Goldman Sachs Nasdaq-100 Premium Income ETF
$57.79−0.12 (−0.21%)
- 0.35%
- $6.5B
- +25.5%
- 9.96%
- 1.5M sh
- $58.18
- low $47.72high $59.83
The ETF.net GPIQ Grade
A
Score 81 out of 100
- 2 of 31
Score 81 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A87 out of 100Rank 3 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 6 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 12 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A81 out of 100Rank 3 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A70 out of 100Rank 8 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A76 out of 100Rank 4 of 31
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
- 102
- 48%
- NVDA
Sectors
- Technology60.7%
- Communication12.6%
- Consumer Discretionary9.9%
- Consumer Staples5.5%
- Industrials5.1%
- Health Care3.8%
- Materials0.9%
- Utilities0.9%
- Energy0.5%
- Financials0.2%
Geography
- United States94.70%
- United Kingdom1.64%
- Netherlands1.26%
- Canada1.04%
- Singapore0.72%
- Ireland0.33%
- Uruguay0.31%
GPIQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
GPIQ$12,548
Returns run to the Oct 12, 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 | +19.6% |
| 1 month | +3.7% |
| 3 months | +2.2% |
| 1 year | +25.5% |
| 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 | +19.6% | |
| 2025 | +19.8% | |
| 2024 | +23.2% | |
| 2023 | +15.4% |
GPIQ in the news
GPIQ Dividends
- 9.96%
- $5.77
- $0.51 per share
- Monthly
Distribution history
GPIQ Risk
- 14.1%
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.
- 1.43
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
0.35%
GPIQ0.35%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
1 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- AQQAInvesco QQQ Income Advantage ETFExpense ratio 0.33%1 year return +23.0%
- AQYLDGlobal X - Nasdaq 100 Covered Call ETFExpense ratio 0.60%1 year return +24.8%
- AQYLGGlobal X Nasdaq 100 Covered Call & Growth ETFExpense ratio 0.35%1 year return +26.0%
- AJEPQJPMorgan Nasdaq Equity Premium Income ETFExpense ratio 0.35%1 year return +21.5%
- ABALQiShares Nasdaq Premium Income Active ETFExpense ratio 0.35%1 year return —