GEMD vs. VUSV

Last updated Jul 17, 2026

GEMD (Goldman Sachs Access Emerging Markets USD Bond ETF) and VUSV (Vanguard Wellington U.S. Value Active ETF) are both exchange-traded funds - GEMD is a Emerging Markets Bonds fund tracking the FTSE Goldman Sachs Emerging Markets USD Bond Index - Benchmark TR Net, while VUSV is a Large Cap Value Equities fund actively managed by Vanguard. GEMD is passively managed, while VUSV is actively managed. A 0.55 correlation means they provide meaningful diversification when combined. GEMD charges 0.39%/yr vs 0.30%/yr for VUSV.

Performance

GEMD vs. VUSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) and Vanguard Wellington U.S. Value Active ETF (VUSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GEMD achieves a 1.69% return, which is significantly lower than VUSV's 10.86% return.

GEMD

• 1D: -0.13%
• 1M: -0.92%
• 6M: 1.46%
• YTD: 1.69%
• 1Y: 9.49%
• 3Y*: 7.53%
• 5Y*: —
• 10Y*: —

VUSV

• 1D: 0.59%
• 1M: 1.43%
• 6M: 5.71%
• YTD: 10.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GEMD vs. VUSV - Yearly Performance Comparison

	2026 (YTD)	2025
GEMD Goldman Sachs Access Emerging Markets USD Bond ETF	1.69%	0.66%
VUSV Vanguard Wellington U.S. Value Active ETF	10.86%	5.62%

Correlation

The correlation between GEMD and VUSV is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.55

Return for Risk

GEMD vs. VUSV — Risk / Return Rank

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

GEMD

GEMD Risk / Return Rank: 62
GEMD Sharpe Ratio Rank: 65
GEMD Sortino Ratio Rank: 69
GEMD Omega Ratio Rank: 67
GEMD Calmar Ratio Rank: 50
GEMD Martin Ratio Rank: 61

VUSV

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

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.

GEMD vs. VUSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) and Vanguard Wellington U.S. Value Active ETF (VUSV). 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.

	GEMD	VUSV	Difference
Sharpe ratio: Return per unit of total volatility	1.70	—	—
Sortino ratio: Return per unit of downside risk	2.49	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.05	—	—
Martin ratio: Return relative to average drawdown	8.60	—	—

Drawdowns

GEMD vs. VUSV - Drawdown Comparison

The maximum GEMD drawdown since its inception was -24.56%, which is greater than VUSV's maximum drawdown of -7.06%. Use the drawdown chart below to compare losses from any high point for GEMD and VUSV.

Drawdown Indicators

	GEMD	VUSV	Difference
Max Drawdown Largest peak-to-trough decline	-24.56%	-7.06%	-17.50%
Max Drawdown (1Y) Largest decline over 1 year	-4.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.69%	—	—
Current Drawdown Current decline from peak	-1.01%	0.00%	-1.01%
Average Drawdown Average peak-to-trough decline	-7.98%	-1.21%	-6.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.11%	—	—

Volatility

Volatility by Period

	GEMD	VUSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.66%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.62%	11.67%	-6.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.86%	11.67%	-1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.86%	11.67%	-1.81%

GEMD vs. VUSV - Expense Ratio Comparison

GEMD has a 0.39% expense ratio, which is higher than VUSV's 0.30% expense ratio.

Dividends

GEMD vs. VUSV - Dividend Comparison

GEMD's dividend yield for the trailing twelve months is around 5.71%, more than VUSV's 0.18% yield.

Position	TTM	2025	2024	2023	2022
GEMD Goldman Sachs Access Emerging Markets USD Bond ETF	5.71%	6.32%	5.79%	5.70%	5.42%
VUSV Vanguard Wellington U.S. Value Active ETF	0.18%	0.20%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GEMD and VUSV in my portfolio?

GEMD and VUSV have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GEMD or VUSV?

On fees, VUSV is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GEMD or VUSV?

VUSV is cheaper with a 0.30% expense ratio, compared with 0.39% for GEMD.

Which ETF pays a higher dividend yield, GEMD or VUSV?

GEMD has the higher dividend yield at 5.71%, compared with 0.18% for VUSV.

What is the main difference between GEMD and VUSV?

GEMD is categorized as Emerging Markets Bonds, while VUSV is Large Cap Value Equities. They also come from different issuers: Goldman Sachs and Vanguard. Their fees differ too: 0.39% for GEMD and 0.30% for VUSV.