BGEG vs. GEME

Last updated Jul 4, 2026

BGEG (Baillie Gifford Emerging Markets ETF) and GEME (Pacific North of South Global Emerging Markets Equity Active ETF) are both Emerging Markets Equities funds. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. BGEG charges 0.79%/yr vs 0.75%/yr for GEME.

Performance

BGEG vs. GEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baillie Gifford Emerging Markets ETF (BGEG) and Pacific North of South Global Emerging Markets Equity Active ETF (GEME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BGEG

• 1D: -1.66%
• 1M: -6.98%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GEME

• 1D: -0.84%
• 1M: -5.47%
• 6M: 28.65%
• YTD: 30.94%
• 1Y: 60.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BGEG vs. GEME - Yearly Performance Comparison

	2026 (YTD)
BGEG Baillie Gifford Emerging Markets ETF	-7.15%
GEME Pacific North of South Global Emerging Markets Equity Active ETF	-6.64%

Correlation

The correlation between BGEG and GEME is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026	0.91

Return for Risk

BGEG vs. GEME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BGEG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GEME

GEME Risk / Return Rank: 89
GEME Sharpe Ratio Rank: 92
GEME Sortino Ratio Rank: 85
GEME Omega Ratio Rank: 89
GEME Calmar Ratio Rank: 90
GEME Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BGEG vs. GEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford Emerging Markets ETF (BGEG) and Pacific North of South Global Emerging Markets Equity Active ETF (GEME). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BGEG	GEME	Difference
Sharpe ratio: Return per unit of total volatility	—	2.59	—
Sortino ratio: Return per unit of downside risk	—	3.13	—
Omega ratio: Gain probability vs. loss probability	—	1.46	—
Calmar ratio: Return relative to maximum drawdown	—	4.47	—
Martin ratio: Return relative to average drawdown	—	16.08	—

Drawdowns

BGEG vs. GEME - Drawdown Comparison

The maximum BGEG drawdown since its inception was -8.43%, smaller than the maximum GEME drawdown of -16.86%. Use the drawdown chart below to compare losses from any high point for BGEG and GEME.

Drawdown Indicators

	BGEG	GEME	Difference
Max Drawdown Largest peak-to-trough decline	-8.43%	-16.86%	+8.43%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.46%	—
Current Drawdown Current decline from peak	-7.15%	-6.64%	-0.51%
Average Drawdown Average peak-to-trough decline	-4.26%	-2.43%	-1.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.73%	—

Volatility

Volatility by Period

	BGEG	GEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	35.94%	23.26%	+12.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.94%	23.96%	+11.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.94%	23.96%	+11.98%

BGEG vs. GEME - Expense Ratio Comparison

BGEG has a 0.79% expense ratio, which is higher than GEME's 0.75% expense ratio.

Dividends

BGEG vs. GEME - Dividend Comparison

BGEG has not paid dividends to shareholders, while GEME's dividend yield for the trailing twelve months is around 5.35%.

Position	TTM	2025
BGEG Baillie Gifford Emerging Markets ETF	0.00%	0.00%
GEME Pacific North of South Global Emerging Markets Equity Active ETF	5.35%	7.01%

Frequently Asked Questions

Can I hold both BGEG and GEME in my portfolio?

With a correlation of 0.91, BGEG and GEME move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BGEG or GEME?

On fees, GEME is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BGEG or GEME?

GEME is cheaper with a 0.75% expense ratio, compared with 0.79% for BGEG.

Which ETF pays a higher dividend yield, BGEG or GEME?

GEME has the higher dividend yield at 5.35%, compared with 0.00% for BGEG.

What is the main difference between BGEG and GEME?

They also come from different issuers: Baillie Gifford and Pacific AM. Their fees differ too: 0.79% for BGEG and 0.75% for GEME.