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Sunday, August 23, 2026The Morning Brief →Sign in

Goldman Sachs Access Emerging Markets USD Bond ETF

$41.51+0.02% today
414352-WK

The fund seeks to invest at least 80% of its assets in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of investment grade and high yield bonds issued by emerging market governments or quasi-government entities denominated in U.S. dollars (“USD”) that meet certain liquidity, governance and fundamental screening criteria.

Price & daily flows
42.742.041.441.51DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned -2.2% so far this year. At 0.39% a year it is not the cheapest way in — IJH runs the same ground at 0.05%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$67Massets under management
0.39%expense ratio · $39 per $10,000 a year
net flow, trailing month
3Kavg daily volume, 30 days
214holdings · US-domiciled
2022listed February 14, 2022 · beta 0.29
Sector weights
Cash & Others91.84%
Other91.22%
Government87.52%
Corporate12.2%
Financial Services8.16%
Miscellaneous3.88%
Mutual fund0.29%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Other92.16%
United States7.84%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.4%
1 month-0.0%
3 months-0.8%
6 months-3.5%
YTD-2.2%
1 year-0.4%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
5%realized volatility, 30 days (annualized)
6%realized volatility, 1 year
-5.0%deepest fall from a peak, 1 year
-3.8%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against GEMD

Due diligence cuts both ways. These funds sit on the same shelf and beat GEMD on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
STIP iShares 0-5 Year TIPS Bond ETF0.03%$16B+$288M-36bp on fee · 239× the assets · +$288M in over the monthHead-to-head
MBB iShares MBS ETF0.04%$39B+$26M-35bp on fee · 582× the assets · +$26M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-34bp on fee · 1914× the assets · +$547M in over the monthHead-to-head
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-35bp on fee · 487× the assets · +$104M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M-35bp on fee · 349× the assets · +$520M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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