GSEE
Goldman Sachs MarketBeta Emerging Markets Equity ETF
GSEE tracks an index of emerging markets equities, selected and weighted by market capitalization.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 124.6 M
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
| Inception date | May 12, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TAIWAN SEMICONDUCTOR MANUFAC | 14.2 % |
| SAMSUNG ELECTRONICS CO LTD | 6.2 % |
| SK HYNIX INC | 4.7 % |
| TENCENT HOLDINGS LTD | 2.5 % |
| ALIBABA GROUP HOLDING LTD. | 1.8 % |
| MEDIATEK INC | 1.5 % |
| CHINA CONSTRUCTION BANK-H | 1.0 % |
| SAMSUNG ELECTRONICS-PFD | 0.8 % |
| HON HAI PRECISION INDUSTRY | 0.8 % |
| INTERNATIONAL HOLDINGS COMPANY PJSC | 0.8 % |
Constituent Breakdown
| Number of holdings | 1802 |
| Herfindahl-Hirschman Index | 288 |
| Wgt avg mkt cap (mns) | $453,570 |
| Large cap (>$10bn) | 78.2% |
| Mid cap ($2-10bn) | 10.1% |
| Small cap (<$2bn) | 0.9% |
| Developed mkts. | 2.2% |
| Emerging mkts. | 89.7% |
Sector Breakdown
Country Exposure
 |
TAIWAN | 27.4 % |
 |
SOUTH KOREA | 17.8 % |
 |
CHINA | 17.7 % |
 |
INDIA | 10.4 % |
 |
BRAZIL | 3.2 % |
 |
SAUDI ARABIA | 2.3 % |
 |
SOUTH AFRICA | 2.3 % |
 |
UAE | 1.8 % |
 |
MEXICO | 1.8 % |
 |
THAILAND | 1.1 % |
Historical Performance
Standardized Performance (as of 10/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.4% | 9.0% | 16.0% | 18.2% | 3.6% | -- | -- | 7.5% |
| Dividend Yield | 0.0% | 2.8% | 3.1% | 2.2% | 2.9% | -- | -- | 3.3% |
| Total Returns | 11.4% | 11.8% | 19.1% | 20.4% | 6.5% | -- | -- | 10.9% | Ann. Volatility | 26.6% | 24.8% | 21.5% | 19.5% | 19.3% | -- | -- | 19.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.51 | 60% |
| MSCI EAFE | 1.22 | 61% |
| MSCI Emg Mkts | 0.96 | 97% |
Liquidity Measures
| Avg. volume (000) | 3 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.58% |
Technical Indicators
| 30d moving avg. (EMA) | $65.14 |
| Relative strength (RSI) | 38 |
| MACD/Signal | -1.68/-1.41 |
| Bollinger Bands (Upper/Lower) | $68.17/$60.53 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GSEE |
Expenses vs. GSEE |
ALTAR Score™ vs. GSEE |
|---|---|---|---|---|
| BKEM | BNY Mellon Emerging Markets Equity ETF | 87.7% | -34 bp | +0.3% |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | 84.3% | -30 bp | +0.3% |
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 82.7% | +21 bp | -0.2% |
| EEM | iShares MSCI Emerging Markets ETF | 79.1% | +27 bp | -0.5% |
| HEEM | iShares Currency Hedged MSCI Emerging Markets ETF | 78.9% | +106 bp | -0.8% |
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF | 77.4% | -15 bp | 0.0% |
| IEMG | iShares Core MSCI Emerging Markets ETF | 75.0% | -36 bp | -0.1% |
| FLAX | Franklin FTSE Asia Ex Japan ETF | 73.9% | -26 bp | -0.3% |
| GEM | Goldman Sachs ActiveBeta Emerging Markets Equity ETF | 69.2% | -10 bp | +0.2% |
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | 68.5% | +27 bp | -1.0% |
Risk and Returns: GSEE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/15/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
9.5%
ALTAR SCORE™
72nd
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 218 funds in the Emerging Equity category with an average
ALTAR Score™ of 8.1% and a standard deviation
of 2.3%. GSEE's ALTAR Score™ is approximately 0.6 standard
deviations above the category average. This places GSEE in the 72nd percentile
among funds in the category.
Sell-Side Consensus
$85.15
PRICE TARGET
+36.1%
UPSIDE