Goldman Sachs Future Health Care Equity ETF (GDOC) Performance
GDOC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.0% since Dec 31, 2025
- 1 year
- +10.5% total return
- 3 years
- +9.4% a year
- Since first price
- −0.9% a year since 2021
GDOC trailing returns vs SPY, QQQ, AGG
| Period | GDOC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.3% | +0.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.2% | +5.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +15.2% | +15.2% | +7.8% | +8.4% | −1.5% |
| YTD | +6.0% | +6.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.5% | +10.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +30.8%+9.4%/yr | +29.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionNov 9, 2021 | −4.4%−0.9%/yr | −5.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GDOC vs SPY
From Nov 9, 2021: GDOC grew to $9,564, SPY to $17,385.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GDOC returns by calendar year
2 of 4 full years positive. Best 2025 (+10.7%), worst 2022 (−17.1%). 2026 is year to date.
GDOC annual returns table
| Year | GDOC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.0% | −14.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.7% | −16.6% | +17.7% | +20.8% | +7.2% |
| 2024 | −1.7% | −13.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +4.6% | −17.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −17.1% | −28.7% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GDOC largest drawdowns
Now 4.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −32.0% | May 11, 2022 | not yet | 6 months | 5.0 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GDOC risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +7.3% | +0.4% |
| Volatility (annualized) | 16.1% | 17.6% |
| Sharpe ratio | 0.24 | -0.10 |
| Sortino ratio | 0.39 | -0.14 |
| Best month | +8.5% | +8.6% |
| Worst month | −7.8% | −14.0% |
| Best 12 months | +22.2% | +22.2% |
| Worst 12 months | −12.8% | −17.1% |
| Positive months | 47% | 47% |
| Beta vs S&P 500 | 0.60 | — |
| Correlation with S&P 500 | 0.47 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GDOC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 48 | −17.1% | +4.3% | +22.2% | 69% |
| 3-year (a year) | 24 | −5.2% | +2.8% | +10.7% | 79% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
GDOC performance overview
Goldman Sachs Future Health Care Equity ETF (GDOC) returned +10.5% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned −0.9% a year, turning $10,000 into about $9,564. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −32.0%, from Nov 9, 2021 to May 11, 2022; the fund has not yet regained that high. GDOC finished 2 of its 4 full calendar years with a gain; the best year was 2025 (+10.7%) and the worst 2022 (−17.1%). Volatility has been 17.6% a year.
Related: GDOC chart, GDOC holdings, GDOC dividends, GDOC valuation. See the GDOC overview for the latest quote and fund facts.
GDOC performance FAQ
What is the GDOC return over the past year?
GDOC returned +10.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.1%.
How much would $10,000 invested in GDOC be worth?
$10,000 invested in GDOC at its first recorded close on November 9, 2021 would be worth about $9,564 on October 23, 2026 with distributions reinvested.
What was the worst year for GDOC?
The worst calendar year was 2022, with a total return of −17.1%. The best was 2025 at +10.7%.
What is the biggest drawdown of GDOC?
The largest peak-to-trough decline was −32.0% between November 9, 2021 and May 11, 2022. It has not yet recovered to that high; it is 4.4% below its peak.
How volatile is GDOC?
Over the past 3 years GDOC had an annualized volatility of 16.1% and a Sharpe ratio of 0.24 (excess return over 1–3 month T-bills per unit of risk).