Key stats
About GOLDMAN SACHS ETF TRUST ACTIVEBETA EMERGING MKTS EQUITY ETF
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Inception date
Sep 29, 2015
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Goldman Sachs Asset Management LP
Distributor
Alps Distributors, Inc.
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
What's in the fund
Exposure type
Finance
Electronic Technology
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.