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ISIN
US38149W8203
CUSIP
38149W820
Inception Date
Nov 6, 2020
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
Solactive Innovative Global Equity Index
Distribution Policy
Distributing
Asset Class
Equity
Assets Under Management
$211M

Share Price Chart


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Performance

GINN Performance Chart

Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) is up 10.1% since the beginning of the year. GINN is currently trading at $80 per share. Investors who bought $1,000 worth of GINN shares 5 years ago would now be looking at an investment worth $1,427.


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S&P 500 Index

Returns By Period

Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) has returned 10.05% so far this year and 28.46% over the past 12 months.


Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF

1D
-0.35%
1M
6.63%
YTD
10.05%
6M
10.24%
1Y
28.46%
3Y*
20.47%
5Y*
7.37%
10Y*

Benchmark (S&P 500 Index)

1D
0.13%
1M
5.25%
YTD
11.16%
6M
11.43%
1Y
28.20%
3Y*
21.12%
5Y*
12.66%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GINN Monthly Returns History

Based on dividend-adjusted daily data since Nov 9, 2020, GINN's average daily return is +0.05%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.

Historically, 57% of months were positive and 43% were negative. The best month was Jan 2023 with a return of +12.8%, while the worst month was Apr 2022 at -12.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, GINN closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +9.5%, while the worst single day was Apr 4, 2025 at -6.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.65%-2.09%-6.11%9.78%6.72%0.53%10.05%
20254.72%-2.43%-6.38%1.07%5.92%6.89%0.99%3.50%4.85%2.45%-1.71%-0.46%20.25%
2024-1.65%6.08%2.49%-5.27%5.04%1.61%1.84%2.33%3.20%-1.14%6.68%-3.19%18.71%
202312.76%-3.34%4.30%-1.90%2.03%5.82%5.25%-4.43%-5.49%-5.47%11.57%7.66%29.94%
2022-8.69%-3.80%1.38%-12.73%-1.89%-8.75%8.61%-4.57%-10.87%4.41%7.67%-6.44%-32.40%
20213.18%1.56%-1.38%4.02%-0.39%5.14%-1.50%3.37%-5.62%5.83%-3.29%-0.30%10.39%

Benchmark Metrics

Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF has an annualized alpha of -5.90%, beta of 1.16, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since November 10, 2020.

  • This ETF participated in 119.72% of S&P 500 Index downside but only 98.79% of its upside - more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -5.90% versus S&P 500 Index - delivering less than market exposure alone would predict.

Alpha
-5.90%
Beta
1.16
0.84
Upside Capture
98.79%
Downside Capture
119.72%

Expense Ratio

GINN has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Risk / Return Rank

GINN ranks 48 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


GINN Risk / Return Rank: 4848
Overall Rank
GINN Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
GINN Sortino Ratio Rank: 5050
Sortino Ratio Rank
GINN Omega Ratio Rank: 4848
Omega Ratio Rank
GINN Calmar Ratio Rank: 4343
Calmar Ratio Rank
GINN Martin Ratio Rank: 4747
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 ETF Trust Goldman Sachs Innovate Equity ETF (GINN) and compare them to S&P 500 Index.


GINNBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.79

2.39

-0.60

Sortino ratio

Return per unit of downside risk

2.48

3.25

-0.78

Omega ratio

Gain probability vs. loss probability

1.31

1.43

-0.13

Calmar ratio

Return relative to maximum drawdown

2.17

3.11

-0.95

Martin ratio

Return relative to average drawdown

7.83

14.38

-6.55

Dividends

Dividend History

Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF provided a 1.15% dividend yield over the last twelve months, with an annual payout of $0.92 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%0.20%0.40%0.60%0.80%1.00%1.20%$0.00$0.20$0.40$0.60$0.80$1.00202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020
Dividend$0.92$0.92$0.77$0.53$0.28$0.41$0.04

Dividend yield

1.15%1.26%1.26%1.01%0.69%0.67%0.07%

Monthly Dividends

The table displays the monthly dividend distributions for Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.92$0.92
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.77$0.77
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.53$0.53
2022$0.00$0.00$0.08$0.00$0.00$0.13$0.00$0.00$0.02$0.00$0.00$0.05$0.28
2021$0.00$0.00$0.05$0.00$0.00$0.10$0.00$0.00$0.19$0.00$0.00$0.07$0.41

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 ETF Trust Goldman Sachs Innovate Equity 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 ETF Trust Goldman Sachs Innovate Equity ETF was 41.25%, occurring on Oct 14, 2022. Recovery took 521 trading sessions.

The current Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF drawdown is 0.35%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-41.25%Oct 2022
11mo 9d2y 29d
3y 3dNov 2021 - Nov 2024
2025 selloff2025
-22.25%Apr 2025
1mo 18d2mo 19d
4mo 7dFeb 2025 - Jun 2025
2026 correction2026
-13.18%Mar 2026
2mo 16d1mo 7d
3mo 23dJan 2026 - May 2026
2021 correction2021
-12.07%Mar 2021
20d3mo 22d
4mo 12dFeb 2021 - Jun 2021
2025 pullback2025
-8.54%Nov 2025
23d1mo 23d
2mo 16dOct 2025 - Jan 2026

Drawdown Indicators


GINNBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-41.25%

-56.78%

+15.53%

Max Drawdown (1Y)

Largest decline over 1 year

-13.18%

-9.10%

-4.08%

Max Drawdown (3Y)

Largest decline over 3 years

-22.25%

-18.90%

-3.35%

Max Drawdown (5Y)

Largest decline over 5 years

-41.25%

-25.43%

-15.82%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.35%

0.00%

-0.35%

Average Drawdown

Average peak-to-trough decline

-13.37%

-10.72%

-2.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.64%

1.97%

+1.67%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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