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GPIX Goldman Sachs S&P 500 Premium Income ETF

Covered call on SPY, paying monthly

Over the year to Sep 11, 2026, GPIX paid 8.8% in cash and finished level with SPY.

Goldman Sachs · Income ETFs · data as of

Key facts

8.8%Cash paid, 1 year, on its starting price
+17.5%Total return, 1 year
0.0 ptsAgainst SPY
8.6%Latest payout, annualized

Method

ETFIQ Return Stability Score

79.5joint 12th of 161

GPIX paid 8.8% in cash and its price rose 7.9%, so the payout came out of returns rather than principal.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −38.1 ptsMDST −30.2 ptsSLTY −29.1 ptsBLOX −27.8 ptsEIPI −27.8 ptsYQQQ −27.6 ptsULTY −23.3 ptsGDXY −22.0 ptsHIGH −20.8 ptsTOPW −18.6 ptsTDVI −18.3 ptsYMAX −18.1 ptsHISF −17.3 ptsACKY −17.2 ptsWEEI −16.9 ptsNDIV −16.6 ptsLQDW −16.2 ptsOARK −15.8 ptsFDND −15.5 ptsTCAL −15.0 ptsQRMI −14.8 ptsSDVD −14.8 ptsLFGY −14.5 ptsSLJY −14.5 ptsSCLZ −14.1 ptsYFYA −13.9 ptsQUSA −13.5 ptsHYGW −13.0 ptsJULH −13.0 ptsXLRI −13.0 ptsMAGY −12.9 ptsYYY −12.7 ptsXLKI −12.6 ptsJULJ −12.4 ptsLJUL −12.4 ptsJANJ −12.3 ptsLJAN −12.3 ptsFGSI −12.2 ptsLOCT −12.1 ptsRNTY −12.1 ptsAIPI −12.0 ptsIWMY −12.0 ptsOCTJ −11.9 ptsHIPS −11.7 ptsJUCY −11.6 ptsXLEI −11.6 ptsAPRJ −11.3 ptsLAPR −11.3 ptsXISE −11.3 ptsXIJN −11.1 ptsCVRD −11.0 ptsJANH −11.0 ptsAPRH −10.9 ptsXBTY −10.7 ptsXIDE −10.7 ptsOCTH −10.6 ptsJEPI −10.3 ptsXIMR −10.1 ptsSRHR −9.7 ptsXRMI −8.7 ptsVEGA −8.3 ptsBUYW −8.2 ptsIAUI −7.9 ptsBAGY −7.7 ptsXV −7.5 ptsKHPI −7.3 ptsYBTC −7.3 ptsFTHI −7.0 ptsYLDE −6.8 ptsIGLD −6.1 ptsQQQI −6.1 ptsRDVI −6.0 ptsSPIN −5.9 ptsFEPI −5.8 ptsIWMW −5.8 ptsTYLG −5.7 ptsBITY −5.6 ptsSPUT −5.4 ptsWTPI −5.2 ptsPAPI −4.7 ptsXLVI −4.7 ptsETCO −4.3 ptsJEPQ −4.1 ptsCAIE −4.0 ptsFTKI −3.9 ptsGPTY −3.7 ptsIQQQ −3.7 ptsGIAX −3.4 ptsBIGY −3.3 ptsISPY −3.1 ptsRYLD −3.1 ptsWEEL −2.9 ptsYMAG −2.9 ptsRDTY −2.6 ptsXLBI −2.5 ptsNBOS −1.8 ptsRYLG −1.8 ptsSPYI −1.7 ptsFTQI −1.6 ptsKNG −1.6 ptsTSPY −1.6 ptsTHTA −1.5 ptsQQQY −1.3 ptsRDTE −1.3 ptsDIVO −1.2 ptsSIXH −1.2 ptsXYLD −1.2 ptsDFII −1.1 ptsGPIQ −1.1 ptsQDTY −1.1 ptsXYLG −1.1 ptsXDTE −0.9 ptsQDTE −0.7 ptsQYLD −0.7 ptsXLII −0.7 ptsXPAY −0.7 ptsEGGY −0.6 ptsJOYT −0.6 ptsSDTY −0.6 ptsWDTE −0.4 ptsBTCC −0.3 ptsQYLG −0.3 ptsDJIA +0.1 ptsDYLG +0.3 ptsIWMI +0.3 ptsKGLD +0.3 ptsXLFI +0.3 ptsIVVW +0.4 ptsLTTI +0.5 ptsLQTI +0.6 ptsPBP +0.6 ptsHYTI +0.9 ptsTDAQ +0.9 ptsCSHI +1.3 ptsBALI +1.4 ptsYETH +1.5 ptsHYBL +1.6 ptsXLUI +1.6 ptsCHPY +1.9 ptsBTCI +2.1 ptsSOXY +2.3 ptsITWO +2.5 ptsDOGG +2.7 ptsCEPI +2.9 ptsXLYI +2.9 ptsYBIT +2.9 ptsTLTP +3.4 ptsDUBS +4.0 ptsSEPI +4.7 ptsXLCI +5.2 ptsIDVO +5.4 ptsTLTW +5.4 ptsBCCC +6.3 ptsOMAH +6.5 ptsIDUB +6.9 ptsXLSI +8.8 ptsUSOY +10.5 ptsBUCK +10.9 ptsKLIP +20.9 ptsNVYY +24.6 ptsGPIX 0.0 ptsGPIX 0.0 pts−38.1 pts+24.6 pts

