Simplify Gamma Emerging Market Bond ETF (GAEM) belongs to the Emerging Markets Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GAEM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GAEM
GAEM charges 0.76% annually. There are 24 ETFs in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.15%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Emerging Markets Government Bond ETF | 0.15% | 6.80B | May 2013 | GAEM vs VWOB | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | 0.18% | 42.02M | Feb 2023 | GAEM vs BEMB | |
| SPDR Bloomberg Emerging Markets USD Bond ETF | 0.23% | 283.35M | Apr 2021 | GAEM vs EMHC | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | 0.29% | 843.20M | Jun 2022 | GAEM vs XEMD | |
| VanEck J.P. Morgan EM Local Currency Bond ETF | 0.30% | 4.80B | Jul 2010 | GAEM vs EMLC |
Best Risk-Adjusted Alternatives to GAEM
GAEM has a PortfoliosLab risk / return rank of 87. There are 2 ETFs in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors ChinaAMC China Bond ETF | 96 | 26.23M | Nov 2014 | GAEM vs CBON | |
| Virtus Stone Harbor Emerging Markets High Yield Bo... | 89 | 49.68M | Dec 2022 | GAEM vs VEMY | |
| KraneShares Asia Pacific High Income Bond ETF | 83 | 15.61M | Jun 2018 | GAEM vs KHYB | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | 81 | 843.20M | Jun 2022 | GAEM vs XEMD | |
| VanEck Emerging Markets Bond ETF | 79 | 262.35M | Oct 2025 | GAEM vs EMBX |
Top Performing GAEM Alternatives (YTD)
GAEM is at 3.58% YTD. There are 3 ETFs in the Emerging Markets Bonds category with higher YTD returns, going as high as 5.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets High Yield Bo... | 5.65% | 49.68M | Dec 2022 | GAEM vs VEMY | |
| VanEck Vectors ChinaAMC China Bond ETF | 5.60% | 26.23M | Nov 2014 | GAEM vs CBON | |
| VanEck Emerging Markets Bond ETF | 3.80% | 262.35M | Oct 2025 | GAEM vs EMBX | |
| KraneShares Asia Pacific High Income Bond ETF | 3.58% | 15.61M | Jun 2018 | GAEM vs KHYB | |
| Neuberger Berman Emerging Markets Debt Hard Curren... | 3.47% | 137.00M | Sep 2013 | GAEM vs NEMD |
Lowest Volatility Alternatives to GAEM
GAEM has 4.87% 1-year volatility. There are 5 ETFs in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 3.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares Asia Pacific High Income Bond ETF | 3.47% | 15.61M | Jun 2018 | GAEM vs KHYB | |
| VanEck Vectors ChinaAMC China Bond ETF | 3.59% | 26.23M | Nov 2014 | GAEM vs CBON | |
| WisdomTree Emerging Markets Corporate Bond Fund | 3.70% | 98.87M | Mar 2012 | GAEM vs EMCB | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | 4.37% | 42.02M | Feb 2023 | GAEM vs BEMB | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | 4.74% | 843.20M | Jun 2022 | GAEM vs XEMD |
Lowest Drawdown Alternatives to GAEM
GAEM has a 1-year max drawdown of -3.61%. There are 3 ETFs in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -1.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors ChinaAMC China Bond ETF | -1.34% | 26.23M | Nov 2014 | GAEM vs CBON | |
| WisdomTree Emerging Markets Corporate Bond Fund | -3.07% | 98.87M | Mar 2012 | GAEM vs EMCB | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | -3.52% | 843.20M | Jun 2022 | GAEM vs XEMD | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | -3.67% | 42.02M | Feb 2023 | GAEM vs BEMB | |
| KraneShares Asia Pacific High Income Bond ETF | -3.97% | 15.61M | Jun 2018 | GAEM vs KHYB |
Other ETFs from Simplify
The 10 most viewed Simplify ETFs shown here include SVOL, CTA, HEQT and span 15 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | Volatility | 38 | 1.82% | 523.04M | May 2021 | GAEM vs SVOL | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 15 | 2.94% | 1.56B | Mar 2022 | GAEM vs CTA | |
| Simplify Hedged Equity ETF | Equity Hedged, Options Trading, Actively Managed | 77 | 5.74% | 296.16M | Nov 2021 | GAEM vs HEQT | |
| Simplify Treasury Option Income ETF | Government Bonds, Ultrashort Bond, Derivative Income | 95 | 2.42% | 489.70M | Oct 2022 | GAEM vs BUCK | |
| Simplify Bitcoin Strategy PLUS Income ETF | Cryptocurrency, Derivative Income | 1 | -36.57% | 24.53M | Sep 2022 | GAEM vs MAXI | |
| Simplify Interest Rate Hedge ETF | Inverse Bonds, Nontraditional Bonds | 13 | 10.66% | 182.81M | May 2021 | GAEM vs PFIX | |
| Simplify High Yield ETF | High Yield Bonds | 4 | -3.00% | 377.28M | Feb 2022 | GAEM vs CDX | |
| Simplify Enhanced Income ETF | Derivative Income, Dividend | 8 | -1.00% | 66.82M | Oct 2022 | GAEM vs HIGH | |
| Simplify Aggregate Bond ETF | Intermediate Core Bond | 39 | -0.43% | 574.10M | Feb 2022 | GAEM vs AGGH | |
| Simplify MBS ETF | Mortgage Backed Securities | 37 | -0.64% | 1.49B | Nov 2023 | GAEM vs MTBA |
Often Compared With GAEM
Investors most often compare GAEM with EPRF, ELD, EMBD. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare GAEM with Any Fund or Stock
Compare GAEM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GAEM with funds that move differently
Simplify Gamma Emerging Market Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GAEM.
Explore GAEM Diversifiers