Goldman Sachs Hedge Industry VIP ETF
$170.24−0.84 (−0.49%)
- 0.45%
- $584M
- +14.5%
- 0.30%
- 0M sh
- $172.98
- low $138.73high $192.13
The ETF.net GVIP Grade
D
Score 37 out of 100
- 35 of 43
Score 37 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D35 out of 100Rank 28 of 43Mission
Whether the fund did what it promised, tested against its stated mandate.D31 out of 100Rank 30 of 31Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F24 out of 100Rank 40 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C45 out of 100Rank 23 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B65 out of 100Rank 15 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 19 of 43
Our read on GVIP
DSmart-money cloning, by the rulebook. GVIP holds roughly 50 US stocks that show up most often in the top ten positions of fundamental hedge funds' 13F filings, equal-weighted and refreshed on the quarterly filing cycle.
The Fund seeks to track, before fees and expenses, the performance of the Goldman Sachs Hedge Fund VIP Index.
Why people hold it
- The rulebook is public: 13F holdings ranked by value, the names appearing most often in managers' top ten get selected, equal dollar-weighted at each rebalance.gsam.com
- Equal weighting means a crowded mega-cap and a smaller conviction name start each quarter the same size, so it tracks breadth of hedge fund agreement, not market cap.gsam.com
- Rebalances are keyed to the SEC 13F filing deadline and run quarterly, so the roster turns over with each disclosure cycle instead of sitting static.gsam.com
- Running since 2016, it is a rules-based index wrapper (Solactive calculates the benchmark) rather than a manager making calls week to week.gsam.com
Worth knowing
- At 0.45% it costs many times a plain index tracker such as SCHK (0.03%) or VOOV (0.07%). The fee buys the screen, not the beta.
- 13F snapshots land after the quarter closes and cover long US equity positions. Shorts, hedges and non-US books never make the file.gsam.com
- About 50 names loved by the same crowd is a concentrated book, and it trades lightly next to the broad index giants in its category.
GVIP Holdings
- Stocks
- 51
- 24%
- META
Sectors
- Technology37.7%
- Financials14.5%
- Industrials13.5%
- Communication10.7%
- Consumer Discretionary9.6%
- Health Care8.0%
- Utilities4.4%
- Real Estate1.6%
Geography
- United States86.37%
- Netherlands3.85%
- Taiwan2.33%
- Brazil2.15%
- Uruguay2.13%
- Singapore1.63%
- France1.54%
GVIP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
GVIP$11,454
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GVIP |
|---|---|
| Year to date | +10.4% |
| 1 month | −0.1% |
| 3 months | −5.7% |
| 1 year | +14.5% |
| 3 years | +25.9% |
| 5 years | +11.9% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GVIP |
|---|---|---|
| 2026 YTD | +10.4% | |
| 2025 | +25.3% | |
| 2024 | +29.8% | |
| 2023 | +39.1% | |
| 2022 | −31.9% | |
| 2021 | +11.9% | |
| 2020 | +44.1% |
GVIP in the news
GVIP Dividends
- 0.30%
- $0.52
- $0.52 per share
- Annual
Distribution history
GVIP Risk
- 17.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.17
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −37.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.24
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GVIP Cost
0.45%
GVIP0.45%
- The middle half of Other Major Indexes funds
- Median 0.29%
27 of the 42 Other Major Indexes funds charge less.
Other funds in Other Major Indexes
- DSFYFSoFi Social 50 ETFExpense ratio 0.29%1 year return +22.8%
- DFCFYFirst Trust S&P 500 Diversified Free Cash Flow ETFExpense ratio 0.60%1 year return +16.8%
- DWDAIPacer Funds Trust - Pacer S&P World 3AI Top 300 ETFExpense ratio 0.60%1 year return —
- DGURUGlobal X - Guru Index ETFExpense ratio 0.75%1 year return +15.9%
- DEXEQWedbush ReturnOnLeadership U.S. Large-Cap ETFExpense ratio 0.75%1 year return —