ATLASGoldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM): outlook, holdings and fees
Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) is an exchange-traded fund and is managed by Goldman Sachs. The expense ratio is 0.47% and the yield is 1.96%. The ten largest holdings are 35% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on GEM
| Last price | $47.43 (+1.8%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $45.85 – $49.44 |
| Normal 1-day range (±1σ) | ±1.3% |
| Distribution yield | 1.96% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
GEM fund facts
| Issuer | Goldman Sachs |
|---|---|
| Theme | Emerging markets |
| Assets under management | $1.8B |
| Expense ratio | 0.47% |
| Number of holdings | 48 |
| Portfolio turnover | 21% |
| Inception | Sep 25, 2015 |
| Exchange | NYSE |
The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.
GEM top holdings
| Holding | Sector | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | Technology | 14.98% |
| Samsung Electronics Co Ltd SSNLF | Technology | 6.77% |
| SK Hynix Inc 000660 | Technology | 4.44% |
| Tencent Holdings Ltd 0700 | Communication Services | 2.42% |
| MediaTek Inc 2454 | Technology | 1.63% |
| Alibaba Group Holding Ltd 9988 | Consumer Cyclical | 1.55% |
| Samsung Electronics Co Pref 005935 | Technology | 0.98% |
| Delta Electronics Inc 2308 | Technology | 0.82% |
| China Construction Bank Corp 0939 | Financial Services | 0.79% |
| Samsung Electro-Mechanics 009150 | Technology | 0.54% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
GEM sector breakdown
| Sector | Weight |
|---|---|
| Technology | 43.7% |
| Financial Services | 21.1% |
| Consumer Cyclicals | 7.1% |
| Communication Services | 6.2% |
| Basic Materials | 5.1% |
| Industrials | 4.9% |
| Healthcare | 3.2% |
| Energy | 3.0% |
| Consumer Defensive | 2.9% |
| Utilities | 1.9% |
| Real Estate | 0.9% |
By region: Asia Developed 49.0%, Asia Emerging 31.7%, Latin America 7.5%, Africa/Middle East 6.8%, Europe Emerging 2.9%.
GEM returns and risk
| Year to date | +21.3% |
|---|---|
| 1 year | +25.6% |
| 3 years (annualised) | +24.5% |
| 5 years (annualised) | +8.4% |
| 10 years (annualised) | +8.2% |
| Volatility (3 years) | 16.9% |
| Sharpe ratio (3 years) | 1.07 |
Past returns do not guarantee future results.
GEM: frequently asked questions
What does GEM invest in?
Goldman Sachs ActiveBeta Emerging Markets Equity ETF invests in a portfolio of securities. Its largest holdings are Taiwan Semiconductor Manufacturing Co. Ltd. (15.0%), Samsung Electronics Co Ltd (6.8%), SK Hynix Inc (4.4%), Tencent Holdings Ltd (2.4%), MediaTek Inc (1.6%).
What is the GEM expense ratio?
0.47% a year: about $47.00 for every $10,000 invested.
What is the GEM dividend yield?
1.96%. ATLAS does not hold the exact distribution dates for ETFs.
Will GEM go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $45.85 to $49.44 from $47.43 today. It is a probability, not a prediction.
How has GEM performed?
Year to date +21.3%, one year +25.6%, three years +24.5% a year, five years +8.4% a year. Past returns do not guarantee future results.
Similar ETFs: Emerging markets
- iShares Core MSCI Emerging Markets ETF (IEMG)
- Vanguard FTSE Emerging Markets ETF (VWO)
- iShares MSCI Emerging Markets ETF (EEM)
- Avantis Emerging Markets Equity ETF (AVEM)
- SPDR Portfolio Emerging Markets ETF (SPEM)
- Schwab Emerging Markets Equity ETF (SCHE)
- Schwab Fundamental Emerging Markets Equity ETF (FNDE)
- Dimensional Emerging Core Equity Market ETF (DFAE)
Educational information, not investment advice. Disclaimer