GEMD vs CTEC

Comparison between GOLDMAN SACHS ACCESS EMERGING MARKETS USD BOND ETF (GEMD, ETF) and GLOBAL X CLEANTECH ETF (CTEC, ETF).

GEMD vs CTEC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GEMD(ETF)	CTEC(ETF)
Net Assets	$34M	$34M
Expense Ratio	0.30%	0.50%
Max Drawdown	27.37%	82.06%
Sharpe Ratio	1.20	1.81
5Y Beta	0.22	1.11
P/E Ratio	N/A	-18.44
5Y Dividends CAGR	N/A	111.27%
Debt to Equity	N/A	56.02%

Net Assets

Winner

GEMD

$34M

CTEC

$34M

Expense Ratio

Winner

GEMD

0.30%

CTEC

0.50%

Max Drawdown

Winner

GEMD

27.37%

CTEC

82.06%

Sharpe Ratio

GEMD

1.20

Winner

CTEC

1.81

5Y Beta

Winner

GEMD

0.22

CTEC

1.11

P/E Ratio

GEMD

N/A

CTEC

-18.44

5Y Dividends CAGR

GEMD

N/A

CTEC

111.27%

Debt to Equity

GEMD

N/A

CTEC

56.02%

GEMD vs CTEC - Historical Returns

Returns include dividend reinvestment.

Period	GEMD	CTEC
1 month	+1.10%	-5.91%
3 months	+2.75%	+13.89%
6 months	+2.51%	+20.36%
1 year	+10.63%	+89.72%
5 years(CAGR)	+2.18%	-6.60%
Max(CAGR)	+2.18%	-2.01%

Winner

GEMD

+1.10%

CTEC

-5.91%

GEMD

+2.75%

Winner

CTEC

+13.89%

GEMD

+2.51%

Winner

CTEC

+20.36%

GEMD

+10.63%

Winner

CTEC

+89.72%

5Y(CAGR)

Winner

GEMD

+2.18%

CTEC

-6.60%

Max(CAGR)

Winner

GEMD

+2.18%

CTEC

-2.01%

GEMD vs CTEC - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	GEMD	CTEC
2026	+2.18%	+18.56%
2025	+13.34%	+50.87%
2024	+4.20%	-34.68%
2023	+7.88%	-25.05%
2022	-15.73%	-18.13%
2021	N/A	-23.08%
2020	N/A	+47.46%

GEMD vs CTEC Drawdown Comparison

The maximum drawdown for GEMD was -24.58%, occurring on Oct 20, 2022. Recovery took 842 trading sessions.

The maximum drawdown for CTEC was -81.58%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current CTEC drawdown is -52.56%.

Rank	GEMD	CTEC
#1	-24.58% Feb 17, 2022 - Jun 30, 2025	-81.58% Feb 9, 2021 - Apr 8, 2025
#2	-4.64% Feb 23, 2026 - Jun 11, 2026	-8.50% Jan 26, 2021 - Feb 9, 2021
#3	-1.05% Dec 29, 2025 - Jan 23, 2026	-7.47% Jan 13, 2021 - Jan 21, 2021
#4	-0.96% Jul 3, 2025 - Jul 25, 2025	-4.40% Nov 27, 2020 - Dec 8, 2020
#5	-0.86% Oct 28, 2025 - Nov 26, 2025	-3.07% Jan 7, 2021 - Jan 12, 2021
#6	-0.77% Sep 11, 2025 - Sep 23, 2025	-3.01% Dec 8, 2020 - Dec 15, 2020
#7	-0.77% Dec 3, 2025 - Dec 18, 2025	-2.50% Dec 23, 2020 - Jan 4, 2021
#8	-0.73% Oct 6, 2025 - Oct 15, 2025	-2.42% Nov 3, 2020 - Nov 5, 2020
#9	-0.61% Aug 28, 2025 - Sep 4, 2025	-2.02% Nov 9, 2020 - Nov 11, 2020
#10	-0.60% Aug 13, 2025 - Aug 22, 2025	-1.69% Oct 29, 2020 - Nov 2, 2020
#11	-0.60% Sep 24, 2025 - Oct 6, 2025	-0.97% Nov 11, 2020 - Nov 16, 2020
#12	-0.49% Aug 22, 2025 - Aug 28, 2025	-0.21% Jan 22, 2021 - Jan 26, 2021
#13	-0.38% Nov 28, 2025 - Dec 2, 2025	N/A
#14	-0.31% Oct 21, 2025 - Oct 27, 2025	N/A
#15	-0.23% Dec 18, 2025 - Dec 24, 2025	N/A

Correlation

Correlation between GEMD and CTEC is -0.31 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.31

-101