Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP)
GTIP is a passive ETF by Goldman Sachs tracking the investment results of the FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index. GTIP launched on Oct 2, 2018 and has a 0.12% expense ratio.
ETF Info
| ISIN | US3814303620 |
|---|---|
| CUSIP | 381430362 |
| Issuer | Goldman Sachs |
| Inception Date | Oct 2, 2018 |
| Region | North America (U.S.) |
| Category | Inflation-Protected Bonds |
| Leveraged | 1x |
| Index Tracked | FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index |
| Home Page | www.gsam.com |
| Asset Class | Bond |
Expense Ratio
GTIP has an expense ratio of 0.12%, which is considered low compared to other funds.
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: GTIP vs. FPEI, GTIP vs. TIP, GTIP vs. SPY, GTIP vs. SCHP, GTIP vs. IUSB, GTIP vs. VTIP
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Access Inflation Protected USD 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 Inflation Protected USD Bond ETF had a return of 3.18% year-to-date (YTD) and 7.14% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.18% | 25.82% |
| 1 month | -1.03% | 3.20% |
| 6 months | 3.61% | 14.94% |
| 1 year | 7.14% | 35.92% |
| 5 years (annualized) | 2.20% | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of GTIP, 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 | 0.30% | -0.92% | 0.74% | -1.73% | 1.76% | 0.86% | 1.66% | 0.83% | 1.52% | -1.85% | 3.18% | ||
| 2023 | 1.94% | -1.20% | 3.04% | -0.01% | -1.20% | -0.26% | -0.04% | -0.77% | -1.91% | -0.68% | 2.63% | 2.43% | 3.88% |
| 2022 | -2.16% | 0.94% | -1.89% | -2.24% | -0.87% | -3.18% | 4.30% | -2.64% | -6.60% | 1.20% | 1.91% | -1.21% | -12.14% |
| 2021 | 0.28% | -1.56% | -0.14% | 1.36% | 1.08% | 0.69% | 2.58% | -0.11% | -0.71% | 1.13% | 0.88% | 0.29% | 5.87% |
| 2020 | 2.19% | 1.01% | -1.92% | 2.97% | 0.74% | 0.91% | 2.28% | 0.90% | -0.33% | -0.63% | 1.12% | 1.17% | 10.83% |
| 2019 | 0.84% | 0.39% | 1.98% | 0.26% | 1.73% | 0.76% | 0.32% | 2.37% | -1.12% | -0.08% | 0.22% | 0.41% | 8.33% |
| 2018 | -0.66% | 0.11% | 0.79% | 0.23% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GTIP is 37, 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 Access Inflation Protected USD Bond ETF (GTIP) 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 Inflation Protected USD Bond ETF provided a 3.25% dividend yield over the last twelve months, with an annual payout of $1.59 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.59 | $1.36 | $3.13 | $2.24 | $0.60 | $1.23 | $0.33 |
Dividend yield | 3.25% | 2.77% | 6.47% | 3.82% | 1.04% | 2.34% | 0.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Access Inflation Protected USD 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.12 | $0.38 | $0.37 | $0.22 | $0.14 | $0.05 | $0.10 | $0.08 | $1.46 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.04 | $0.25 | $0.14 | $0.23 | $0.12 | $0.15 | $0.08 | $0.22 | $0.13 | $1.36 |
| 2022 | $0.00 | $0.18 | $0.10 | $0.39 | $0.40 | $0.62 | $0.22 | $0.50 | $0.65 | $0.00 | $0.00 | $0.08 | $3.13 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.12 | $0.22 | $0.26 | $0.35 | $0.29 | $0.39 | $0.17 | $0.03 | $0.41 | $2.24 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.13 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.13 | $0.08 | $0.60 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.31 | $0.30 | $0.13 | $0.04 | $0.11 | $0.01 | $0.26 | $1.23 |
| 2018 | $0.05 | $0.28 | $0.33 |
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 Access Inflation Protected USD 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 Inflation Protected USD Bond ETF was 14.31%, occurring on Oct 10, 2022. The portfolio has not yet recovered.
The current Goldman Sachs Access Inflation Protected USD Bond ETF drawdown is 6.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.31% | Nov 10, 2021 | 230 | Oct 10, 2022 | — | — | — |
| -10.54% | Mar 9, 2020 | 8 | Mar 18, 2020 | 58 | Jun 10, 2020 | 66 |
| -2.86% | Jan 29, 2021 | 19 | Feb 25, 2021 | 48 | May 5, 2021 | 67 |
| -2.36% | Aug 30, 2019 | 10 | Sep 13, 2019 | 77 | Jan 3, 2020 | 87 |
| -1.47% | Oct 28, 2021 | 3 | Nov 1, 2021 | 5 | Nov 8, 2021 | 8 |
Volatility
Volatility Chart
The current Goldman Sachs Access Inflation Protected USD Bond ETF volatility is 1.18%, 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.