Is Goldman Sachs’ GPIQ ETF a good Nasdaq 100 fund to buy?
The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) has done well this year as technology stocks have surged to a record high. Its total return in 2024 stands at 14.57%, which is lower than Invesco QQQ (QQQ) 17.40% and JPMorgan’s Nasdaq Equity Premium Income ETF (JEPQ), which has returned 15%. GPIQ vs QQQ vs JEPQ The GPIQ is a high-yield ETF that was launched on the same day as the Goldman Sachs S&P 500 Core Premium Income ETF (GPIX). Goldman Sachs’s goal was to clone JPMorgan’s highly popular actively managed ETFs. JEPI has accumulated over $33 billion in assets while JEPQ has over $1...