GMFvsDFAEETF Comparison
VS
State Street SPDR S&P Emerging Asia Pacific ETF (GMF) and Dimensional Emerging Core Equity Market ETF (DFAE) belong to the same industry segment: EM Blended Cap. Both ETFs have the same top 3 sector exposures: Technology, Finance and Non-Energy Materials. GMF is more expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.29% for DFAE. GMF is up 9.62% year-to-date (YTD) with -$21M in YTD flows. DFAE performs better with 16.4% YTD performance, and +$1.10B in YTD flows. Run a side-by-side ETF comparison of GMF and DFAE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
GMF vs DFAE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GMF DFAE | -1.49%-3.44% | -0.90%-3.09% | +9.62%+16.40% | +9.62%+19.81% | +65.06%+78.21% | +32.79%+50.83% |
| Flows | GMF DFAE | -$24M+$24M | -$32M+$372M | -$21M+$1.10B | -$36M+$1.29B | -$96M+$3.57B | -$242M+$6.36B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GMF DFAE | +15.69%+21.26% | +16.76%+21.37% | +15.28%+16.87% | +16.04%+16.49% |
| Max drawdown | GMF DFAE | -4.84%-7.34% | -11.55%-12.75% | -18.08%-16.33% | -33.25%-28.49% |
| Max drawdown duration | GMF DFAE | 24d36d | 65d115d | 261d245d | 1044d905d |
Trading data
GMF | DFAE | |
Last sale 10/16/2026 at 1:30 PM | $150.51 | $37.24 |
| Previous close 10/15/2026 | $153.12 | $37.87 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
DFAE
is actively managed and doesn’t replicate an indexGMF | DFAE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
GMF | DFAE | |
|---|---|---|
| Last price | $150.51 | $37.24 |
| 1D performance | -1.70% | -1.66% |
| AuM | $396.31 M | $9.56 B |
| E/R | 0.49% | 0.29% |
Characteristics
GMF | DFAE | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | State Street Investment Management | Dimensional |
| Benchmark | S&P Emerging Asia Pacific BMI Index | - |
| N° of holdings | 1232 | 6053 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 20, 2007 | February 12, 2020 |
| ESG | No | No |
Advertisement
Exposure
Countries
GMF
Taiwan
40.55%
China
30.25%
India
19.53%
Other
9.67%
DFAE
Taiwan
28.39%
Republic of Korea
19.09%
China
17.66%
India
12.7%
Other
22.16%
Sectors
GMF
Technology
42.64%
Finance
17.97%
Non-Energy Materi.
7.87%
Industrials
7.06%
Other
24.45%
DFAE
Technology
41.63%
Finance
19.12%
Non-Energy Materi.
8.97%
Industrials
7.95%
Other
22.34%
Advertisement
Diversification
GMF
Total weight of top 15 holdings out of 15
34.45%
DFAE
Total weight of top 15 holdings out of 15
32.27%
Top 15 holdings
Data as of August 31, 2026
GMF
Taiwan Semiconductor Manufacturing Co., Ltd.
11.35%
Taiwan Semiconductor Manufacturing Co., Ltd.
5.66%
Tencent Holdings Ltd.
3.45%
Alibaba Group Holding Ltd.
2.70%
MediaTek, Inc.
2.04%
China Construction Bank Corp.
1.21%
Hon Hai Precision Industry Co., Ltd.
1.20%
Delta Electronics, Inc.
1.18%
ASE Technology Holding Co., Ltd.
0.91%
ICICI Bank Ltd.
0.91%
Reliance Industries Ltd.
0.89%
HDFC Bank Ltd.
0.86%
Industrial & Commercial Bank of China Ltd.
0.82%
Elite Material Co., Ltd.
0.68%
United Microelectronics Corp.
0.60%
DFAE
Taiwan Semiconductor Manufacturing Co., Ltd.
12.94%
Samsung Electronics Co., Ltd.
5.25%
SK hynix, Inc.
4.62%
Tencent Holdings Ltd.
2.33%
Alibaba Group Holding Ltd.
1.10%
MediaTek, Inc.
1.02%
Hon Hai Precision Industry Co., Ltd.
0.76%
Samsung Electronics Co., Ltd.
0.75%
China Construction Bank Corp.
0.75%
Delta Electronics, Inc.
0.67%
ICICI Bank Ltd.
0.44%
Industrial & Commercial Bank of China Ltd.
0.44%
Samsung Electro-Mechanics Co., Ltd.
0.41%
Bharti Airtel Ltd.
0.39%
Ping An Insurance (Group) Co. of China Ltd.
0.39%
Frequently asked questions about GMF and DFAE
How have the GMF and DFAE ETFs performed in 2026?
As of October 16, 2026, GMF is up 9.62% year-to-date (YTD), while DFAE has returned 16.4%. That puts DFAE better performer ahead so far this year.
Which ETF is attracting more investor money: GMF or DFAE?
Year-to-date, the GMF ETF saw -$21M in flows, compared to +$1.10B for DFAE.
Which ETF is more volatile: GMF or DFAE?
Over the past year, GMF had a volatility of 16.76%, while DFAE experienced 21.37%.
Which ETF is bigger: GMF or DFAE?
As of October 16, 2026, GMF holds $396.31 M in assets under management (AUM), while DFAE manages $9.56 B.
What sectors do the GMF and DFAE ETFs invest in?
GMF leans toward sectors like Technology, Finance and Non-Energy Materials. Meanwhile, DFAE focuses on Technology, Finance and Non-Energy Materials.
What are the top holdings of the GMF ETF and DFAE ETF?
GMF top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Taiwan Semiconductor Manufacturing Co., Ltd. and Tencent Holdings Ltd.. DFAE holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..
Which ETF is more diversified: GMF or DFAE?
GMF holds 1261 securities with 34.45% of its assets in the top 15. DFAE has 6182 securities and a top 15 weight of 32.27%.
Advertisement
Advertisement
