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 tracks with a total of 22 funds. Issued by Goldman Sachs, this fund has accumulated assets under management of $7.70B while trading at a price of $100.16. It holds an overall rank of #343 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 54.1 out of 100. The fund charges an expense ratio of 0.12% and currently offers a dividend yield of 3.73%. The substantial asset size relative to the category suggests significant investor adoption despite the mid-tier ranking. These metrics collectively define the fund's current market position and cost structure for potential investors.

Over the last day, the fund returned +0.04%, followed by a +0.10% gain over one week and a +0.33% increase over one month. The three-month return accelerated to +0.88%, while the six-month performance reached +1.75%. Year-to-date returns stand at +1.94%, and the one-year return is recorded at +3.84%. Extending the horizon to three years, the fund has generated a cumulative return of +14.24%. This sequence shows a consistent positive trend across all measured periods, with returns generally expanding as the time frame lengthens from daily to multi-year intervals.

GBIL carries a volatility label of Very Low and exhibits a beta of 0.01, indicating minimal correlation with broader market movements. Despite the low volatility, the fund reports a Sharpe ratio of -5.20, which reflects the relationship between its returns and the risk taken over the measured period. The maximum drawdown recorded for the fund is -0.76%, suggesting limited downside severity during market stress. This combination of a near-zero beta and very low volatility implies the fund behaves with stability in both up and down markets. However, the negative Sharpe ratio indicates that the risk-adjusted returns have been unfavorable relative to the volatility experienced. The small maximum drawdown aligns with the fund's classification as a low-volatility instrument within the government bond sector.

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: 4.61% (as of 2026-07-28) — 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): 18.21 (as of 2026-07-28) — 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 0.00% and average daily volume is 718K/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