Goldman Sachs India Equity ETF (GIND) Performance

NASDAQ: GINDTotal returns, calendar years, drawdowns and risk since 2025.

GIND total return

Distributions reinvested · as of Oct 23, 2026
YTD
−12.7%
since Dec 31, 2025
1 year
−15.3%
total return
Since first price
−8.7%
since 2025

GIND trailing returns vs SPY, QQQ, AGG

GIND trailing returns
PeriodGIND total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−5.2%−5.9%−1.0%−5.0%+0.9%
3 months−2.1%−2.8%+3.2%+1.9%−0.4%
6 months−4.0%−4.7%+7.8%+8.4%−1.5%
YTD−12.7%−13.3%+12.3%+15.1%−1.0%
1 year−15.3%−15.9%+14.4%+15.9%−1.1%
Since inceptionApr 3, 2025−8.7%−9.3%———

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: GIND vs SPY

GINDS&P 500 (SPY)

From Apr 3, 2025: GIND grew to $9,132, SPY to $14,395.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

GIND returns by calendar year

GINDSPY

2026 is year to date.

GIND annual returns table

GIND calendar-year returns
YearGINDLargest dropSPYQQQAGG
2026YTD−12.7%−19.5%+12.3%+15.1%−1.0%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

GIND largest drawdowns

Now 17.2% below the high
GIND largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Jul 8, 2025−23.0%Mar 30, 2026not yet9 months1.3 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.

GIND risk statistics

GIND risk statistics
StatisticSince 2025
Annualized return−6.7%
Volatility (annualized)15.9%
Sharpe ratio-0.60
Sortino ratio-0.72
Best month+8.5%
Worst month−11.4%
Best 12 months−3.4%
Worst 12 months−11.8%
Positive months47%
Beta vs S&P 500—
Correlation with S&P 500—

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.

GIND rolling returns

GIND rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year7−14.4%−8.9%−3.4%0%

Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.

GIND performance overview

Goldman Sachs India Equity ETF (GIND) returned −15.3% over the past year, with distributions reinvested. Since its first recorded price on Apr 3, 2025 it has returned −8.7%. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −23.0%, from Jul 8, 2025 to Mar 30, 2026; the fund has not yet regained that high. Volatility has been 15.9% a year.

Related: GIND chart, GIND holdings, GIND dividends. See the GIND overview for the latest quote and fund facts.

GIND performance FAQ

What is the GIND return over the past year?

GIND returned −15.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 15.9%.

How much would $10,000 invested in GIND be worth?

$10,000 invested in GIND at its first recorded close on April 3, 2025 would be worth about $9,132 on October 23, 2026 with distributions reinvested.

What is the biggest drawdown of GIND?

The largest peak-to-trough decline was −23.0% between July 8, 2025 and March 30, 2026. It has not yet recovered to that high; it is 17.2% below its peak.

How volatile is GIND?

Over the past history GIND had an annualized volatility of 15.9% and a Sharpe ratio of -0.60 (excess return over 1–3 month T-bills per unit of risk).