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 (GBIL) operates within the US Bonds - Government category, which ETFValuer currently tracks with 22 funds. Issued by Goldman Sachs, this fund has accumulated assets under management of $7.70 billion and trades at a price of $100.09. It holds an overall rank of #336 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 54.3 out of 100. The fund charges an expense ratio of 0.12% while offering a dividend yield of 3.73%. The substantial asset size relative to the category count suggests significant investor adoption for this short-duration government bond strategy. These metrics collectively define the fund's position as a widely held but moderately rated option within its specific sector.

Over the most recent trading day, the fund posted a return of +0.03%, followed by a weekly gain of +0.04%. Monthly performance accelerated to +0.31%, extending to +0.86% over the three-month period. The six-month return reached +1.72%, while year-to-date gains stood at +1.87%. Annual returns for the past year were recorded at +3.80%, and the three-year return total reached +14.26%. This sequence indicates a consistent positive trajectory across all measured time horizons from one day to three years. The data shows a steady accumulation of value without any negative periods in the provided return history.

GBIL carries a volatility label of Very Low and exhibits a beta of 0.01, indicating minimal correlation with broader market movements. Despite the positive returns, the fund shows a Sharpe ratio of -5.31, which suggests the risk-adjusted return profile is currently unfavorable relative to the risk-free rate or volatility context. The maximum drawdown recorded for the fund is -0.76%, reflecting limited downside erosion during the measurement period. This combination of extremely low beta and very low volatility implies the fund behaves with stability in both up and down markets. However, the negative Sharpe ratio highlights that the returns generated have not sufficiently compensated for the risk taken, even if that risk is minimal.

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.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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 2026-06-01) — 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 3.19% and average daily volume is 728K/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 $7.70B 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