Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN)
GINN is a passive ETF by Goldman Sachs tracking the investment results of the Solactive Innovative Global Equity Index. GINN launched on Nov 6, 2020 and has a 0.50% expense ratio.
ETF Info
| ISIN | US38149W8203 |
|---|---|
| CUSIP | 38149W820 |
| Issuer | Goldman Sachs |
| Inception Date | Nov 6, 2020 |
| Region | Global (Broad) |
| Category | Technology Equities |
| Leveraged | 1x |
| Index Tracked | Solactive Innovative Global Equity Index |
| Asset Class | Equity |
Expense Ratio
GINN features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs ETF Trust Goldman Sachs Innovate Equity 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 ETF Trust Goldman Sachs Innovate Equity ETF had a return of 16.51% year-to-date (YTD) and 31.78% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.51% | 22.49% |
| 1 month | 4.33% | 3.72% |
| 6 months | 15.69% | 16.33% |
| 1 year | 31.78% | 33.60% |
| 5 years (annualized) | N/A | 14.41% |
| 10 years (annualized) | N/A | 11.99% |
Monthly Returns
The table below presents the monthly returns of GINN, 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 | -1.65% | 6.08% | 2.49% | -5.27% | 5.04% | 1.61% | 1.84% | 2.33% | 3.20% | 16.51% | |||
| 2023 | 12.76% | -3.34% | 4.30% | -1.90% | 2.03% | 5.82% | 5.25% | -4.43% | -5.49% | -5.47% | 11.57% | 7.65% | 29.93% |
| 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% |
| 2021 | 3.18% | 1.56% | -1.38% | 4.02% | -0.39% | 5.14% | -1.50% | 3.37% | -5.62% | 5.83% | -3.29% | -0.30% | 10.39% |
| 2020 | 3.53% | 6.09% | 9.84% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GINN is 56, 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 ETF Trust Goldman Sachs Innovate Equity ETF (GINN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF granted a 0.87% dividend yield in the last twelve months. The annual payout for that period amounted to $0.53 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.53 | $0.53 | $0.28 | $0.41 | $0.04 |
Dividend yield | 0.87% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||
| 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 |
| 2020 | $0.04 | $0.04 |
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 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. The portfolio has not yet recovered.
The current Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF drawdown is 4.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.25% | Nov 9, 2021 | 235 | Oct 14, 2022 | — | — | — |
| -12.07% | Feb 16, 2021 | 15 | Mar 8, 2021 | 78 | Jun 28, 2021 | 93 |
| -8.25% | Sep 8, 2021 | 19 | Oct 4, 2021 | 22 | Nov 3, 2021 | 41 |
| -4.53% | Jun 30, 2021 | 13 | Jul 19, 2021 | 26 | Aug 24, 2021 | 39 |
| -3.9% | Jan 26, 2021 | 4 | Jan 29, 2021 | 3 | Feb 3, 2021 | 7 |
Volatility
Volatility Chart
The current Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF volatility is 3.87%, 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.