Key stats
About Goldman Sachs ActiveBeta Emerging Markets Equity ETF
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Inception date
Sep 29, 2015
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Goldman Sachs Asset Management LP
Distributor
Alps Distributors, Inc.
GEM's ActiveBeta methodology chooses emerging market stocks based on four attributes of performance: good value, strong momentum, high quality, and low volatility. Despite the active moniker, the ETF tracks an index from its issuer. All four sub-indices pull their constituents from the parent MSCI Emerging Markets Index, giving each member a weighting based on factor criteria (small-caps are excluded per the parent index). Criteria include book value, sales, and cash flow scaled by share price, profit/assets or ROE, risk-adjusted returns, and daily standard deviation of returns. The four equally-weighted sub-indices are combined to create the index, any overweights to a particular name from one sub-index will cancel underweights from another. As such, the fund may exhibit moderate rather than radical deviations from the cap-weighted market.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Stocks97.76%
Finance25.62%
Electronic Technology19.71%
Technology Services9.93%
Retail Trade7.29%
Consumer Non-Durables4.21%
Energy Minerals3.52%
Non-Energy Minerals3.50%
Health Technology3.35%
Producer Manufacturing3.28%
Consumer Durables3.20%
Transportation3.15%
Communications2.95%
Utilities2.45%
Process Industries1.81%
Consumer Services1.72%
Industrial Services0.81%
Distribution Services0.63%
Commercial Services0.33%
Health Services0.30%
Bonds, Cash & Other2.24%
Mutual fund1.02%
ETF0.70%
UNIT0.39%
Temporary0.14%
Miscellaneous0.00%
Stock breakdown by region
Asia77.43%
Middle East6.15%
Latin America5.24%
Europe4.90%
Africa3.53%
North America2.71%
Oceania0.04%
Top 10 holdings
Dividends
Dividend payout history