GVIPGoldman Sachs Hedge Industry VIP ETF

Grow my money9y track recordRanked #1,041 of 2,966 in this goal

Seeks to provide investment results that closely correspond to the performance of the Index.

By Goldman Sachs · Launched 2016

Annual Cost

0.45%

#2,223 of 5,568 · average

Fund Size

$570M

#1,467 of 5,568 · large

Return (1Y)Goal

+40.2%

Track Record

9 years

#1,496 of 5,568 · established

Performance

Total-return NAV · USD

Growth of $10,000

$14,021+40.2%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Index tracked

Goldman Sachs Hedge Fund VIP Index

What it actually holds

By weight

Concentration

Top 10 holdings = 21.8% of fund✓ well diversified

Broadcom Inc

2.3%

Carvana Co

2.3%

Natera Inc

2.3%

Alphabet Inc

2.3%

Abivax SA

2.2%

CRH PLC

2.1%

Talen Energy Corp

2.1%

EchoStar Corp

2.1%

First Solar Inc

2.1%

Insmed Inc

2.1%

Asset allocation

Stocks

99.8%

Cash

0.2%

By sector

Technology

34.8%

Financial Services

16.0%

Communication

13.7%

Industrials

11.0%

Consumer Cyclical

10.0%

Healthcare

8.2%

Utilities

6.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

19.8%Moderate

Year-on-year price swings

Max drawdown

-37.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.29Strong risk-adjusted returns

Sortino (3Y)

1.89Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that closely correspond to the performance of the Index.
Strategy: Invests at least 80% of assets in securities included in the underlying index and depositary receipts representing those securities. The Index delivers exposure to equity securities expected to influence hedge fund long portfolios, based on the top ten equity holdings of U.S. hedge fund managers. The Index is reconstituted quarterly based on 13F filings.
Inception date: November 1, 2016
Fund family: Goldman Sachs