GAEM vs. NEMD
GAEM (Simplify Gamma Emerging Market Bond ETF) and NEMD (Neuberger Berman Emerging Markets Debt Hard Currency ETF) are both Emerging Markets Bonds funds. Both are actively managed. Their 0.76 correlation means they have sometimes moved together and sometimes differently. GAEM charges 0.76%/yr vs 0.60%/yr for NEMD.
Performance
GAEM vs. NEMD - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with GAEM having a 3.58% return and NEMD slightly lower at 3.47%.
GAEM
- 1D
- -0.16%
- 1M
- -0.96%
- 6M
- 2.59%
- YTD
- 3.58%
- 1Y
- 10.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.75%
NEMD
- 1D
- 0.08%
- 1M
- -1.04%
- 6M
- 1.88%
- YTD
- 3.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $246.87K | $265.32K | $263.25K | |
| $328.32K | $489.11K | $564.01K |
GAEM vs. NEMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GAEM Simplify Gamma Emerging Market Bond ETF | 3.58% | 5.62% |
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 3.47% | 7.10% |
Correlation
The correlation between GAEM and NEMD is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 11, 2025 | 0.76 |
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Return for Risk
GAEM vs. NEMD — Risk / Return Rank
GAEM
NEMD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GAEM vs. NEMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Gamma Emerging Market Bond ETF (GAEM) and Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD). 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.
| GAEM | NEMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.41 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | — | — |
| Martin ratioReturn relative to average drawdown | 12.42 | — | — |
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Drawdowns
GAEM vs. NEMD - Drawdown Comparison
The maximum GAEM drawdown since its inception was -3.84%, smaller than the maximum NEMD drawdown of -4.43%. Use the drawdown chart below to compare losses from any high point for GAEM and NEMD.
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Drawdown Indicators
| GAEM | NEMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.84% | -4.43% | +0.59% |
Max Drawdown (1Y)Largest decline over 1 year | -3.61% | — | — |
Current DrawdownCurrent decline from peak | -1.21% | -1.35% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -0.52% | -0.59% | +0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | — | — |
Volatility
GAEM vs. NEMD - Volatility Comparison
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Volatility by Period
| GAEM | NEMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 4.00% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.87% | 6.44% | -1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.95% | 6.44% | -1.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.95% | 6.44% | -1.49% |
GAEM vs. NEMD - Expense Ratio Comparison
GAEM has a 0.76% expense ratio, which is higher than NEMD's 0.60% expense ratio.
Dividends
GAEM vs. NEMD - Dividend Comparison
GAEM's dividend yield for the trailing twelve months is around 7.14%, more than NEMD's 5.81% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GAEM Simplify Gamma Emerging Market Bond ETF | 7.14% | 6.50% | 3.78% |
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 5.81% | 2.39% | 0.00% |
Frequently Asked Questions
GAEM and NEMD have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NEMD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NEMD is cheaper with a 0.60% expense ratio, compared with 0.76% for GAEM.
GAEM has the higher dividend yield at 7.14%, compared with 5.81% for NEMD.
They also come from different issuers: Simplify and Neuberger Berman. Their fees differ too: 0.76% for GAEM and 0.60% for NEMD.
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