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. It earns a Morningstar Analyst Rating of Neutral.
Will GEM outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
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.
The Parent Pillar is our rating of GEM’s parent organization’s priorities and whether they’re in line with investors’ interests.