GEM
StockGoldman Sachs ActiveBeta Emerging Markets Equity ETF
One email when a drop — in price or in valuation — is historically rare for GEM. Otherwise we stay quiet.
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Goldman Sachs ActiveBeta Emerging Markets Equity ETF is 7.8% off its high — a mild dip, shallower than its 3.2% average pullback. Whatever the news says today, this isn't historically significant.
Slightly Elevated
Current Drawdown
-7.8%
Days in Drawdown
21
Avg Max Drawdown
3.2%
Avg Length
55
Drawdown Severity Score™
1.9
GEM - Price & High Water Mark
GEM - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) Analysis: Current Drawdown Insights
Goldman Sachs ActiveBeta Emerging Markets Equity ETF is currently in a moderate drawdown. As of 2026-07-15, the stock is trading at $49.82, down 7.8% from its all-time high of $54.06. This pullback has lasted 21 days.
Based on its full tracked price history, Goldman Sachs ActiveBeta Emerging Markets Equity ETF typically experiences drawdowns averaging 3.2% in depth, with an average duration of 55 days. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has gone through 68 total drawdown events in its tracked history. The largest drawdown on record for Goldman Sachs ActiveBeta Emerging Markets Equity ETF was 37.0%, beginning in 2018. The longest drawdown duration on record was 1609 days.
The Drawdown Severity Score™ for Goldman Sachs ActiveBeta Emerging Markets Equity ETF currently stands at 1.92. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range: a routine pullback.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Goldman Sachs ActiveBeta Emerging Markets Equity ETF's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 68 tracked pullbacks (56 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-06-24 | Ongoing | 21 days | -7.8% | $54.06 | $49.82 | n/a |
| 2026-06-03 | 2026-06-18 | 16 days | -8.5% | $53.65 | $49.08 | $53.81 |
| 2026-05-27 | 2026-05-28 | 2 days | -0.1% | $51.81 | $51.77 | $51.95 |
| 2026-05-12 | 2026-05-26 | 15 days | -5.2% | $51.41 | $48.76 | $51.81 |
| 2026-05-07 | 2026-05-08 | 2 days | -1.4% | $51.03 | $50.32 | $51.37 |
| 2026-04-20 | 2026-05-01 | 12 days | -2.5% | $48.36 | $47.16 | $48.42 |
| 2026-02-26 | 2026-04-17 | 50 days | -13.5% | $48.24 | $41.73 | $48.36 |
| 2026-02-23 | 2026-02-24 | 2 days | -1.0% | $47.46 | $46.98 | $47.67 |
| 2026-02-12 | 2026-02-20 | 8 days | -1.1% | $46.90 | $46.39 | $47.46 |
| 2026-01-29 | 2026-02-09 | 12 days | -3.5% | $46.14 | $44.54 | $46.15 |
| 2026-01-16 | 2026-01-21 | 6 days | -1.1% | $44.07 | $43.58 | $44.17 |
| 2026-01-13 | 2026-01-15 | 3 days | -0.9% | $43.94 | $43.56 | $44.07 |
| 2026-01-07 | 2026-01-12 | 5 days | -0.8% | $43.54 | $43.18 | $43.94 |
| 2025-10-30 | 2026-01-05 | 68 days | -4.7% | $42.69 | $40.67 | $43.17 |
| 2025-10-28 | 2025-10-29 | 2 days | -0.1% | $42.58 | $42.55 | $42.69 |
| 2025-10-21 | 2025-10-24 | 4 days | -0.9% | $41.92 | $41.53 | $42.11 |
| 2025-10-07 | 2025-10-20 | 14 days | -4.2% | $41.48 | $39.72 | $41.92 |
| 2025-09-18 | 2025-10-01 | 14 days | -1.5% | $40.87 | $40.27 | $41.10 |
| 2025-09-12 | 2025-09-15 | 4 days | -0.1% | $40.24 | $40.21 | $40.49 |
| 2025-08-25 | 2025-09-08 | 15 days | -1.5% | $39.02 | $38.42 | $39.22 |
| 2025-08-14 | 2025-08-22 | 9 days | -1.6% | $38.93 | $38.30 | $39.02 |
| 2025-07-24 | 2025-08-12 | 20 days | -3.3% | $38.38 | $37.12 | $38.45 |
| 2025-07-22 | 2025-07-23 | 2 days | -0.1% | $38.01 | $37.99 | $38.38 |
| 2025-07-18 | 2025-07-21 | 4 days | -0.4% | $37.92 | $37.76 | $38.01 |
