Key stats
About Goldman Sachs ActiveBeta Emerging Markets Equity ETF
Home page
Inception date
Sep 29, 2015
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
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
Technology Services
Stocks98.23%
Finance27.86%
Electronic Technology19.28%
Technology Services10.02%
Retail Trade6.73%
Consumer Non-Durables3.96%
Non-Energy Minerals3.62%
Producer Manufacturing3.34%
Health Technology3.33%
Communications3.09%
Energy Minerals3.08%
Consumer Durables3.07%
Transportation2.95%
Utilities2.36%
Consumer Services2.00%
Process Industries1.67%
Distribution Services0.73%
Industrial Services0.66%
Commercial Services0.27%
Health Services0.23%
Bonds, Cash & Other1.77%
ETF0.81%
Mutual fund0.58%
UNIT0.38%
Miscellaneous0.00%
Stock breakdown by region
Asia77.36%
Middle East5.63%
Latin America5.24%
Europe5.10%
Africa3.96%
North America2.67%
Oceania0.05%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GEM invests in stocks. The fund's major sectors are Finance, with 27.86% stocks, and Electronic Technology, with 19.28% of the basket. The assets are mostly located in the Asia region.
GEM top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and Tencent Holdings Ltd, occupying 9.43% and 4.76% of the portfolio correspondingly.
GEM last dividends amounted to 0.82 USD. The year before, the issuer paid 0.17 USD in dividends, which shows a 78.86% increase.
GEM assets under management is 980.92 M USD. It's risen 5.12% over the last month.
GEM fund flows account for −73.34 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GEM pays dividends to its holders with the dividend yield of 2.29%. The last dividend (Dec 30, 2024) amounted to 0.82 USD. The dividends are paid annually.
GEM shares are issued by The Goldman Sachs Group, Inc. under the brand Goldman Sachs. The ETF was launched on Sep 29, 2015, and its management style is Passive.
GEM expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
GEM follows the Stuttgart Goldman Sachs ActiveBeta EM Equity (USD). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GEM invests in stocks.
GEM price has risen by 5.42% over the last month, and its yearly performance shows a 11.13% increase. See more dynamics on GEM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.42% over the last month, showed a 6.10% increase in three-month performance and has increased by 13.87% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.42% over the last month, showed a 6.10% increase in three-month performance and has increased by 13.87% in a year.
GEM trades at a premium (0.60%) meaning the ETF is trading at a higher price than the calculated NAV.