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ETFs

Goldman Sachs Access Emerging Markets USD Bond ETF

GEMD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 15 2022
Expense Ratio
0.39%
Type
Global Ex. US Bonds
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$168,099
AUM
$50,368,630
Associated Index
FTSE Goldman Sachs Emerging Markets USD Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
REPUBLICA FEDERATIVA DO B
1.51%
n/a
PHILIPPINES (REPUBLIC OF
1.39%
63DW
Hungary - 7.625% NT REDEEM 29/03/2041 USD 2000
1.22%
n/a
Kenya - 6.875% NT REDEEM 24/06/2024 USD 200000 - Reg S
1.13%
n/a
Bahrain - 7% BD REDEEM 26/01/2026 USD 200000 - Reg S
1.12%
n/a
UNITED MEXICAN STATES
1.11%
n/a
TURKEY (REPUBLIC OF)
1.05%
n/a
Qatar(State Of) - 3.75% BD REDEEM 16/04/2030 USD 200000 - Reg S
1.05%
JT25
Chile - 3.50% NT REDEEM 31/01/2034 USD 200000
1.01%
155548
Brazil 5.625 % Bonds 2009-7.1.41 Global
1.00%
Invest with GEMD

What is GEMD?

The Goldman Sachs Access Emerging Markets USD Bond ETF (the "Fund") seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Emerging Markets USD Bond Index. The index employs a transparent process designed to identify an investable universe, then eliminates a subset of issuers with deteriorating fundamentals to potentially offer improved exposure to US dollar denominated emerging markets bonds.

ETFs related toGEMD

ETFs correlated to GEMD include EMB, PCY, JPMB

GEMD
Goldman Sachs ETF Trust - Goldman Sachs Access Emerging Markets USD Bond ETF
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets Bond ETF
PCY
Invesco Capital Management LLC - Invesco Emerging Markets Sovereign Debt ETF
JPMB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan USD Emerging Markets Sovereign Bond ETF
VWOB
Vanguard Group, Inc. - Vanguard Emerging Markets Government Bond ETF
EMHY
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM High Yield Bond ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
BINC
BlackRock ETF Trust II - BlackRock Flexible Income ETF
CEMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM Corporate Bond 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 toGEMD

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with GEMD using Composer

FAQ

GEMD is a Global Ex. US Bonds ETF. The Goldman Sachs Access Emerging Markets USD Bond ETF (the "Fund") seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Emerging Markets USD Bond Index. The index employs a transparent process designed to identify an investable universe, then eliminates a subset of issuers with deteriorating fundamentals to potentially offer improved exposure to US dollar denominated emerging markets bonds.

GEMD tracks the FTSE Goldman Sachs Emerging Markets USD Bond Index.

No, GEMD 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, GEMD 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 GEMD is -0.0132%. This is the percent change in the value of GEMD over the most recent 1-month period. The 3-month return on GEMD is -0.0257%. This is the percent change in the value of GEMD over the most recent 3-month period.

The standard deviation of GEMD for the past year is 0.1227%. 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 GEMD include SHY, BIL, and TLT.

ETFs correlated to GEMD include EMB, PCY, and JPMB.

ETFs that are inversely correlated to GEMD include SJB, TBX, and PST.

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.