GPIX: A Smarter Covered Call Play On The S&P 500

  • Goldman Sachs S&P 500 Premium Income ETF offers a dynamic covered call strategy (25-75% notional), aiming for higher growth and yield than SPYI, with manageable volatility. Recent performance shows GPIX outperformed SPYI in total returns, validating its active approach and upside capture potential in certain markets. GPIX maintains a healthy yield (~8%) and acceptable NAV protection, making it suitable for income-focused investors seeking reduced volatility.