Key stats
About Goldman Sachs S&P 500 Premium Income ETF
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Inception date
Oct 26, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Goldman Sachs Asset Management LP
Distributor
ALPS Distributors, Inc.
ISIN
US38149W6223
GPIX aims for consistent income and capital growth. It invests in the equity of companies included in its benchmark index, the S&P 500 which is composed of US large-cap stocks. The fund tries to maintain style, capitalization, and industry characteristics like its benchmark and mirrors the weighting of its components as far as practicable. GPIX mainly employs an options overlay strategy to generate income by selling call options on 25% - 75% of the portfolios equity investments. The fund may also use FLEX options or similar entities for added flexibility. Outside of its primary investment strategy, GPIX foresees additional income from firms that distribute dividends. In certain market conditions, a writing strategy for call options is anticipated to perform better compared to a portfolio without it. However, in a market with strong upward trends, the strategy can underperform. Notably, GPIX participates in frequent and active trading that may result in high portfolio turnover. Prior to April 30, 2025 the fund name was Goldman Sachs S&P 500 Core Premium Income ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.62%
Electronic Technology23.71%
Technology Services21.11%
Finance14.71%
Retail Trade8.01%
Health Technology7.30%
Consumer Non-Durables3.48%
Producer Manufacturing3.17%
Consumer Services2.81%
Utilities2.38%
Consumer Durables2.32%
Energy Minerals2.28%
Transportation1.46%
Process Industries1.41%
Commercial Services1.11%
Health Services0.96%
Communications0.94%
Industrial Services0.91%
Distribution Services0.61%
Non-Energy Minerals0.51%
Miscellaneous0.03%
Bonds, Cash & Other0.38%
Mutual fund0.79%
Rights & Warrants−0.41%
Stock breakdown by region
North America97.63%
Europe2.37%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GPIX invests in stocks. The fund's major sectors are Electronic Technology, with 23.81% stocks, and Technology Services, with 21.19% of the basket. The assets are mostly located in the North America region.
GPIX top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 7.40% and 6.68% of the portfolio correspondingly.
GPIX last dividends amounted to 0.36 USD. The month before, the issuer paid 0.36 USD in dividends, which shows a 0.92% increase.
GPIX assets under management is 1.47 B USD. It's risen 18.01% over the last month.
GPIX fund flows account for 1.19 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GPIX pays dividends to its holders with the dividend yield of 8.16%. The last dividend (Sep 8, 2025) amounted to 0.36 USD. The dividends are paid monthly.
GPIX shares are issued by The Goldman Sachs Group, Inc. under the brand Goldman Sachs. The ETF was launched on Oct 26, 2023, and its management style is Active.
GPIX expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
GPIX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GPIX invests in stocks.
GPIX price has risen by 1.96% over the last month, and its yearly performance shows a 7.33% increase. See more dynamics on GPIX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.86% over the last month, showed a 7.45% increase in three-month performance and has increased by 17.60% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.86% over the last month, showed a 7.45% increase in three-month performance and has increased by 17.60% in a year.
GPIX trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.