Performance analysis of GVIP (GOLDMAN SACHS HEDGE INDUSTRY VIP ETF)
Annual Return
Over the past 3 years, GVIP has had an average annual return of +27.05%, outperforming the benchmark SPY, which returned +19.63% annual.
Over the past 5 years, GVIP has had an average annual return of +12.10%, underperforming the benchmark SPY, which returned +12.73% annual.
Since Nov 3, 2016, GVIP has had an average annual return of +17.24%, outperforming the benchmark SPY, which returned +15.88% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +14.69% | +25.27% | +29.81% | +39.15% | -31.95% | +11.86% | +44.11% | +30.21% | -6.85% | +25.78% | +7.97% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.58% | -1.57% | -6.83% | +14.66% | +7.38% | +5.18% | -5.85% | +14.69% | |||||
| 2025 | +4.75% | -1.13% | -8.26% | +2.17% | +8.06% | +6.32% | +1.90% | +1.70% | +6.88% | +1.30% | -0.90% | +1.02% | +25.27% |
| 2024 | +4.08% | +5.84% | +3.49% | -3.66% | +4.16% | +0.84% | +0.56% | +4.36% | +3.08% | +0.09% | +7.06% | -2.93% | +29.81% |
| 2023 | +10.36% | -1.21% | +1.73% | +0.66% | +3.49% | +6.45% | +4.58% | -0.42% | -3.81% | -2.49% | +11.52% | +3.86% | +39.15% |
| 2022 | -8.17% | -2.79% | +1.27% | -11.62% | -4.10% | -10.33% | +9.95% | -2.06% | -8.98% | +4.55% | +3.48% | -6.59% | -31.95% |
| 2021 | -1.58% | +6.44% | -1.27% | +4.88% | -0.20% | +3% | -0.31% | +1.83% | -4.46% | +3.69% | -1.15% | +0.94% | +11.86% |
| 2020 | +2.39% | -6.41% | -16.01% | +14.07% | +10.56% | +2.35% | +7.38% | +12.62% | -2.41% | -2.94% | +13.95% | +6.27% | +44.11% |
| 2019 | +10.73% | +2.93% | +1.42% | +6.29% | -8.85% | +6.44% | +0.36% | -2.35% | -2.18% | +3.34% | +5.92% | +4.08% | +30.21% |
| 2018 | +6.86% | -2.54% | -2.85% | -1.61% | +4.46% | +0.48% | +2.29% | +2.43% | +0.71% | -8.07% | +1.61% | -9.55% | -6.85% |
| 2017 | +3.87% | +3.28% | +0.72% | +2.21% | +1.86% | +1.14% | +4.20% | +0.92% | +1.39% | +2.93% | -0.19% | +0.93% | +25.78% |
Drawdown analysis of GVIP (GOLDMAN SACHS HEDGE INDUSTRY VIP ETF)
The maximum drawdown for the GVIP was -37.10%, occurring on Oct 14, 2022. Recovery took 344 trading sessions.
The current GVIP drawdown is -7.34%.
Since Nov 3, 2016 GVIP has experienced the following drawdowns:
- 30% or more: 2 times
- 20% or more: 4 times
- 10% or more: 7 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.10% | Nov 16, 2021 | 229 | Oct 14, 2022 | 344 | Feb 29, 2024 | 573 |
| -36.63% | Feb 19, 2020 | 20 | Mar 18, 2020 | 85 | Jul 20, 2020 | 105 |
| -23.29% | Feb 14, 2025 | 36 | Apr 8, 2025 | 54 | Jun 26, 2025 | 90 |
| -21.48% | Sep 20, 2018 | 65 | Dec 24, 2018 | 73 | Apr 10, 2019 | 138 |
| -13.67% | Feb 2, 2026 | 39 | Mar 30, 2026 | 10 | Apr 14, 2026 | 49 |
| -10.25% | Jul 16, 2024 | 14 | Aug 5, 2024 | 10 | Aug 19, 2024 | 24 |
| -10.02% | Jun 22, 2026 | 19 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -9.91% | Apr 30, 2019 | 23 | Jun 3, 2019 | 38 | Jul 26, 2019 | 61 |
| -9.66% | Jan 26, 2018 | 9 | Feb 8, 2018 | 21 | Mar 12, 2018 | 30 |
| -9.55% | Jul 26, 2019 | 47 | Oct 2, 2019 | 33 | Nov 18, 2019 | 80 |
| -9.08% | Mar 12, 2018 | 14 | Apr 2, 2018 | 54 | Jun 18, 2018 | 68 |
| -8.76% | Sep 2, 2020 | 6 | Sep 11, 2020 | 22 | Oct 13, 2020 | 28 |
| -7.58% | Oct 13, 2020 | 13 | Oct 30, 2020 | 4 | Nov 5, 2020 | 17 |
| -7.24% | Oct 29, 2025 | 16 | Nov 20, 2025 | 13 | Dec 10, 2025 | 29 |
| -7.10% | Feb 16, 2021 | 14 | Mar 8, 2021 | 23 | Apr 9, 2021 | 37 |
| -7.04% | Apr 29, 2021 | 9 | May 12, 2021 | 29 | Jun 23, 2021 | 38 |
| -6.65% | Jun 4, 2026 | 4 | Jun 10, 2026 | 3 | Jun 15, 2026 | 7 |
| -6.43% | Mar 21, 2024 | 20 | Apr 19, 2024 | 14 | May 9, 2024 | 34 |
| -5.93% | Jan 20, 2021 | 5 | Jan 27, 2021 | 4 | Feb 2, 2021 | 9 |
| -5.78% | Sep 1, 2021 | 22 | Oct 4, 2021 | 11 | Oct 19, 2021 | 33 |
| -4.93% | Aug 30, 2024 | 4 | Sep 6, 2024 | 8 | Sep 18, 2024 | 12 |
| -4.72% | Dec 11, 2025 | 4 | Dec 17, 2025 | 12 | Jan 6, 2026 | 16 |
| -4.59% | Dec 4, 2024 | 10 | Dec 18, 2024 | 19 | Jan 17, 2025 | 29 |
| -4.59% | Jan 23, 2025 | 2 | Jan 27, 2025 | 10 | Feb 10, 2025 | 12 |
| -4.31% | May 11, 2026 | 6 | May 19, 2026 | 4 | May 26, 2026 | 10 |