Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) is a emerging-markets ETF. As of October 9, 2026, ETF Copilot scores GEM 5.9 out of 10 — highest on Growth (9.0), lowest on Value (2.7). It trades at 13.8 times earnings, against its own median of 13.1. Its ten largest holdings are 38% of the fund.
What stands out in GEM's data
Emerging market equities, selected through a multi-factor model.
Earns more on its capital than most emerging-market peers — a sign of stronger business quality.
Return on invested capital of 29.8% tops the category median of 26.8% and its own 21.0% historical median, while the fund holds 715 stocks across emerging markets.
A broad emerging-market allocation with a tilt toward capital-efficient companies.
How is GEM rated? ETF Copilot scores Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) 5.9 out of 10
As of October 9, 2026, ETF Copilot scores Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) 5.9 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.9 / 10
- Growth: 9.0 / 10
- Value: 2.7 / 10
- Risk: 3.8 / 10
- Quality: 7.7 / 10
- Return: 4.9 / 10
Is GEM expensive right now? It trades at 13.8 times earnings, against its own median of 13.1
As of October 9, 2026, GEM is more expensive than 69% of its own last 9 years.
Trailing 12 months, built from GEM's holdings. How we calculate this →
What's inside GEM? 44% Tech
What's inside GEM: Size (Large 61%, Mid 36%, Small 3%); Geography (International 100%, US 0%); Tech 44.2%; AI 1.0%; Semiconductors 25.8%; Memory 16.4%.
What are GEM's top holdings? The ten largest are 38% of the fund
More concentrated than 75% of Emerging Markets ETFs.
Half of GEM's weight sits in its 49 largest positions, and once those weights are taken into account it behaves like 26 equally weighted holdings.
What is GEM's expense ratio? 0.59% a year
As of October 9, 2026, GEM charges 0.59% a year, yields 1.89% and holds $1.8B in assets across 715 positions.
| Measure | GEM |
|---|---|
| Expense ratio | 0.59% |
| Dividend yield | 1.89% |
| Assets under management | $1.8B |
| Holdings | 715 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/gem
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