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ETFs

Goldman Sachs MarketBeta Emerging Markets Equity ETF

GSEE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 12 2020
Expense Ratio
0.36%
Type
Global Equities
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$240
AUM
$25,419,823
Associated Index
Solactive GBS Emerging Markets Large & Mid Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

2330
TAIWAN SEMICONDUCTOR MANUFAC
6.29%
700
Tencent Holdings Ltd.
4.06%
005930
Samsung Electronics
3.36%
BABA
Alibaba Group Holding Ltd - ADR
2.33%
ARAMCO
SAUDI ARABIAN OIL CO
1.64%
3690
Meituan - Ordinary Shares - Class B
1.24%
500325
Reliance Industries Ltd.
1.19%
EWM
BlackRock Institutional Trust Company N.A. - iShares MSCI Malaysia ETF
1.08%
IHC
INTL HOLDING CO PJSC
0.96%
VALE3
VALE SA
0.93%
Invest with GSEE

What is GSEE?

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (the Fund ) seeks to provide investment results that closely corre-spond, before fees and expenses, to the performance of the Solactive GBS Emerging Markets Large & Mid Cap Index (the 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. It is calculated as a net total return index in U.S. dollars and weighted by free-float market capitalization.

ETFs related toGSEE

ETFs correlated to GSEE include EDC, EEM, IEMG

GSEE
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta Emerging Markets Equity ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
EEMX
SSgA Active Trust - SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toGSEE

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#SWITCH

Asset Switching

Category

Momentum, Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with GSEE using Composer

FAQ

GSEE is a Global Equities ETF. The Goldman Sachs MarketBeta Emerging Markets Equity ETF (the Fund ) seeks to provide investment results that closely corre-spond, before fees and expenses, to the performance of the Solactive GBS Emerging Markets Large & Mid Cap Index (the 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. It is calculated as a net total return index in U.S. dollars and weighted by free-float market capitalization.

GSEE tracks the Solactive GBS Emerging Markets Large & Mid Cap Index.

No, GSEE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GSEE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GSEE is -0.0376%. This is the percent change in the value of GSEE over the most recent 1-month period. The 3-month return on GSEE is 0.0061%. This is the percent change in the value of GSEE over the most recent 3-month period.

The standard deviation of GSEE for the past year is 0.2029%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GSEE include IEV, VGK, and EFA.

ETFs correlated to GSEE include EDC, EEM, and IEMG.

ETFs that are inversely correlated to GSEE include EDZ, EUM, and YANG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.