Goldman Sachs Hedge Industry VIP ETF (GVIP)

NYSEARCA: GVIP · Real-Time Price · USD
119.72
-2.50 (-2.05%)
Oct 31, 2024, 3:45 PM EDT - Market closed
-2.05%
Assets $313.19M
Expense Ratio 0.45%
PE Ratio 32.55
Shares Out 2.55M
Dividend (ttm) $0.74
Dividend Yield 0.60%
Ex-Dividend Date Dec 26, 2023
Payout Ratio 20.41%
1-Year Return +44.46%
Volume 18,460
Open 120.28
Previous Close 122.22
Day's Range 119.55 - 120.28
52-Week Low 85.73
52-Week High 123.81
Beta 1.09
Holdings 52
Inception Date Nov 1, 2016

About GVIP

Fund Home Page

The Goldman Sachs Hedge Industry VIP ETF (GVIP) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund tracks an equal-weighted index of the 50 most-frequently held US companies selected from the portfolios of hedge funds. GVIP was launched on Nov 1, 2016 and is issued by Goldman Sachs.

Asset Class Equity
Category Large Growth
Region North America
Stock Exchange NYSEARCA
Ticker Symbol GVIP
ETF Provider Goldman Sachs
Index Tracked Goldman Sachs Hedge Fund VIP Index

Top 10 Holdings

23.25% of assets
Name Symbol Weight
GE Vernova Inc. GEV 2.95%
Apollo Global Management, Inc. APO 2.51%
Liberty Broadband Corporation LBRDK 2.39%
SharkNinja, Inc. SN 2.27%
Alibaba Group Holding Limited BABA 2.27%
Fiserv, Inc. FI 2.22%
Caesars Entertainment, Inc. CZR 2.18%
KKR & Co. Inc. KKR 2.16%
NVIDIA Corporation NVDA 2.15%
Spotify Technology S.A. SPOT 2.15%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 26, 2023 $0.74103 Jan 2, 2024
Dec 27, 2022 $0.01007 Jan 3, 2023
Sep 26, 2022 $0.0008 Sep 30, 2022
Dec 24, 2020 $0.00055 Dec 31, 2020
Mar 25, 2020 $0.1115 Mar 31, 2020
Dec 24, 2019 $0.00786 Dec 31, 2019
Full Dividend History

News

GVIP: An Intriguing Hedge Fund Consensus ETF

Goldman Sachs Hedge Industry VIP ETF (GVIP) replicates the top holdings of hedge fund managers. GVIP holds approximately 50 equal-weight positions. GVIP currently mimics a GARP strategy with high sent...

4 months ago - Seeking Alpha

GVIP: Goldman Fund Buying High Conviction Hedge Fund Darlings

The Goldman Sachs Hedge Industry VIP ETF allows retail investors to gain exposure to hedge fund managers' top equity ideas. Hedge funds are required to disclose their positions quarterly through regul...

6 months ago - Seeking Alpha

GVIP: A Portfolio Of Hedge-Fund Favorites With Factor, Performance, And Other Nuances

GVIP is a minimalist passively managed portfolio packed with hedge-fund favorites. GVIP has rather elevated turnover, a fluctuating factor mix that is impossible to even cautiously predict, performanc...

9 months ago - Seeking Alpha

GVIP: A Diversified High Conviction Play For This Stock Picker's Market

The current market conditions present a favorable environment for stock pickers to outperform the stock market. High dispersion and high correlation among stocks increase the chances of active manager...

1 year ago - Seeking Alpha

GVIP: Maybe Useful To Add VIPs During Bull Markets

The Goldman Sachs Hedge Industry VIP ETF tracks the top holdings of hedge funds, offering investors a method to follow high conviction ideas of U.S. hedge funds. The GVIP ETF has historically underper...

1 year ago - Seeking Alpha

Popular hedge fund positions plummet, average fund down 7.3% year-to-date

Hedge funds are seeing many of their most popular positions plummet. CNBC's Leslie Picker joins 'Squawk Box' with the details.

2 years ago - CNBC Television

GVIP: Invest In The Top Hedge Fund Holdings With This ETF

GVIP invests in the most popular hedge fund stocks. The strategy seems to be working, as the fund has outperformed since inception.

3 years ago - Seeking Alpha

Hedge Funds On The Cheap: Goldman Sachs Hedge Industry VIP ETF - GVIP

Hedge Funds On The Cheap: Goldman Sachs Hedge Industry VIP ETF - GVIP

4 years ago - Seeking Alpha

Yes, Transparency Is Still A Good Thing

The SEC proposes that less information is more. It isn't.

Other symbols: GURU
4 years ago - ETFcom