Goldman Sachs Access Emerging Markets USD Bond ETF
$40.03+0.16 (+0.40%)
- 0.30%
- $34M
- +0.9%
- 6.08%
- 0M sh
- $39.95
- low $39.33high $43.26
The ETF.net GEMD Grade
B
Score 64 out of 100
- 6 of 17
Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A75 out of 100Rank 5 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 15Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C40 out of 100Rank 12 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F23 out of 100Rank 14 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B56 out of 100Rank 10 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C43 out of 100Rank 12 of 17
Our read on GEMD
BEmerging market debt priced in dollars, not local currency: the risk you take is issuer credit, not the peso. Goldman tracks a rules-based index of roughly 150 EM bonds for 0.30% and pays monthly.
The Fund seeks to track the performance of the FTSE Goldman Sachs Emerging Markets USD Bond Index before fees and expenses. It normally invests at least 80% of assets, excluding securities-lending collateral, in securities included in that index.
Why people hold it
- Every bond is dollar denominated, so the exposure hinges on emerging market issuers' credit rather than currency swings against the dollar.
- At 0.30%, it undercuts iShares' EMB, the household name in dollar EM debt, which charges 0.39%.
- Rules, not hunches: at least 80% of assets sit in its FTSE Goldman Sachs index, spread across roughly 150 bonds, with cash paid out monthly.
- What's inside matches what the prospectus promises, with no off-mandate sleeves bolted on.
Worth knowing
- Broad EM equity trackers like VWO and SCHE cost 0.06%. Different asset class, but this sits at the pricier end of the emerging markets aisle.
- It's a small fund and among the thinner traders in its group, which can mean wider bid-ask spreads than the category's giants.
- Launched in 2022, so the operating history is short next to long-running EM bond funds.
GEMD Holdings
- Bonds
- 205
- 11%
- Argentine Republic 4.13% 07/09/2035
Sectors
- Government89.0%
- Corporate11.0%
Geography
- United States99.13%
- Panama0.87%
GEMD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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GEMD$10,091
Returns run to the Oct 12, 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 | GEMD |
|---|---|
| Year to date | −1.9% |
| 1 month | −1.8% |
| 3 months | −3.9% |
| 1 year | +0.9% |
| 3 years | +8.3% |
| 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 | GEMD |
|---|---|---|
| 2026 YTD | −1.9% | |
| 2025 | +13.7% | |
| 2024 | +3.3% | |
| 2023 | +8.5% | |
| 2022 | −15.5% |
GEMD in the news
GEMD Dividends
- 6.08%
- $2.42
- $0.24 per share
- Monthly
Distribution history
GEMD Risk
- 7.4%
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.
- 0.43
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.
- −24.4%
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.
- 1.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GEMD Cost
0.30%
GEMD0.30%
- The middle half of Emerging Markets Bonds (US Dollar) funds
- Median 0.40%
4 of the 17 Emerging Markets Bonds (US Dollar) funds charge less.
Other funds in Emerging Markets Bonds (US Dollar)
- AEMHCState Street SPDR Bloomberg Emerging Markets USD Bond ETFExpense ratio 0.23%1 year return +1.3%
- ABEMBiShares J.P. Morgan Broad USD Emerging Markets Bond ETFExpense ratio 0.15%1 year return +1.2%
- BEMBDGlobal X - Emerging Markets Bond ETFExpense ratio 0.39%1 year return +2.2%
- BJPMBJPMorgan USD Emerging Markets Sovereign Bond ETFExpense ratio 0.39%1 year return +0.9%
- BCEMBiShares J.P. Morgan EM Corporate Bond ETFExpense ratio 0.50%1 year return +1.3%