GEMD was created on 2022-02-15 by Goldman Sachs. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 33.32m in AUM and 190 holdings. GEMD tracks a market value-weighted index of USD-denominated emerging markets government bonds of various credit quality and maturity. Bonds are selected by multiple economic factors such as governance indicators, import coverage, and inflation.