Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) Performance
GPIQ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.0% since Dec 31, 2025
- 1 year
- +16.0% total return
- Since first price
- +94.2% since 2023
GPIQ trailing returns vs SPY, QQQ, AGG
| Period | GPIQ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.0% | −4.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.6% | −1.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.4% | +1.9% | +7.8% | +8.4% | −1.5% |
| YTD | +14.0% | +4.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +16.0% | +4.4% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 26, 2023 | +94.2% | +42.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GPIQ vs SPY
From Oct 26, 2023: GPIQ grew to $19,418, SPY to $19,101.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GPIQ returns by calendar year
2 of 2 full years positive. Best 2024 (+23.2%), worst 2025 (+19.8%). 2026 is year to date.
GPIQ annual returns table
| Year | GPIQ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.0% | −9.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +19.8% | −21.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +23.2% | −11.7% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GPIQ largest drawdowns
Now 5.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −21.1% | Apr 8, 2025 | Jun 24, 2025 | 48 days | 4 months |
| Jul 10, 2024 | −11.7% | Aug 7, 2024 | Oct 11, 2024 | 28 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GPIQ risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +26.4% |
| Volatility (annualized) | 14.1% |
| Sharpe ratio | 1.44 |
| Sortino ratio | 2.96 |
| Best month | +12.7% |
| Worst month | −6.8% |
| Best 12 months | +38.4% |
| Worst 12 months | +6.5% |
| Positive months | 74% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GPIQ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 25 | +6.5% | +21.5% | +38.4% | 100% |
| 3-year (a year) | 1 | +23.9% | +23.9% | +23.9% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
GPIQ performance overview
Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) returned +16.0% over the past year, with distributions reinvested. Since its first recorded price on Oct 26, 2023 it has returned +94.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −21.1%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 14.1% a year.
Related: GPIQ chart, GPIQ holdings, GPIQ dividends, GPIQ valuation. See the GPIQ overview for the latest quote and fund facts.
GPIQ performance FAQ
What is the GPIQ return over the past year?
GPIQ returned +16.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 4.4%.
How much would $10,000 invested in GPIQ be worth?
$10,000 invested in GPIQ at its first recorded close on October 26, 2023 would be worth about $19,418 on October 23, 2026 with distributions reinvested.
What was the worst year for GPIQ?
The worst calendar year was 2025, with a total return of +19.8%. The best was 2024 at +23.2%.
What is the biggest drawdown of GPIQ?
The largest peak-to-trough decline was −21.1% between February 19, 2025 and April 8, 2025. It recovered to the old high on June 24, 2025, 3 months after the bottom.
How volatile is GPIQ?
Over the past history GPIQ had an annualized volatility of 14.1% and a Sharpe ratio of 1.44 (excess return over 1–3 month T-bills per unit of risk).