GEM vs. IEMG
Compare and contrast key facts about Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) and iShares Core MSCI Emerging Markets ETF (IEMG).
GEM and IEMG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GEM is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta Emerging Markets Equity Index. It was launched on Sep 29, 2015. IEMG is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on Oct 18, 2012. Both GEM and IEMG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GEM or IEMG.
Correlation
The correlation between GEM and IEMG is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GEM vs. IEMG - Performance Comparison
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Key characteristics
GEM:
0.47
IEMG:
0.43
GEM:
0.88
IEMG:
0.86
GEM:
1.11
IEMG:
1.11
GEM:
0.45
IEMG:
0.42
GEM:
1.70
IEMG:
1.62
GEM:
5.81%
IEMG:
5.88%
GEM:
18.86%
IEMG:
18.80%
GEM:
-37.02%
IEMG:
-38.71%
GEM:
-6.52%
IEMG:
-7.43%
Returns By Period
The year-to-date returns for both stocks are quite close, with GEM having a 10.12% return and IEMG slightly lower at 9.75%.
GEM
10.12%
10.81%
9.70%
8.74%
7.71%
N/A
IEMG
9.75%
11.26%
8.95%
8.11%
8.85%
3.75%
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GEM vs. IEMG - Expense Ratio Comparison
GEM has a 0.45% expense ratio, which is higher than IEMG's 0.14% expense ratio.
Risk-Adjusted Performance
GEM vs. IEMG — Risk-Adjusted Performance Rank
GEM
IEMG
GEM vs. IEMG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) and iShares Core MSCI Emerging Markets ETF (IEMG). 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.
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Dividends
GEM vs. IEMG - Dividend Comparison
GEM's dividend yield for the trailing twelve months is around 2.34%, less than IEMG's 2.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF | 2.34% | 2.58% | 2.97% | 2.96% | 3.00% | 1.47% | 3.13% | 2.08% | 1.81% | 1.98% | 0.25% | 0.00% |
IEMG iShares Core MSCI Emerging Markets ETF | 2.92% | 3.20% | 2.89% | 2.70% | 3.06% | 1.87% | 3.15% | 2.76% | 2.34% | 2.28% | 2.52% | 2.30% |
Drawdowns
GEM vs. IEMG - Drawdown Comparison
The maximum GEM drawdown since its inception was -37.02%, roughly equal to the maximum IEMG drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for GEM and IEMG. For additional features, visit the drawdowns tool.
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Volatility
GEM vs. IEMG - Volatility Comparison
Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) and iShares Core MSCI Emerging Markets ETF (IEMG) have volatilities of 4.16% and 4.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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