GSST vs GEM

Comparison between GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF (GSST, ETF) and GOLDMAN SACHS ACTIVEBETA(R) EMERGING MARKETS EQUITY ETF (GEM, ETF).

5-Year PerformanceGEM has outperformed GSST, delivering a return of +6.2% compared to +3.7%

GSST vs GEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GSST(ETF)	GEM(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	0.16%	0.35%
Max Drawdown	3.58%	40.21%
Sharpe Ratio	1.48	1.60
5Y Beta	-0.00	0.80
5Y Dividends CAGR	41.15%	18.99%

Net Assets

GSST

$1.50B

GEM

$1.50B

Expense Ratio

Winner

GSST

0.16%

GEM

0.35%

Max Drawdown

Winner

GSST

3.58%

GEM

40.21%

Sharpe Ratio

GSST

1.48

Winner

GEM

1.60

5Y Beta

Winner

GSST

-0.00

GEM

0.80

5Y Dividends CAGR

Winner

GSST

41.15%

GEM

18.99%

GSST vs GEM - Historical Returns

Returns include dividend reinvestment.

Period	GSST	GEM
1 month	+0.31%	-0.66%
3 months	+0.91%	+11.95%
6 months	+1.85%	+19.74%
1 year	+4.58%	+40.67%
5 years(CAGR)	+3.75%	+6.22%
10 years(CAGR)	N/A	+9.06%
Max(CAGR)	+3.26%	+9.26%

Winner

GSST

+0.31%

GEM

-0.66%

GSST

+0.91%

Winner

GEM

+11.95%

GSST

+1.85%

Winner

GEM

+19.74%

GSST

+4.58%

Winner

GEM

+40.67%

5Y(CAGR)

GSST

+3.75%

Winner

GEM

+6.22%

10Y(CAGR)

GSST

N/A

GEM

+9.06%

Max(CAGR)

GSST

+3.26%

Winner

GEM

+9.26%

GSST vs GEM - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	GSST	GEM
2026	+1.50%	+15.16%
2025	+5.14%	+33.75%
2024	+6.02%	+7.92%
2023	+6.09%	+10.95%
2022	+0.09%	-21.72%
2021	+0.13%	-0.75%
2020	+1.73%	+11.23%
2019	+2.65%	+17.26%
2018	N/A	-15.62%
2017	N/A	+35.16%
2016	N/A	+12.61%
2015	N/A	+2.95%

GSST vs GEM Drawdown Comparison

The maximum drawdown for GSST was -3.51%, occurring on Mar 25, 2020. Recovery took 81 trading sessions.

The maximum drawdown for GEM was -37.01%, occurring on Mar 23, 2020. Recovery took 720 trading sessions.

The current GEM drawdown is -8.52%.

Rank	GSST	GEM
#1	-3.51% Mar 4, 2020 - Jun 29, 2020	-37.01% Jan 26, 2018 - Dec 4, 2020
#2	-1.19% Oct 4, 2021 - Jan 5, 2023	-36.24% Feb 17, 2021 - Jul 16, 2025
#3	-0.25% Apr 3, 2025 - Apr 24, 2025	-19.70% Oct 13, 2015 - Jul 14, 2016
#4	-0.24% Mar 14, 2023 - Mar 24, 2023	-13.50% Feb 25, 2026 - Apr 17, 2026
#5	-0.22% Jul 9, 2020 - Jul 20, 2020	-9.68% Sep 6, 2016 - Feb 9, 2017
#6	-0.16% Jun 20, 2019 - Jun 28, 2019	-8.52% Jun 2, 2026 - Jun 5, 2026
#7	-0.16% Jul 29, 2020 - Aug 4, 2020	-5.20% Jan 21, 2021 - Feb 9, 2021
#8	-0.15% Feb 27, 2026 - Mar 31, 2026	-5.15% May 11, 2026 - May 26, 2026
#9	-0.14% Aug 18, 2020 - Aug 21, 2020	-5.13% Nov 22, 2017 - Dec 29, 2017
#10	-0.14% Sep 18, 2020 - Oct 5, 2020	-4.73% Oct 29, 2025 - Dec 30, 2025
#11	-0.13% Jun 29, 2020 - Jul 7, 2020	-4.25% Oct 6, 2025 - Oct 20, 2025
#12	-0.12% Jul 20, 2020 - Jul 23, 2020	-3.50% May 16, 2017 - Jun 8, 2017
#13	-0.12% Aug 6, 2020 - Aug 18, 2020	-3.47% Jan 28, 2026 - Feb 9, 2026
#14	-0.12% Oct 5, 2020 - Oct 22, 2020	-3.45% Aug 15, 2016 - Sep 6, 2016
#15	-0.11% Feb 18, 2021 - May 26, 2021	-3.33% Sep 19, 2017 - Oct 5, 2017

Correlation

Correlation between GSST and GEM is 0.76 which considered as a strong positive correlation - the stocks tend to move together.

0.76

-101

Dividend Comparison (2015 - 2026)

GSST vs GEM dividend yield comparison.

Year	GSST	GEM
2026	1.63%	0.00%
2025	4.56%	2.30%
2024	5.45%	2.58%
2023	4.98%	2.97%
2022	1.97%	2.96%
2021	0.71%	3.00%
2020	1.12%	1.63%
2019	1.66%	3.13%
2018	0.00%	2.08%
2017	0.00%	1.81%
2016	0.00%	1.98%
2015	0.00%	0.25%