Goldman Sachs Nasdaq 100 Core Premium Income ETF
GPIQ
Market cap $327M

49.56 USD

+0.38

0.77%

At close Dec 20, 4:00 PM EST

1 day

0.77%

5 days

-1.80%

1 month

1.83%

3 months

4.67%

6 months

3.12%

Year to date

14.62%

1 year

13.23%

5 years

28.19%

10 years

28.19%

0

Funds holding %

of 6,809 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,300% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 1

152% more capital invested

Capital invested by funds: $57.1M [Q2] → $144M (+$86.6M) [Q3]

150% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 6

35% more funds holding

Funds holding: 26 [Q2] → 35 (+9) [Q3]

6.12% more ownership

Funds ownership: 59.21% [Q2] → 65.33% (+6.12%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

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Research analyst outlook

We haven’t received any recent analyst ratings for GPIQ.

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Financial journalist opinion

GPIQ: Dynamic Options ETF With Monthly Distributions

Goldman Sachs Nasdaq-100 Core Premium Income ETF offers a 9% dividend yield with distributions paid out on a monthly basis. The fund's dynamic options strategy allows for capital appreciation while providing income, differentiating it from other high-yield funds with synthetic exposure. GPIQ's portfolio includes top tech companies like Apple, Microsoft, and NVIDIA, benefiting from potential AI-driven growth, despite capping upside in bull markets.

GPIQ: Dynamic Options ETF With Monthly Distributions

GPIQ: Nasdaq-100 Exposure With Yield

The Goldman Sachs Nasdaq-100 Core Premium Income ETF uses an options overlay to boost yield, targeting investors bullish on the Nasdaq-100. GPIQ's holdings are concentrated in Information Technology (49.64%), Communication Services (16.16%), and Consumer Discretionary (14.59%), focusing on growth-driven companies. Compared to other Nasdaq-100 ETFs, GPIQ's call options strategy provides steadier income, but may limit gains in strong markets.

GPIQ: Nasdaq-100 Exposure With Yield

Outperforming The Competition: A Look At GPIQ

GPIQ uses an options strategy to enhance yield by writing call options on the NASDAQ-100 Index. By writing covered calls on only a portion of its long positions, the fund retains upside potential on the remaining, uncovered positions. The fund offers a 10% distribution yield while maintaining upside potential in its underlying holdings.

Outperforming The Competition: A Look At GPIQ

GPIQ: Better At Capturing Nasdaq 100 Upside

I rate GPIQ as a Buy due to its stellar performance, on target to distribute a 10.5% yield with strong capital appreciation and total returns. GPIQ's strategy involves selling at-the-money call options on 25-75% of its NASDAQ 100 portfolio, adjusted monthly based on market conditions. Limited history and lack of information about options strategy specifics from the management team pose a risk. Performance so far, however, has been good.

GPIQ: Better At Capturing Nasdaq 100 Upside

GPIQ: So Far So Good In This New Fund

Goldman Sachs Nasdaq-100 Core Premium Income ETF is a top-performing covered call fund focused on the Nasdaq index.

GPIQ: So Far So Good In This New Fund

Is Goldman Sachs' GPIQ ETF a good Nasdaq 100 fund to buy?

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) has done well this year as technology stocks have surged to a record high. Its total return in 2024 stands at 14.57%, which is lower than Invesco QQQ (QQQ) 17.40% and JPMorgan's Nasdaq Equity Premium Income ETF (JEPQ), which has returned 15%.

Is Goldman Sachs' GPIQ ETF a good Nasdaq 100 fund to buy?

Chart of the Week: Advisors Considering Covered Call ETFs

Covered call ETFs and strategies remain in focus. The JPMorgan Equity Premium Income ETF (JEPI) gathered $13 billion in 2023, despite rising just 10% in value.

Chart of the Week: Advisors Considering Covered Call ETFs

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 portfolio holdings (25% to 75%), allowing them to participate in some market upside. The funds will use FLEX Options instead of ELNs for premiums, offering price stability and negotiation flexibility.

GPIQ And GPIX: Goldman Sachs' Response To JEPI And JEPQ

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