Skip to Content
ETFs

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 25 2015
Expense Ratio
0.45%
Type
Global Ex. US Equities
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$2,393,185
AUM
$963,207,302
Associated Index
Goldman Sachs ActiveBeta Emerging Markets Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

2330
Taiwan Semiconductor Manufacturing
5.25%
005930
Samsung Electronics
3.33%
700
Tencent Holdings Ltd.
3.13%
9988
Alibaba Group Holding Ltd
2.06%
n/a
USD U.S. DOLLAR
1.76%
500209
Infosys Ltd
0.82%
500325
Reliance Industries Ltd.
0.81%
3690
Meituan - Ordinary Shares - Class B
0.73%
000939
Kaidi Ecological And Environmental Technology Co Ltd. - Ordinary Shares - Class A
0.70%
VALE3
Vale S.A.
0.70%
Invest with GEM

What is GEM?

Goldman Sachs ActiveBeta Emerging Markets Equity ETF seeks to provide investment results that closely correspond to the performance of the Fund Index. The Goldman Sachs ActiveBeta Emerging Markets Equity Index ( the Index ) is designed to deliver exposure to equity securities of emerging market issuers. The Index seeks to capture common sources of active equity returns, including value (i.e., the security s price compared to market value), momentum (i.e., performance history), quality (i.e., profitability relative to total assets) and volatility (i.e., consistency of returns). The Index is reconstituted and rebalanced quarterly.

ETFs related toGEM

ETFs correlated to GEM include EEM, IEMG, EDC

GEM
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta Emerging Markets Equity ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toGEM

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with GEM using Composer

FAQ

GEM is a Global Ex. US Equities ETF. Goldman Sachs ActiveBeta Emerging Markets Equity ETF seeks to provide investment results that closely correspond to the performance of the Fund Index. The Goldman Sachs ActiveBeta Emerging Markets Equity Index ( the Index ) is designed to deliver exposure to equity securities of emerging market issuers. The Index seeks to capture common sources of active equity returns, including value (i.e., the security s price compared to market value), momentum (i.e., performance history), quality (i.e., profitability relative to total assets) and volatility (i.e., consistency of returns). The Index is reconstituted and rebalanced quarterly.

GEM tracks the Goldman Sachs ActiveBeta Emerging Markets Equity Index.

No, GEM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GEM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GEM is -0.0058%. This is the percent change in the value of GEM over the most recent 1-month period. The 3-month return on GEM is -0.0179%. This is the percent change in the value of GEM over the most recent 3-month period.

The standard deviation of GEM for the past year is 0.1689%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GEM include PBW, IGF, and ARKK.

ETFs correlated to GEM include EEM, IEMG, and EDC.

ETFs that are inversely correlated to GEM include EDZ, YANG, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.