GVIP
Goldman Sachs Hedge Industry VIP ETF
The Goldman Sachs Hedge Industry VIP ETF tracks an equal-weighted index of the 50 most-frequently held US companies selected from the portfolios of hedge funds.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 412.4 M
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
| Inception date | Nov 01, 2016 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ECHOSTAR CORP-A | 3.2 % |
| CARVANA CO. CLASS A | 2.6 % |
| ABIVAX SA ADR | 2.5 % |
| WARNER BROS. DISCOVERY, INC. SERIES A | 2.5 % |
| TEVA PHARMACEUTICAL-SP ADR | 2.4 % |
| APPLOVIN CORP. CLASS A | 2.4 % |
| MICRON TECHNOLOGY INC | 2.3 % |
| CAPITAL ONE FINANCIAL CORP | 2.3 % |
| CRH PLC | 2.3 % |
| ALPHABET INC. CLASS A | 2.2 % |
Constituent Breakdown
| Number of holdings | 50 |
| Herfindahl-Hirschman Index | 206 |
| Wgt avg mkt cap (mns) | $601,931 |
| Large cap (>$10bn) | 88.0% |
| Mid cap ($2-10bn) | 2.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 82.4% |
| Emerging mkts. | 7.6% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 74.0 % |
 |
ISRAEL | 4.3 % |
 |
IRELAND | 2.3 % |
 |
TAIWAN | 2.1 % |
 |
ARGENTINA | 2.0 % |
 |
CHINA | 1.9 % |
 |
LUXEMBOURG | 1.8 % |
 |
SOUTH KOREA | 1.7 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 1.0% | 21.7% | 21.7% | 27.4% | 10.4% | -- | -- | 16.0% |
| Dividend Yield | 0.0% | 0.4% | 0.4% | 0.6% | 0.3% | -- | -- | 0.4% |
| Total Returns | 1.0% | 22.1% | 22.1% | 28.0% | 10.7% | -- | -- | 16.4% | Ann. Volatility | 18.5% | 23.6% | 20.4% | 18.7% | 21.1% | -- | -- | 21.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.13 | 86% |
| MSCI EAFE | 1.05 | 54% |
| MSCI Emg Mkts | 0.99 | 57% |
Liquidity Measures
| Avg. volume (000) | 14 |
| ADV traded (mns) | $2 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.20% |
Technical Indicators
| 30d moving avg. (EMA) | $152.92 |
| Relative strength (RSI) | 40 |
| MACD/Signal | -2.29/-1.96 |
| Bollinger Bands (Upper/Lower) | $159.47/$145.14 |
| Short interest (% of AUM) | 0.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GVIP |
Expenses vs. GVIP |
ALTAR Score™ vs. GVIP |
|---|---|---|---|---|
| LOGO | Alpha Brands Consumption Leaders ETF | 29.7% | +24 bp | +0.5% |
| VUSE | Vident U.S. Equity Strategy ETF | 28.0% | +5 bp | +2.1% |
| CGGR | Capital Group Growth ETF | 27.7% | -6 bp | +0.9% |
| FFOG | Franklin Focused Growth ETF | 27.7% | +16 bp | -0.1% |
| XNTK | State Street SPDR NYSE Technology ETF | 27.7% | -10 bp | +1.0% |
| SFYF | SoFi Social 50 ETF | 27.6% | -16 bp | -1.3% |
| BBLU | EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF | 27.5% | -30 bp | +2.2% |
| QGRW | WisdomTree U.S. Quality Growth Fund | 27.4% | -17 bp | +1.4% |
| PWB | Invesco Large Cap Growth ETF | 26.9% | +11 bp | +0.4% |
| AIQ | Global X Artificial Intelligence & Technology ETF | 26.8% | +23 bp | +1.5% |
Risk and Returns: GVIP vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/23/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.0%
ALTAR SCORE™
9th
PERCENTILE
AVOID
ETFRC RATING
There are 1,188 funds in the US Equity category with an average
ALTAR Score™ of 5.8% and a standard deviation
of 2.1%. GVIP's ALTAR Score™ is approximately -1.3 standard
deviations above the category average. This places GVIP in the 9th percentile
among funds in the category.
Sell-Side Consensus
$192.96
PRICE TARGET
+32.1%
UPSIDE