GPIX - ETF AI Analysis

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Goldman Sachs S&P 500 Core Premium Income ETF (GPIX)

Rating:71Outperform

Price Target:―

GPIX, the Goldman Sachs S&P 500 Core Premium Income ETF, appears to be a solid, quality-focused fund, largely driven by heavyweight positions in leaders like Microsoft, Apple, and Alphabet, which benefit from strong financial performance, growth in cloud and AI, and generally positive technical and earnings trends. Additional support comes from Nvidia, Amazon, and Broadcom, whose AI and data center exposure add long-term growth potential, though often at premium valuations. The main risk is that the fund is heavily tilted toward a small group of large U.S. tech and growth names, so any downturn or valuation reset in this sector could weigh meaningfully on overall performance.

Positive Factors

Large, Well-Known Core Holdings

The ETF’s biggest positions are in major, established companies like Nvidia, Apple, Microsoft, Amazon, and Alphabet, which are widely followed and form the core of many broad market portfolios.

Broad Sector Diversification

Holdings are spread across many sectors, with meaningful exposure to technology, financials, consumer companies, health care, and industrials, helping reduce the impact of weakness in any single industry.

Significant Fund Size

The ETF manages a large asset base, which can support better trading liquidity and more efficient execution of its strategy for investors.

Negative Factors

Recent Weak Performance

The fund has delivered slightly negative returns over the past month, three months, and year to date, showing recent performance has been soft.

Heavy Tilt Toward Technology

A large share of the portfolio is in technology stocks, which increases the fund’s sensitivity to swings in that sector.

Concentration in a Few Mega-Cap Stocks

A small group of very large companies makes up a sizable portion of the fund, and several of these have shown weak or mixed performance this year, which can weigh on overall returns.

GPIX vs. SPDR S&P 500 ETF (SPY)

AUM3.26B

RegionNorth America

Expense Ratio0.29%

Beta0.91

IssuerGoldman Sachs

Inception DateOct 26, 2023

Dividend Yield8.38%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume836,388

30 Day Avg. Volume765,458

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

62.65

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering494

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

GPIX Summary

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) focuses on large U.S. companies similar to those in the S&P 500, with a strong tilt toward technology and other major sectors. It holds many household names like Apple, Microsoft, Nvidia, Amazon, and Tesla. The fund aims to provide both growth and extra income by using options strategies on these big companies, which may appeal to investors seeking regular payouts plus long-term growth. A key risk is that it is heavily invested in large U.S. stocks, especially tech, so its value can rise and fall sharply with the stock market.

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

GPIX is leaning heavily on U.S. Big Tech, with Nvidia and Apple doing much of the heavy lifting as their shares keep climbing on the back of AI and services growth. Alphabet has been a steady engine in the background, while Broadcom adds another AI chip kicker. On the flip side, Microsoft and Amazon have been losing a bit of altitude lately, and Tesla is wobbling rather than racing ahead, which can tug on returns. Overall, this is a U.S.-centric, tech-heavy story with a few mega-cap names steering the ship.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	7.48%	$242.11M	$4.32T	57.80%	76 Outperform
AAPL	Apple	6.59%	$213.41M	$3.78T	7.69%	79 Outperform
MSFT	Microsoft	5.22%	$168.87M	$3.04T	3.98%	79 Outperform
	―	3.88%	$125.43M	―	―	―
AMZN	Amazon	3.57%	$115.68M	$2.29T	7.01%	71 Outperform
GOOGL	Alphabet Class A	2.87%	$92.84M	$3.61T	71.70%	85 Outperform
AVGO	Broadcom	2.69%	$86.96M	$1.57T	69.51%	76 Outperform
TSLA	Tesla	1.91%	$61.94M	$1.49T	51.04%	73 Outperform
GOOG	Alphabet Class C	1.60%	$51.78M	$3.61T	69.73%	82 Outperform
BRK.B	Berkshire Hathaway B	1.58%	$51.10M	$1.08T	0.68%	66 Neutral

GPIX Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

52.23

Negative

100DMA

51.56

Negative

200DMA

49.60

Positive

Market Momentum

MACD

-0.07

Positive

RSI

39.46

Neutral

STOCH

36.85

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GPIX, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 52.24, equal to the 50-day MA of 52.23, and equal to the 200-day MA of 49.60, indicating a neutral trend. The MACD of -0.07 indicates Positive momentum. The RSI at 39.46 is Neutral, neither overbought nor oversold. The STOCH value of 36.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GPIX.

GPIX Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
GPIX	―	―	$3.26B	0.29%	71 Outperform
QQQI	―	―	$9.02B	0.68%	75 Outperform
SPYI	―	―	$8.09B	0.68%	74 Outperform
FELC	―	―	$6.67B	0.18%	74 Outperform
DIVO	―	―	$6.57B	0.56%	70 Neutral
TCAF	―	―	$6.43B	0.31%	71 Outperform

Performance Comparison

GPIX

Goldman Sachs S&P 500 Core Premium Income ETF

51.36

8.62

20.17%

QQQI

NEOS Nasdaq 100 High Income ETF

―

SPYI

NEOS S&P 500 High Income ETF

―

FELC

Fidelity Enhanced Large Cap Core ETF

―

DIVO

Amplify CWP Enhanced Dividend Income ETF

―

TCAF

T. Rowe Price Capital Appreciation Equity ETF

―

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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