Simplify Gamma Emerging Market Bond ETF
$26.37−0.23 (−0.85%)
- Expense ratio
- 0.96%
- Fund size
- $42M
- 1Y return
- +6.2%
- Yield · Last 12 months
- 6.95%
- Holdings
- 44
- Volume · 30D
- 0M sh
- NAV per share
- $26.54
- 52W range
The ETF.net GAEM Grade
Score 37 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 9Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 47Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 64Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 34Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 65Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 34Category rank
Our read on GAEM
DSimplify's counterpunch to index-tracking emerging market bond funds: an active, concentrated book of a few dozen bonds with a declared Latin America tilt, run for total return across dollar and local-currency debt.
The Fund seeks to maximize total return.
Why people hold it
- Actively run and concentrated: a few dozen positions rather than an index's hundreds, spanning both dollar-denominated and local-currency emerging market debt.
- The mandate is written down, not implied: at least 80% of net assets in emerging market debt under normal conditions, with a stated Latin America tilt.simplify.us
- One job in the prospectus: maximize total return. Price moves count the same as coupons, so the manager isn't anchored to the fattest headline yields.simplify.us
Worth knowing
- Fees are the sore spot: 0.96% a year, roughly triple the 0.30% on VanEck's index-based EMLC. Active security picking carries that hurdle.
- Small fund, light trading volume. Bid-ask spreads can run wider than on the category's household-name bond ETFs.
- Launched in 2024, so the record is short, and cash comes out on an irregular schedule rather than a fixed monthly one.
GAEM Holdings
- Bonds
- 44
- 26%
- DOMINICAN REP MIN 12.0 29MAY41 144A
Geography
- Colombia15.64%
- Mexico15.22%
- Argentina13.74%
- Brazil9.95%
- Luxembourg8.00%
- El Salvador7.15%
- Dominican Republic6.33%
- United States4.48%
- 19.49%
Developed 14% · Emerging 86%
GAEM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GAEM |
|---|---|
| Year to date | +4.2% |
| 1 month | −0.4% |
| 3 months | +0.0% |
| 1 year | +6.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GAEM |
|---|---|---|
| 2026 YTD | +4.2% | |
| 2025 | +12.7% | |
| 2024 | +3.7% |
GAEM in the news
ETF.net Research hasn’t filed on GAEM yet — coverage lands here as it’s written.
GAEM Dividends
- 6.95%
- $1.85
- $0.15 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 26, 2026 | Aug 31, 2026 | $0.15 |
| Jul 28, 2026 | Jul 31, 2026 | $0.14 |
| Jun 25, 2026 | Jun 30, 2026 | $0.14 |
| May 26, 2026 | May 29, 2026 | $0.14 |
| Apr 27, 2026 | Apr 30, 2026 | $0.14 |
| Mar 26, 2026 | Mar 31, 2026 | $0.14 |
| Feb 24, 2026 | Feb 27, 2026 | $0.14 |
| Jan 27, 2026 | Jan 30, 2026 | $0.13 |
| Dec 23, 2025 | Dec 31, 2025 | $0.20 |
| Nov 21, 2025 | Nov 28, 2025 | $0.13 |
| Sep 25, 2025 | Sep 30, 2025 | $0.40 |
| Jun 25, 2025 | Jun 30, 2025 | $0.40 |
GAEM Risk
- 4.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.26
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −3.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GAEM Cost
- The middle half of Emerging Markets Bonds (Local Currency) funds
- Median 0.55%
Every other Emerging Markets Bonds (Local Currency) fund charges less.