Goldman Sachs ActiveBeta Emerging Markets Equity ETF
$51.85−0.95 (−1.80%)
- Expense ratio
- 0.59%
- Fund size
- $1.8B
- 1Y return
- +32.4%
- Yield · Last 12 months
- 1.81%
- Holdings
- 737
- Volume · 30D
- 0.1M sh
- NAV per share
- $51.96
- 52W range
The ETF.net GEM Grade
Score 36 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 18Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 57Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 32Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 75Category rank
Our read on GEM
DGoldman's ActiveBeta recipe on emerging markets: roughly 800 stocks scored on value, momentum, quality and low volatility, then reweighted. Broad enough to look like the market, tilted enough not to be it.
The Fund seeks to closely track, before fees and expenses, the Goldman Sachs ActiveBeta® Emerging Markets Equity Index, which provides exposure to equity securities of emerging-market issuers.
Why people hold it
- Four tilts, not one bet. Every stock is scored on value, momentum, quality and low volatility, so no single style steers the whole portfolio.gsam.com
- About 800 holdings across emerging markets. You get the factor tilt without shrinking down to a narrow sleeve of names.
- Running since 2015 and now a multi-billion-dollar fund with steady day-to-day trading behind it.
Worth knowing
- At 0.59% a year, it charges above the multifactor EM median. EMGF (0.26%) and QEMM (0.30%) run broad factor books for less.
- Tilted by design, so it drifts from plain cap-weighted emerging markets. Expect stretches on both sides of the benchmark.
- Distributions land once or twice a year, not monthly. Lumpy timing if you lean on fund income.
GEM Holdings
- Stocks
- 737
- 38%
- 2330.TW
Sectors
- Technology42.6%
- Financials21.5%
- Consumer Discr.6.8%
- Communication6.0%
- Industrials5.7%
- Materials5.4%
- Health Care3.3%
- Cons. Staples3.1%
- Energy2.9%
- Utilities1.9%
- Real Estate0.8%
Geography
- Taiwan (Province of China)27.22%
- Korea (the Republic of)20.15%
- China18.45%
- India10.91%
- Brazil4.14%
- South Africa3.01%
- Hong Kong1.91%
- Mexico1.74%
- 12.48%
Developed 3% · Emerging 97%
GEM 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 | GEM |
|---|---|
| Year to date | +26.9% |
| 1 month | +3.1% |
| 3 months | −2.4% |
| 1 year | +32.4% |
| 3 years | +24.2% |
| 5 years | +9.4% |
| 10 years | +8.7% |
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 | GEM |
|---|---|---|
| 2026 YTD | +26.9% | |
| 2025 | +33.4% | |
| 2024 | +6.7% | |
| 2023 | +11.8% | |
| 2022 | −21.3% | |
| 2021 | −0.2% | |
| 2020 | +13.2% |
GEM in the news
ETF.net Research hasn’t filed on GEM yet — coverage lands here as it’s written.
GEM Dividends
- 1.81%
- $0.96
- $0.96 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 23, 2025 | Dec 30, 2025 | $0.96 |
| Dec 23, 2024 | Dec 30, 2024 | $0.82 |
| Dec 26, 2023 | Jan 2, 2024 | $0.17 |
| Sep 25, 2023 | Sep 29, 2023 | $0.21 |
| Jun 26, 2023 | Jun 30, 2023 | $0.19 |
| Mar 27, 2023 | Mar 31, 2023 | $0.34 |
| Dec 27, 2022 | Dec 30, 2022 | $0.07 |
| Sep 26, 2022 | Sep 30, 2022 | $0.18 |
| Jun 24, 2022 | Jun 30, 2022 | $0.36 |
| Mar 25, 2022 | Mar 31, 2022 | $0.23 |
| Dec 27, 2021 | Dec 31, 2021 | $0.20 |
| Sep 24, 2021 | Sep 30, 2021 | $0.70 |
GEM Risk
- 14.7%
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.
- 1.16
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.
- −31.4%
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.
- 1.10
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GEM Cost
- The middle half of Emerging Markets Multifactor funds
- Median 0.47%
16 of the 20 Emerging Markets Multifactor funds charge less.