Goldman Sachs Nasdaq-100 Core Premium Income ETF
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
25.6%
1 yr return
25.8%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$310 M
Holdings in Top 10
49.8%
52 WEEK LOW AND HIGH
$49.6
$42.66
$50.74
Expenses
OPERATING FEES
Expense Ratio 0.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GPIQ - Profile
Distributions
- YTD Total Return 25.6%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 10.3%
- Dividend Distribution Frequency Monthly
Fund Details
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Legal NameGoldman Sachs Nasdaq-100 Core Premium Income ETF
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Fund Family NameGoldman Sachs Fund Complex
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Inception DateOct 26, 2023
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Shares OutstandingN/A
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Share ClassN/A
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CurrencyUSD
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Domiciled CountryUS
Fund Description
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in equity investments of companies that are included in the Fund’s benchmark. Equity investments may include common stock, preferred stock, warrants and other rights to acquire stock, and futures, forwards, options and other instruments with similar economic exposures. The Fund seeks to achieve its objective by investing primarily in a portfolio of stocks comprised significantly of those included in the Fund’s benchmark and selling call options with exposure to the benchmark. The Fund will generally seek to maintain style, capitalization and industry characteristics similar to its benchmark. The equity portion of the Fund’s portfolio will generally be invested in the benchmark components in approximately the same weighting that such components have within the benchmark at the applicable time. However, under various circumstances, it may not be possible or practicable to purchase all of the securities in the benchmark in the approximate benchmark weight. The Fund may also invest in pooled investment vehicles, including exchange-traded funds (“ETFs”) and unit investment trusts (“UITs”) for cash management purposes. The Fund is managed in a way that seeks, under normal circumstances, to provide monthly distributions at a relatively stable rate with performance that captures the majority of the returns (and risk) associated with the benchmark. The Fund’s benchmark index is the Nasdaq-100 Index.To generate income, the Fund employs a dynamic options “overwrite” strategy whereby the Fund sells (writes) call options on a varying percentage of the market value of the equity investments in the Fund’s portfolio (the “Option Strategy”). The overwrite level (i.e., the ratio of the notional value of call options sold by the Fund to the market value of the equity investments in the Fund’s portfolio) is generally revised each month and the Fund expects that, under normal circumstances, it will sell call options in an amount that is between 25% and 75% of the value of the equity investments in the Fund’s portfolio. The Fund generally expects to sell call options on underliers that provide economic exposure to the Fund’s benchmark, such as an ETF that tracks an index, and not on securities of issuers included in such index and held by the Fund. The Fund is an actively managed ETF, which is a fund that trades like other publicly-traded securities. The Fund is not an index fund and does not seek to replicate the performance of a specified index.The Fund may invest in FLexible EXchange® Options (“FLEX Options”), other types of listed options and over-the-counter (“OTC”) options. FLEX Options are customized exchange-traded option contracts available through the Chicago Board Option Exchange. Through FLEX Options, the Fund could customize key contract terms such as exercise prices and expiration dates.Additional sources of distributions may include but are not limited to income received from investments that provide exposure to equity securities of companies that pay dividends.During periods in which the equity markets are generally unchanged or falling, or in a modestly rising market where the income from premiums exceeds the aggregate appreciation of the underlying index over its exercise price, a portfolio receiving premiums from its call option writing strategy may outperform the same portfolio without such an options strategy. However, in rising markets where the aggregate appreciation of the underlying index over its exercise price exceeds the income from premiums, a portfolio with a call writing strategy could underperform the same portfolio without the options.Additionally, the Fund’s investment strategies may involve active and frequent trading resulting in high portfolio turnover.The Fund will rebalance the portion of its portfolio that invests in companies included in the Fund’s benchmark index in accordance with the rebalance schedule of that index.The Fund concentrates its investments (i.e., holds more than 25% of its total assets) in securities of issuers in the information technology industries.THE FUND IS NON-DIVERSIFIED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE “INVESTMENT COMPANY ACT”), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED FUNDS.
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GPIQ - Performance
Return Ranking - Trailing
Period | GPIQ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 25.6% | N/A | N/A | N/A |
1 Yr | 25.8% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | GPIQ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | GPIQ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 25.6% | N/A | N/A | N/A |
1 Yr | 25.8% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GPIQ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
GPIQ - Holdings
Concentration Analysis
GPIQ | Category Low | Category High | GPIQ % Rank | |
---|---|---|---|---|
Net Assets | 310 M | N/A | N/A | N/A |
Number of Holdings | 108 | N/A | N/A | N/A |
Net Assets in Top 10 | 105 M | N/A | N/A | N/A |
Weighting of Top 10 | 49.78% | N/A | N/A | N/A |
Top 10 Holdings
- Apple Inc 9.15%
- Microsoft Corp 8.07%
- NVIDIA Corp 7.65%
- Broadcom Inc 5.08%
- Amazon.com Inc 4.84%
- Meta Platforms Inc 4.73%
- Tesla Inc 2.69%
- Costco Wholesale Corp 2.66%
- Alphabet Inc 2.50%
- Alphabet Inc 2.42%
Asset Allocation
Weighting | Return Low | Return High | GPIQ % Rank | |
---|---|---|---|---|
Stocks | 100.47% | N/A | N/A | N/A |
Cash | 0.32% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bonds | 0.00% | N/A | N/A | N/A |
Other | -0.79% | N/A | N/A | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | GPIQ % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GPIQ % Rank | |
---|---|---|---|---|
US | 100.47% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
GPIQ - Expenses
Operational Fees
GPIQ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.35% | N/A | N/A | N/A |
Management Fee | 0.35% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
GPIQ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
GPIQ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GPIQ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
GPIQ - Distributions
Dividend Yield Analysis
GPIQ | Category Low | Category High | GPIQ % Rank | |
---|---|---|---|---|
Dividend Yield | 10.34% | N/A | N/A | N/A |
Dividend Distribution Analysis
GPIQ | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly |
Net Income Ratio Analysis
GPIQ | Category Low | Category High | GPIQ % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
GPIQ | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 03, 2024 | $0.431 | OrdinaryDividend |
Nov 04, 2024 | $0.414 | OrdinaryDividend |
Oct 02, 2024 | $0.418 | OrdinaryDividend |
Sep 04, 2024 | $0.411 | OrdinaryDividend |
Aug 02, 2024 | $0.410 | OrdinaryDividend |
Jul 02, 2024 | $0.420 | OrdinaryDividend |
Jun 04, 2024 | $0.406 | OrdinaryDividend |
May 02, 2024 | $0.388 | OrdinaryDividend |
Apr 02, 2024 | $0.407 | OrdinaryDividend |
Mar 04, 2024 | $0.404 | OrdinaryDividend |
Feb 02, 2024 | $0.391 | OrdinaryDividend |
Dec 28, 2023 | $0.387 | OrdinaryDividend |
Dec 04, 2023 | $0.375 | OrdinaryDividend |