Key stats
About Goldman Sachs Nasdaq-100 Core Premium Income ETF
Expense ratio
0.29%
Home page
Inception date
Oct 24, 2023
GPIQ aims for consistent income and capital growth. It invests in the equity of companies included in its benchmark index, the Nasdaq-100, which is composed of US large-cap stocks. The fund tries to maintain style, capitalization, and industry characteristics like its benchmark and mirrors the weighting of its components as far as practicable. GPIQ employs an options overlay strategy to generate income by selling call options on 25% - 75% of the portfolios equity investments. The fund may also use FLEX options or similar entities for added flexibility. Outside of its primary investment strategy, GPIQ foresees additional income from firms that distribute dividends. In certain market conditions, a writing strategy for call options is anticipated to perform better compared to a portfolio without it. However, in a market with strong upward trends, the strategy can underperform. Notably, GPIQ participates in frequent and active trading that may result in high portfolio turnover.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Retail Trade
Stocks101.56%
Electronic Technology32.88%
Technology Services30.61%
Retail Trade10.54%
Health Technology5.13%
Consumer Durables4.91%
Consumer Services4.49%
Consumer Non-Durables2.84%
Producer Manufacturing1.79%
Communications1.63%
Process Industries1.25%
Utilities1.20%
Transportation1.05%
Commercial Services0.56%
Energy Minerals0.29%
Distribution Services0.27%
Industrial Services0.25%
Bonds, Cash & Other−1.56%
Mutual fund0.31%
Miscellaneous−0.18%
Rights & Warrants−1.68%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history