GBIL — Goldman Sachs Access Treasury 0-1 Year ETF

GBIL Price Performance — Growth of $10,000

Value of a $10,000 investment in GBIL over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

GBIL Drawdown

The "underwater" chart: GBIL's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Goldman Sachs Access Treasury 0-1 Year ETF is a US Government bond fund issued by Goldman Sachs with $7.64 billion in assets under management. It holds a C grade and ranks 11th out of 22 peers in its category, placing it in the middle of the pack for government bond strategies. The fund’s 0.12% expense ratio exceeds the category median of 0.07%, while its 3.67% dividend yield trails the median of 3.84%. Despite the higher cost, the fund maintains significant liquidity with an average daily volume of 603,138 shares. Its top ten holdings comprise 52.4% of assets, with the largest position being the United States of America - Bureau of the Public Debt at 9.3%.

The fund’s price of $99.96 sits at 26.8% of its 52-week range, indicating it is near the lower end of its recent trading band. Short-term returns show acceleration, with the one-month gain of 0.30% expanding to a one-year return of 3.68%. This one-year performance significantly outpaces the category median of -0.09%, highlighting a divergence from peer averages over that horizon. The three-year return of 14.08% suggests a longer-term accumulation of value despite recent volatility. The ETFValuer grade has remained unchanged at C over the last 35 tracked days, reflecting a stable assessment of its current profile. Price history is available for only 3.0 years, limiting the depth of long-term historical analysis.

With a beta of 0.01, the fund exhibits minimal sensitivity to broader market movements, aligning with its classification as a low-volatility instrument. The annualized volatility of 0.20% is labeled Very Low, and the maximum drawdown of -0.76% indicates limited downside severity in the recorded period. However, the Sharpe ratio of -6.61 suggests that risk-adjusted returns have been unfavorable relative to the risk-free rate during the measurement window. Liquidity is moderate, evidenced by a bid/ask spread of 3.06%, which may impact execution costs for larger trades. The combination of near-zero beta and low volatility characterizes a defensive profile, though the negative Sharpe ratio tempers the appeal of its risk metrics.

AI-generated summary based on the data on this page.

GBIL Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 52.4% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how GBIL's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With GBIL

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with GBIL's top 10 — FLKR overlaps most, holding 1 of the same companies as GBIL's top 10 (52.4% of GBIL's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.78% (as of 2026-09-04) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.30 (as of 2026-09-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

GBIL Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 3.06% and average daily volume is 603K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $7.64B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: GBIL is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

GBIL Performance History

How GBIL Compares to Other US Bonds - Government ETFs