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Goldman Sachs ActiveBeta® EMkts Eq ETF GEM ETF Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Goldman Sachs Investment Hub

Morningstar’s Analysis GEM

Will GEM outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GEM’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GEM management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GEM’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sensible multifactor strategy with limited upside.

Senior Analyst Daniel Sotiroff

Daniel Sotiroff

Senior Analyst

Summary

We have qualitatively reviewed this strategy and reaffirmed its Average Process and People ratings. Goldman Sachs ActiveBeta Emerging Markets Equity ETF GEM is a decent though not exceptional fund. This multifactor strategy diversifies its portfolio across four well-vetted factors. But its modest active risk limits its potential to beat the MSCI Emerging Markets Index after fees. The following text is from April 10, 2023.

by Daniel Sotiroff
Rated on Published on

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