GPIX: Covered Call ETF On S&P 500 Among Top Performers And The Difference
The Goldman Sachs S&P 500 Premium Income ETF, known as GPIX, has been recognized for its strong performance in the covered call sector. It offers dynamic covered call exposure with a notable upside capture and monthly distributions. This distinguishes GPIX from its more mechanical peers in the market.
- ▪GPIX maintains pure S&P 500 beta on the equity side.
- ▪It utilizes a flexible 25-75% options overlay.
- ▪The ETF has achieved a 91.8% upside capture and an 8% annual distribution rate.
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