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

Goldman Sachs MarketBeta Emerging Markets Equity ETF

$69.00+0.89% today
527352-WK

The fund invests at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index consists of equity securities of large and mid-capitalization issuers covering approximately the largest 85% of the free-float market capitalization in emerging markets.

Price & daily flows
68.862.856.869.00DAILY 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 +19.4% so far this year. At 0.36% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.

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

$119Massets under management
0.36%expense ratio · $36 per $10,000 a year
net flow, trailing month
3Kavg daily volume, 30 days
1679holdings · US-domiciled
2020listed May 11, 2020 · beta 1.44
Sector weights
Technology23.92%
Finance23.65%
Financial Services22.25%
Electronic Technology18.75%
Consumer Cyclical11.26%
Technology Services8.72%
Communication Services8.62%
Industrials8.19%
Basic Materials7.02%
Retail Trade5.91%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Other89.1%
Hong Kong21.84%
Taiwan19.21%
India18.96%
South Korea9.46%
China4.63%
Saudi Arabia3.9%
Brazil3.81%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+0.6%
1 month+3.7%
3 months+1.7%
6 months+9.4%
YTD+19.4%
1 year+30.0%
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
25%realized volatility, 30 days (annualized)
24%realized volatility, 1 year
-14.1%deepest fall from a peak, 1 year
-5.9%where it sits vs. that peak today

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

The case against GSEE

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

FundFeeAssetsFlow, 1MThe case
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-32bp on fee · 275× the assets · +$104M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M-29bp on fee · 1624× the assets · +$631M in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B-27bp on fee · 1351× the assets · +$1.9B in over the monthHead-to-head
IAGG iShares Core International Aggregate Bond ETF0.07%$11.4B+$739M-29bp on fee · 96× the assets · +$739M in over the monthHead-to-head
IXUS iShares Core MSCI Total International Stock ETF0.07%$46.2B-29bp on fee · 388× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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