Key stats
About Goldman Sachs ActiveBeta Emerging Markets Equity ETF
Expense ratio
0.45%
Home page
Inception date
Sep 29, 2015
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
Stocks96.45%
Finance24.88%
Electronic Technology19.06%
Technology Services9.97%
Retail Trade6.13%
Consumer Non-Durables4.39%
Energy Minerals3.88%
Non-Energy Minerals3.65%
Health Technology3.39%
Producer Manufacturing3.27%
Transportation3.26%
Consumer Durables3.24%
Communications2.92%
Utilities2.57%
Process Industries1.95%
Consumer Services1.69%
Industrial Services0.81%
Distribution Services0.67%
Commercial Services0.38%
Health Services0.37%
Bonds, Cash & Other3.55%
Mutual fund2.51%
ETF0.66%
UNIT0.37%
Stock breakdown by region
Asia75.37%
North America6.71%
Middle East5.74%
Latin America4.99%
Africa3.71%
Europe3.48%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history