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

GPIQ

Market cap $2.23B

December opened with a big shakeup in the ETF landscape, with Goldman Sachs announcing a major acquisition. The firm has concluded a deal to acquire Innovator Capital Management and its defined outcome ETFs to the company's ETF side.

High-yield CEFs and covered call ETFs lure in investors with juicy yields. However, there are several hidden dangers lurking beneath the surface of many of these funds. There is a better way to generate high-yielding passive income and potential long-term total return outperformance.

Goldman Sachs Nasdaq-100 Premium Income ETF offers retirees a compelling blend of high yield (9.4%) and exposure to top Nasdaq-100 companies. GPIQ employs a dynamic option writing strategy, balancing income generation with participation in market rallies, while limiting downside from interest rate or credit risk. Although GPIQ underperforms traditional index ETFs like QQQ in total return, its monthly payouts are stable and tax-efficient, appealing to income-focused investors.

The Dividend Harvesting Portfolio weathered a choppy week, adding GPIQ and increasing OBDC, with forward annualized dividend income now exceeding $2,700. Market volatility persists amid AI bubble fears and weak labor data, but Nvidia's upcoming earnings could spark an end-of-year rally if results impress. GPIQ offers uncapped upside and strong monthly income, while OBDC remains attractive with a high yield and discount to NAV, even in a lower-rate environment.

Most 10% yielding portfolios inevitably crash and burn. However, there is a path to achieving a potentially sustainable 10% yielding portfolio. I share how it possibly can be done.

Covered call ETFs have soared in attention recently due to the combination of attractive yield and blue-chip tech stock exposure they provide. However, I think most of these funds are structurally flawed. There is one fund that mitigates most of these issues, making it potentially worthy of investment: the Goldman Sachs Nasdaq-100 Premium Income ETF.

The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) has done well this year, with its demand from American investors escalating. Its stock has jumped to a record high, while its total inflows jumped by over $1.66 billion.

The Goldman Sachs Nasdaq-100 Premium Income ETF offers a compelling blend of capital appreciation and double-digit yield, amassing $2.12B AUM in just over two years. GPIQ's dynamic covered call strategy leaves upside partially uncapped, enabling strong monthly income and market-beating total returns compared to peer ETFs. The ETF's monthly distributions remain stable regardless of Fed rate changes, making GPIQ attractive for income investors in a declining rate environment.

The firm's covered-call ETFs have been outperforming competitors.

A Texas-based wealth advisory sold 351,699 shares of the Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) for an estimated $17.5 million. The transaction value represented about 2% of 13F reportable assets under management.