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Income ETFs GPIX and GPIQ pull inflows as inflation and market pressure rise

Both Goldman Sachs premium income ETFs charge 29 basis points and use an options overlay that sells calls on 25% to 75% of holdings.

Reported · Written up by our desk · ETFs

ETF Trends highlighted renewed interest in two Goldman Sachs premium income ETFs, the S&P 500-focused GPIX and the Nasdaq-100-focused GPIQ, as markets face pressure and inflation remains a concern.

The outlet said the funds, which launched in 2023, have attracted significant inflows so far this year, helped by their options-based approach to generating income through an ETF wrapper rather than relying only on bond coupon payments.

Both ETFs charge 29 basis points, and each pursues an options overlay strategy that sells call options on between 25% and 75% of its equity investments, using FLEX options as part of the income design.

ETF Trends cited ETF Database data indicating GPIX and GPIQ returned 13.4% and 15.6% year to date, respectively, and reported trailing distribution rates of 8.11% and 10.12% as of July 31, before Goldman Sachs data.

The article also pointed to a potential catalyst as the funds near their third anniversaries next month, a milestone when ETFs are traditionally added to key brokerages, which can increase interest from investors.

Latest closeS&P 500 7,666.60 ▲0.5%|Nasdaq Comp. 26,217.83 ▲0.5%

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