Goldman Sachs ActiveBeta Emerging Markets Equity ETFGEM

Goldman SachsCommoditiesGold#38 of 107 by YTD

$46.78

+0.5% last session

+12.4% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Oct 26, 2021 – Nov 3, 2026GEMS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.5%	−10.6%	−6.9%	+12.4%	+13.7%	+78.8%	+38.1%	+145.6%
Peer average	−0.1%	−5.0%	−5.9%	+2.0%	+4.7%	+94.9%	+82.0%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $1.6B
Expense ratio: 0.59%
Distribution yield: 2.0%
NAV: $46.49
Volume: 126K
Avg. volume 30D: 148K
High today: $46.99
Low today: $46.67
Previous close: $46.56
52-week high: $54.29
52-week low: $40.18
Our risk indicator: 4/5

GEM in One Breath

GEM Among Gold ETFs

YTD

#1GTEKGoldman Sachs+25.0%$212M

#2GVUSGoldman Sachs+24.2%$451M

#3GVLEGoldman Sachs+19.1%$40.4M

#4GTOPGoldman Sachs+17.5%$669M

#5GSCGoldman Sachs+16.1%$306M

#6GSSCGoldman Sachs+16.1%$1.1B

#7GSJYGoldman Sachs+14.9%$95.6M

#8GTPEGoldman Sachs+14.5%$29.4M

#9GEMGoldman Sachs+12.4%$1.6B

End-of-day Nov 4, 2026 · 41 Gold ETFs by YTD

$10,000 in GEM

$10,000 in GEM became

$13,812

In the S&P 500 (VOO)

$17,749

Total return, dividends in · Oct 26, 2021 – Nov 3, 2026 · S&P 500 uses VOO

GEM’s Top Holdings

Today

2330.TWTaiwan Semiconductor Mfg15.3%005930.KS7.0%000660.KS4.8%0700.HK2.6%9988.HK1.6%2454.TW1.5%005935.KS1.0%0939.HK0.9%2308.TW0.6%2317.TW0.5%EWM0.5%ICICIBANK.BO0.5%HDFCBANK.BO0.5%009150.KS0.5%RELIANCE.BO0.4%1398.HK0.4%3988.HK0.4%1810.ITUB43711.TWPDDOTP.B

2330.TWTaiwan Semiconductor Mfg15.3%005930.KS7.0%000660.KS4.8%0700.HK2.6%9988.HK1.6%2454.TW1.5%005935.KS1.0%0939.2308.2317.TWEWMICICI

TechnologyFinancial ServicesConsumer CyclicalCommunication ServicesOther

Goldman Sachs GEM · 739 holdings · top 22 shown · tile size = share of the fund · as of Nov 3, 2026

What GEM Holds

Today

Technology43.7%

2330.TW 15.3 · 005930.KS 7.0 · 000660.KS 4.8 · 2454.TW 1.5 · 005935.KS 1.0 · 2308.TW · 2317.TW

Financial Services20.6%

0939.HK · EWM · ICICIBANK. · HDFCBANK.B · 1398.HK · 3988.HK · ITUB4.SA

Consumer Cyclical7.5%

9988.HK 1.6 · PDD · 3690.HK · LPP.WA · 9618.HK · 9992.HK

Communication Services6.2%

0700.HK 2.6 · BHARTIARTL · 017670.KS · MTN.JO · 032640.KS · AMXB.MX

Basic Materials5.2%

ANG.JO · VALE3.SA · GFI.JO · 1303.TW · SOL.JO · GMEXICOB.M

Industrials5.0%

2059.TW · DELTA-R.BK · 028260.KS

Healthcare3.3%

6160.HK

Goldman Sachs GEM · share of the fund by sector · as of Nov 3, 2026

Taiwan’s Share of GEM

Today

15.3%

$153 of every $1,000 in GEM is Taiwan

Taiwan held by GEM

$251M

Goldman Sachs GEM · each square = $10 of $1,000 · as of Nov 3, 2026

GEM’s Share of Gold ETFs

Today

0.6%

of the $265B in 47 Gold ETFs

GEM$1.6B0.6%

GLD$132B49.8%

IAU$58.4B22.0%

44 others$73.1B27.5%

Gold ETF AUM · Nov 4, 2026

GEM Fee per $100 vs Peers

Today

$0.59a year
per $100

$59 a year on $10,000

IAUM$0.09

GLDM$0.10

SGOL$0.17

IAU$0.25

GLD$0.40

GEM$0.59

Expense ratio · Gold peers · Nov 4, 2026

Inside GEM

739 holdings · as of Nov 3, 2026

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

Today

Technology43.7%2330.TWTaiwan Semiconductor MFG15.3%005930.KS7.0%000660.KS4.8%20 more holdings11.4% of the fundFinancial Services20.6%EWMOTP.B29 more holdings16.4% of the fundConsumer Cyclical7.5%PDDCommunication Services6.2%Basic Materials5.2%Industrials5.0%Healthcare3.3%Energy3.1%Consumer Defensive2.9%Utilities1.8%

