What is GEM?

GEM tracks an index of emerging market stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GEM 1.17% 3.42% 3.50% -12.01% 7.72% -1.44% --
GEM (NAV) 0.31% 3.01% 2.69% -11.99% 8.41% -1.58% --
Goldman Sachs ActiveBeta Emerging Markets Equity Index 0.29% 2.95% 2.64% -11.72% 8.86% -1.36% --
MSCI Emerging Markets Investable Market Index 0.05% 2.37% 1.97% -11.95% 10.67% -0.93% 2.13%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GEM Factset Analytics Insight

GEM's "ActiveBeta" methodology chooses emerging-market stocks based on four attributes of performance: good value, strong momentum, high quality, and low volatility. “Smart” and “Active” beta have been popular theories of late — despite the methodology's branding, this is not an actively-managed fund — and GEM has one of the more comprehensive approaches to the market. It creates a sub-index around each of the above factors, ranks and weights the stocks according to those factors, and then combines the four indexes to create the fund's portfolio.

GEM Summary Data

Goldman Sachs
09/29/15
0.45%
$906.01M
MSCI Emerging Markets Investable Market Index
Open-Ended Fund

Peers

MSCI Emerging Markets Investable Market Index

Fund Flows

$0.00B 5 Days
-$0.01B 30 Days
-$0.11B 90 Days

GEM Portfolio Data

$97.76B
10.87
1.56
2.08%
N/A
720

GEM Index Data

Tiered
Multi-Factor
MSCI Emerging Markets Investable Market Index

GEM Portfolio Management

0.45%
-0.21%
0.95%
-0.56%

GEM Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

GEM Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/27/23

This measurement shows how easy it is to trade a $1 million USD block of GEM. GEM is rated a 5 out of 5.

GEM Tradability

142,241
$4.25M
108,389
$3.19M
0.09%
$0.03
-0.33%
2.99% / -2.55%
None
10.04%
200,000
0.54
0.14%
0.36%
0
$29.38
5

GEM Sector/Industry Breakdown

GEM Segment
Benchmark
21.90% --
16.71% --
8.78% --
8.46% --
7.29% --
4.72% --
4.68% --
4.37% --
3.23% --
3.17% --

GEM Top 10 Holdings

6.03%
3.82%
3.27%
2.08%
0.86%
0.85%
0.84%
0.81%
0.78%
0.67%
20.00%

GEM Performance Statistics

0.99
0.93
0.93
0.93
0.16%
MSCI Emerging Markets Investable Market Index

GEM Countries

GEM Segment
Benchmark
23.62% 25.39%
14.38% 15.15%
12.69% 12.13%
12.41% 14.08%
8.83% 4.77%
5.70% 5.28%
3.99% 3.59%
3.87% 3.78%
2.56% 2.46%
1.90% 2.42%

GEM Regions

GEM Segment
Benchmark
75.88% 78.36%
12.07% 11.16%
9.00% 8.48%
1.79% 1.46%
1.03% 0.54%

GEM Economic Development

GEM Segment
Benchmark
62.36% 61.91%
37.40% 38.09%

GEM Benchmark Comparison Holdings

720
3200
518
59.66%

GEM Benchmark Comparison Summary

GEM Segment
Benchmark
720 3200
$97.76B $96.54B
10.87 13.12
1.56 1.73
3.08% 2.56%
Low Low

GEM Benchmark Comparison Market Cap Size

GEM Segment
Benchmark
59.99% 61.00%
35.80% 26.22%
2.62% 10.60%
0.00% 1.37%