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GPIX
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Goldman Sachs S&P 500 Core Premium Income ETF (GPIX)

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$51
Last Close (24-hour delay)
Profit since last BUY9.32%
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BUY since 66 days
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Upturn Advisory Summary

08/14/2025: GPIX (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF
Historic Profit 16.12%
Avg. Invested days 56
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta -
52 Weeks Range 39.45 - 49.73
Updated Date 06/30/2025
52 Weeks Range 39.45 - 49.73
Updated Date 06/30/2025

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Goldman Sachs S&P 500 Core Premium Income ETF

stock logo

ETF Overview

overview logo Overview

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) seeks to provide current income while maintaining opportunity for exposure to the S&P 500. It uses a strategy of investing in S&P 500 stocks and writing covered call options to generate income.

reliability logo Reputation and Reliability

Goldman Sachs is a well-established financial institution with a long history in asset management and a strong reputation.

reliability logo Management Expertise

The management team at Goldman Sachs Asset Management possesses significant experience in equity investing and options strategies.

Investment Objective

overview logo Goal

To provide current income while maintaining the opportunity for capital appreciation by investing in stocks of the S&P 500 Index and writing covered call options.

Investment Approach and Strategy

Strategy: GPIX invests in the stocks of the S&P 500 Index and utilizes a covered call strategy, selling call options on the index to generate income.

Composition The ETF holds a portfolio of stocks mirroring the S&P 500, with the income strategy overlaid through options.

Market Position

Market Share: Data not readily available to compute precise market share for this specific ETF in its narrowly defined strategy group.

Total Net Assets (AUM): 363000000

Competitors

overview logo Key Competitors

  • JPMorgan Equity Premium Income ETF (JEPI)
  • NEOS S&P 500 High Income ETF (SPYI)
  • Global X S&P 500 Covered Call ETF (XYLD)

Competitive Landscape

The competitive landscape is centered around covered call strategies on the S&P 500. GPIX benefits from Goldman Sachs's brand and expertise, but faces stiff competition from larger ETFs like JEPI, which has a larger asset base and higher liquidity. SPYI, focused on high income, provides a different approach. The main advantage for GPIX rests on its unique implementation of the covered call strategy and lower expense ratio. The disadvantage might stem from lower trading volumes compared to JEPI and XYLD.

Financial Performance

Historical Performance: Data on long-term historical performance is limited due to the ETF's relatively young age. Review specific performance metrics from the fund's factsheet.

Benchmark Comparison: The ETF's performance should be compared against the S&P 500 Index and other covered call ETFs to assess its effectiveness in generating income and tracking the index.

Expense Ratio: 0.29

Liquidity

Average Trading Volume

The average trading volume of GPIX can be found on major financial websites to determine its liquidity.

Bid-Ask Spread

The bid-ask spread of GPIX can be found on major financial websites to understand the cost of trading.

Market Dynamics

Market Environment Factors

Economic indicators, interest rate environment, volatility in the stock market, and investor sentiment towards income-generating assets all impact GPIX's performance.

Growth Trajectory

GPIX's growth depends on its ability to attract investors seeking income in a low-yield environment. Future growth will depend on adoption by investors.

Moat and Competitive Advantages

Competitive Edge

GPIX leverages Goldman Sachs's extensive research capabilities and brand recognition. Its covered call strategy aims to generate higher income than the S&P 500 while providing some downside protection. The ETF's relatively low expense ratio enhances its appeal. Its active management seeks to optimize the covered call strategy, potentially outperforming passively managed covered call ETFs. The ETF's approach to covered call writing sets it apart.

Risk Analysis

Volatility

GPIX's volatility will be influenced by the volatility of the S&P 500 and the covered call strategy's ability to mitigate downside risk.

Market Risk

Market risk includes the potential for losses due to declines in the S&P 500. The covered call strategy can limit upside potential and may not fully protect against significant market downturns.

Investor Profile

Ideal Investor Profile

GPIX is suitable for investors seeking current income from their investment portfolio. It is also appropriate for those looking for a blend of income and exposure to the S&P 500.

Market Risk

GPIX is more appropriate for long-term investors and those comfortable with options strategies, but less suitable for active traders seeking rapid capital appreciation.

Summary

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) offers exposure to the S&P 500 with an income-generating covered call overlay. GPIX is managed by a reputable firm, Goldman Sachs, and seeks to generate current income. While historical performance is limited, the fund presents a potential investment option for income-seeking investors who are comfortable with options strategies. Investors should consider the risks associated with covered call strategies before investing.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Goldman Sachs Asset Management Website
  • ETF.com
  • Morningstar
  • Bloomberg

Disclaimers:

The data and analysis provided are for informational purposes only and do not constitute investment advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Market share data can vary between providers and is estimated.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Goldman Sachs S&P 500 Core Premium Income ETF

Exchange NASDAQ
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in equity investments in companies that are included in the fund"s benchmark. The fund will generally seek to maintain style, capitalization and industry characteristics similar to its benchmark.