GPIX
Goldman Sachs S&P 500 Core Premium Income ETF
GPIX is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth
US
EQUITY
Active
MANAGEMENT STYLE
177.3 M
ASSETS UNDER MGMT
29 bp
EXPENSES
Fund Basics
| Fund sponsor | |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 26, 2023 |
| Assets (mns) | $195 |
| Expense ratio | 29 bp |
Fund Structure
| Regulation | |
| Distributions | |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 0.1% | 7.4% | -- | -- | -- | -- | -- | 18.9% |
| Dividend Yield | -5.9% | -3.9% | -- | -- | -- | -- | -- | -10.0% |
| Total Returns | -5.8% | 3.4% | -- | -- | -- | -- | -- | 9.0% | Ann. Volatility | 11.6% | 11.3% | -- | -- | -- | -- | -- | 10.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.87 | 97% |
| MSCI EAFE | 0.44 | 25% |
| MSCI Emg Mkts | 0.36 | 9% |
Liquidity Measures
| Avg. volume (000) | 310 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 14.18% |
| ADV of underlying (mns) | $0 |
Technical Indicators
| Recent close | $45.62 |
| 30d moving avg. | $45.70 |
| Annualized volatility | 10.9% |
| Relative strength (RSI) | 41 |
| Short interest (ETF) | 0.4% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| GPIX (29 bp) Percentile rank | 16 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| GPIX | 29.0 | 1,417.5 | 1446.5 |
| Peer Avg. | 49.0 | 20.2 | 69.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .