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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
Large, Established Tech Leaders
The ETF’s biggest positions are in well-known, financially strong technology and internet companies, which can provide long-term growth potential.
Sector Diversification Beyond Tech
While technology is the largest slice, the fund also holds consumer, health care, industrials, and other sectors, which helps spread risk across different parts of the economy.
Significant Asset Base
The ETF manages a large pool of assets, which can support better trading liquidity and more efficient fund operations for investors.
Negative Factors
Recent Weak Performance
The fund has shown negative returns over the past month, three months, and year to date, indicating recent performance has been weak.
Heavy Concentration in a Few Mega-Cap Stocks
A small group of large technology and internet companies makes up a big share of the portfolio, increasing the impact if any of these stocks struggle.
High U.S. and Tech Exposure
With almost all assets in U.S. stocks and over half in the technology sector, the ETF is heavily tied to the fortunes of the U.S. tech market and offers limited global or sector balance.
GPIQ vs. SPDR S&P 500 ETF (SPY)
AUM2.97B
RegionNorth America
Expense Ratio0.29%
Beta1.13
IssuerGoldman Sachs
Inception DateOct 24, 2023
Dividend Yield10.17%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,114,321
30 Day Avg. Volume1,026,990
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
65.05Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering102
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GPIQ Summary
GPIQ is the Goldman Sachs Nasdaq 100 Core Premium Income ETF. It focuses on large U.S. companies in the Nasdaq 100 theme, especially big tech and consumer brands. Top holdings include well-known names like Apple and Nvidia, along with other major technology and retail leaders. Investors might consider GPIQ if they want exposure to many of the biggest growth companies in the U.S. while also aiming for extra income from its premium income strategy. A key risk is that it is heavily tilted toward technology and other growth stocks, so its price can rise and fall sharply with the tech-heavy Nasdaq market.
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
GPIQ is riding the Nasdaq 100 wave with a heavy tilt toward U.S. Big Tech, where Nvidia, Microsoft, and Apple sit in the driver’s seat but have recently been losing a bit of steam, acting more like a brake than an engine. Tesla and Meta are also lagging, adding to the drag. Offsetting some of that weakness, Alphabet and Amazon have been rising, while Walmart provides a steadier, defensive counterweight. Overall, the fund is highly concentrated in U.S. tech and communication giants, so its fortunes largely follow the mood around mega-cap growth.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.27% | $244.33M | $4.23T | 51.99% | 76 Outperform | |
| Apple | 7.98% | $235.71M | $4.06T | 18.94% | 79 Outperform | |
| Microsoft | 6.01% | $177.53M | $3.08T | 0.22% | 79 Outperform | |
| Amazon | 4.87% | $143.92M | $2.49T | -1.35% | 71 Outperform | |
| Meta Platforms | 3.84% | $113.51M | $1.69T | -1.77% | 76 Outperform | |
| Alphabet Class A | 3.80% | $112.27M | $4.02T | 64.60% | 85 Outperform | |
| Alphabet Class C | 3.53% | $104.12M | $4.02T | 64.03% | 82 Outperform | |
| Tesla | 3.52% | $103.80M | $1.52T | 7.36% | 73 Outperform | |
| Walmart | 3.37% | $99.66M | $1.02T | 24.93% | 78 Outperform | |
| Broadcom | 2.84% | $83.91M | $1.46T | 32.78% | 76 Outperform |
GPIQ Technical Analysis
Negative
―
Price Trends
52.23
Negative
51.48
Positive
48.54
Positive
Market Momentum
0.11
Positive
40.52
Neutral
29.17
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GPIQ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 52.69, equal to the 50-day MA of 52.23, and equal to the 200-day MA of 48.54, indicating a neutral trend. The MACD of 0.11 indicates Positive momentum. The RSI at 40.52 is Neutral, neither overbought nor oversold. The STOCH value of 29.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GPIQ.
GPIQ Peer Comparison
Comparison Results
Performance Comparison
GPIQ
Goldman Sachs Nasdaq 100 Core Premium Income ETF
51.62
6.86
15.33%
QQQI
NEOS Nasdaq 100 High Income ETF
―
―
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SPYI
NEOS S&P 500 High Income ETF
―
―
―
FELC
Fidelity Enhanced Large Cap Core ETF
―
―
―
TCAF
T. Rowe Price Capital Appreciation Equity ETF
―
―
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DIVO
Amplify CWP Enhanced Dividend Income ETF
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―
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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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