Skip to content

GVIPGoldman Sachs Hedge Industry VIP ETF

Grow my money9y track recordRanked #1,030 of 2,999 in this goal

Seeks investment results that closely correspond to the performance of the Goldman Sachs Hedge Fund VIP Index.

By Goldman Sachs · Launched 2016

Annual Cost

0.45%

#2,239 of 5,861 · average

Fund Size

$599M

#1,455 of 5,861 · large

Return (1Y)Goal

+19.5%

Track Record

9 years

#1,468 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$12,162+21.6%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Cap

Multi cap

Strategy

Index tracking

Index tracked

Goldman Sachs Hedge Fund VIP Index

What it actually holds

By weight

Concentration

Top 10 holdings = 22.3% of fundwell diversified

Netflix, Inc.
2.5%
Lumentum Holdings Inc.
2.4%
Applovin Corp.
2.3%
Coupang Inc.
2.2%
DoorDash Inc
2.2%
Sandisk Corporation
2.2%
Uber Technologies Inc
2.2%
GE Vernova Inc.
2.1%
Vertiv Holdings Co
2.1%
Amazon.com, Inc.
2.1%

Asset allocation

Stocks
99.8%
Cash
0.2%

By sector

Technology
37.9%
Financial Services
15.5%
Communication
11.7%
Industrials
11.1%
Consumer Cyclical
9.3%
Healthcare
8.6%
Utilities
5.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
23.3%High

Year-on-year price swings

Max drawdown
-37.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.98Decent risk-adjusted returns
Sortino (3Y)
1.42Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks investment results that closely correspond to the performance of the Goldman Sachs Hedge Fund VIP Index.
Strategy
Invests at least 80% of assets in equity securities expected to influence hedge fund portfolios, focusing on those most frequently held by U.S. hedge fund managers. The Fund aims to track the Goldman Sachs Hedge Fund VIP Index, which is constructed based on hedge fund managers' 13F filings.
Inception date
November 1, 2016
Fund family
Goldman Sachs

What's next?

You've looked at GVIP. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

Data updated on 2026-08-04