Goldman Sachs ActiveBeta International Equity… (GSIE) Performance
GSIE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.2% since Dec 31, 2025
- 1 year
- +13.8% total return
- 5 years
- +8.4% a year
- 10 years
- +9.3% a year
- Since first price
- +8.6% a year since 2015
GSIE trailing returns vs SPY, QQQ, AGG
| Period | GSIE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.7% | −1.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.9% | +0.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.4% | +2.5% | +7.8% | +8.4% | −1.5% |
| YTD | +9.2% | +6.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.8% | +10.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +72.5%+19.9%/yr | +58.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +49.9%+8.4%/yr | +29.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +143.6%+9.3%/yr | +86.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionNov 10, 2015 | +146.5%+8.6%/yr | +85.3% | — | — | — |
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: GSIE vs SPY
From Nov 10, 2015: GSIE grew to $24,655, SPY to $43,588.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GSIE returns by calendar year
8 of 10 full years positive. Best 2025 (+32.5%), worst 2022 (−15.9%). 2026 is year to date.
GSIE annual returns table
| Year | GSIE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.2% | −10.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +32.5% | −13.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.2% | −8.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.0% | −11.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −15.9% | −28.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +13.3% | −6.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +7.5% | −34.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +22.8% | −7.3% | +31.2% | +39.0% | +8.5% |
| 2018 | −13.4% | −21.2% | −4.6% | −0.1% | +0.1% |
| 2017 | +26.2% | −2.0% | +21.7% | +32.7% | +3.6% |
| 2016 | +2.4% | −9.6% | +12.0% | +7.1% | +2.4% |
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.
GSIE largest drawdowns
Now 4.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 17, 2020 | −34.6% | Mar 23, 2020 | Nov 16, 2020 | 2 months | 10 months |
| Sep 3, 2021 | −30.0% | Sep 27, 2022 | Mar 7, 2024 | 1.1 years | 2.5 years |
| Jan 26, 2018 | −21.2% | Dec 24, 2018 | Dec 27, 2019 | 11 months | 1.9 years |
| Mar 19, 2025 | −13.1% | Apr 7, 2025 | Apr 28, 2025 | 19 days | 40 days |
| Dec 1, 2015 | −13.1% | Feb 11, 2016 | Apr 19, 2016 | 2 months | 5 months |
| Feb 26, 2026 | −10.8% | Mar 20, 2026 | Jul 6, 2026 | 22 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.
GSIE risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +18.5% | +9.2% | +9.1% | +8.6% |
| Volatility (annualized) | 11.5% | 15.2% | 14.7% | 14.5% |
| Sharpe ratio | 1.16 | 0.42 | 0.51 | 0.50 |
| Sortino ratio | 1.87 | 0.62 | 0.74 | 0.73 |
| Best month | +7.8% | +12.1% | +13.0% | +13.0% |
| Worst month | −7.2% | −9.7% | −14.1% | −14.1% |
| Best 12 months | +34.5% | +34.5% | +46.1% | +46.1% |
| Worst 12 months | +5.2% | −25.4% | −25.4% | −25.4% |
| Positive months | 75% | 65% | 66% | 64% |
| Beta vs S&P 500 | 0.57 | 0.77 | 0.81 | — |
| Correlation with S&P 500 | 0.61 | 0.79 | 0.84 | — |
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.
GSIE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 120 | −25.4% | +11.2% | +46.1% | 74% |
| 3-year (a year) | 96 | −1.9% | +6.5% | +22.0% | 95% |
| 5-year (a year) | 72 | −0.6% | +8.1% | +12.1% | 99% |
| 10-year (a year) | 12 | +8.1% | +9.3% | +10.3% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
GSIE performance overview
Goldman Sachs ActiveBeta International Equity… (GSIE) returned +13.8% over the past year and +9.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +8.6% a year, turning $10,000 into about $24,655. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −34.6%, from Jan 17, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. GSIE finished 8 of its 10 full calendar years with a gain; the best year was 2025 (+32.5%) and the worst 2022 (−15.9%). Volatility has been 14.5% a year.
Related: GSIE chart, GSIE holdings, GSIE dividends. See the GSIE overview for the latest quote and fund facts.
GSIE performance FAQ
What is the GSIE return over the past year?
GSIE returned +13.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.8%.
What is the average annual return of GSIE?
GSIE has returned +8.4% a year over 5 years, +9.3% a year over 10 years, +8.6% a year since November 10, 2015 (total return, distributions reinvested).
How much would $10,000 invested in GSIE be worth?
$10,000 invested in GSIE at its first recorded close on November 10, 2015 would be worth about $24,655 on October 23, 2026 with distributions reinvested.
What was the worst year for GSIE?
The worst calendar year was 2022, with a total return of −15.9%. The best was 2025 at +32.5%.
What is the biggest drawdown of GSIE?
The largest peak-to-trough decline was −34.6% between January 17, 2020 and March 23, 2020. It recovered to the old high on November 16, 2020, 8 months after the bottom.
How volatile is GSIE?
Over the past 3 years GSIE had an annualized volatility of 11.5% and a Sharpe ratio of 1.16 (excess return over 1–3 month T-bills per unit of risk).