GVIP Performance — Goldman Sachs Hedge Industry VIP ETF
Data updated: 2026-07-24
GVIP returned +16.01% year to date and +38.41% over one year to May 2026. Annualised returns are +31.41% over 3 years and +13.01% over 5 years. The fund beat its Alternative category average: $100 invested three years ago grew to $227, against $185 for the category, and to $138 over one year, against $128. Volatility over the past three years was 16.41% a year. In the 12 months to May 2026 the fund took in a net $167.9M, and assets reached $569.67M.
GVIP Growth of $100
What $100 invested in Goldman Sachs Hedge Industry VIP ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | GVIP | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $138 | $128 |
| 3 years (Jun 2023 – May 2026) | $227 | $185 |
| 5 years (Jun 2021 – May 2026) | $184 | $150 |
| Since data start (Sep 2019 – May 2026) | $321 | $185 |
GVIP Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.01% |
| 1 year | +38.41% |
| 3 years (annualised) | +31.41% |
| 5 years (annualised) | +13.01% |
GVIP Annual Returns
Calendar-year total returns of Goldman Sachs Hedge Industry VIP ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +16.01% |
| 2025 | +25.06% |
| 2024 | +29.80% |
| 2023 | +39.03% |
| 2022 | −31.85% |
| 2021 | +11.85% |
| 2020 | +44.14% |
| 2019 (Sep–Dec) | +11.73% |
GVIP Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.7% | −1.3% | −7.0% | +14.5% | +7.5% | — | — | — | — | — | — | — |
| 2025 | +4.7% | −1.0% | −8.4% | +2.1% | +8.0% | +6.3% | +2.0% | +1.7% | +6.8% | +1.2% | −0.8% | +0.8% |
| 2024 | +3.9% | +5.8% | +3.6% | −3.6% | +4.1% | +0.9% | +0.7% | +4.4% | +2.9% | −0.1% | +7.2% | −2.8% |
| 2023 | +10.4% | −1.5% | +1.9% | +0.6% | +3.4% | +6.4% | +4.8% | −0.6% | −3.7% | −2.5% | +11.5% | +3.9% |
| 2022 | −8.1% | −2.8% | +1.0% | −11.3% | −4.2% | −10.1% | +9.7% | −2.2% | −8.9% | +4.7% | +3.6% | −6.7% |
| 2021 | −1.9% | +6.8% | −1.3% | +4.9% | −0.2% | +2.9% | −0.2% | +1.7% | −4.5% | +3.8% | −1.1% | +0.9% |
| 2020 | +2.3% | −6.0% | −16.3% | +14.0% | +10.6% | +2.3% | +7.7% | +12.2% | −2.5% | −2.4% | +13.8% | +6.1% |
| 2019 | — | — | — | — | — | — | — | — | −2.0% | +3.6% | +5.7% | +4.1% |
GVIP Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 16.41%
- 3-year Sharpe ratio: 1.64 (vs 4.5% risk-free rate)
- Best month: +14.54% (Apr 2026)
- Worst month: −8.36% (Mar 2025)
GVIP Fund Flows
Monthly money in and out of Goldman Sachs Hedge Industry VIP ETF, from SEC Form N-PORT.
- 12-month net flow: $167.9M
- 12-month gross sales (incl. reinvestments): $510.0M
- Sales ÷ redemptions: 1.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $113.1M | $88.9M | $24.2M |
| Apr 2026 | $11.5M | $0 | $11.5M |
| Mar 2026 | $11.4M | $3.8M | $7.6M |
| Feb 2026 | $178.1M | $110.8M | $67.4M |
| Jan 2026 | $11.7M | $0 | $11.7M |
| Dec 2025 | $11.6M | $0 | $11.6M |
| Nov 2025 | $72.6M | $71.0M | $1.6M |
| Oct 2025 | $15.5M | $3.9M | $11.6M |
| Sep 2025 | $7.5M | $0 | $7.5M |
| Aug 2025 | $59.5M | $60.4M | −$857K |
| Jul 2025 | $14.0M | $0 | $14.0M |
| Jun 2025 | $3.4M | $3.3M | $112K |
GVIP Assets Under Management
Net assets of Goldman Sachs Hedge Industry VIP ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $569.67M |
| 2026-02-28 | $454.50M |
| 2025-11-30 | $423.19M |
| 2025-08-31 | $372.96M |
| 2025-05-31 | $325.14M |
| 2025-02-28 | $331.14M |
| 2024-11-30 | $323.35M |
| 2024-08-31 | $287.58M |
| 2024-05-31 | $221.80M |
| 2024-02-29 | $171.30M |
| 2023-11-30 | $151.06M |
| 2023-08-31 | $142.16M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.