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What does the GEM ETF mean?
Growth enterprise market ETF, like ordinary ETF, only tracks the growth enterprise market composite index.

Transactional open-end index fund, also known as exchange-traded fund (ETF), is an open-end fund listed and traded on the exchange, with variable fund share.

Extended data:

Growth enterprise market, also known as the second board market, is a kind of securities market different from the main board market. It is a stock exchange market that provides financing channels and growth space for entrepreneurial enterprises, small and medium-sized enterprises, high-tech industrial enterprises and other enterprises that need financing and development. It is an important supplement to the main board market and plays an important role in the capital market.

The market code of China Growth Enterprise Market starts with 300.

References:

Baidu Encyclopedia Trading Open Index Fund