PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
GSEE vs. SPEM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

GSEE vs. SPEM

Last updated May 12, 2025

Compare and contrast key facts about Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) and SPDR Portfolio Emerging Markets ETF (SPEM).

GSEE and SPEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSEE is a passively managed fund by Goldman Sachs that tracks the performance of the Solactive GBS Emerging Markets Large & Mid Cap Index. It was launched on May 12, 2020. SPEM is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets BMI. It was launched on Mar 19, 2007. Both GSEE and SPEM 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: GSEE or SPEM.

Correlation

The correlation between GSEE and SPEM is 0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

GSEE vs. SPEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) and SPDR Portfolio Emerging Markets ETF (SPEM). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Daily Std Dev

GSEE:

9.04%

SPEM:

12.29%

Max Drawdown

GSEE:

-1.71%

SPEM:

-1.67%

Current Drawdown

GSEE:

-1.30%

SPEM:

-0.98%

Returns By Period

GSEE

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

SPEM

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

GSEE vs. SPEM - Expense Ratio Comparison

GSEE has a 0.36% expense ratio, which is higher than SPEM's 0.11% expense ratio.

GSEE
Goldman Sachs MarketBeta Emerging Markets Equity ETF
SPEM
SPDR Portfolio Emerging Markets ETF

Risk-Adjusted Performance

GSEE vs. SPEM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GSEE
The Risk-Adjusted Performance Rank of GSEE is 4848
Overall Rank
The Sharpe Ratio Rank of GSEE is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of GSEE is 5151
Sortino Ratio Rank
The Omega Ratio Rank of GSEE is 4848
Omega Ratio Rank
The Calmar Ratio Rank of GSEE is 4545
Calmar Ratio Rank
The Martin Ratio Rank of GSEE is 4848
Martin Ratio Rank
SPEM
The Risk-Adjusted Performance Rank of SPEM is 6464
Overall Rank
The Sharpe Ratio Rank of SPEM is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of SPEM is 6666
Sortino Ratio Rank
The Omega Ratio Rank of SPEM is 6363
Omega Ratio Rank
The Calmar Ratio Rank of SPEM is 7070
Calmar Ratio Rank
The Martin Ratio Rank of SPEM is 5959
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GSEE vs. SPEM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) and SPDR Portfolio Emerging Markets ETF (SPEM). 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.

No data
No data
No data
No data
No data

Loading data...

Dividends

GSEE vs. SPEM - Dividend Comparison

GSEE has not paid dividends to shareholders, while SPEM's dividend yield for the trailing twelve months is around 2.64%.

TTM20242023202220212020201920182017201620152014
GSEE
Goldman Sachs MarketBeta Emerging Markets Equity ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPEM
SPDR Portfolio Emerging Markets ETF		2.64%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

GSEE vs. SPEM - Drawdown Comparison

The maximum GSEE drawdown since its inception was -1.71%, roughly equal to the maximum SPEM drawdown of -1.67%. Use the drawdown chart below to compare losses from any high point for GSEE and SPEM. For additional features, visit the drawdowns tool.

Loading data...

Volatility

GSEE vs. SPEM - Volatility Comparison

Loading data...