# Goldman Sachs Global Green Bond UCITS ETF Hedged USD (GSBG) **Page:** https://fundology.uk/fund/gsbg · ISIN IE000REVDBO3 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, GSBG (Goldman Sachs Global Green Bond UCITS ETF Hedged USD, ISIN IE000REVDBO3) closed at $54.14 on the London Stock Exchange. Its ongoing charge is 0.33% a year (about £33 on £10,000). Over the year to 13/11/2026 its total return was −0.6%, or −4.1% after UK CPIH inflation. ## Summary Goldman Sachs Global Green Bond UCITS ETF Hedged USD is an exchange-traded fund (ETF) from Goldman Sachs, launched in 2024. It tracks the Solactive Global Green Bond Select Index - EUR - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.33% a year — about £33 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged to US dollars, not to the pound: it aims to remove most of the effect of exchange-rate moves against US dollars, so a holder who counts in pounds still has currency risk. Latest close: **$54.14** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | GSBG | | ISIN | IE000REVDBO3 | | Category | Corporate & other bonds | | Type | ETF | | Provider | Goldman Sachs | | Tracks | Solactive Global Green Bond Select Index - EUR - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.33% a year (£33 per £10,000) | | Fund size | £3.2m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 29/05/2024 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -0.60% | -4.12% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Goldman Sachs Global Green Bond UCITS ETF Hedged USD in pounds (price only, income paid out not included): 2025 −7.1%; 2026 to 13/11/2026 −2.0%. Returns of Goldman Sachs Global Green Bond UCITS ETF Hedged USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −3.1%; to 30/09/2025: −1.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | -7.1% | -10.3% | Price | | 2026 to 13/11/2026 | -2.0% | -5.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 6.07% | -6.52% | ## Largest fall Volatility of Goldman Sachs Global Green Bond UCITS ETF Hedged USD in pounds, annualised from weekly returns to 13/11/2026: 6.1% over 1 year. Largest fall in the price of Goldman Sachs Global Green Bond UCITS ETF Hedged USD since May 2024, in pounds: −12.3% from 17/01/2025 to 28/08/2026. The lowest 12-month return of Goldman Sachs Global Green Bond UCITS ETF Hedged USD in pounds (price only, income paid out not included) since May 2024 was −9.2% (12 months to 30/01/2026); the highest was +3.6% (12 months to 26/06/2026). On 13/11/2026 the price of Goldman Sachs Global Green Bond UCITS ETF Hedged USD was 10.4% below its highest weekly close since May 2024 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Goldman Sachs Global Green Bond UCITS ETF Hedged USD 0.33% a year. Compared on 14/11/2026, 135 of the 427 other corporate and other bond funds charge more, 1 the same and 291 less (share classes counted once). ## Funds tracking the same index 2 funds track Solactive Global Green Bond Select Index - EUR - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.33% to 0.33% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Goldman Sachs Global Green Bond UCITS ETF - Hedged GBP | 0.33% | -0.1% | — | — | | Goldman Sachs Global Green Bond UCITS ETF Hedged USD (this fund) | 0.33% | -0.6% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.33%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of GSBG?** The ongoing charge of GSBG is 0.33% a year — about £33 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Goldman Sachs Global Green Bond UCITS ETF Hedged USD 0.33% a year. Compared on 14/11/2026, 135 of the 427 other corporate and other bond funds charge more, 1 the same and 291 less (share classes counted once). **What does GSBG track?** GSBG tracks the Solactive Global Green Bond Select Index - EUR - Benchmark TR Net. **Is GSBG accumulating or distributing?** GSBG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual. **What is the ISIN of GSBG?** The ISIN of GSBG is IE000REVDBO3. An ISIN identifies one exact share class of a fund; GSBG is its ticker on the London Stock Exchange. **What were GSBG’s returns in each of the last five years?** Calendar-year returns of GSBG in pounds (price only, income paid out not included): 2025 −7.1%; 2026 to 13/11/2026 −2.0%. Past performance is not a guide to future returns. **How has GSBG done after inflation?** Over the year to 13/11/2026 GSBG’s total return was −0.6%, or −4.1% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.