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 |
| Leveraged | 1x |
| 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 features an expense ratio of 0.29%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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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
Goldman Sachs S&P 500 Core Premium Income ETF had a return of 23.04% year-to-date (YTD) and 29.95% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 23.04% | 25.48% |
| 1 month | 2.48% | 2.14% |
| 6 months | 12.61% | 12.76% |
| 1 year | 29.95% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of GPIX, 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 | 1.57% | 4.14% | 2.65% | -3.66% | 4.57% | 2.39% | 1.24% | 2.41% | 1.91% | -0.47% | 23.04% | ||
| 2023 | 1.37% | 7.34% | 4.27% | 13.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GPIX is 89, placing it in the top 11% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
Dividends
Dividend History
Goldman Sachs S&P 500 Core Premium Income ETF provided a 7.84% dividend yield over the last twelve months, with an annual payout of $3.95 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $3.95 | $0.62 |
Dividend yield | 7.84% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.32 | $0.33 | $0.33 | $0.32 | $0.33 | $0.34 | $0.34 | $0.34 | $0.35 | $0.34 | $3.33 | |
| 2023 | $0.62 | $0.62 |
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 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 6.97%, occurring on Aug 5, 2024. Recovery took 12 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.97% | Jul 17, 2024 | 14 | Aug 5, 2024 | 12 | Aug 21, 2024 | 26 |
| -4.96% | Apr 1, 2024 | 15 | Apr 19, 2024 | 18 | May 15, 2024 | 33 |
| -3.78% | Sep 3, 2024 | 4 | Sep 6, 2024 | 7 | Sep 17, 2024 | 11 |
| -1.98% | Oct 21, 2024 | 9 | Oct 31, 2024 | 4 | Nov 6, 2024 | 13 |
| -1.53% | Dec 29, 2023 | 4 | Jan 4, 2024 | 4 | Jan 10, 2024 | 8 |
Volatility
Volatility Chart
The current Goldman Sachs S&P 500 Core Premium Income ETF volatility is 3.08%, 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.