GPIX

📎 Investment Objective

The Goldman Sachs S&P 500 Premium Income ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the S&P 500 Premium Income Index.

✨ Key Features

• Provides exposure to the large-cap U.S. equity market through investment in S&P 500 stocks
• Generates additional income through the sale of call options on the underlying equity positions
• Seeks to provide a higher level of income compared to a traditional S&P 500 index fund
• Relatively low expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
• Equity risk: The ETF is subject to the risks associated with investing in the equity securities of the S&P 500 companies
• Options risk: The use of options may increase the ETF's volatility and can potentially lead to losses if the options expire worthless
• Tracking error risk: The ETF may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to the large-cap U.S. equity market with the potential for enhanced income generation. It may be particularly appealing to investors with a moderate risk tolerance who are looking to supplement their portfolio's income stream.