GMO Systematic Investment Grade Credit ETF (INVG) Performance
INVG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.9% since Dec 31, 2025
- 1 year
- −1.4% total return
- Since first price
- +3.7% since 2025
INVG trailing returns vs SPY, QQQ, AGG
| Period | INVG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.5% | −1.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.4% | −3.8% | +7.8% | +8.4% | −1.5% |
| YTD | −0.9% | −4.3% | +12.3% | +15.1% | −1.0% |
| 1 year | −1.4% | −6.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 4, 2025 | +3.7% | −2.6% | — | — | — |
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: INVG vs SPY
From Jun 4, 2025: INVG grew to $10,372, SPY to $12,964.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
INVG returns by calendar year
2026 is year to date.
INVG annual returns table
| Year | INVG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −0.9% | −4.5% | +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
Most years include a sizable fall at some point even when the year ends higher.
INVG risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +0.2% |
| Volatility (annualized) | 4.3% |
| Sharpe ratio | -0.80 |
| Sortino ratio | -0.87 |
| Best month | +1.6% |
| Worst month | −2.9% |
| Best 12 months | +4.5% |
| Worst 12 months | −2.4% |
| Positive months | 73% |
| 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.
INVG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 5 | −2.4% | +2.1% | +4.5% | 60% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
INVG performance overview
GMO Systematic Investment Grade Credit ETF (INVG) returned −1.4% over the past year, with distributions reinvested. Since its first recorded price on Jun 4, 2025 it has returned +3.7%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: INVG chart, INVG dividends. See the INVG overview for the latest quote and fund facts.
INVG performance FAQ
What is the INVG return over the past year?
INVG returned −1.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.0%.
How much would $10,000 invested in INVG be worth?
$10,000 invested in INVG at its first recorded close on June 4, 2025 would be worth about $10,372 on October 23, 2026 with distributions reinvested.
How volatile is INVG?
Over the past history INVG had an annualized volatility of 4.3% and a Sharpe ratio of -0.80 (excess return over 1–3 month T-bills per unit of risk).