Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ)
This ETF aims to invest primarily in equity investments of companies included in the Nasdaq-100 Index, using call options to enhance income generation. The fund maintains a portfolio similar to its benchmark, seeking monthly distributions with performance closely aligned with the benchmark's returns and risks.
ETF Info
Oct 24, 2023
1x
No Index (Active)
Distributing
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Nasdaq-100 Core Premium Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Goldman Sachs Nasdaq-100 Core Premium Income ETF had a return of 21.71% year-to-date (YTD) and 26.45% in the last 12 months.
GPIQ
21.71%
2.15%
10.52%
26.45%
N/A
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of GPIQ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.96% | 4.39% | 1.55% | -3.82% | 5.43% | 4.40% | -1.50% | 1.59% | 2.51% | -0.41% | 21.71% | ||
| 2023 | 2.06% | 8.58% | 4.12% | 15.38% |
Expense Ratio
GPIQ features an expense ratio of 0.29%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GPIQ is 62, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Nasdaq-100 Core Premium Income ETF provided a 9.89% dividend yield over the last twelve months, with an annual payout of $4.83 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $4.83 | $0.76 |
Dividend yield | 9.89% | 1.74% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Nasdaq-100 Core Premium Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.39 | $0.40 | $0.41 | $0.39 | $0.41 | $0.42 | $0.41 | $0.41 | $0.42 | $0.41 | $4.07 | |
| 2023 | $0.76 | $0.76 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs Nasdaq-100 Core Premium Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Goldman Sachs Nasdaq-100 Core Premium Income ETF was 11.66%, occurring on Aug 7, 2024. Recovery took 46 trading sessions.
The current Goldman Sachs Nasdaq-100 Core Premium Income ETF drawdown is 1.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.66% | Jul 11, 2024 | 20 | Aug 7, 2024 | 46 | Oct 11, 2024 | 66 |
| -6.28% | Apr 12, 2024 | 6 | Apr 19, 2024 | 18 | May 15, 2024 | 24 |
| -3.09% | Dec 29, 2023 | 4 | Jan 4, 2024 | 9 | Jan 18, 2024 | 13 |
| -2.61% | Nov 12, 2024 | 4 | Nov 15, 2024 | — | — | — |
| -2.59% | Oct 30, 2024 | 2 | Oct 31, 2024 | 4 | Nov 6, 2024 | 6 |
Volatility
Volatility Chart
The current Goldman Sachs Nasdaq-100 Core Premium Income ETF volatility is 4.43%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.