76.1% of the 161 sit at or below GPIX on this measure.

What happened to the principal
ETCO −75.0%XBTY −74.7%YETH −67.4%YBTC −61.4%BTCC −59.9%YBIT −58.9%BAGY −58.0%SLTY −54.4%ULTY −53.3%NVYY −52.4%BITY −51.9%BCCC −49.4%BTCI −46.9%DFII −44.8%LFGY −43.0%YMAX −41.0%BLOX −38.8%TOPW −36.6%OARK −33.3%KLIP −32.8%GDXY −32.5%YMAG −27.1%YQQQ −26.3%MAGY −25.8%IWMY −23.1%CEPI −21.0%RDTY −19.9%RDTE −19.4%QDTE −18.5%EGGY −15.1%TLTP −14.5%XLYI −14.1%LTTI −13.8%ACKY −13.7%WDTE −13.7%QQQY −13.0%QDTY −12.8%XDTE −12.8%AIPI −12.2%QUSA −11.8%LQTI −10.4%TLTW −10.3%SDTY −9.9%GIAX −9.8%XLUI −9.5%HIGH −9.3%LQDW −9.3%TCAL −9.0%FEPI −8.5%XV −8.4%IGLD −8.1%XLRI −8.0%XLCI −7.9%FDND −7.6%YYY −7.5%XLSI −7.3%RNTY −6.5%HYTI −6.3%GPTY −6.0%OMAH −6.0%XLBI −5.7%HYGW −5.6%IWMW −5.3%HIPS −5.2%XPAY −4.9%HISF −4.7%QRMI −4.2%USOY −4.0%XLFI −3.8%FGSI −3.2%BUCK −2.5%HYBL −2.5%JUCY −2.3%XRMI −2.3%MLPD −1.7%CAIE −1.6%IAUI −1.6%YFYA −1.6%IVVW −1.4%CVRD −1.3%JEPI −1.1%KNG −0.9%XIJN −0.7%JULJ −0.6%WTPI −0.5%CSHI −0.4%JULH −0.3%LJUL −0.2%XISE 0.0%JANH +0.1%JANJ +0.1%LAPR +0.1%LOCT +0.1%LJAN +0.2%OCTJ +0.2%XLII +0.2%APRJ +0.3%OCTH +0.3%XIDE +0.3%XIMR +0.4%APRH +0.5%TSPY +0.6%KHPI +0.7%BIGY +0.8%WEEL +0.9%SRHR +1.0%FTHI +1.1%QQQI +1.5%XLVI +2.1%SPYI +2.6%QYLG +2.8%YLDE +2.8%BUYW +2.9%SDVD +3.0%XYLG +3.4%KGLD +3.8%THTA +3.9%DJIA +4.2%FTKI +4.3%SCLZ +4.4%PAPI +4.5%RYLD +4.7%XLKI +5.0%PBP +5.1%IWMI +5.3%DYLG +5.4%TDAQ +5.9%XYLD +5.9%JEPQ +6.0%SPIN +6.1%NBOS +6.5%SPUT +6.5%RYLG +7.1%FTQI +8.0%DOGG +8.2%ISPY +8.4%QYLD +8.4%DIVO +8.9%MDST +9.3%VEGA +9.4%BALI +9.5%GPIQ +9.8%SLJY +11.0%RDVI +11.7%TDVI +11.7%IQQQ +12.3%SEPI +13.8%XLEI +13.8%SIXH +14.1%ITWO +14.3%EIPI +14.6%JOYT +16.1%IDVO +16.4%DUBS +18.9%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%GPIX +7.9%GPIX +7.9%−75.0%+68.6%

82.9% of the 161 sit at or below GPIX on this measure.

