GEMD vs. BWZ
Compare and contrast key facts about Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) and SPDR Bloomberg Barclays Short Term International Treasury Bond ETF (BWZ).
GEMD and BWZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GEMD is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Goldman Sachs Emerging Markets USD Bond Index - Benchmark TR Net. It was launched on Feb 15, 2022. BWZ is a passively managed fund by State Street that tracks the performance of the Bloomberg Global Treasury (1-3 Y) Customized. It was launched on Jan 15, 2009. Both GEMD and BWZ 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: GEMD or BWZ.
Correlation
The correlation between GEMD and BWZ is 0.55, 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
GEMD vs. BWZ - Performance Comparison
Key characteristics
GEMD:
0.92
BWZ:
-0.03
GEMD:
1.34
BWZ:
0.01
GEMD:
1.16
BWZ:
1.00
GEMD:
0.60
BWZ:
-0.01
GEMD:
2.80
BWZ:
-0.05
GEMD:
2.13%
BWZ:
4.03%
GEMD:
6.45%
BWZ:
7.00%
GEMD:
-24.57%
BWZ:
-34.22%
GEMD:
-3.67%
BWZ:
-28.06%
Returns By Period
In the year-to-date period, GEMD achieves a 1.94% return, which is significantly higher than BWZ's 1.77% return.
GEMD
1.94%
1.01%
-1.17%
6.70%
N/A
N/A
BWZ
1.77%
2.51%
-3.95%
-0.24%
-1.95%
-1.16%
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GEMD vs. BWZ - Expense Ratio Comparison
GEMD has a 0.39% expense ratio, which is higher than BWZ's 0.35% expense ratio.
Risk-Adjusted Performance
GEMD vs. BWZ — Risk-Adjusted Performance Rank
GEMD
BWZ
GEMD vs. BWZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) and SPDR Bloomberg Barclays Short Term International Treasury Bond ETF (BWZ). 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.
Dividends
GEMD vs. BWZ - Dividend Comparison
GEMD's dividend yield for the trailing twelve months is around 5.70%, more than BWZ's 2.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEMD Goldman Sachs Access Emerging Markets USD Bond ETF | 5.70% | 5.79% | 5.70% | 5.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BWZ SPDR Bloomberg Barclays Short Term International Treasury Bond ETF | 2.45% | 2.47% | 1.62% | 0.44% | 0.60% | 0.13% | 0.44% | 1.10% | 0.40% | 0.13% | 0.06% | 0.20% |
Drawdowns
GEMD vs. BWZ - Drawdown Comparison
The maximum GEMD drawdown since its inception was -24.57%, smaller than the maximum BWZ drawdown of -34.22%. Use the drawdown chart below to compare losses from any high point for GEMD and BWZ. For additional features, visit the drawdowns tool.
Volatility
GEMD vs. BWZ - Volatility Comparison
The current volatility for Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) is 1.57%, while SPDR Bloomberg Barclays Short Term International Treasury Bond ETF (BWZ) has a volatility of 2.47%. This indicates that GEMD experiences smaller price fluctuations and is considered to be less risky than BWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.