Pacific North of South EM Equity Active ETF (GEME) Performance
GEME total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +18.1% since Dec 31, 2025
- 1 year
- +25.4% total return
- Since first price
- +62.2% since 2025
GEME trailing returns vs SPY, QQQ, AGG
| Period | GEME total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −9.2% | −9.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.7% | −8.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.3% | −1.3% | +7.8% | +8.4% | −1.5% |
| YTD | +18.1% | +18.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +25.4% | +17.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 23, 2025 | +62.2% | +51.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GEME vs SPY
From Jan 23, 2025: GEME grew to $16,222, SPY to $12,708.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GEME returns by calendar year
2026 is year to date.
GEME annual returns table
| Year | GEME | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +18.1% | −16.3% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GEME largest drawdowns
Now 15.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 17, 2025 | −16.9% | Apr 7, 2025 | Jun 9, 2025 | 21 days | 3 months |
| Jun 2, 2026 | −16.3% | Oct 22, 2026 | not yet | 5 months | 5 months so far |
| Feb 25, 2026 | −13.5% | Mar 30, 2026 | Apr 22, 2026 | 33 days | 56 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GEME risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +40.0% |
| Volatility (annualized) | 20.2% |
| Sharpe ratio | 1.60 |
| Sortino ratio | 3.53 |
| Best month | +14.4% |
| Worst month | −10.0% |
| Best 12 months | +80.2% |
| Worst 12 months | +37.9% |
| Positive months | 70% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GEME rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 10 | +23.5% | +56.3% | +80.2% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
GEME performance overview
Pacific North of South EM Equity Active ETF (GEME) returned +25.4% over the past year, with distributions reinvested. Since its first recorded price on Jan 23, 2025 it has returned +62.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.9%, from Mar 17, 2025 to Apr 7, 2025, and it took 2 months to get back to the old high. Volatility has been 20.2% a year.
Related: GEME chart, GEME holdings, GEME dividends. See the GEME overview for the latest quote and fund facts.
GEME performance FAQ
What is the GEME return over the past year?
GEME returned +25.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.1%.
How much would $10,000 invested in GEME be worth?
$10,000 invested in GEME at its first recorded close on January 23, 2025 would be worth about $16,222 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of GEME?
The largest peak-to-trough decline was −16.9% between March 17, 2025 and April 7, 2025. It recovered to the old high on June 9, 2025, 2 months after the bottom.
How volatile is GEME?
Over the past history GEME had an annualized volatility of 20.2% and a Sharpe ratio of 1.60 (excess return over 1–3 month T-bills per unit of risk).