GEM vs. BKEM ETF Comparison

Comparison of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) to BNY Mellon Emerging Markets Equity ETF (BKEM)

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) 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.

Grade (RS Rating)

Last Trade

$33.16

Average Daily Volume

68,074

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BKEM

BNY Mellon Emerging Markets Equity ETF

BKEM Description

The investment seeks to track the performance of the Morningstar Emerging Markets Large Cap IndexSM. Under normal circumstances, in seeking to track the index's performance, the fund generally purchases a representative sample of the securities comprising the index. By using a sampling process, it typically will not invest in all of the securities in the index. The Morningstar® Emerging Markets Large Cap IndexSM is a float-adjusted market capitalization weighted index designed to measure the performance of emerging market large-capitalization stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.08

Average Daily Volume

11,180

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GEM	BKEM
30 Days	-3.80%	-3.79%
60 Days	-1.37%	-2.08%
90 Days	-1.13%	-1.18%
12 Months	12.15%	12.11%

36 Overlapping Holdings

Symbol	Grade	Weight in GEM	Weight in BKEM	Overlap
ABEV	F	0.07%	0.11%	0.07%
ASAI	F	0.04%	0.1%	0.04%
ATHM	D	0.07%	0.03%	0.03%
BABA	D	1.93%	2.23%	1.93%
BCH	F	0.09%	0.06%	0.06%
BEKE	D	0.05%	0.18%	0.05%
BGNE	D	0.11%	0.13%	0.11%
BIDU	F	0.15%	0.3%	0.15%
BRFS	D	0.04%	0.04%	0.04%
BZ	F	0.03%	0.05%	0.03%
CHT	D	0.06%	0.19%	0.06%
CSAN	F	0.04%	0.03%	0.03%
ERJ	B	0.05%	0.07%	0.05%
GGB	C	0.09%	0.05%	0.05%
HDB	C	0.46%	1.37%	0.46%
IBN	C	0.8%	0.95%	0.8%
IQ	F	0.03%	0.02%	0.02%
KB	B	0.27%	0.29%	0.27%
KEP	B	0.04%	0.05%	0.04%
KT	A	0.09%	0.02%	0.02%
LI	F	0.06%	0.19%	0.06%
LPL	F	0.04%	0.03%	0.03%
NU	C	0.14%	0.57%	0.14%
PAGS	F	0.03%	0.02%	0.02%
PDD	F	0.75%	0.94%	0.75%
QFIN	B	0.2%	0.03%	0.03%
SHG	D	0.2%	0.19%	0.19%
SKM	D	0.22%	0.03%	0.03%
TAL	F	0.06%	0.05%	0.05%
TCOM	B	0.18%	0.41%	0.18%
TME	D	0.1%	0.09%	0.09%
UMC	F	0.18%	0.2%	0.18%
VALE	F	0.41%	0.48%	0.41%
VIPS	F	0.2%	0.06%	0.06%
WIT	A	0.21%	0.11%	0.11%
XP	F	0.05%	0.08%	0.05%

GEM Overweight 4 Positions Relative to BKEM

Symbol	Grade	Weight
YUMC	C	0.24%
SCCO	F	0.09%
BAP	A	0.08%
BVN	F	0.03%

GEM Underweight 10 Positions Relative to BKEM

Symbol	Grade	Weight
BILI	D	-0.08%
NIO	F	-0.08%
XPEV	C	-0.08%
YMM	C	-0.08%
MMYT	B	-0.07%
SBSW	D	-0.04%
GDS	C	-0.03%
STNE	F	-0.03%
SBLK	F	-0.02%
WB	D	-0.01%