Key stats
About Goldman Sachs Nasdaq-100 Premium Income ETF
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Inception date
Oct 24, 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
US38149W6306
GPIQ aims for consistent income and capital growth. It invests in the equity of companies included in its benchmark index, the Nasdaq-100, 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. GPIQ 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, GPIQ 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, GPIQ participates in frequent and active trading that may result in high portfolio turnover. Prior to April 30, 2025 the fund name was Goldman Sachs Nasdaq-100 Core Premium Income ETF.
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Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GPIQ assets under management is 1.49 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GPIQ invests in stocks. See more details in our Analysis section.
GPIQ expense ratio is 0.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GPIQ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, GPIQ pays dividends to its holders with the dividend yield of 9.84%.
GPIQ shares are issued by The Goldman Sachs Group, Inc.
GPIQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 24, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.