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ISIN
US3814304792
CUSIP
381430479
Inception Date
Jun 6, 2017
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
FTSE Goldman Sachs Investment Grade Corporate Bond Index
Distribution Policy
Distributing
Asset Class
Bond
Assets Under Management
$953M

Share Price Chart


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Performance

GIGB Performance Chart

Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is up 0.9% since the beginning of the year. GIGB is currently trading at $46 per share. Investors who bought $1,000 worth of GIGB shares 5 years ago would now be looking at an investment worth $1,013.


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S&P 500 Index

Returns By Period

Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) has returned 0.88% so far this year and 5.17% over the past 12 months.


Goldman Sachs Access Investment Grade Corporate Bond ETF

1D
0.12%
1M
0.72%
YTD
0.88%
6M
0.95%
1Y
5.17%
3Y*
5.06%
5Y*
0.26%
10Y*

Benchmark (S&P 500 Index)

1D
-1.44%
1M
-1.45%
YTD
7.60%
6M
6.59%
1Y
22.24%
3Y*
19.20%
5Y*
11.54%
10Y*
13.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GIGB Monthly Returns History

Based on dividend-adjusted daily data since Jun 8, 2017, GIGB's average daily return is +0.01%, while the average monthly return is +0.23%. At this rate, an investment would double in approximately 25.1 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2023 with a return of +6.5%, while the worst month was Apr 2022 at -5.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, GIGB closed higher 53% of trading days. The best single day was Mar 23, 2020 with a return of +6.5%, while the worst single day was Mar 18, 2020 at -5.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.37%1.27%-1.89%0.47%0.69%0.00%0.88%
20250.56%2.02%-0.29%-0.28%0.33%1.77%0.04%1.01%1.59%0.32%0.69%-0.40%7.58%
2024-0.32%-1.44%1.30%-2.66%1.95%0.69%2.15%1.78%1.70%-2.64%1.46%-2.09%1.68%
20234.57%-3.57%3.24%0.63%-1.42%0.55%0.13%-0.87%-2.89%-1.98%6.53%4.10%8.80%
2022-3.26%-1.88%-2.56%-5.75%1.64%-2.88%3.45%-3.75%-5.00%-1.05%5.81%-1.21%-15.80%
2021-1.49%-1.98%-1.37%0.91%0.58%1.84%1.26%-0.24%-1.31%0.43%-0.16%-0.04%-1.64%

Benchmark Metrics

Goldman Sachs Access Investment Grade Corporate Bond ETF has an annualized alpha of 0.86%, beta of 0.14, and R2 of 0.11 versus S&P 500 Index. Calculated based on daily prices since June 08, 2017.

  • This ETF participated in 34.10% of S&P 500 Index downside but only 21.27% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.14 may look defensive, but with R2 of 0.11 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.11 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
0.86%
Beta
0.14
0.11
Upside Capture
21.27%
Downside Capture
34.10%

Expense Ratio

GIGB has an expense ratio of 0.14%, which is considered low.


Return for Risk

Risk / Return Rank

GIGB ranks 37 for risk / return — below 37% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


GIGB Risk / Return Rank: 3737
Overall Rank
GIGB Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
GIGB Sortino Ratio Rank: 3737
Sortino Ratio Rank
GIGB Omega Ratio Rank: 3434
Omega Ratio Rank
GIGB Calmar Ratio Rank: 3838
Calmar Ratio Rank
GIGB Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


GIGBBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.56

Sortino ratioReturn per unit of downside risk

-0.64

Omega ratioGain probability vs. loss probability

1.22

1.32

-0.11

Calmar ratioReturn relative to maximum drawdown

1.81

2.46

-0.65

Martin ratioReturn relative to average drawdown

5.60

10.92

-5.32

Dividends

Dividend History

Goldman Sachs Access Investment Grade Corporate Bond ETF provided a 4.60% dividend yield over the last twelve months, with an annual payout of $2.11 per share. The fund has been increasing its distributions for 4 consecutive years.


1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50$2.00201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$2.11$2.17$2.00$1.70$1.38$1.22$1.48$1.70$1.56$0.78

Dividend yield

4.60%4.69%4.45%3.67%3.12%2.25%2.62%3.22%3.31%1.55%

Monthly Dividends

The table displays the monthly dividend distributions for Goldman Sachs Access Investment Grade Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.17$0.16$0.18$0.17$0.17$0.84
2025$0.00$0.18$0.17$0.18$0.20$0.18$0.18$0.18$0.17$0.19$0.18$0.35$2.17
2024$0.00$0.16$0.14$0.16$0.18$0.16$0.16$0.19$0.16$0.18$0.18$0.36$2.00
2023$0.00$0.14$0.11$0.14$0.13$0.12$0.14$0.15$0.14$0.15$0.16$0.31$1.70
2022$0.00$0.11$0.10$0.11$0.11$0.10$0.12$0.12$0.11$0.12$0.13$0.24$1.38
2021$0.00$0.11$0.10$0.11$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.20$1.22

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Goldman Sachs Access Investment Grade Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Goldman Sachs Access Investment Grade Corporate Bond ETF was 22.25%, occurring on Oct 20, 2022. Recovery took 832 trading sessions.

The current Goldman Sachs Access Investment Grade Corporate Bond ETF drawdown is 0.75%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-22.25%Oct 2022
1y 27d3y 4mo
4y 4moSep 2021 - Feb 2026
COVID crash2020
-19.64%Mar 2020
11d2mo 22d
3mo 3dMar 2020 - Jun 2020
2021 pullback2021
-5.78%Mar 2021
2mo 13d4mo 19d
7mo 2dJan 2021 - Aug 2021
Rate-hike selloffLate 2018
-4.30%Nov 2018
10mo 22d2mo 12d
1y 29dJan 2018 - Jan 2019
2020 pullback2020
-2.97%Oct 2020
2mo 24d2mo 1d
4mo 25dAug 2020 - Dec 2020

Drawdown Indicators


GIGBBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-22.25%

-56.78%

+34.53%

Max Drawdown (1Y)

Largest decline over 1 year

-2.87%

-9.10%

+6.23%

Max Drawdown (3Y)

Largest decline over 3 years

-6.69%

-18.90%

+12.21%

Max Drawdown (5Y)

Largest decline over 5 years

-22.25%

-25.43%

+3.18%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.75%

-3.21%

+2.46%

Average Drawdown

Average peak-to-trough decline

-5.59%

-10.71%

+5.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.93%

2.04%

-1.11%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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