GPIX - ETF AI Analysis

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

Rating:71Outperform

Price Target:―

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) has a solid overall rating, driven by its strong holdings in companies like Microsoft and Apple. Microsoft contributes positively with its robust growth in cloud and AI segments, supported by strong financial performance and strategic investments. Apple also boosts the fund's rating with its leadership in consumer electronics and growth potential in services and emerging markets, despite its high valuation. However, weaker contributions from holdings like Berkshire Hathaway, which faces bearish momentum and lacks a dividend yield, slightly weigh on the ETF's overall score. Investors should note the fund's concentration in large-cap tech stocks, which could pose a risk during sector downturns.

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)

AUM2.63B

RegionNorth America

Expense Ratio0.29%

Beta0.90

IssuerGoldman Sachs

Inception DateOct 26, 2023

Dividend Yield7.96%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume725,490

30 Day Avg. Volume648,494

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

61.16

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering496

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 names like Nvidia and Apple leading the charge. Nvidia’s focus on AI and data centers has kept it in the spotlight, though recent momentum has cooled. Apple remains steady, buoyed by its services growth and emerging market strategies. Microsoft’s mixed signals reflect strong cloud and AI growth but some short-term headwinds. Meanwhile, Alphabet’s bullish performance, driven by AI and cloud investments, adds a spark to the fund. With a clear tilt toward U.S. tech giants, this ETF thrives on innovation but faces occasional turbulence from high valuations.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	7.80%	$206.02M	$4.60T	34.94%	76 Outperform
AAPL	Apple	6.90%	$182.03M	$4.02T	5.48%	79 Outperform
MSFT	Microsoft	6.17%	$162.99M	$3.62T	10.82%	79 Outperform
	―	4.00%	$105.59M	―	―	―
AMZN	Amazon	3.88%	$102.38M	$2.48T	1.35%	71 Outperform
GOOGL	Alphabet Class A	3.03%	$80.08M	$3.80T	60.29%	85 Outperform
AVGO	Broadcom	2.81%	$74.23M	$1.66T	45.74%	76 Outperform
TSLA	Tesla	2.32%	$61.17M	$1.61T	5.04%	73 Outperform
BRK.B	Berkshire Hathaway B	1.61%	$42.40M	$1.08T	9.12%	66 Neutral
JPM	JPMorgan Chase	1.53%	$40.42M	$887.27B	34.51%	72 Outperform

GPIX Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

52.03

Positive

100DMA

51.09

Positive

200DMA

48.21

Positive

Market Momentum

MACD

0.24

Negative

RSI

61.76

Neutral

STOCH

89.50

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GPIX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 52.54, equal to the 50-day MA of 52.03, and equal to the 200-day MA of 48.21, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 61.76 is Neutral, neither overbought nor oversold. The STOCH value of 89.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GPIX.

GPIX Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
GPIX	―	―	$2.63B	0.29%	―
QQQI	―	―	$7.27B	0.68%	―
SPYI	―	―	$6.73B	0.68%	―
TCAF	―	―	$6.31B	0.31%	―
FELC	―	―	$6.02B	0.18%	―
DIVO	―	―	$5.84B	0.56%	―

Performance Comparison

GPIX

Goldman Sachs S&P 500 Core Premium Income ETF

53.13

6.63

14.26%

QQQI

NEOS Nasdaq 100 High Income ETF

―

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

―

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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