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GPIQ - ETF AI Analysis
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Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ)
Rating:76Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, like Nvidia and Broadcom, have delivered strong year-to-date performance, driving overall returns.
Technology Sector Leadership
With over half of its exposure in the technology sector, the ETF benefits from the strong performance of leading tech companies.
Low Expense Ratio
The ETF charges a competitive expense ratio, making it cost-effective compared to many other funds.
Negative Factors
High Sector Concentration
Over 55% of the ETF's portfolio is concentrated in the technology sector, increasing vulnerability to downturns in this industry.
Limited Geographic Diversification
The ETF is heavily focused on U.S. companies, offering minimal exposure to international markets.
Underperforming Holdings
Some top holdings, like Amazon, have shown weak year-to-date performance, which could drag on overall returns.
GPIQ vs. SPDR S&P 500 ETF (SPY)
AUM2.51B
RegionNorth America
Expense Ratio0.29%
Beta1.13
IssuerGoldman Sachs
Inception DateOct 24, 2023
Dividend Yield9.72%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume844,874
30 Day Avg. Volume837,427
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
62.75Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering102
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GPIQ Summary
The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an investment fund that focuses on large companies in the Nasdaq 100 Index, primarily in the technology sector. It includes well-known companies like Apple and Nvidia, which are leaders in innovation and growth. This ETF is designed for investors who want to benefit from the potential growth of major tech and consumer companies while earning additional income through its premium income strategy. However, since it is heavily invested in technology stocks, its performance can be significantly affected by changes in the tech industry or broader market trends.
How much will it cost me?The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) has an expense ratio of 0.29%, which means you’ll pay $2.90 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it uses an active management strategy to generate premium income and optimize returns. It’s a reasonable fee for the added expertise and strategy involved.
What would affect this ETF?The GPIQ ETF, heavily focused on large-cap technology and communication services companies like Nvidia, Apple, and Microsoft, could benefit from continued innovation and growth in these sectors, especially if consumer demand for tech products and services remains strong. However, rising interest rates or regulatory scrutiny on major tech firms could negatively impact the ETF's performance, as these factors often weigh on growth-oriented stocks. Additionally, broader economic conditions in the U.S., where the ETF is primarily focused, will play a significant role in its future trajectory.
GPIQ Top 10 Holdings
The Goldman Sachs Nasdaq 100 Core Premium Income ETF is heavily tilted toward technology, with Nvidia, Apple, and Microsoft leading the charge. Nvidia’s focus on AI and data centers has kept it steady, though recent momentum is cooling. Apple’s steady climb reflects its strong profitability and services expansion, while Microsoft’s mixed signals stem from cloud growth tempered by valuation concerns. Tesla and Palantir are rising stars, with Tesla’s robust earnings and Palantir’s AI-driven growth adding spark. However, Meta’s lagging performance and expense challenges are holding the fund back. Overall, the ETF leans heavily on U.S. tech innovation for its gains.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.04% | $227.06M | $4.60T | 34.94% | 76 Outperform | |
| Apple | 8.00% | $200.81M | $4.02T | 5.48% | 79 Outperform | |
| Microsoft | 7.16% | $179.82M | $3.62T | 10.82% | 79 Outperform | |
| Amazon | 4.92% | $123.55M | $2.48T | 1.35% | 71 Outperform | |
| Tesla | 4.25% | $106.68M | $1.61T | 5.04% | 73 Outperform | |
| Meta Platforms | 3.87% | $97.22M | $1.68T | 9.41% | 76 Outperform | |
| Alphabet Class A | 3.62% | $90.91M | $3.80T | 60.29% | 85 Outperform | |
| Alphabet Class C | 3.35% | $84.02M | $3.80T | 59.78% | 82 Outperform | |
| Broadcom | 3.28% | $82.39M | $1.66T | 45.74% | 76 Outperform | |
| Palantir Technologies | 2.46% | $61.74M | $462.70B | 135.65% | 74 Outperform |
GPIQ Technical Analysis
Positive
―
Price Trends
52.40
Positive
51.14
Positive
47.62
Positive
Market Momentum
0.19
Negative
57.87
Neutral
80.68
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GPIQ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 52.87, equal to the 50-day MA of 52.40, and equal to the 200-day MA of 47.62, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 57.87 is Neutral, neither overbought nor oversold. The STOCH value of 80.68 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GPIQ.
GPIQ Peer Comparison
Comparison Results
Performance Comparison
GPIQ
Goldman Sachs Nasdaq 100 Core Premium Income ETF
53.37
7.95
17.50%
QQQI
NEOS Nasdaq 100 High Income ETF
―
―
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SPYI
NEOS S&P 500 High Income ETF
―
―
―
TCAF
T. Rowe Price Capital Appreciation Equity ETF
―
―
―
FELC
Fidelity Enhanced Large Cap Core ETF
―
―
―
DIVO
Amplify CWP Enhanced Dividend Income ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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