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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.

Goldman Sachs S&P 500 Core Premium Income ETF offers a high 8% dividend yield, supported by a dynamic options strategy and diversified holdings in the S&P 500. The ETF's structure allows for capital appreciation while maintaining exposure to large-cap equities, reducing the risk of NAV decay. GPIX's dynamic options strategy adjusts to market conditions, potentially outperforming during sideways or downward markets by collecting higher option premiums.

GPIX: Income Play On The S&P 500 That Can Outperform

GPIX enhances yield by selling call options on S&P 500 positions, offering a 7.90% annualized distribution yield. The fund selectively writes covered calls, allowing for potential upside on the uncovered portion of the portfolio. While generating an 8% distribution yield, the fund retains significant exposure to the underlying stocks, allowing for potential capital appreciation.

GPIX: A Superior S&P 500 Income Play

JPMorgan Nasdaq Equity Premium Income ETF

Invesco S&P 500 Equal Weight Income Advantage ETF

The Nasdaq 100's trailing ten year returns are unlikely to be repeated in the next ten years. Covered Call ETFs offer a strategy to generate better total returns in a more muted return environment. Middle caps stocks are not vulnerable to regulatory and tax risk that mega cap stocks are, have lower valuations, and could outperform.

Market Returns Should Be Lower Going Forward - Look To Premium Income ETFs

GPIX outperforms other monthly S&P 500 covered call funds by up to 4%, maintaining an 8.5% distribution rate with superior total returns. The fund sells ATM-covered calls on 25%-75% of its portfolio, using SPY FLEX options for more stable performance and easier management. GPIX's strategy of adjusting notional values rather than moneyness captures more capital appreciation while maintaining a high yield.

GPIX: Capturing More Upside Than Other Monthly S&P 500 Buy-Write Funds

GPIX is a dynamic covered call ETF launched in 2023 as an alternative to JEPI, offering high dividend yields from equity markets. GPIX outperformed JEPI in 2024 with a dynamic overwrite strategy, utilizing FLEX options for better pricing and performance. The fund's 7.5% current yield is dependent on S&P 500 performance, with risk factors including NAV fluctuations in a down market.

GPIX: Goldman Covered Call Fund Beating JEPI This Year

The Goldman Sachs S&P 500 Core Premium Income (GPIX) ETF is doing well in 2023 as it beats the popular JPMorgan Equity Premium ETF (JEPI). Its total return this year stands at 12% compared to JEPI's 6.24%.

GPIX ETF: How is Goldman Sachs' JEPI alternative fairing?

GraniteShares Gold Shares

SPDR Gold Trust

Neos S&P 500 High Income ETF

Last week, VettaFi hosted an Alternatives Symposium. For two-and-a-half hours, more than 400 attendees listened as Lara Crigger and I spoke to experts on a range of topics.

Advisors Want to Learn More About Covered Calls

Goldman Sachs has launched the Goldman Sachs S&P 500 Core Premium Income ETF to meet the demand for income-generating funds using options strategies.

GPIX: S&P 500 With Added Yield Late In The Cycle

ProShares Nasdaq-100 High Income ETF

JPMorgan Equity Premium Income ETF

Parametric Equity Premium Income ETF

Invesco Nasdaq 100 ETF

SPDR S&P 500 ETF Trust

Global X S&P 500 Covered Call ETF

Covered call ETFs remain in focus to advisors, and as such, to asset managers. Indeed, Fidelity recently joined the growing group of well-established asset managers that offer enhanced income ETFs.

Why Covered Calls Can Make a Good Alternative

Goldman Sachs Nasdaq-100 Core Premium Income ETF

ETF experts suggest there's an income-generating opportunity for retirees in funds under active management.

Experts say retirement-age investors should consider active ETF strategies. Here's why

Goldman Sachs has launched two covered call funds, GPIX and GPIQ, as direct competition to JPMorgan's highly popular funds JEPI and JEPQ. These funds write covered calls partially against their portfolio holdings (25% to 75%), allowing them to participate in some market upside. The funds will use FLEX Options instead of ELNs for premiums, offering price stability and negotiation flexibility.

GPIQ And GPIX: Goldman Sachs' Response To JEPI And JEPQ

Amplify CWP Dividend & Option Income ETF

Alternative income ETF strategies are hot, and many asset managers are bringing their expertise to meet advisors. JPMorgan has pulled in $18 billion of new money this year for two of its covered call ETFs.

Chart of the Week: Alternative Income ETF Comfort

On October 27, 2023, VettaFi hosted an Income Strategy Symposium that saw nearly 900 advisors and investors register for the event. The symposium was a success for everyone involved, and included some of the top firms and individuals in the industry offering their insights into several different income-related topics.

What You Might Have Missed at Friday's Income Strategy Symposium

Goldman Sachs TreasuryAccess 0-1 Year ETF

Goldman Sachs MarketBeta US Equity ETF

Goldman Sachs Asset Management has seen strong net inflows in 2023 into its broad market equity ETFs and its income ETFs. Today, the firm expanded its exchange traded fund lineup to include two equity income ETFs.

Goldman Sachs New Covered Calls Offer Simplicity

Goldman Sachs

Goldman Sachs Asset Management (GSAM) has launched a pair of defined outcome exchange-traded funds (ETFs), a group of products that use options strategies to offer upside exposure to stocks while cushioning downside risk.

News for Goldman Sachs S&P 500 Core Premium Income ETF ETF (GPIX)