GEM vs. SPEM ETF Comparison

Comparison of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) to SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF (SPEM)

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

SPEM

SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF

SPEM Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.29

Average Daily Volume

1,700,335

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	GEM	SPEM
30 Days	-3.80%	-3.39%
60 Days	-1.37%	-0.38%
90 Days	-1.13%	1.24%
12 Months	12.15%	16.45%

34 Overlapping Holdings

Symbol	Grade	Weight in GEM	Weight in SPEM	Overlap
ABEV	F	0.07%	0.12%	0.07%
ASAI	F	0.04%	0.06%	0.04%
ATHM	D	0.07%	0.02%	0.02%
BABA	D	1.93%	1.92%	1.92%
BAP	B	0.08%	0.16%	0.08%
BCH	F	0.09%	0.02%	0.02%
BEKE	D	0.05%	0.15%	0.05%
BGNE	D	0.11%	0.14%	0.11%
BIDU	F	0.15%	0.27%	0.15%
BRFS	D	0.04%	0.04%	0.04%
BVN	F	0.03%	0.06%	0.03%
BZ	F	0.03%	0.04%	0.03%
CHT	D	0.06%	0.18%	0.06%
CSAN	F	0.04%	0.03%	0.03%
ERJ	B	0.05%	0.13%	0.05%
GGB	C	0.09%	0.08%	0.08%
HDB	C	0.46%	1.23%	0.46%
IBN	C	0.8%	0.92%	0.8%
IQ	F	0.03%	0.01%	0.01%
LI	F	0.06%	0.14%	0.06%
NU	C	0.14%	0.49%	0.14%
PAGS	F	0.03%	0.02%	0.02%
PDD	F	0.75%	0.81%	0.75%
QFIN	B	0.2%	0.04%	0.04%
SCCO	F	0.09%	0.11%	0.09%
TAL	F	0.06%	0.05%	0.05%
TCOM	B	0.18%	0.33%	0.18%
TME	D	0.1%	0.06%	0.06%
UMC	F	0.18%	0.22%	0.18%
VALE	F	0.41%	0.02%	0.02%
VALE	F	0.41%	0.39%	0.39%
VIPS	F	0.2%	0.05%	0.05%
WIT	A	0.21%	0.17%	0.17%
YUMC	C	0.24%	0.22%	0.22%

GEM Overweight 7 Positions Relative to SPEM

Symbol	Grade	Weight
KB	B	0.27%
SKM	D	0.22%
SHG	D	0.2%
KT	A	0.09%
XP	F	0.05%
LPL	F	0.04%
KEP	B	0.04%

GEM Underweight 68 Positions Relative to SPEM

Symbol	Grade	Weight
INFY	B	-0.88%
ITUB	F	-0.37%
PBR	C	-0.28%
RDY	F	-0.16%
BBD	D	-0.16%
ZTO	F	-0.11%
CIG	C	-0.1%
XPEV	C	-0.08%
EBR	F	-0.08%
NIO	F	-0.07%
BILI	D	-0.06%
YMM	C	-0.06%
MMYT	B	-0.06%
ENIC	D	-0.05%
SUZ	C	-0.04%
VIST	A	-0.04%
CIB	B	-0.04%
STNE	F	-0.03%
LEGN	F	-0.03%
GDS	C	-0.03%
SBSW	D	-0.03%
DQ	F	-0.02%
SBLK	F	-0.02%
HEPS	C	-0.02%
SIMO	D	-0.02%
YY	C	-0.02%
MNSO	F	-0.02%
SID	F	-0.02%
DDL	C	-0.01%
DAC	B	-0.01%
GOTU	F	-0.01%
TIGR	D	-0.01%
EH	F	-0.01%
TEN	F	-0.01%
HIMX	F	-0.01%
BLTE	C	-0.01%
BWMX	D	-0.01%
SB	F	-0.01%
VTEX	D	-0.01%
JKS	F	-0.01%
MOMO	D	-0.01%
BAK	F	-0.01%
RLX	C	-0.01%
GPI	A	-0.0%
VSTA	F	-0.0%
IH	F	-0.0%
NIU	F	-0.0%
TUYA	F	-0.0%
DADA	F	-0.0%
DOYU	C	-0.0%
HUYA	F	-0.0%
DSX	F	-0.0%
BTBT	C	-0.0%
SOHU	F	-0.0%
CBAT	F	-0.0%
CAN	C	-0.0%
CINT	D	-0.0%
NEXA	C	-0.0%
NOAH	D	-0.0%
LX	C	-0.0%
FINV	B	-0.0%
API	C	-0.0%
AFYA	D	-0.0%
VNET	B	-0.0%
YALA	D	-0.0%
RERE	B	-0.0%
RNW	D	-0.0%
WB	D	-0.0%