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Goldman Sachs Access Investment Grade Corporate Bo...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3814304792

CUSIP

381430479

Issuer

Goldman Sachs

Inception Date

Jun 6, 2017

Region

North America (U.S.)

Leveraged

1x

Index Tracked

FTSE Goldman Sachs Investment Grade Corporate Bond Index

Home Page

www.gsam.com

Asset Class

Bond

Expense Ratio

GIGB has an expense ratio of 0.14%, which is considered low compared to other funds.


Expense ratio chart for GIGB: current value at 0.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.14%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
GIGB vs. SPBO GIGB vs. AGG GIGB vs. BNDX GIGB vs. BND GIGB vs. LQD GIGB vs. FAGIX GIGB vs. FDHY GIGB vs. GABF GIGB vs. SWVXX
Popular comparisons:
GIGB vs. SPBO GIGB vs. AGG GIGB vs. BNDX GIGB vs. BND GIGB vs. LQD GIGB vs. FAGIX GIGB vs. FDHY GIGB vs. GABF GIGB vs. SWVXX

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.


0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
16.71%
148.61%
GIGB (Goldman Sachs Access Investment Grade Corporate Bond ETF)
Benchmark (^GSPC)

Returns By Period

Goldman Sachs Access Investment Grade Corporate Bond ETF had a return of 2.88% year-to-date (YTD) and 3.61% in the last 12 months.


GIGB

YTD

2.88%

1M

0.77%

6M

2.65%

1Y

3.61%

5Y (annualized)

0.40%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

26.85%

1M

3.07%

6M

10.27%

1Y

27.63%

5Y (annualized)

13.60%

10Y (annualized)

11.35%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.32%-1.44%1.30%-2.66%1.95%0.69%2.15%1.78%1.70%-2.64%1.46%2.88%
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%-5.74%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%
20202.17%0.94%-5.08%4.29%2.11%1.78%2.99%-1.82%-0.36%-0.33%3.02%0.08%9.85%
20192.90%-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%
20170.28%0.66%0.39%0.03%0.14%-0.10%1.02%2.45%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of GIGB is 22, indicating that it is in the bottom 22% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of GIGB is 2222
Overall Rank
The Sharpe Ratio Rank of GIGB is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of GIGB is 2323
Sortino Ratio Rank
The Omega Ratio Rank of GIGB is 2121
Omega Ratio Rank
The Calmar Ratio Rank of GIGB is 1818
Calmar Ratio Rank
The Martin Ratio Rank of GIGB is 2424
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for GIGB, currently valued at 0.54, compared to the broader market0.002.004.000.542.31
The chart of Sortino ratio for GIGB, currently valued at 0.82, compared to the broader market-2.000.002.004.006.008.0010.000.823.11
The chart of Omega ratio for GIGB, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.43
The chart of Calmar ratio for GIGB, currently valued at 0.24, compared to the broader market0.005.0010.0015.000.243.33
The chart of Martin ratio for GIGB, currently valued at 1.80, compared to the broader market0.0020.0040.0060.0080.00100.001.8014.75
GIGB
^GSPC

The current Goldman Sachs Access Investment Grade Corporate Bond ETF Sharpe ratio is 0.54. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Goldman Sachs Access Investment Grade Corporate Bond ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.54
2.31
GIGB (Goldman Sachs Access Investment Grade Corporate Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Goldman Sachs Access Investment Grade Corporate Bond ETF provided a 4.33% dividend yield over the last twelve months, with an annual payout of $1.98 per share. The fund has been increasing its distributions for 2 consecutive years.


1.50%2.00%2.50%3.00%3.50%$0.00$0.50$1.00$1.502017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017
Dividend$1.98$1.70$1.38$1.22$1.47$1.69$1.56$0.78

Dividend yield

4.33%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.16$0.14$0.16$0.18$0.16$0.16$0.19$0.16$0.18$0.18$0.16$1.81
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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.40%
-0.65%
GIGB (Goldman Sachs Access Investment Grade Corporate Bond ETF)
Benchmark (^GSPC)

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 7.40%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.25%Sep 23, 2021272Oct 20, 2022
-19.64%Mar 9, 202010Mar 20, 202056Jun 10, 202066
-5.78%Jan 4, 202152Mar 18, 202196Aug 4, 2021148
-4.3%Jan 2, 2018224Nov 20, 201847Jan 31, 2019271
-2.97%Aug 7, 202060Oct 30, 202041Dec 30, 2020101

Volatility

Volatility Chart

The current Goldman Sachs Access Investment Grade Corporate Bond ETF volatility is 1.54%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.54%
1.89%
GIGB (Goldman Sachs Access Investment Grade Corporate Bond ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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