GEM ETF — Goldman Sachs ActiveBeta Emerging Markets Equity ETF

Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)

Updated October 16, 2026.

GEM is an ETF. its distribution rate is 2.00%, its trailing-12-month yield is 1.99%, its expense ratio is 0.35%. Dividend Vision Distribution Safety Score™ is 74/100 (Generally safe). Total return is 152.2% over the past 11 years, 233.1 points behind SPY at 385.3%.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF is an actively managed fund that invests at least eighty percent of its assets in equity securities of emerging market companies, including depositary receipts. The fund distributes annually at a high current rate, with an expense ratio of 0.35%. It appeals to income investors seeking equity exposure to developing markets.

GEM performance versus SPY

Price and return data through 2026-10-16.

Total return is 152.2% over the past 11 years, 233.1 points behind SPY at 385.3%. Over the past year its total return — price change plus distributions reinvested — is 18.5%. Its deepest 1-year drawdown was 13.5%.

GEM key facts

Distribution Safety Score™

74 · Generally safe

Safety-Adjusted Yield

1.48%

Issuer

Goldman Sachs

Asset type

ETF

Asset class

Equity

Inception date

09/25/2015

Expense ratio

0.35%

Distribution rate

2.00%

Distribution frequency

Annual

Trailing yield

1.99%

Last close

$48.02 (as of 2026-10-16)

AUM

$1,763,964,352

Average volume

80485.0

Dividend

$0.958

Ex-dividend date

12/23/2025

Payment date

12/30/2025

Beta

1.1

How Dividend Vision calculates yield and returns

Distribution rate (2.00%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.99%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Goldman Sachs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GEM risks and drawbacks

GEM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.5%.

Who may consider GEM — and who may not

GEM may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (GEM pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on GEM

• All tickers starting with G

Tagged: International, Active.

Frequently asked questions

More securities from Goldman Sachs.