- ISIN
- US8863648353
- Issuer
- Gotham
- Inception Date
- Dec 28, 2020
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $658M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
GSPY Performance Chart
Gotham Enhanced 500 ETF (GSPY) is up 9.9% since the beginning of the year. GSPY is currently trading at $40 per share. Investors who bought $1,000 worth of GSPY shares 5 years ago would now be looking at an investment worth $1,879.
Loading charts...
Returns By Period
Gotham Enhanced 500 ETF (GSPY) has returned 9.89% so far this year and 27.59% over the past 12 months.
Gotham Enhanced 500 ETF
- 1D
- -0.42%
- 1M
- 0.11%
- YTD
- 9.89%
- 6M
- 9.56%
- 1Y
- 27.59%
- 3Y*
- 21.18%
- 5Y*
- 13.44%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GSPY Monthly Returns History
Based on dividend-adjusted daily data since Dec 29, 2020, GSPY's average daily return is +0.06%, while the average monthly return is +1.24%. At this rate, an investment would double in approximately 4.7 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2026 with a return of +10.1%, while the worst month was Sep 2022 at -9.3%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.
On a daily basis, GSPY closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +9.4%, while the worst single day was Apr 4, 2025 at -5.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.72% | -0.58% | -5.00% | 10.06% | 5.54% | -1.53% | 9.89% | ||||||
| 2025 | 3.04% | -1.11% | -5.56% | -1.36% | 5.99% | 5.55% | 1.82% | 2.59% | 3.30% | 2.26% | 0.23% | 0.71% | 18.28% |
| 2024 | 1.93% | 4.39% | 3.72% | -4.10% | 4.37% | 3.22% | 1.43% | 2.32% | 2.32% | -0.84% | 5.73% | -2.65% | 23.58% |
| 2023 | 6.30% | -2.73% | 3.79% | 1.48% | 0.45% | 6.46% | 3.24% | -1.22% | -4.58% | -1.79% | 8.40% | 4.45% | 26.01% |
| 2022 | -4.47% | -3.06% | 4.14% | -8.30% | 0.27% | -8.27% | 8.53% | -3.59% | -9.33% | 7.99% | 5.83% | -5.96% | -17.07% |
| 2021 | -0.66% | 2.20% | 5.07% | 5.24% | 0.83% | 1.99% | 2.08% | 2.75% | -4.73% | 6.40% | -1.11% | 5.07% | 27.53% |
Benchmark Metrics
Gotham Enhanced 500 ETF has an annualized alpha of 1.71%, beta of 0.97, and R2 of 0.98 versus S&P 500 Index. Calculated based on daily prices since December 29, 2020.
- This ETF captured 101.92% of S&P 500 Index gains but only 95.86% of its losses - a favorable profile for investors.
- With beta of 0.97 and R2 of 0.98, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.71%
- Beta
- 0.97
- R²
- 0.98
- Upside Capture
- 101.92%
- Downside Capture
- 95.86%
Expense Ratio
GSPY has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
GSPY ranks 69 for risk / return — better than 69% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Gotham Enhanced 500 ETF (GSPY) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GSPY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | 2.78 | +0.43 |
| Martin ratioReturn relative to average drawdown | 14.11 | 12.44 | +1.67 |
Dividends
Dividend History
Gotham Enhanced 500 ETF provided a 2.38% dividend yield over the last twelve months, with an annual payout of $0.96 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.96 | $0.96 | $0.27 | $0.28 | $0.26 | $0.06 |
Dividend yield | 2.38% | 2.61% | 0.84% | 1.06% | 1.25% | 0.23% |
Monthly Dividends
The table displays the monthly dividend distributions for Gotham Enhanced 500 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $0.96 | $0.96 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2021 | $0.06 | $0.06 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Gotham Enhanced 500 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 Gotham Enhanced 500 ETF was 23.30%, occurring on Sep 30, 2022. Recovery took 294 trading sessions.
The current Gotham Enhanced 500 ETF drawdown is 1.82%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -23.30%Sep 2022 | 8mo 28d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
2025 selloff2025 | -18.67%Apr 2025 | 1mo 17d | 2mo 19d | 4mo 6dFeb 2025 - Jun 2025 |
2026 pullback2026 | -8.62%Mar 2026 | 1mo 25d | 15d | 2mo 10dFeb 2026 - Apr 2026 |
2024 pullback2024 | -7.95%Aug 2024 | 19d | 25d | 1mo 14dJul 2024 - Aug 2024 |
2025 pullback2025 | -5.23%Nov 2025 | 22d | 20d | 1mo 12dOct 2025 - Dec 2025 |
Drawdown Indicators
| GSPY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.30% | -56.78% | +33.48% |
Max Drawdown (1Y)Largest decline over 1 year | -8.62% | -9.10% | +0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -18.67% | -18.90% | +0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -23.30% | -25.43% | +2.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.82% | -1.80% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -10.71% | +5.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 2.03% | -0.07% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with GSPY
Add Gotham Enhanced 500 ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with GSPY