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GSEE

GradeBChicago Board Options Exchange

Goldman Sachs MarketBeta Emerging Markets Equity ETF

Broad Stock Market · Goldman · Inception 2020-05-12 · SEC filings

$70.14−1.01 (−1.43%)

As of Sep 23, 2026, 12:05 PM EDT

Intraday session: down, 5 prints from 71.16 to 70.14. Range 70.14 to 70.75. Use the arrow keys to read each point.$70.40$70.60$70.8010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$140M
1Y return
+31.5%
Yield · Last 12 months
2.00%
Holdings
1808
Volume · 30D
0M sh
NAV per share
$69.91
52W range
low $54.34high $74.01

The ETF.net GSEE Grade

B

64/ 100

Rank 9 of 22 in Emerging Markets Stocks⁠

Confidence High

Six-pillar profile for GSEE. Scores out of 100: Cost 64, Risk 60, Mission 100, Tradability 12, Holdings 65, Durability 55. Strongest: Mission (100). Weakest: Tradability (12). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 64 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.
    BScore 64
    Category rank8/22 · top 36%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank4/17 · top 24%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 60
    Category rank4/22 · top 18%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 12
    Category rank21/22 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank8/19 · top 42%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 55
    Category rank12/22 · mid-pack

Graded as of Sep 22, 2026

Our read on GSEE

ETF.net Research

BGoldman's no-frills take on emerging markets: roughly 2,000 large and mid caps, China included, tracked closely for a fee that sits under the category norm. No factor tilts, no country carve-outs, just the whole asset class in one line.

Stated mandate

The Fund seeks to track, before fees and expenses, the performance of the Solactive GBS Emerging Markets Large & Mid Cap Index.

Why people hold it

  1. 01About 2,000 stocks across the emerging world, so any single company or country is a small slice of the whole.
  2. 020.45% a year, a shade below the typical fee among emerging-market index funds.
  3. 03Hews very tightly to the Solactive GBS Emerging Markets Large & Mid Cap Index, one of the stronger tracking jobs in its peer group.
  4. 04Keeps China in the index while several top-rated rivals (XCEM, VEXC) strip it out. This is the undiluted version of the asset class.

Worth knowing

  1. 01Thinly traded next to the category's household names, so spreads can widen and limit orders matter more here.
  2. 02Cheap, not cheapest: index rivals like VEXC and BKEM undercut this fee by a wide margin.
  3. 03Pays out once or twice a year rather than quarterly or monthly, which matters if you want a steady cadence.

GSEE Holdings

As of Sep 20, 2026, 6:05 AM
Asset class
Stocks
Holdings
1,808
Top-10 weight
35%
Largest holding
2330.TW14.0%

Sectors

  • Technology40.8%
  • Financials19.0%
  • Consumer Discr.8.5%
  • Industrials7.5%
  • Communication6.0%
  • Materials6.0%
  • Energy3.6%
  • Health Care3.0%
  • Cons. Staples2.4%
  • Utilities2.1%
  • Real Estate1.1%

Geography

  • Taiwan27.72%
  • South Korea20.24%
  • China19.14%
  • India11.64%
  • Brazil3.93%
  • South Africa2.57%
  • Saudi Arabia2.43%
  • United Arab Emirates1.89%
  • Other countries (23)10.43%

Developed 2% · Emerging 98% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 121.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0012330.TWTAIWAN SEMICONDUCTOR MFG CO14.01%251,985$19M175
002005930.KSSAMSUNG ELECTRONICS CO., LTD.6.53%48,872$9M176
003000660.KSSK HYNIX INC5.45%5,905$7M184
0040700.HKTENCENT HOLDINGS LIMITED2.59%65,185$4M153
0059988.HKALIBABA GROUP HOLDING LIMITED1.87%191,244$3M128
0062454.TWMEDIATEK INC.1.56%15,084$2M162
0070939.HKCHINA CONSTRUCTION BANK CORP0.89%987,031$1M106
008005935.KSSAMSUNG ELECTRONICS 1 PFD0.86%8,377$1M85
0092308.TWDELTA ELECTRONICS, INC.0.76%19,737$1M154
0102317.TWHON HAI PRECISION INDUSTRY0.73%127,668$1M114
011IHCINTERNATIONAL HOLDINGS CO PJSC0.66%9,019$900K4
012HDFCBANK.BOHDFC BANK LIMITED0.66%120,816$898K71
013ICICIBANK.BOICICI BANK LIMITED0.57%55,887$785K68
014RELIANCE.BORELIANCE INDUSTRIES LIMITED0.57%59,923$777K71
0153711.TWASE TECHNOLOGY HOLDING CO LTD0.55%39,420$759K115

Showing 1–15 of 1807 holdings

GSEE Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GSEE$13,153
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GSEE $13,153. SPY $11,723. Use the arrow keys to read each point.$9,208$11,553$13,899Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for GSEE. Periods over one year show the average yearly return.
PeriodGSEE
Year to date+26.2%
1 month+3.0%
3 months−3.1%
1 year+31.5%
3 years+23.5%per year
5 years+9.1%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GSEE
YearReturn barGSEE
2026 YTD+26.2%
2025+33.4%
2024+4.9%
2023+11.0%
2022−19.5%
2021−2.6%
2020+43.6%

History from May 15, 2020

GSEE in the news

ETF.net Research hasn’t filed on GSEE yet — coverage lands here as it’s written.

GSEE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.00%Last 12 months
Payout per share
$1.42Last 12 months
Last payment
$1.42 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2020–2026

One bar per payment. 14 payments from 2020 to 2026 YTD. Sep 24, 2020 $1.06; Dec 24, 2020 $0.26; Jun 24, 2021 $0.18; Sep 24, 2021 $1.64; Dec 27, 2021 $1.26; Mar 25, 2022 $0.72; Jun 24, 2022 $0.26; Sep 26, 2022 $0.22; Mar 27, 2023 $0.59; Jun 26, 2023 $0.22; Sep 25, 2023 $0.33; Dec 26, 2023 $0.15; Dec 23, 2024 $1.21; Dec 23, 2025 $1.42. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 30, 2025$1.42
Dec 23, 2024Dec 30, 2024$1.21
Dec 26, 2023Jan 2, 2024$0.15
Sep 25, 2023Sep 29, 2023$0.33
Jun 26, 2023Jun 30, 2023$0.22
Mar 27, 2023Mar 31, 2023$0.59
Sep 26, 2022Sep 30, 2022$0.22
Jun 24, 2022Jun 30, 2022$0.26
Mar 25, 2022Mar 31, 2022$0.72
Dec 27, 2021Dec 31, 2021$1.26
Sep 24, 2021Sep 30, 2021$1.64
Jun 24, 2021Jun 30, 2021$0.18

GSEE Risk

How much the fund’s monthly returns vary, scaled to a year.
15.3%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.07
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−31.3%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.12
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GSEE Cost

Expense ratio0.45%
  • The middle half of Emerging Markets Stocks funds
  • Median 0.56%

6 of the 21 Emerging Markets Stocks funds charge less.

GSEE costs $45.00 a year on $10,000. The median Emerging Markets Stocks fund costs $56.00.