| 2021-02-18 | 2025-07-16 | 1609 days | -36.2% | $37.60 | $23.97 | $37.74 |
| 2021-01-22 | 2021-02-09 | 19 days | -5.2% | $36.75 | $34.84 | $37.00 |
| 2021-01-15 | 2021-01-20 | 6 days | -1.6% | $36.14 | $35.56 | $36.62 |
| 2021-01-11 | 2021-01-14 | 4 days | -1.0% | $35.81 | $35.47 | $36.14 |
| 2021-01-06 | 2021-01-08 | 3 days | -0.9% | $35.01 | $34.70 | $35.81 |
| 2020-12-31 | 2021-01-04 | 5 days | -0.2% | $34.14 | $34.09 | $34.28 |
| 2020-12-18 | 2020-12-29 | 12 days | -2.1% | $33.62 | $32.91 | $33.70 |
| 2020-12-11 | 2020-12-15 | 5 days | -1.0% | $33.26 | $32.92 | $33.28 |
| 2020-12-09 | 2020-12-10 | 2 days | -0.9% | $33.20 | $32.92 | $33.26 |
| 2020-12-07 | 2020-12-08 | 2 days | -0.0% | $33.18 | $33.17 | $33.20 |
| 2018-01-29 | 2020-12-04 | 1041 days | -37.0% | $32.97 | $20.76 | $33.18 |
| 2018-01-25 | 2018-01-26 | 2 days | -0.2% | $32.59 | $32.52 | $32.97 |
| 2018-01-16 | 2018-01-17 | 2 days | -0.4% | $31.40 | $31.27 | $31.68 |
| 2018-01-09 | 2018-01-12 | 4 days | -0.8% | $31.10 | $30.86 | $31.40 |
| 2017-11-24 | 2017-12-29 | 36 days | -5.1% | $29.78 | $28.25 | $29.94 |
| 2017-11-09 | 2017-11-17 | 9 days | -2.3% | $29.19 | $28.51 | $29.22 |
| 2017-11-07 | 2017-11-08 | 2 days | -0.7% | $29.17 | $28.96 | $29.19 |
| 2017-10-17 | 2017-11-06 | 21 days | -2.2% | $29.01 | $28.36 | $29.17 |
| 2017-10-06 | 2017-10-10 | 5 days | -0.5% | $28.49 | $28.34 | $28.64 |
| 2017-09-20 | 2017-10-05 | 16 days | -3.3% | $28.48 | $27.53 | $28.49 |
| 2017-09-13 | 2017-09-15 | 3 days | -0.5% | $28.26 | $28.13 | $28.33 |
| 2017-09-08 | 2017-09-11 | 4 days | -0.7% | $28.11 | $27.92 | $28.21 |
| 2017-09-05 | 2017-09-07 | 3 days | -1.2% | $28.07 | $27.73 | $28.11 |
| 2017-08-28 | 2017-09-01 | 5 days | -0.6% | $28.01 | $27.83 | $28.07 |
| 2017-08-09 | 2017-08-23 | 15 days | -3.1% | $27.59 | $26.73 | $27.75 |
| 2017-08-02 | 2017-08-07 | 6 days | -0.5% | $27.41 | $27.27 | $27.58 |
| 2017-07-27 | 2017-08-01 | 6 days | -0.5% | $27.39 | $27.26 | $27.41 |
| 2017-05-17 | 2017-06-08 | 23 days | -3.5% | $26.06 | $25.14 | $26.14 |
| 2017-03-21 | 2017-04-25 | 36 days | -2.9% | $25.01 | $24.28 | $25.14 |
| 2017-02-23 | 2017-03-15 | 20 days | -3.2% | $24.36 | $23.58 | $24.62 |
| 2016-09-07 | 2017-02-09 | 156 days | -9.7% | $23.67 | $21.38 | $23.71 |
| 2016-08-16 | 2016-09-06 | 22 days | -3.4% | $23.51 | $22.70 | $23.67 |
| 2015-10-14 | 2016-07-14 | 275 days | -19.7% | $22.22 | $17.84 | $22.28 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) is trading at $49.82 as of Jul 15, 2026. It is 7.8% below its high of $54.06. The drawdown has lasted 21 days. Severity score: 1.9 (Slightly Elevated).
GEM Price History and Drawdown Data
Latest price
$49.82
High-water mark
$54.06
Current drawdown
-7.8%
Days in drawdown
21
This GEM page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Goldman Sachs ActiveBeta Emerging Markets Equity ETF drawdowns.
What History Says About GEM
Goldman Sachs ActiveBeta Emerging Markets Equity ETF has dropped 5%+ from its high 9 times in its tracked history. These events lasted an average of 357 days with an average max drop of -15.6%.
The current drawdown of -7.8% has lasted 21 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Jan 2018 to Dec 2020 | -37.0% | 1041 days |
| Feb 2021 to Jul 2025 | -36.2% | 1609 days |
| Oct 2015 to Jul 2016 | -19.7% | 275 days |
| Feb 2026 to Apr 2026 | -13.5% | 50 days |
| Sep 2016 to Feb 2017 | -9.7% | 156 days |
| Jun 2026 to Jun 2026 | -8.5% | 16 days |
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