Goldman Sachs ETF Trust II (GXUS) Performance
GXUS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.4% since Dec 31, 2025
- 1 year
- +14.7% total return
- 3 years
- +20.3% a year
- Since first price
- +15.5% a year since 2023
GXUS trailing returns vs SPY, QQQ, AGG
| Period | GXUS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.8% | −4.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.2% | −1.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.6% | +0.9% | +7.8% | +8.4% | −1.5% |
| YTD | +11.4% | +9.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.7% | +11.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +73.9%+20.3%/yr | +60.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJun 7, 2023 | +62.7%+15.5%/yr | +48.8% | — | — | — |
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: GXUS vs SPY
From Jun 7, 2023: GXUS grew to $16,275, SPY to $18,608.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GXUS returns by calendar year
2 of 2 full years positive. Best 2025 (+31.5%), worst 2024 (+4.6%). 2026 is year to date.
GXUS annual returns table
| Year | GXUS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.4% | −11.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +31.5% | −13.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +4.6% | −9.0% | +24.9% | +25.6% | +1.3% |
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.
GXUS largest drawdowns
Now 6.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 26, 2024 | −13.9% | Apr 8, 2025 | May 2, 2025 | 6 months | 7 months |
| Jul 31, 2023 | −12.2% | Oct 27, 2023 | Dec 26, 2023 | 3 months | 5 months |
| Feb 25, 2026 | −11.5% | Mar 30, 2026 | May 6, 2026 | 33 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GXUS risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +20.1% | +16.6% |
| Volatility (annualized) | 12.2% | 12.6% |
| Sharpe ratio | 1.21 | 0.93 |
| Sortino ratio | 2.10 | 1.54 |
| Best month | +8.2% | +8.2% |
| Worst month | −8.1% | −8.1% |
| Best 12 months | +38.6% | +38.6% |
| Worst 12 months | +4.6% | +4.6% |
| Positive months | 69% | 67% |
| Beta vs S&P 500 | 0.68 | — |
| Correlation with S&P 500 | 0.69 | — |
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.
GXUS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 29 | +4.6% | +18.6% | +38.6% | 100% |
| 3-year (a year) | 5 | +16.6% | +19.3% | +20.2% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
GXUS performance overview
Goldman Sachs ETF Trust II (GXUS) returned +14.7% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +15.5% a year, turning $10,000 into about $16,275. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −13.9%, from Sep 26, 2024 to Apr 8, 2025, and it took 24 days to get back to the old high. Volatility has been 12.6% a year.
Related: GXUS chart, GXUS holdings, GXUS dividends. See the GXUS overview for the latest quote and fund facts.
GXUS performance FAQ
What is the GXUS return over the past year?
GXUS returned +14.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.7%.
How much would $10,000 invested in GXUS be worth?
$10,000 invested in GXUS at its first recorded close on June 7, 2023 would be worth about $16,275 on October 23, 2026 with distributions reinvested.
What was the worst year for GXUS?
The worst calendar year was 2024, with a total return of +4.6%. The best was 2025 at +31.5%.
What is the biggest drawdown of GXUS?
The largest peak-to-trough decline was −13.9% between September 26, 2024 and April 8, 2025. It recovered to the old high on May 2, 2025, 24 days after the bottom.
How volatile is GXUS?
Over the past 3 years GXUS had an annualized volatility of 12.2% and a Sharpe ratio of 1.21 (excess return over 1–3 month T-bills per unit of risk).