Goldman Sachs Access Investment Grade… (GIGB) Performance
GIGB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.3% since Dec 31, 2025
- 1 year
- −1.8% total return
- 5 years
- −0.1% a year
- Since first price
- +2.2% a year since 2017
GIGB trailing returns vs AGG, TLT, SPY
| Period | GIGB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.7% | −1.9% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.9% | −4.2% | −1.5% | −3.8% | +7.8% |
| YTD | −1.3% | −4.6% | −1.0% | −3.4% | +12.3% |
| 1 year | −1.8% | −6.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +19.4%+6.1%/yr | +4.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | −0.5%−0.1%/yr | −18.5% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionJun 8, 2017 | +22.5%+2.2%/yr | −11.4% | — | — | — |
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: GIGB vs AGG
From Jun 8, 2017: GIGB grew to $12,253, AGG to $11,441.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GIGB returns by calendar year
5 of 8 full years positive. Best 2019 (+15.0%), worst 2022 (−15.8%). 2026 is year to date.
GIGB annual returns table
| Year | GIGB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.3% | −4.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.6% | −2.9% | +7.2% | +4.3% | +17.7% |
| 2024 | +1.7% | −4.0% | +1.3% | −8.1% | +24.9% |
| 2023 | +8.8% | −7.8% | +5.7% | +2.8% | +26.2% |
| 2022 | −15.8% | −20.2% | −13.0% | −31.2% | −18.2% |
| 2021 | −1.6% | −5.4% | −1.8% | −4.6% | +28.7% |
| 2020 | +9.9% | −19.6% | +7.5% | +18.2% | +18.3% |
| 2019 | +15.0% | −2.5% | +8.5% | +14.1% | +31.2% |
| 2018 | −2.8% | −4.0% | +0.1% | −1.6% | −4.6% |
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.
GIGB largest drawdowns
Now 2.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 22, 2021 | −22.2% | Oct 20, 2022 | Feb 17, 2026 | 1.1 years | 4.4 years |
| Mar 6, 2020 | −19.6% | Mar 20, 2020 | Jun 10, 2020 | 14 days | 3 months |
| Dec 31, 2020 | −5.8% | Mar 18, 2021 | Aug 4, 2021 | 3 months | 7 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
GIGB risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +4.9% | −0.5% | +2.0% |
| Volatility (annualized) | 6.6% | 8.3% | 7.3% |
| Sharpe ratio | 0.09 | -0.46 | -0.03 |
| Sortino ratio | 0.14 | -0.60 | -0.04 |
| Best month | +6.5% | +6.5% | +6.5% |
| Worst month | −2.8% | −5.7% | −5.7% |
| Best 12 months | +14.3% | +14.3% | +16.4% |
| Worst 12 months | −2.4% | −19.6% | −19.6% |
| Positive months | 67% | 55% | 59% |
| Beta vs S&P 500 | 0.31 | 0.38 | — |
| Correlation with S&P 500 | 0.59 | 0.71 | — |
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.
GIGB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 101 | −19.6% | +3.5% | +16.4% | 72% |
| 3-year (a year) | 77 | −5.7% | +2.9% | +8.1% | 58% |
| 5-year (a year) | 53 | −0.8% | +0.6% | +2.6% | 75% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
GIGB performance overview
Goldman Sachs Access Investment Grade… (GIGB) returned −1.8% over the past year and −0.1% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +2.2% a year, turning $10,000 into about $12,253. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −22.2%, from Sep 22, 2021 to Oct 20, 2022, and it took 3.3 years to get back to the old high. GIGB finished 5 of its 8 full calendar years with a gain; the best year was 2019 (+15.0%) and the worst 2022 (−15.8%). Volatility has been 7.3% a year.
Related: GIGB chart, GIGB dividends, GIGB bond profile. See the GIGB overview for the latest quote and fund facts.
GIGB performance FAQ
What is the GIGB return over the past year?
GIGB returned −1.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.2%.
What is the average annual return of GIGB?
GIGB has returned −0.1% a year over 5 years, +2.2% a year since June 8, 2017 (total return, distributions reinvested).
How much would $10,000 invested in GIGB be worth?
$10,000 invested in GIGB at its first recorded close on June 8, 2017 would be worth about $12,253 on October 23, 2026 with distributions reinvested.
What was the worst year for GIGB?
The worst calendar year was 2022, with a total return of −15.8%. The best was 2019 at +15.0%.
What is the biggest drawdown of GIGB?
The largest peak-to-trough decline was −22.2% between September 22, 2021 and October 20, 2022. It recovered to the old high on February 17, 2026, 3.3 years after the bottom.
How volatile is GIGB?
Over the past 3 years GIGB had an annualized volatility of 6.6% and a Sharpe ratio of 0.09 (excess return over 1–3 month T-bills per unit of risk).