Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB)
GIGB is a passive ETF by Goldman Sachs tracking the investment results of the FTSE Goldman Sachs Investment Grade Corporate Bond Index. GIGB launched on Jun 6, 2017 and has a 0.14% expense ratio.
ETF Info
US3814304792
381430479
Jun 6, 2017
North America (U.S.)
1x
FTSE Goldman Sachs Investment Grade Corporate Bond Index
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Access Investment Grade Corporate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Goldman Sachs Access Investment Grade Corporate Bond ETF had a return of 2.09% year-to-date (YTD) and 8.30% in the last 12 months.
GIGB
2.09%
-2.25%
3.10%
8.30%
0.44%
N/A
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of GIGB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.32% | -1.44% | 1.30% | -2.66% | 1.95% | 0.69% | 2.15% | 1.78% | 1.70% | -2.64% | 2.09% | ||
| 2023 | 4.57% | -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% | -5.74% | 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% |
| 2020 | 2.17% | 0.94% | -5.08% | 4.29% | 2.11% | 1.78% | 2.99% | -1.82% | -0.36% | -0.33% | 3.02% | 0.08% | 9.85% |
| 2019 | 2.90% | -0.06% | 2.66% | 0.56% | 1.05% | 2.87% | 0.35% | 3.12% | -0.67% | 0.69% | 0.33% | 0.40% | 15.04% |
| 2018 | -0.92% | -2.02% | 0.52% | -0.83% | 0.47% | -0.71% | 1.21% | 0.23% | -0.32% | -1.54% | -0.40% | 1.59% | -2.75% |
| 2017 | 0.28% | 0.66% | 0.39% | 0.03% | 0.14% | -0.10% | 1.02% | 2.45% |
Expense Ratio
GIGB has an expense ratio of 0.14%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GIGB is 43, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Access Investment Grade Corporate Bond ETF provided a 4.30% dividend yield over the last twelve months, with an annual payout of $1.96 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.96 | $1.70 | $1.38 | $1.22 | $1.47 | $1.69 | $1.56 | $0.78 |
Dividend yield | 4.30% | 3.67% | 3.12% | 2.26% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.16 | $0.14 | $0.16 | $0.18 | $0.16 | $0.16 | $0.19 | $0.16 | $0.18 | $0.18 | $1.65 | |
| 2023 | $0.00 | $0.14 | $0.12 | $0.14 | $0.14 | $0.13 | $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 | $0.11 | $0.10 | $0.10 | $0.10 | $0.20 | $1.22 |
| 2020 | $0.00 | $0.14 | $0.12 | $0.16 | $0.13 | $0.12 | $0.12 | $0.12 | $0.11 | $0.11 | $0.11 | $0.22 | $1.47 |
| 2019 | $0.00 | $0.18 | $0.14 | $0.15 | $0.14 | $0.12 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.27 | $1.69 |
| 2018 | $0.00 | $0.12 | $0.13 | $0.13 | $0.12 | $0.10 | $0.14 | $0.14 | $0.14 | $0.12 | $0.15 | $0.28 | $1.56 |
| 2017 | $0.09 | $0.12 | $0.07 | $0.12 | $0.12 | $0.25 | $0.78 |
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.
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. The portfolio has not yet recovered.
The current Goldman Sachs Access Investment Grade Corporate Bond ETF drawdown is 8.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.25% | Sep 23, 2021 | 272 | Oct 20, 2022 | — | — | — |
| -19.64% | Mar 9, 2020 | 10 | Mar 20, 2020 | 56 | Jun 10, 2020 | 66 |
| -5.78% | Jan 4, 2021 | 52 | Mar 18, 2021 | 96 | Aug 4, 2021 | 148 |
| -4.3% | Jan 2, 2018 | 224 | Nov 20, 2018 | 47 | Jan 31, 2019 | 271 |
| -2.97% | Aug 7, 2020 | 60 | Oct 30, 2020 | 41 | Dec 30, 2020 | 101 |
Volatility
Volatility Chart
The current Goldman Sachs Access Investment Grade Corporate Bond ETF volatility is 1.88%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.