Technology43.7%2330.TW15.3%005930.KS7.0%000660.KS4.8%25 moreFinancial Services20.6%32 moreConsumer Cyclical7.5%Communication Services6.2%Basic Materials5.2%Industrials5.0%Healthcare3.3%Energy3.1%Consumer Defensive2.9%

#	Ticker	Company	Weight ▼
1	2330.TW	Taiwan Semiconductor MFG	15.35%
2	005930.K	Samsung Electronics	7.00%
3	000660.K	SK Hynix	4.75%
4	0700.HK	Tencent Limited	2.57%
5	9988.HK	Alibaba Group Limited	1.62%
6	2454.TW	Mediatek	1.54%
7	005935.K	Samsung Electronics 1 PFD	1.02%
8	0939.HK	China Construction Bank	0.88%
9	2308.TW	Delta Electronics	0.62%
10	2317.TW	HON HAI Precision Industry	0.54%

TechnologyFinancial ServicesConsumer CyclicalCommunication ServicesBasic MaterialsIndustrialsHealthcareEnergyConsumer DefensiveUtilitiesReal Estate

Goldman Sachs GEM · current holdings by weight · as of Nov 3, 2026 · each tile is one holding · top 20 = 40.1%

How It Compares

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF’s Peers

YTD


GLD	SPDRRead Desk	0.40%	−9.3%	−2.4%	$132.3B
IAU	iSharesRead Desk	0.25%	−9.2%	−2.3%	$58.4B
GLDM	SPDRRead Desk	0.10%	−9.2%	−2.1%	$30.0B
IAUM	iSharesRead Desk	0.09%	−9.1%	−2.1%	$7.9B
SGOL	AberdeenRead Desk	0.17%	−9.2%	−2.2%	$6.7B
GEM	Goldman SachsThis fundRead Desk	0.59%	+12.4%	+13.7%	$1.6B

Gold peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put GEM head to head with GLD →

GLD vs GEM

YTD

GLDSPDR · GoldGEMGoldman Sachs · Gold

Year to date

−9.3%

+12.4%

GEM wins+21.7 pts

Past year

−2.4%

+13.7%

GEM wins+16.1 pts

Fee

0.40%

0.59%

GLD winslower fee

Yield

0.0%

2.0%

GEM wins+2.0 pts

AUM

$132B

$1.6B

GLD80.9× more

3–1GEM wins

SPDR GLD and Goldman Sachs GEM · year-to-date · as of Nov 4, 2026 · AUM not scored

GEM vs VOO

YTD

GEM · Goldman Sachs ActiveBeta Emerging Markets Equity

+12.4%

VOO · S&P 500

+11.5%

Gap

0.8 pts

Goldman Sachs GEM and Vanguard VOO · YTD total return · as of Nov 4, 2026

GEM vs Its Peer Average

YTD

GEMAvsBPeer average

1D+0.5%−0.1%

1M−10.6%−5.0%

3M−6.9%−5.9%

YTD+12.4%+2.0%

1Y+13.7%+4.7%

3Y+78.8%+94.9%

5Y+38.1%+82.0%

3–4Peer average wins

46 Gold peers · each row scaled to its leader

The Details

GEM

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y24.88%

Deepest drop · 1Y−13.9%

Lowest point · 5Y−29.3%

52-week range

$46.78

$40.18−13.8% from the high$54.29

Goldman Sachs GEM · past-year price moves · as of Nov 4, 2026

GEM

Fund Facts

Today

2015launched Sep 25

Tracks[…]

Exchange · CUSIPAMEX · 381430206

StructureETF

Leverage1x

Cost on $10,000$59 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Goldman Sachs GEM · fund facts · as of Nov 4, 2026

GEM

Payouts by Year

11Y

$0.96per share, Dec 2025

Distribution yield2.0%

PaidEvery quarter

Latest ex-date · paidDec 23 · Dec 30, 2025

12 payouts added up$4.43 a share

Goldman Sachs GEM · distributions by ex-date · 2015–2025

All Fund FactsDocuments · trading · fees · every payout

Trading & Liquidity

Net asset value$46.49

Premium / discount[…]

Median spread · 30D[…]

Volume today126K

Average volume · 30D148K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.59%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$59.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 23, 2025	Dec 30, 2025	$0.96
Dec 23, 2024	Dec 30, 2024	$0.82
Dec 26, 2023	Jan 2, 2024	$0.17
Sep 25, 2023	Sep 29, 2023	$0.21
Jun 26, 2023	Jun 30, 2023	$0.19
Mar 27, 2023	Mar 31, 2023	$0.34
Dec 27, 2022	Dec 30, 2022	$0.0690
Sep 26, 2022	Sep 30, 2022	$0.18
Jun 24, 2022	Jun 30, 2022	$0.36
Mar 25, 2022	Mar 31, 2022	$0.23
Dec 27, 2021	Dec 31, 2021	$0.20
Sep 24, 2021	Sep 30, 2021	$0.70

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Goldman Sachs ActiveBeta Emerging Markets Equity ETFGEM

Key Statistics

GEM in One Breath

Inside GEM

How It Compares

Head to Head

The Details

Prospectus & Documents

Trading & Liquidity

Fees & Costs

Distributions