Goldman Sachs Access Emerging Markets USD Bond ETF
$40.59−0.38 (−0.93%)
- Expense ratio
- 0.30%
- Fund size
- $35M
- 1Y return
- +3.1%
- Yield · Last 12 months
- 5.89%
- Holdings
- 203
- Volume · 30D
- 0M sh
- NAV per share
- $41.08
- 52W range
The ETF.net GEMD Grade
Score 65 of 100 sits in the B 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.AScore 75Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
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.FScore 24Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 56Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 44Category rank
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
- 203
- 10%
- ARGENTINE REPUBLIC 4.13% 07/09/2035
Geography
- United States99.15%
- Panama0.85%
GEMD 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 | GEMD |
|---|---|
| Year to date | +0.2% |
| 1 month | −0.8% |
| 3 months | −2.0% |
| 1 year | +3.1% |
| 3 years | +8.1% |
| 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 | +0.2% | |
| 2025 | +13.7% | |
| 2024 | +3.3% | |
| 2023 | +8.5% | |
| 2022 | −15.5% |
GEMD in the news
ETF.net Research hasn’t filed on GEMD yet — coverage lands here as it’s written.
GEMD Dividends
- 5.89%
- $2.41
- $0.20 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.20 |
| Aug 3, 2026 | Aug 7, 2026 | $0.20 |
| Jul 1, 2026 | Jul 8, 2026 | $0.20 |
| Jun 1, 2026 | Jun 5, 2026 | $0.19 |
| May 1, 2026 | May 7, 2026 | $0.20 |
| Apr 1, 2026 | Apr 8, 2026 | $0.22 |
| Mar 2, 2026 | Mar 6, 2026 | $0.18 |
| Feb 2, 2026 | Feb 6, 2026 | $0.20 |
| Dec 31, 2025 | Jan 7, 2026 | $0.21 |
| Dec 1, 2025 | Dec 5, 2025 | $0.18 |
| Nov 3, 2025 | Nov 7, 2025 | $0.21 |
| Oct 1, 2025 | Oct 7, 2025 | $0.23 |
GEMD Risk
- 7.3%
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.
- 0.46
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
- 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.