Goldman Sachs S&P 500 Core Premium Income ETF (GPIX)
The Fund primarily invests in equity securities of companies within its benchmark index while employing a dynamic options strategy to generate income. It aims to provide monthly distributions at a stable rate and aims to capture the majority of the benchmark's returns and risks.
ETF Info
| CUSIP | 38149W622 |
|---|---|
| Issuer | Goldman Sachs |
| Inception Date | Oct 24, 2023 |
| Category | Dividend, Large Cap Growth Equities |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Home Page | www.gsam.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
GPIX has a high expense ratio of 0.29%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs S&P 500 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.44% | 5.21% |
| 1 month | -3.75% | -4.30% |
| 6 months | 15.72% | 18.42% |
| 1 year | N/A | 21.82% |
| 5 years (annualized) | N/A | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.57% | 4.14% | 2.65% | -3.66% | ||||||||
| 2023 | 1.37% | 7.34% | 4.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Goldman Sachs S&P 500 Core Premium Income ETF granted a 3.54% dividend yield in the last twelve months. The annual payout for that period amounted to $1.59 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $1.59 | $0.62 |
Dividend yield | 3.54% | 1.40% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs S&P 500 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.32 | $0.33 | $0.33 | ||||||||
| 2023 | $0.62 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs S&P 500 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 S&P 500 Core Premium Income ETF was 4.96%, occurring on Apr 19, 2024. The portfolio has not yet recovered.
The current Goldman Sachs S&P 500 Core Premium Income ETF drawdown is 3.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.96% | Apr 1, 2024 | 15 | Apr 19, 2024 | — | — | — |
| -1.53% | Dec 29, 2023 | 4 | Jan 4, 2024 | 4 | Jan 10, 2024 | 8 |
| -1.27% | Feb 12, 2024 | 2 | Feb 13, 2024 | 2 | Feb 15, 2024 | 4 |
| -1.22% | Jan 31, 2024 | 1 | Jan 31, 2024 | 2 | Feb 2, 2024 | 3 |
| -0.97% | Dec 20, 2023 | 1 | Dec 20, 2023 | 3 | Dec 26, 2023 | 4 |
Volatility
Volatility Chart
The current Goldman Sachs S&P 500 Core Premium Income ETF volatility is 3.79%, 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.