State Street SPDR S&P Emerging Asia Pacific ETF
$155.87+0.19 (+0.12%)
- 0.49%
- $409M
- +16.5%
- 1.19%
- 0M sh
- $157.30
- low $131.89high $161.39
The ETF.net GMF Grade
B
Score 68 out of 100
- 6 of 22
Score 68 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B55 out of 100Rank 10 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.A90 out of 100Rank 10 of 17Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C54 out of 100Rank 7 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B60 out of 100Rank 7 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A80 out of 100Rank 4 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 4 of 22
Our read on GMF
BThe emerging-markets fund that leaves out Brazil and South Africa on purpose. GMF holds emerging Asia only, roughly 1,300 stocks deep, and has been running since 2007.
The fund seeks to track, before fees and expenses, the total return performance of the S&P Emerging Asia Pacific BMI Index.
Why people hold it
- Pure emerging Asia by design. The index is Asia Pacific only, so no Latin America or EMEA names dilute the regional call.ssga.com
- Roughly 1,300 holdings reaches well past the megacaps most emerging-markets funds stop at, giving broader coverage of the region's listed market.
- It has hugged its S&P index closely, one of the tighter implementations in its emerging-markets peer group.
- Trading since 2007, a long live record for a single-region emerging-markets fund, backed by a State Street SPDR lineup.
Worth knowing
- The regional focus costs 0.49% a year. Broad emerging-markets index funds like VEXC (0.07%) and BKEM (0.11%) charge a fraction of that.
- It is thinly traded, so bid-ask spreads can widen, especially on larger orders or outside Asian market hours.
- Distributions land annually or semiannually rather than quarterly, so cash flow arrives in lumps.
GMF Holdings
- Stocks
- 1,315
- 31%
- 2330.TW
Sectors
- Technology41.1%
- Financials16.6%
- Consumer Discretionary9.8%
- Industrials7.2%
- Communication6.1%
- Materials5.8%
- Health Care5.1%
- Energy2.9%
- Consumer Staples2.7%
- Utilities1.7%
- Real Estate1.0%
Geography
- Taiwan (Province of China)52.54%
- China30.83%
- India6.53%
- Hong Kong3.38%
- United States2.89%
- Indonesia1.39%
- Ireland0.74%
- Thailand0.38%
- 1.32%
Developed 5% · Emerging 95%
GMF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
GMF$11,654
Returns run to the Oct 12, 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 | GMF |
|---|---|
| Year to date | +12.8% |
| 1 month | −0.5% |
| 3 months | 0.0% |
| 1 year | +16.5% |
| 3 years | +19.0% |
| 5 years | +6.9% |
| 10 years | +8.9% |
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 | GMF |
|---|---|---|
| 2026 YTD | +12.8% | |
| 2025 | +22.0% | |
| 2024 | +16.5% | |
| 2023 | +8.2% | |
| 2022 | −19.0% | |
| 2021 | −1.9% | |
| 2020 | +25.0% |
GMF in the news
GMF Dividends
- 1.19%
- $1.86
- $0.66 per share
- Twice a year
Distribution history
GMF Risk
- 12.7%
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.
- 1.11
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.
- −33.4%
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.
- 0.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GMF Cost
0.49%
GMF0.49%
- The middle half of Emerging Markets Stocks funds
- Median 0.53%
9 of the 22 Emerging Markets Stocks funds charge less.
Other funds in Emerging Markets Stocks
- AXSOEWisdomTree Emerging Markets ex-State-Owned Enterprises FundExpense ratio 0.32%1 year return +27.3%
- AEEMAiShares MSCI Emerging Markets Asia ETFExpense ratio 0.49%1 year return +30.0%
- BXCWisdomTree True Emerging Markets FundExpense ratio 0.32%1 year return +2.1%
- BFLLAFranklin FTSE Latin America ETFExpense ratio 0.19%1 year return +45.7%
- BGSEEGoldman Sachs MarketBeta Emerging Markets Equity ETFExpense ratio 0.45%1 year return +28.6%