Goldman Sachs Hedge Industry VIP ETF (GVIP)
GVIP is a passive ETF by Goldman Sachs tracking the investment results of the Goldman Sachs Hedge Fund VIP Index. GVIP launched on Nov 1, 2016 and has a 0.45% expense ratio.
ETF Info
US3814305450
381430545
Nov 1, 2016
North America (U.S.)
1x
Goldman Sachs Hedge Fund VIP Index
Large-Cap
Growth
Expense Ratio
GVIP features an expense ratio of 0.45%, 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 Hedge Industry VIP 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 Hedge Industry VIP ETF had a return of 33.00% year-to-date (YTD) and 33.36% in the last 12 months.
GVIP
33.00%
-0.15%
14.88%
33.36%
15.11%
N/A
^GSPC (Benchmark)
26.63%
1.18%
10.44%
27.03%
13.30%
11.23%
Monthly Returns
The table below presents the monthly returns of GVIP, 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 | 4.09% | 5.84% | 3.49% | -3.66% | 4.16% | 0.84% | 0.56% | 4.36% | 3.08% | 0.09% | 7.06% | 33.00% | |
| 2023 | 10.36% | -1.21% | 1.73% | 0.66% | 3.49% | 6.44% | 4.58% | -0.41% | -3.81% | -2.49% | 11.53% | 3.86% | 39.15% |
| 2022 | -8.17% | -2.79% | 1.27% | -11.62% | -4.10% | -10.33% | 9.95% | -2.07% | -8.98% | 4.55% | 3.48% | -6.60% | -31.95% |
| 2021 | -1.58% | 6.44% | -1.28% | 4.88% | -0.20% | 2.99% | -0.31% | 1.83% | -4.46% | 3.69% | -1.15% | 0.94% | 11.86% |
| 2020 | 2.38% | -6.41% | -16.00% | 14.07% | 10.55% | 2.35% | 7.38% | 12.62% | -2.41% | -2.94% | 13.95% | 6.27% | 44.12% |
| 2019 | 10.73% | 2.92% | 1.42% | 6.29% | -8.84% | 6.44% | 0.36% | -2.35% | -2.19% | 3.35% | 5.92% | 4.08% | 30.21% |
| 2018 | 6.85% | -2.54% | -2.85% | -1.61% | 4.46% | 0.48% | 2.29% | 2.43% | 0.71% | -8.07% | 1.61% | -9.54% | -6.85% |
| 2017 | 3.88% | 3.28% | 0.72% | 2.21% | 1.86% | 1.13% | 4.21% | 0.92% | 1.38% | 2.94% | -0.19% | 0.93% | 25.79% |
| 2016 | 7.27% | 0.65% | 7.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 85, GVIP is among the top 15% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Hedge Industry VIP ETF (GVIP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Hedge Industry VIP ETF provided a 0.86% dividend yield over the last twelve months, with an annual payout of $1.10 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.10 | $0.74 | $0.01 | $0.00 | $0.11 | $0.49 | $0.22 | $0.24 | $0.04 |
Dividend yield | 0.86% | 0.77% | 0.02% | 0.00% | 0.12% | 0.77% | 0.44% | 0.45% | 0.08% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Hedge Industry VIP 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 | $0.36 | $0.36 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 |
| 2019 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.01 | $0.49 |
| 2018 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.22 |
| 2017 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2016 | $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 Hedge Industry VIP 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 Hedge Industry VIP ETF was 37.09%, occurring on Oct 14, 2022. Recovery took 344 trading sessions.
The current Goldman Sachs Hedge Industry VIP ETF drawdown is 1.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.09% | Nov 17, 2021 | 229 | Oct 14, 2022 | 344 | Feb 29, 2024 | 573 |
| -36.63% | Feb 20, 2020 | 20 | Mar 18, 2020 | 85 | Jul 20, 2020 | 105 |
| -21.48% | Sep 21, 2018 | 65 | Dec 24, 2018 | 73 | Apr 10, 2019 | 138 |
| -10.25% | Jul 17, 2024 | 14 | Aug 5, 2024 | 10 | Aug 19, 2024 | 24 |
| -9.91% | May 1, 2019 | 23 | Jun 3, 2019 | 38 | Jul 26, 2019 | 61 |
Volatility
Volatility Chart
The current Goldman Sachs Hedge Industry VIP ETF volatility is 5.17%, 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.