GSEEvsHEEMETF Comparison
ETF 1
GSEE
Goldman Sachs MarketBeta Emerging Markets Equity ETF
This fund is part of
EM Large & Mid Cap
-2.56%
VS
ETF 2
HEEM
iShares Currency Hedged MSCI Emerging Markets ETF
This fund is part of
EM Large & Mid Cap
-2.56%
Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) and iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) belong to the same industry segment: EM Large & Mid Cap. GSEE's top 3 sector exposures are Technology, Finance and Industrials. In contrast, HEEM's top sector exposures are Technology, Finance and Non-Energy Materials. GSEE is less expensive with a Total Expense Ratio (TER) of 0.45%, versus 1.51% for HEEM. GSEE is up 16.39% year-to-date (YTD) with -$19M in YTD flows. HEEM performs better with 17.71% YTD performance, and +$50M in YTD flows. Run a side-by-side ETF comparison of GSEE and HEEM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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GSEE vs HEEM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GSEE HEEM | -5.77%-6.73% | +1.44%+0.27% | +16.39%+17.71% | +29.21%+34.06% | +66.87%+76.26% | +42.82%+55.10% |
| Flows | GSEE HEEM | -$3M+$11M | -$7M+$23M | -$19M+$50M | -$19M+$44M | +$48M+$53M | +$49M+$21M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GSEE HEEM | +29.03%+31.75% | +21.76%+21.88% | +17.11%+17.47% | +16.69%+17.45% |
| Max drawdown | GSEE HEEM | -10.16%-11.60% | -13.18%-11.60% | -15.26%-14.41% | -32.28%-27.98% |
| Max drawdown duration | GSEE HEEM | 32d32d | 57d32d | 230d240d | 1371d1114d |
Trading data
GSEE | HEEM | |
Last sale 7/27/2026 at 1:30 PM | $65.48 | $40.92 |
| Previous close 07/24/2026 | $65.35 | $40.75 |
| Consolidated volume 07/24/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
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GSEE | HEEM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 7/27/2026 at 1:30 PM
Live
Closed
GSEE | HEEM | |
|---|---|---|
| Last price | $65.48 | $40.92 |
| 1D performance | +0.20% | +0.40% |
| AuM | $131.38 M | $274.94 M |
| E/R | 0.45% | 1.51% |
Characteristics
GSEE | HEEM | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Goldman Sachs | iShares |
| Benchmark | Solactive GBS Emerging Markets Large & Mid Cap Index | MSCI Emerging Markets Index |
| N° of holdings | 1626 | 1121 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 12, 2020 | September 23, 2014 |
| ESG | No | No |
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Exposure
Countries
GSEE
Taiwan
25.66%
Republic of Korea
22.58%
China
18.14%
India
11.21%
Other
22.42%
HEEM
Taiwan
27.28%
Republic of Korea
23.67%
China
17.19%
India
11.06%
Other
20.81%
Sectors
GSEE
Technology
45.4%
Finance
19.43%
Other
35.17%
HEEM
Technology
48.23%
Finance
20.33%
Other
31.44%
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Diversification
GSEE
Total weight of top 15 holdings out of 15
39.68%
HEEM
Total weight of top 15 holdings out of 15
43.54%
Top 15 holdings
Data as of June 30, 2026
GSEE
Taiwan Semiconductor Manufacturing Co., Ltd.
13.36%
Samsung Electronics Co., Ltd.
7.29%
SK hynix, Inc.
7.21%
Tencent Holdings Ltd.
2.51%
Alibaba Group Holding Ltd.
1.58%
MediaTek, Inc.
1.34%
Delta Electronics, Inc.
0.85%
Samsung Electronics Co., Ltd.
0.82%
China Construction Bank Corp.
0.75%
HDFC Bank Ltd.
0.71%
Hon Hai Precision Industry Co., Ltd.
0.70%
SK Square Co. Ltd.
0.70%
International Holding Co. PJSC
0.66%
Reliance Industries Ltd.
0.62%
ICICI Bank Ltd.
0.59%
HEEM
Taiwan Semiconductor Manufacturing Co., Ltd.
15.05%
Samsung Electronics Co., Ltd.
8.14%
SK hynix, Inc.
7.63%
Tencent Holdings Ltd.
2.73%
Alibaba Group Holding Ltd.
1.60%
MediaTek, Inc.
1.55%
Delta Electronics, Inc.
0.96%
Samsung Electronics Co., Ltd.
0.89%
SK Square Co. Ltd.
0.82%
Hon Hai Precision Industry Co., Ltd.
0.78%
HDFC Bank Ltd.
0.77%
China Construction Bank Corp.
0.70%
Reliance Industries Ltd.
0.67%
Samsung Electro-Mechanics Co., Ltd.
0.64%
ICICI Bank Ltd.
0.62%
Frequently asked questions about GSEE and HEEM
How have the GSEE and HEEM ETFs performed in 2026?
As of July 24, 2026, GSEE is up 16.39% year-to-date (YTD), while HEEM has returned 17.71%. That puts HEEM better performer ahead so far this year.
Which ETF is attracting more investor money: GSEE or HEEM?
Year-to-date, the GSEE ETF saw -$19M in flows, compared to +$50M for HEEM.
Which ETF is more volatile: GSEE or HEEM?
Over the past year, GSEE had a volatility of 21.76%, while HEEM experienced 21.88%.
Which ETF is bigger: GSEE or HEEM?
As of July 24, 2026, GSEE holds $131.38 M in assets under management (AUM), while HEEM manages $274.94 M.
What sectors do the GSEE and HEEM ETFs invest in?
GSEE leans toward sectors like Technology and Finance. Meanwhile, HEEM focuses on Technology and Finance.
What are the top holdings of the GSEE ETF and HEEM ETF?
GSEE top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc.. HEEM holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..
Which ETF is more diversified: GSEE or HEEM?
GSEE holds 1753 securities with 39.68% of its assets in the top 15. HEEM has 1179 securities and a top 15 weight of 43.54%.
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