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
| ISIN | US3814304792 |
|---|---|
| CUSIP | 381430479 |
| Issuer | Goldman Sachs |
| Inception Date | Jun 6, 2017 |
| Region | North America (U.S.) |
| Category | Corporate Bonds |
| Index Tracked | FTSE Goldman Sachs Investment Grade Corporate Bond Index |
| Home Page | www.gsam.com |
| Asset Class | Bond |
Expense Ratio
The Goldman Sachs Access Investment Grade Corporate Bond ETF features an expense ratio of 0.14%, falling within the medium range.
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 -2.85% year-to-date (YTD) and 1.67% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.85% | 5.05% |
| 1 month | -2.17% | -4.27% |
| 6 months | 7.38% | 18.82% |
| 1 year | 1.67% | 21.22% |
| 5 years (annualized) | 0.87% | 11.38% |
| 10 years (annualized) | N/A | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.32% | -1.44% | 1.30% | |||||||||
| 2023 | -2.89% | -1.98% | 6.53% | 4.10% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Goldman Sachs Access Investment Grade Corporate Bond ETF(GIGB)
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 granted a 3.94% dividend yield in the last twelve months. The annual payout for that period amounted to $1.75 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.75 | $1.70 | $1.38 | $1.22 | $1.48 | $1.70 | $1.56 | $0.78 |
Dividend yield | 3.94% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.16 | $0.14 | |||||||||
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 2017 | $0.09 | $0.12 | $0.07 | $0.12 | $0.12 | $0.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 12.55%.
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 2.03%, 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.