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GPIX - ETF AI Analysis
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Goldman Sachs S&P 500 Core Premium Income ETF (GPIX)
Rating:76Outperform
Price Target:
$59.00
Positive Factors
Strong Top Holdings
Several key positions, such as Nvidia, Broadcom, and Alphabet, have delivered strong year-to-date performance, boosting the ETF's returns.
Sector Diversification
The ETF is spread across multiple sectors, including technology, financials, and health care, reducing reliance on any single industry.
Low Expense Ratio
The fund's expense ratio of 0.29% is relatively low, helping investors keep more of their returns.
Negative Factors
High Technology Concentration
Over 36% of the ETF is allocated to the technology sector, making it vulnerable to downturns in tech stocks.
Geographic Overexposure to USA
The ETF is almost entirely focused on U.S. companies, offering little diversification across global markets.
Underperforming Holdings
Some top holdings, like Amazon and Apple, have shown weaker year-to-date performance compared to others in the portfolio.
GPIX vs. SPDR S&P 500 ETF (SPY)
AUM2.17B
RegionNorth America
Expense Ratio0.29%
Beta0.90
IssuerGoldman Sachs
Inception DateOct 26, 2023
Dividend Yield8.11%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume742,662
30 Day Avg. Volume535,254
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
60.41Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering504
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GPIX Summary
The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an investment fund that focuses on large U.S. companies, aiming to provide both growth and income. It includes well-known companies like Nvidia and Apple, and mirrors the S&P 500, which represents many of the biggest and most successful businesses in the U.S. This ETF is designed for investors who want to benefit from the stability and growth of large-cap stocks while earning extra income through advanced strategies. However, since it heavily invests in technology companies, its performance can be affected by changes in the tech sector or broader market trends.
How much will it cost me?The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) has an expense ratio of 0.29%, which means you’ll pay $2.90 per year for every $1,000 invested. This is slightly higher than average for ETFs because it uses active strategies like options to generate income, rather than passively tracking an index.
What would affect this ETF?The GPIX ETF, with its strong focus on large-cap U.S. companies, particularly in the technology sector, could benefit from continued innovation and growth in tech giants like Nvidia, Apple, and Microsoft. However, it may face challenges if interest rates rise, as higher borrowing costs can impact corporate profitability, or if regulatory scrutiny increases for major tech firms. Broader economic conditions, such as a potential recession, could also affect consumer spending and the performance of cyclical sectors in the ETF.
GPIX Top 10 Holdings
The GPIX ETF leans heavily into technology, with giants like Nvidia, Apple, and Microsoft driving its performance. Nvidia’s leadership in AI and strong revenue growth have kept it rising, while Apple and Microsoft remain steady contributors thanks to their robust profitability and cloud advancements. However, Amazon’s mixed results and Meta’s recent lagging performance have held the fund back slightly. With a clear focus on U.S.-based large-cap stocks and a tech-heavy tilt, this ETF is riding the wave of innovation but faces challenges from valuation concerns and sector-specific risks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.97% | $174.31M | $4.57T | 27.45% | 85 Outperform | |
| Apple | 6.91% | $151.26M | $3.99T | 18.29% | 80 Outperform | |
| Microsoft | 6.41% | $140.32M | $3.69T | 17.58% | 82 Outperform | |
| Amazon | 4.13% | $90.37M | $2.60T | 17.40% | 76 Outperform | |
| Broadcom | 2.85% | $62.43M | $1.68T | 90.28% | 76 Outperform | |
| Alphabet Class A | 2.83% | $61.82M | $3.44T | 56.34% | 80 Outperform | |
| Meta Platforms | 2.38% | $52.04M | $1.56T | 5.49% | 71 Outperform | |
| Tesla | 2.09% | $45.79M | $1.48T | 33.72% | 73 Outperform | |
| Alphabet Class C | 1.91% | $41.74M | $3.44T | 55.51% | 86 Outperform | |
| Berkshire Hathaway B | 1.61% | $35.23M | $1.06T | 7.69% | 66 Neutral |
GPIX Technical Analysis
Neutral
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Price Trends
51.46
Positive
50.16
Positive
47.63
Positive
Market Momentum
0.26
Positive
50.07
Neutral
18.23
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GPIX, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 52.11, equal to the 50-day MA of 51.46, and equal to the 200-day MA of 47.63, indicating a neutral trend. The MACD of 0.26 indicates Positive momentum. The RSI at 50.07 is Neutral, neither overbought nor oversold. The STOCH value of 18.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GPIX.
GPIX Peer Comparison
Comparison Results
Performance Comparison
GPIX
Goldman Sachs S&P 500 Core Premium Income ETF
51.98
5.86
12.71%
DUHP
Dimensional US High Profitability ETF
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TCAF
T. Rowe Price Capital Appreciation Equity ETF
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QQQI
NEOS Nasdaq 100 High Income ETF
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SPYI
NEOS S&P 500 High Income ETF
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FELC
Fidelity Enhanced Large Cap Core 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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