GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF
*Unless otherwise stated, data provided by FactSet.

GEM Fund Description

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

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 subindex 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 has gathered significant investor interest despite somewhat high fees. Trading volume has been robust and spreads are usually reasonable. Liquidity will easily accommodate the institutional buyer.

GEM MSCI ESG Analytics Insight

Goldman Sachs ActiveBeta Emerging Markets Equity ETF has an MSCI ESG Fund Rating of BB based on a score of 4.02 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Goldman Sachs ActiveBeta Emerging Markets Equity ETF ranks in the 21st percentile within its peer group and in the 46th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

GEM MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

GEM Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 10/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GEM 1.54% -0.76% 9.51% 8.83% 6.40% -- --
GEM (NAV) 1.10% -1.19% 8.67% 8.56% 6.49% -- --
MSCI Emerging Markets Investable Market Index 0.91% -2.20% 8.40% 8.21% 6.15% 3.10% 3.04%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GEM Summary Data

09/29/15
Open-Ended Fund
0.45%
$1.77B
$4.61M
0.16%

GEM Portfolio Data

$80.62B
12.55
1.59
2.08%
12/24/19
422

GEM Index Data

Tiered
Market Cap
MSCI Emerging Markets Investable Market Index

GEM Portfolio Management

0.45%
--
--
--

GEM Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

GEM Fund Structure

Open-Ended Fund
No
Yes
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

GEM Factset Analytics Block Liquidity

As of 10/22/19
5
4
3
2
1

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

146,797
$4.61M
115,269
$3.65M
0.16%
$0.05
0.13%
1.71% / -1.71%
None
22.00%
200,000
0.58
0.17%
0.29%
216
$32.32
5

GEM Sector/Industry Breakdown


GEM
Segment Benchmark
27.28%
26.97%
26.18%
26.93%
12.17%
7.18%
7.67%
7.42%
7.00%
7.10%
5.35%
4.24%
4.80%
7.53%
3.92%
6.34%
3.83%
3.17%
1.80%
3.12%

GEM Top 10 Holdings[View All]

3.82%
3.71%
3.54%
1.27%
1.18%
0.94%
0.93%
0.82%
0.81%
20.54%

GEM Countries


GEM
Segment Benchmark
20.08%
21.19%
13.12%
11.86%
12.57%
12.09%
8.94%
7.62%
8.67%
8.89%
8.23%
8.59%
5.40%
5.57%
4.60%
3.53%
3.04%
3.17%
2.65%
2.52%

GEM Regions


GEM
Segment Benchmark
68.71%
71.27%
13.35%
11.68%
9.77%
10.17%
7.31%
6.06%
0.85%
0.82%

GEM Economic Development


GEM
Segment Benchmark
52.59%
53.39%
47.41%
46.61%

GEM Performance Statistics

0.99
0.95
0.97
0.93
0.09%
MSCI Emerging Markets Investable Market Index

GEM MSCI ESG Ratings

BB
4.02 / 10
45.58
20.65
3.03%
5.47%
276.88

GEM Benchmark Comparison Holdings

422
2760
447
63.37%

GEM Benchmark Comparison Summary


GEM
Segment Benchmark
422
2760
$80.62B
$80.15B
12.55
13.79
1.59
1.52
2.93%
2.89%
Low
Low

GEM Benchmark Comparison Market Cap Size


GEM
Segment Benchmark
60.25%
58.52%
34.43%
27.63%
5.17%
11.41%
0.15%
2.45%