GEMD Performance — Goldman Sachs Access Emerging Markets USD Bond ETF
Data updated: 2026-07-24
GEMD returned +1.42% year to date and +11.49% over one year to May 2026. The annualised 3-year return is +8.59%. The fund trailed its Emerging Markets Bond category average: $100 invested three years ago grew to $128, against $131 for the category, and to $111 over one year, against $112. Volatility over the past three years was 6.86% a year. In the 12 months to May 2026 the fund took in a net $5.1M, and assets reached $33.89M.
GEMD Growth of $100
What $100 invested in Goldman Sachs Access Emerging Markets USD Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | GEMD | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $111 | $112 |
| 3 years (Jun 2023 – May 2026) | $128 | $131 |
| Since data start (Feb 2022 – May 2026) | $110 | $120 |
GEMD Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.42% |
| 1 year | +11.49% |
| 3 years (annualised) | +8.59% |
GEMD Annual Returns
Calendar-year total returns of Goldman Sachs Access Emerging Markets USD Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.42% |
| 2025 | +13.43% |
| 2024 | +3.37% |
| 2023 | +8.42% |
| 2022 (Feb–Dec) | −14.92% |
GEMD Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | +1.4% | −3.6% | +2.6% | +0.8% | — | — | — | — | — | — | — |
| 2025 | +1.3% | +1.4% | −0.6% | +0.2% | +0.9% | +2.2% | +1.2% | +1.4% | +1.6% | +2.6% | +0.2% | +0.4% |
| 2024 | −1.2% | +0.7% | +1.6% | −2.2% | +1.8% | +0.7% | +1.8% | +2.3% | +1.8% | −2.5% | +0.7% | −2.0% |
| 2023 | +2.9% | −2.5% | +1.1% | +0.2% | −1.0% | +1.4% | +1.7% | −1.7% | −2.8% | −1.5% | +5.6% | +5.0% |
| 2022 | — | −5.8% | −0.8% | −5.5% | +0.1% | −7.3% | +2.9% | −0.6% | −6.9% | +0.9% | +7.5% | +0.4% |
GEMD Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.86%
- 3-year Sharpe ratio: 0.60 (vs 4.5% risk-free rate)
- Best month: +5.63% (Nov 2023)
- Worst month: −3.55% (Mar 2026)
GEMD Fund Flows
Monthly money in and out of Goldman Sachs Access Emerging Markets USD Bond ETF, from SEC Form N-PORT.
- 12-month net flow: $5.1M
- 12-month gross sales (incl. reinvestments): $7.1M
- Sales ÷ redemptions: 3.45×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $2.1M | −$2.1M |
| Feb 2026 | $941K | $0 | $941K |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $2.1M | $0 | $2.1M |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $2.0M | $0 | $2.0M |
| Jun 2025 | $2.0M | $0 | $2.0M |
GEMD Assets Under Management
Net assets of Goldman Sachs Access Emerging Markets USD Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $33.89M |
| 2026-02-28 | $36.61M |
| 2025-11-30 | $32.10M |
| 2025-08-31 | $31.21M |
| 2025-05-31 | $26.16M |
| 2025-02-28 | $71.63M |
| 2024-11-30 | $68.09M |
| 2024-08-31 | $66.97M |
| 2024-05-31 | $58.71M |
| 2024-02-29 | $56.85M |
| 2023-11-30 | $53.23M |
| 2023-08-31 | $51.46M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.