 |
| Day's Range | 47.23 - 47.86 |
| 52-Week Low | 44.06 |
| 52-Week High | 50.84 |
| Beta | n/a |
| Holdings | 508 |
| Inception Date | Oct 24, 2023 |
About GPIX
Fund Home PageThe S&P 500 Core 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
34.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.84% |
| Microsoft Corporation | MSFT | 6.03% |
| NVIDIA Corporation | NVDA | 5.99% |
| Amazon.com, Inc. | AMZN | 3.81% |
| Meta Platforms, Inc. | META | 2.69% |
| Berkshire Hathaway Inc. | BRK.B | 1.99% |
| Alphabet Inc. | GOOGL | 1.99% |
| Broadcom Inc. | AVGO | 1.86% |
| Alphabet Inc. | GOOG | 1.64% |
| Tesla, Inc. | TSLA | 1.44% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 3, 2025 | $0.34439 | Mar 7, 2025 |
| Feb 3, 2025 | $0.3575 | Feb 7, 2025 |
| Jan 3, 2025 | $0.34964 | Jan 10, 2025 |
| Dec 3, 2024 | $0.35807 | Dec 9, 2024 |
| Nov 4, 2024 | $0.34272 | Nov 8, 2024 |
| Oct 2, 2024 | $0.34723 | Oct 8, 2024 |
News
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.
Experts say retirement-age investors should consider active ETF strategies. Here's why
ETF experts suggest there's an income-generating opportunity for retirees in funds under active management.
GPIQ And GPIX: Goldman Sachs' Response To JEPI And JEPQ
Goldman Sachs has launched two covered call funds, GPIX and GPIQ, as direct competition to JPMorgan's highly popular funds JEPI and JEPQ. These funds write covered calls partially against their portfo...
Goldman Sachs Asset Management launches new defined outcome ETFs
Goldman Sachs Asset Management (GSAM) has launched a pair of defined outcome exchange-traded funds (ETFs), a group of products that use options strategies to offer upside exposure to stocks while cush...