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HEEMvsGSEEETF Comparison

ETF 1

HEEM

iShares Currency Hedged MSCI Emerging Markets ETF

This fund is part of

EM Large & Mid Cap

-2.95%

Full HEEM fund page

VS

ETF 2

GSEE

Goldman Sachs MarketBeta Emerging Markets Equity ETF

This fund is part of

EM Large & Mid Cap

-2.95%

Full GSEE fund page

iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) and Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) belong to the same industry segment: EM Large & Mid Cap. HEEM's top 3 sector exposures are Technology, Finance and Non-Energy Materials. In contrast, GSEE's top sector exposures are Technology, Finance and Industrials. HEEM is more expensive with a Total Expense Ratio (TER) of 1.51%, versus 0.45% for GSEE. HEEM is up 11.74% year-to-date (YTD) with +$63M in YTD flows. GSEE performs better with 12.19% YTD performance, and -$19M in YTD flows. Run a side-by-side ETF comparison of HEEM and GSEE 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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HEEM vs GSEE performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/30/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	HEEM GSEE	-8.17%-8.05%	-4.80%+0.40%	+11.74%+12.19%	+12.37%+11.69%	+80.26%+75.37%	+47.03%+37.99%
Flows	HEEM GSEE	-$180K-	+$13M-	+$63M-$19M	+$65M-$19M	+$67M+$48M	+$48M+$49M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HEEM GSEE	+19.12%+21.40%	+23.48%+23.87%	+18.16%+17.99%	+17.81%+17.07%
Max drawdown	HEEM GSEE	-10.91%-10.56%	-16.08%-13.18%	-16.08%-15.26%	-26.66%-31.01%
Max drawdown duration	HEEM GSEE	38d51d	130d57d	130d230d	967d1290d

Trading data

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	HEEM	GSEE
Last sale 10/30/2026 at 1:30 PM	$38.64	$62.72
Previous close 10/29/2026	$39.63	$64.34
Consolidated volume 10/29/2026
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

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	HEEM	GSEE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/30/2026 at 1:30 PM

Live

Closed

	HEEM	GSEE
Last price	$38.64	$62.72
1D performance	-2.50%	-2.52%
AuM	$273.37 M	$126.64 M
E/R	1.51%	0.45%

Characteristics

	HEEM	GSEE
Management strategy	Passive	Passive
Provider	iShares	Goldman Sachs
Benchmark	MSCI Emerging Markets Index	Solactive GBS Emerging Markets Large & Mid Cap Index
N° of holdings	1	1538
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	September 23, 2014	May 12, 2020
ESG	No	No

More HEEM data on Trackinsight

More GSEE data on Trackinsight

Exposure

Countries

HEEM

Taiwan

28.81%

Republic of Korea

21.29%

China

17.69%

India

10.6%

Other

21.61%

GSEE

Taiwan

27.42%

Republic of Korea

20.88%

China

18.03%

India

10.95%

Other

22.72%

Sectors

HEEM

Technology

46.58%

Finance

21.02%

Other

32.4%

GSEE

Technology

44.65%

Finance

19.86%

Other

35.49%

Diversification

HEEM

Total weight of top 1 holdings out of 1

99.9%

GSEE

Total weight of top 15 holdings out of 15

39.65%

Top 15 holdings

Data as of September 30, 2026

HEEM

US4642872349

99.90%

GSEE

Taiwan Semiconductor Manufacturing Co., Ltd.

13.94%

Samsung Electronics Co., Ltd.

7.30%

SK hynix, Inc.

5.75%

Tencent Holdings Ltd.

2.58%

Alibaba Group Holding Ltd.

1.88%

MediaTek, Inc.

1.78%

Samsung Electronics Co., Ltd.

0.96%

China Construction Bank Corp.

0.85%

Delta Electronics, Inc.

0.84%

Hon Hai Precision Industry Co., Ltd.

0.71%

HDFC Bank Ltd.

0.66%

International Holding Co. PJSC

0.65%

ASE Technology Holding Co., Ltd.

0.62%

SK Square Co. Ltd.

0.57%

ICICI Bank Ltd.

0.55%

Frequently asked questions about HEEM and GSEE

How have the HEEM and GSEE ETFs performed in 2026?

As of October 30, 2026, HEEM is up 11.74% year-to-date (YTD), while GSEE has returned 12.19%. That puts GSEE better performer ahead so far this year.

Which ETF is attracting more investor money: HEEM or GSEE?

Year-to-date, the HEEM ETF saw +$63M in flows, compared to -$19M for GSEE.

Which ETF is more volatile: HEEM or GSEE?

Over the past year, HEEM had a volatility of 23.48%, while GSEE experienced 23.87%.

Which ETF is bigger: HEEM or GSEE?

As of October 30, 2026, HEEM holds $273.37 M in assets under management (AUM), while GSEE manages $126.64 M.

What sectors do the HEEM and GSEE ETFs invest in?

HEEM leans toward sectors like Technology and Finance. Meanwhile, GSEE focuses on Technology and Finance.

What are the top holdings of the HEEM ETF and GSEE ETF?

HEEM top holdings include US4642872349. GSEE holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..

HEEMvsGSEEETF Comparison

iShares Currency Hedged MSCI Emerging Markets ETF

Goldman Sachs MarketBeta Emerging Markets Equity ETF

HEEM vs GSEE performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the HEEM and GSEE ETFs performed in 2026?

As of October 30, 2026, HEEM is up 11.74% year-to-date (YTD), while GSEE has returned 12.19%. That puts GSEE better performer ahead so far this year.

Which ETF is attracting more investor money: HEEM or GSEE?

Year-to-date, the HEEM ETF saw +$63M in flows, compared to -$19M for GSEE.

Which ETF is more volatile: HEEM or GSEE?

Over the past year, HEEM had a volatility of 23.48%, while GSEE experienced 23.87%.

Which ETF is bigger: HEEM or GSEE?

As of October 30, 2026, HEEM holds $273.37 M in assets under management (AUM), while GSEE manages $126.64 M.

What sectors do the HEEM and GSEE ETFs invest in?

HEEM leans toward sectors like Technology and Finance. Meanwhile, GSEE focuses on Technology and Finance.

What are the top holdings of the HEEM ETF and GSEE ETF?

HEEM top holdings include US4642872349. GSEE holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..

Which ETF is more diversified: HEEM or GSEE?

HEEM holds 1169 securities with 99.9% of its assets in the top 15. GSEE has 1666 securities and a top 15 weight of 39.65%.

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