State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
$53.84−0.84 (−1.54%)
- Expense ratio
- 0.30%
- Fund size
- $188M
- 1Y return
- +34.6%
- Yield · Last 12 months
- 1.75%
- Holdings
- 1049
- Volume · 30D
- 0M sh
- NAV per share
- $53.85
- 52W range
The ETF.net EEMX Grade
Score 62 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 54Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 48Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 35Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 55Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 72Category rank
Our read on EEMX
BOne rule, cleanly applied: MSCI's emerging markets benchmark minus every company that owns oil, gas or coal reserves. State Street planted this flag in EM first, back in 2016, and left the other thousand-odd names alone.
The fund seeks to track the MSCI Emerging Markets ex Fossil Fuels Index before fees and expenses. Its strategy provides emerging-markets equity exposure while excluding companies that own fossil-fuel reserves.
Why people hold it
- One legible screen, not a scoring system: owners of fossil fuel reserves are out, everything else stays. You can explain the portfolio in a sentence.ssga.com
- At 0.30% it undercuts the median fee in its values-screened EM peer group, and the screen is applied literally: the name is the methodology.
- About a thousand emerging-markets holdings, so pulling out the reserve owners still leaves a broad index rather than a narrow bet.
- State Street bills it as the first emerging markets fossil fuel reserves free ETF, running since 2016, so the record spans several full EM cycles.ssga.com
Worth knowing
- Reserve ownership is the only line drawn. Refiners, coal-burning utilities and other heavy emitters that hold no reserves can still be in the portfolio.ssga.com
- It trades thinly next to the giant EM index funds, so the bid-ask spread is a real part of the cost of getting in and out.
- Cheaper screened EM options sit in the same group, including LDEM at 0.16% and ESGE at 0.25%.
EEMX Holdings
- Stocks
- 1,049
- 40%
- 2330.TW
Sectors
- Technology42.9%
- Financials20.7%
- Consumer Discr.8.7%
- Communication6.5%
- Industrials6.5%
- Materials6.2%
- Health Care3.0%
- Cons. Staples2.8%
- Utilities1.2%
- Real Estate1.0%
- Energy0.5%
Geography
- Taiwan29.64%
- South Korea21.25%
- China17.90%
- India10.20%
- Brazil3.49%
- South Africa2.76%
- Saudi Arabia2.16%
- Mexico1.67%
- 10.93%
Developed 2% · Emerging 98%
EEMX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EEMX |
|---|---|
| Year to date | +28.8% |
| 1 month | +3.5% |
| 3 months | −2.6% |
| 1 year | +34.6% |
| 3 years | +25.7% |
| 5 years | +10.0% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EEMX |
|---|---|---|
| 2026 YTD | +28.8% | |
| 2025 | +35.2% | |
| 2024 | +7.3% | |
| 2023 | +9.8% | |
| 2022 | −19.8% | |
| 2021 | −3.6% | |
| 2020 | +19.6% |
EEMX in the news
ETF.net Research hasn’t filed on EEMX yet — coverage lands here as it’s written.
EEMX Dividends
- 1.75%
- $0.96
- $0.12 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 1, 2026 | Jun 5, 2026 | $0.12 |
| Nov 25, 2025 | Dec 2, 2025 | $0.84 |
| Jun 2, 2025 | Jun 6, 2025 | $0.13 |
| Dec 18, 2024 | Dec 24, 2024 | $0.53 |
| Jun 3, 2024 | Jun 7, 2024 | $0.20 |
| Dec 15, 2023 | Dec 22, 2023 | $0.47 |
| Jun 1, 2023 | Jun 8, 2023 | $0.21 |
| Dec 16, 2022 | Dec 23, 2022 | $0.51 |
| Jun 1, 2022 | Jun 8, 2022 | $0.18 |
| Dec 17, 2021 | Dec 27, 2021 | $0.46 |
| Jun 1, 2021 | Jun 8, 2021 | $0.17 |
| Dec 18, 2020 | Dec 28, 2020 | $0.38 |
EEMX Risk
- 15.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.13
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −33.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.17
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EEMX Cost
- The middle half of Emerging Markets ESG & Values Index funds
- Median 0.33%
5 of the 12 Emerging Markets ESG & Values Index funds charge less.