ETF·NASDAQ
Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ)
- Net assets
- $6.24B
- Expense ratio
- 0.29%
- Yield
- 0.63%
- 52-week range
- $47.72 $59.83
The short version
Where GPIQ stands today, in four lines, and what CleaRank Financial AI makes of it.
GPIQ at a glance
Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ): Hold, 43/100 on CleaRank's AI score.
- Trend Mixed: the price is above its 200-day but below its 50-day moving average ($55.12 and $57.12).
- Fund Expense ratio 0.29%, $6.2B in net assets, +22.8% total return over 1 year.
Figures as of October 17, 2026.
CleaRank Financial AI
CleaRank rates Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) a Hold, with a model score of 43/100.
The biggest lift to the score comes from one-year performance, as the price climbed 6.77% over the past year. The biggest drag comes from momentum, where the 14-day RSI of 32.9 sits in the bearish zone and the MACD line is negative. On trend, the picture is mixed: GPIQ is 2.76% below its 50-day average of $57.12 but 0.79% above its 200-day average of $55.12.
Only on CleaRank
Figures we compute ourselves from GPIQ's own price history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
3/4Price above its 50-day average ›
The price of $55.55 is 2.8% below the 50-day simple moving average of $57.12.Price above its 200-day average ›
The price is 0.8% above the 200-day simple moving average of $55.12.50-day average above the 200-day ›
The 50-day average ($57.12) is 3.6% above the 200-day average ($55.12), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 65% of its 52-week range, between $47.72 and $59.83.
GPIQ share price
Pick a period: each tab shows how far GPIQ has moved over it, to the last close.
Today's trading
Where GPIQ sits inside today's range and its 52-week range.
Fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
3/5Expense ratio at or below 0.20% ›
The fund charges 0.29% a year, $29.00 on a $10,000 holding.Over $1B in net assets ›
Net assets total $6.2B.No sector above 35% of the fund ›
The largest sector, Technology, makes up 60.7% of the fund.Pays a distribution ›
The distribution yield is 0.63%.Positive return over one year ›
The fund family reports a one-year total return of 22.76%.
GPIQ Fund Facts
Goldman Sachs Nasdaq-100 Premium Income ETF is an actively managed equity ETF designed to provide current income while maintaining exposure to the Nasdaq-100’s large-cap growth companies. The fund primarily invests in stocks linked to the Nasdaq-100 and uses an options-based covered call approach to generate additional premium income. This structure makes the ETF a concentrated vehicle for investors seeking access to technology and innovation leaders alongside a monthly income stream.
Sector weights
Trailing total returns
| Period | GPIQ |
|---|---|
| YTD | 18.69% |
| 1 month | 2.64% |
| 3 months | 0.31% |
| 1 year | 22.76% |
As of Oct 17, 2026, GPIQ has an expense ratio of 0.29%, $6.24B in net assets and a distribution yield of 0.63%.
Fund reference data as of Oct 17, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
Key statistics
The headline figures for GPIQ.
What the numbers say
CleaRank Financial AI's reading of GPIQ's holdings, performance and risks.
Technology is the largest sector in Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ), and it makes up 60.7% of the fund. Communication Services follows at 12.6%, then Consumer Cyclical at 9.9%. Because more than half the fund sits in a single sector, GPIQ tends to track that sector more closely than a broadly spread fund would. The fund is a Derivative Income product from Goldman Sachs and launched on October 24, 2023.
Investors pay an expense ratio of 0.29%, equal to $29.00 a year on a $10,000 holding. The fund's net assets come to $6.2B, and its distribution yield is 0.63%. Turnover in the portfolio is 19%.
Concentration matters here: Technology makes up 60.7% of the fund, so a setback in that sector would weigh on the whole. On a typical day the price of GPIQ shifts by 0.85%, the 30-day standard deviation of its daily returns.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 32.9, showing bearish momentum without being oversold.RSI above 50 ›
An RSI of 32.9 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of GPIQ
The score, the reasoning behind it, and what could move the price next.
At $55.55, GPIQ sits between its two moving averages. The price is 0.79% above the 200-day average of $55.12 but 2.76% below the 50-day average of $57.12. Across the 52-week range, which runs from $47.72 up to $59.83, the price currently stands at 65% of the way up.
A recent pullback sits inside a stronger longer record: the price fell 0.31% over the past month, fell 0.77% over the past three months and rose 6.77% over the past year. On momentum, the 14-day RSI reads 32.9, in the bearish zone, above the oversold line, with the MACD line negative. The price fell 2.27% in the last session on volume 31.8% above its average.
- Keep an eye on the two closest levels. The 50-day SMA sits at $57.12, just above the price, while the 200-day SMA is at $55.12, just below it.
- The 14-day RSI reads 32.9, in the bearish zone, with the MACD line negative; readings above 70 or below 30 mark stretched momentum.
- Costs compound: at 0.29% a year, GPIQ charges $29.00 on every $10,000 invested.
The trend is mixed: GPIQ is above its 200-day average at $55.12 but below its 50-day average at $57.12. A close above the 50-day would turn both signals up, and a close below the 200-day would turn both down. In the meantime the price sits between the 200-day SMA ($55.12) underneath and the 50-day SMA ($57.12) overhead.
Technical indicators
Momentum and trend for GPIQ, from its daily closes.
As of October 17, 2026, with GPIQ at $55.55, its 14-day RSI is 32.9 (showing bearish momentum without being oversold), its 50-day simple moving average is $57.12 and its 200-day is $55.12.
Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What GPIQ moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 17, 2026, GPIQ's 1-year correlation of daily returns is +0.94 with S&P 500 (SPY), +0.98 with Nasdaq 100 (QQQ), +0.44 with Bitcoin (BTC) and +0.18 with gold (XAU).
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
GPIQ trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Entry Strategies pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from GPIQ's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much GPIQ tends to move, against the market and on its own.
The long record
GPIQ's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
3/3Average daily move under 2% ›
The price has moved 0.85% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 19.2%, from February 2025 to April 2025, regained by June 2025.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2023 is now worth $19,420, against $19,269 in the S&P 500 (SPY).
GPIQ Drawdowns & Recovery
As of October 17, 2026, GPIQ's worst peak-to-trough fall over the last 3 years with dividends reinvested was -19.2% (February 2025 to April 2025); it regained that peak by June 2025, 2 months after the low.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into GPIQ in October 2023 is worth now, against the same amount in the S&P 500.
Against the market: GPIQ beat the S&P 500 over this period: $19,420 against $19,269.
A $10,000 investment in GPIQ in October 2023 would be worth about $19,420 today with dividends reinvested, compared with about $19,269 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to GPIQ, and which have not.
Strongest month, May: an average of +6.42%.
Weakest month, March: an average of -3.17%.
This month, October: has averaged +1.81%. Past seasonality does not repeat on schedule.
Average return for each calendar month over the stored price history; treat short histories with caution.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in GPIQ, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in GPIQ today could grow to about $21,684 by 2036 in the base case, with a 90th-percentile outcome near $44,995 and a 10th-percentile outcome around $10,450 (above the amount invested: over ten years most simulated paths of a rising, moderately volatile asset end higher). The simulation models price only; at today's 0.63% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
GPIQ 2030 Scenarios (Monte Carlo)
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $75.71 for GPIQ by 2030 in the base case, from $55.55 today (1.4x over 4 years). The 10th-percentile path ends near $47.71. These are outcomes of a Monte Carlo simulation run on GPIQ's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $47.65 | $60.02 | $75.60 | |
| 2028 | $46.79 | $64.85 | $89.89 | |
| 2029 | $46.98 | $70.07 | $105 | |
| 2030 | $47.71 | $75.71 | $120 | |
| 2031 | $48.82 | $81.80 | $137 |
Method: a lognormal simulation of GPIQ's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Questions people ask
Answered from the figures on this page, as of October 17, 2026.