Goldman Sachs Nasdaq-100 Premium Income ETF
$58.00−0.34 (−0.59%)
- Expense ratio
- 0.35%
- Fund size
- $6.0B
- 1Y return
- +23.4%
- Yield · Last 12 months
- 9.80%
- Holdings
- 107
- Volume · 30D
- 1.4M sh
- NAV per share
- $58.00
- 52W range
The ETF.net GPIQ Grade
Score 82 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 87Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 56Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 83Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 70Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 76Category rank
Our read on GPIQ
AGoldman's Nasdaq-100 income build: own the index, sell calls dynamically rather than blanket the whole book, collect a monthly check. The fee lands well under what this corner of the market typically charges.
The Fund seeks current income while maintaining prospects for capital appreciation. It provides Nasdaq-100 equity exposure and dynamically sells call options while seeking participation in rising markets.
Why people hold it
- Charges 0.35% a year against a 0.68% median for Nasdaq-100 option income funds. Undercuts QYLD's 0.60% and matches JEPQ.
- Dynamic overwriting is the point: it sells calls on a portion of the portfolio and adjusts, seeking income while keeping prospects for capital appreciation.
- Nasdaq-100 equity exposure across about 110 positions, paid out monthly, in a multi-billion-dollar fund that trades actively.
- Among the strongest implementations in a crowded field of 27 Nasdaq-100 option income funds, and it does what its prospectus says it does.
Worth knowing
- Selling calls swaps upside for premium. When the Nasdaq runs hard, the written calls hold you back from the index's full move.
- Monthly payouts move with option premiums and may include return of capital, so part of a distribution can be your own capital coming back.
- Underneath the income wrapper sits concentrated large-cap tech. Premium income softens a drawdown, it does not buffer one.
GPIQ Holdings
- Stocks
- 107
- 48%
- NVDA
Sectors
- Technology59.8%
- Communication11.9%
- Consumer Discr.11.4%
- Cons. Staples5.8%
- Industrials4.0%
- Health Care3.8%
- Utilities1.5%
- Materials1.0%
- Energy0.4%
- Financials0.4%
Geography
- United States94.47%
- United Kingdom1.70%
- Netherlands1.51%
- Canada0.88%
- Singapore0.86%
- Uruguay0.35%
- Ireland0.25%
GPIQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GPIQ |
|---|---|
| Year to date | +19.4% |
| 1 month | +3.9% |
| 3 months | +0.9% |
| 1 year | +23.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GPIQ |
|---|---|---|
| 2026 YTD | +19.4% | |
| 2025 | +19.8% | |
| 2024 | +23.2% | |
| 2023 | +15.4% |
GPIQ in the news
ETF.net Research hasn’t filed on GPIQ yet — coverage lands here as it’s written.
GPIQ Dividends
- 9.80%
- $5.71
- $0.50 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.50 |
| Aug 3, 2026 | Aug 7, 2026 | $0.49 |
| Jul 1, 2026 | Jul 8, 2026 | $0.52 |
| Jun 1, 2026 | Jun 5, 2026 | $0.52 |
| May 1, 2026 | May 7, 2026 | $0.48 |
| Apr 1, 2026 | Apr 8, 2026 | $0.43 |
| Mar 2, 2026 | Mar 6, 2026 | $0.45 |
| Feb 2, 2026 | Feb 6, 2026 | $0.47 |
| Jan 2, 2026 | Jan 8, 2026 | $0.46 |
| Dec 1, 2025 | Dec 5, 2025 | $0.47 |
| Nov 3, 2025 | Nov 7, 2025 | $0.47 |
| Oct 1, 2025 | Oct 7, 2025 | $0.46 |
GPIQ Risk
- 14.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.40
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −21.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.16
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GPIQ Cost
- The middle half of Nasdaq-100 Option Income funds
- Median 0.74%
2 of the 31 Nasdaq-100 Option Income funds charge less.