Weighted evenly, those two positions are what the score combines, across the 161 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark0.0 pts76.150%
what happened to the principal+7.9%82.950%

All income ETFs ranked by this score · How it is computed

6th of 68 income ETFs writing on SPY, by return against it 8th of 354 income ETFs by net assets

What a holder got

GPIX against SPYGPIX returned +17.5% with distributions reinvested against +17.5% for S&P 500 (SPY), a gap of 0.0 pts. Of that, 8.8% arrived as cash rather than price.+17.5%GPIX total return+17.5%S&P 500 (SPY)8.8% of it arrived as cash

Over the year to Sep 11, 2026, GPIX returned +17.5% with distributions reinvested and S&P 500 (SPY) returned +17.5%, so a holder came out level with it. The lighter segment is the 8.8% that arrived as cash rather than as price.

Its ten largest equity positions

GPIX top ten by weight, 35.3% of its 491 equity positions, from the holdings filed for Jun 30, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the fund’s SEC filing.
HoldingTickerWeight
NVIDIA CORPNVDA7.33%
APPLE INCAAPL6.47%
ALPHABET INCGOOGL4.37%
MICROSOFT CORPMSFT3.90%
AMAZON.COM INCAMZN3.39%
BROADCOM INCAVGO2.80%
MICRON TECHNOLOGY INCMU2.02%
TESLA INCTSLA1.89%
META PLATFORMS INCMETA1.67%
BERKSHIRE HATHAWAY INCBRK/B1.51%

Method

Period by period

GPIX over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSPYAhead or behind
3 months2.1%+1.3%+3.4%+3.3%+0.1 pts
6 months4.6%+9.8%+14.6%+16.0%−1.4 pts
1 year8.8%+7.9%+17.5%+17.5%0.0 pts
Since launch30.5%+41.8%+80.5%+91.6%−11.2 pts

Method

When GPIX pays

GPIX pays monthly. The last distribution was $0.3974 a share, which went ex on Sep 1, 2026 and was paid on Sep 8, 2026. The next has not been declared. On its own cadence of about 30 days the ex-date falls near Oct 1, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for GPIX. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Oct 1, 2026Oct 7, 2026$0.3974ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for GPIX (13, most recent first)
Cash distributions per share for GPIX. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 1, 2026$0.3974
Aug 3, 2026$0.3916
Jul 1, 2026$0.3937
Jun 1, 2026$0.3969
May 1, 2026$0.3831
Apr 1, 2026$0.3534
Mar 2, 2026$0.3718
Feb 2, 2026$0.3763
Jan 2, 2026$0.3755
Dec 1, 2025$0.3741
Nov 3, 2025$0.3756
Oct 1, 2025$0.369
Sep 2, 2025$0.3615

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Oct 26, 2023, GPIX has returned +80.5% with distributions reinvested, against +91.6% for S&P 500 (SPY), and has paid out 30.5% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 8.6%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

GPIX (Goldman Sachs S&P 500 Premium Income ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategycovered call
BenchmarkS&P 500 (SPY)
Paysmonthly
Net assets (SEC filing, whole fund, as filed for Jun 30, 2026)$4.7bn
Latest payout, annualized (ETFIQ)8.6%
Expense ratio (485BPOS XBRL, Apr 29, 2025)0.29%
Cash paid, last 12 months, over today’s price (ETFIQ)8.2%
LaunchedOct 26, 2023
Paysmonthly
Typical gap between ex-dates30 days
Typical wait from ex-date to payment6 days
Last paid, per share$0.3974 ex Sep 1, 2026
Sum of the last 12 distributions$4.5585

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has GPIX paid over the last year?
Over the year to Sep 11, 2026, GPIX paid 8.8% of its starting price in cash distributions, while the price rose 7.9%.
Is GPIX ahead of SPY?
Over the year to Sep 11, 2026, with every distribution reinvested, GPIX returned +17.5% against +17.5% for S&P 500 (SPY), so a holder was about even with it by 0.0 points.
How often does GPIX pay, and how much?
GPIX pays monthly. The latest distribution annualizes to 8.6% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
When does GPIX next pay a distribution?
GPIX pays monthly. The last distribution went ex on Sep 1, 2026 at $0.3974 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Oct 1, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 6 days.
What does GPIX cost?
The prospectus expense ratio is 0.29% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Compare GPIX

Also against QYLD, XYLD, RYLD, DIVO, GPIQ, TSLY, NVDY, MSTY, CONY, ULTY, YMAX, FEPI, XDTE, QDTE, AIPI, BALI, ISPY, AMZY, APLY, GOOY, MSFO, OARK, SDTY, IVV, QQQ, SCHD, SPY, VOO, VTI, VYM.

Funds near this one

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GPIX payout bar, ETFIQ

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Where GPIX is written about

GPIX, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open GPIX live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, GPIX, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/gpix Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources