Goldman Sachs ETF Trust Goldman Sachs Nasdaq-100 Premium Income ETF

GPIQ

Market cap $1.6B

Goldman Sachs Nasdaq-100 Premium Income ETF is a Buy for its dynamic call writing and superior risk-reward balance across market regimes. GPIQ's active, flexible coverage outperforms QYLD in bull and flat markets while still providing reasonable downside protection during drawdowns. QYLD's full portfolio coverage offers only marginal drawdown benefits but significantly lags in upside capture, making it suitable only for tactical use.

Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) remains a BUY for its strong structure, high yield, and long-term growth potential. GPIQ's top holdings have become more concentrated in AI leaders like NVDA and Alphabet, increasing concentration risk ahead of tech earnings season. A potential 'growth scare' looms as tech valuations are high and earnings expectations are elevated, warranting defensive positioning and hedging strategies.

The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is having a good year, with inflows rising and its stock jumping to a record high. It peaked at $52.80 on Friday, up sharply from the all-time low of $31.54.

Most covered call ETFs that track the S&P 500 and Nasdaq-100 have underperformed their underlying indices. Yet, it does not mean that going forward this pattern will continue. I outline the main reasons why I think that the moment for covered call ETFs to shine is very close.

Interest rates have fallen once already this fall, and could be set to fall yet more in the months ahead. Should the Fed tame inflation, those cuts could, then, see a shift in investor portfolios' fixed income allocations as yields drop.

Explore three tax-efficient, high-yield funds suitable for investors of all ages seeking income and lower tax implications in taxable accounts. DNP Select Income Fund offers stable, monthly dividends (7.8% yield) with a focus on essential utilities and a long history of capital preservation. Eaton Vance Tax-Advantaged Dividend Income Fund provides an 8.1% yield, equity exposure, and capital preservation, with most distributions as long-term capital gains.

Generating $10,000 monthly is a major milestone, and this means you're making double the median annual salary in the U.S.

Covered call ETFs like GPIQ and GPIX offer retirees attractive income streams, especially when held in tax-advantaged accounts such as Roth IRAs. GPIQ provides Nasdaq-100 exposure with active management, a lower expense ratio (0.29%), and strong performance versus peers, making it ideal for income-focused investors. GPIX offers broader S&P 500 diversification, a similar cost structure, and outperforms many competitors, balancing sector concentration and yield for steady monthly payouts.

GPIQ stands out among Nasdaq 100 covered call ETFs for its dynamic overwrite strategy, enabling active management and superior income generation. The fund delivers a robust 10% yield, appealing to income-focused investors, though it carries full equity downside risk during market downturns. GPIQ's flexible options approach outperforms more rigid competitors, maintaining strong dividends even in volatile markets.

2025 is just about three-quarters of the way done, giving market watchers an opportunity to take stock of the big data points that have defined the year. In income ETFs, for example, two particular funds have already picked up $1 billion YTD.