Goldman Sachs Innovate Equity ETF (GINN) Performance
GINN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.4% since Dec 31, 2025
- 1 year
- +8.0% total return
- 5 years
- +6.0% a year
- Since first price
- +8.9% a year since 2020
GINN trailing returns vs SPY, QQQ, AGG
| Period | GINN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.4% | −2.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.2% | +4.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.2% | +8.2% | +7.8% | +8.4% | −1.5% |
| YTD | +9.4% | +9.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.0% | +6.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +85.6%+22.9%/yr | +79.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +33.9%+6.0%/yr | +28.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionNov 9, 2020 | +66.4%+8.9%/yr | +58.5% | — | — | — |
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: GINN vs SPY
From Nov 9, 2020: GINN grew to $16,637, SPY to $23,240.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GINN returns by calendar year
4 of 5 full years positive. Best 2023 (+29.9%), worst 2022 (−32.4%). 2026 is year to date.
GINN annual returns table
| Year | GINN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.4% | −13.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +20.3% | −22.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +18.7% | −10.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +29.9% | −16.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −32.4% | −37.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +10.4% | −12.1% | +28.7% | +27.4% | −1.8% |
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.
GINN largest drawdowns
Now 4.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 8, 2021 | −41.2% | Oct 14, 2022 | Nov 11, 2024 | 11 months | 3.0 years |
| Feb 18, 2025 | −22.3% | Apr 8, 2025 | Jun 26, 2025 | 49 days | 4 months |
| Jan 12, 2026 | −13.2% | Mar 30, 2026 | May 6, 2026 | 3 months | 4 months |
| Feb 12, 2021 | −12.1% | Mar 8, 2021 | Jun 28, 2021 | 24 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GINN risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +21.6% | +7.2% | +8.7% |
| Volatility (annualized) | 15.5% | 19.1% | 18.3% |
| Sharpe ratio | 1.07 | 0.27 | 0.38 |
| Sortino ratio | 2.03 | 0.41 | 0.58 |
| Best month | +11.6% | +12.8% | +12.8% |
| Worst month | −6.4% | −12.7% | −12.7% |
| Best 12 months | +38.1% | +38.1% | +38.1% |
| Worst 12 months | +6.2% | −35.3% | −35.3% |
| Positive months | 61% | 53% | 54% |
| Beta vs S&P 500 | 1.19 | 1.15 | — |
| Correlation with S&P 500 | 0.95 | 0.94 | — |
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.
GINN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 60 | −35.3% | +16.5% | +38.1% | 73% |
| 3-year (a year) | 36 | −3.0% | +10.5% | +24.9% | 72% |
| 5-year (a year) | 12 | +4.6% | +6.2% | +8.1% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
GINN performance overview
Goldman Sachs Innovate Equity ETF (GINN) returned +8.0% over the past year and +6.0% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +8.9% a year, turning $10,000 into about $16,637. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −41.2%, from Nov 8, 2021 to Oct 14, 2022, and it took 2.1 years to get back to the old high. GINN finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+29.9%) and the worst 2022 (−32.4%). Volatility has been 18.3% a year.
Related: GINN chart, GINN holdings, GINN dividends, GINN valuation. See the GINN overview for the latest quote and fund facts.
GINN performance FAQ
What is the GINN return over the past year?
GINN returned +8.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.7%.
What is the average annual return of GINN?
GINN has returned +6.0% a year over 5 years, +8.9% a year since November 9, 2020 (total return, distributions reinvested).
How much would $10,000 invested in GINN be worth?
$10,000 invested in GINN at its first recorded close on November 9, 2020 would be worth about $16,637 on October 23, 2026 with distributions reinvested.
What was the worst year for GINN?
The worst calendar year was 2022, with a total return of −32.4%. The best was 2023 at +29.9%.
What is the biggest drawdown of GINN?
The largest peak-to-trough decline was −41.2% between November 8, 2021 and October 14, 2022. It recovered to the old high on November 11, 2024, 2.1 years after the bottom.
How volatile is GINN?
Over the past 3 years GINN had an annualized volatility of 15.5% and a Sharpe ratio of 1.07 (excess return over 1–3 month T-bills per unit of risk).