Skip to content
etf.net

Launched · SEC filings

State Street SPDR S&P Emerging Asia Pacific ETF

GMFNYSE ArcaSPDRB

$146.32+0.25 (+0.17%)

As of Nov 2, 2026, 3:52 PM ET

B64/ 100

Rank 8 of 22 in Emerging Markets Stocks

B64/100Rank 8 of 22inEmerging Markets Stocks
Intraday session: up, 75 prints from 146.07 to 146.32. Range 146.07 to 148.71. Use the arrow keys to read each point.147.00147.50148.00148.5010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$387M
1Y total return
+4.8%
Yield · Last 12 months
1.27%
Holdings
1312
Avg volume · 30D
8.19K sh
52W range
low $131.89high $161.39
Launched
Filings
SEC EDGAR

The ETF.net GMF Grade

B

Score 64 out of 100

Category
Emerging Markets Stocks⁠
Rank
8 of 22
Six-pillar profile for GMF. Scores out of 100: Cost 45, Risk 57, Mission 89, Tradability 56, Holdings 78, Durability 80. Strongest: Mission (89). Weakest: Cost (45). Leans toward Mission.

Score 64 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.
    C45 out of 100
    Rank 12 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A89 out of 100
    Rank 10 of 17

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B57 out of 100
    Rank 6 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B56 out of 100
    Rank 8 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A78 out of 100
    Rank 3 of 19

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A80 out of 100
    Rank 4 of 22

Our read on GMF

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Mar 20, 2007

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GMF$10,476
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. GMF $10,476. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for GMF. Periods over one year show the average yearly return.
PeriodGMF
Year to date+5.7%
1 month−6.5%
3 months−3.8%
1 year+4.8%
3 yearsper year+17.9%
5 yearsper year+5.4%
10 yearsper year+8.3%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GMF
YearReturn barGMF
2026 YTD+5.7%
2025+22.0%
2024+16.5%
2023+8.2%
2022−19.0%
2021−1.9%
2020+25.0%

GMF in the news

GMF Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.27%Last 12 months
Payout per share
$1.86Last 12 months
Last payment
$0.66 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 16, 2017 $0.40; Dec 15, 2017 $1.38; Jun 15, 2018 $0.52; Dec 24, 2018 $1.46; Jun 24, 2019 $0.59; Dec 23, 2019 $1.22; Jun 22, 2020 $0.57; Dec 21, 2020 $1.11; Jun 21, 2021 $0.58; Dec 20, 2021 $2.72; Jun 21, 2022 $0.70; Dec 20, 2022 $1.74; Jun 20, 2023 $0.86; Dec 18, 2023 $1.92; Jun 24, 2024 $0.64; Dec 23, 2024 $1.58; Jun 23, 2025 $0.86; Dec 22, 2025 $1.20; Jun 22, 2026 $0.66. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 22, 2026Jun 26, 2026$0.66
Dec 22, 2025Dec 29, 2025$1.20
Jun 23, 2025Jun 27, 2025$0.86
Dec 23, 2024Dec 30, 2024$1.58
Jun 24, 2024Jun 28, 2024$0.64
Dec 18, 2023Dec 27, 2023$1.92
Jun 20, 2023Jun 27, 2023$0.86
Dec 20, 2022Dec 29, 2022$1.74
Jun 21, 2022Jun 28, 2022$0.70
Dec 20, 2021Dec 28, 2021$2.72
Jun 21, 2021Jun 28, 2021$0.58
Dec 21, 2020Dec 29, 2020$1.11

See all 37 payments⁠

$10,000 in GMF 10 years ago paid $2,792 in dividends.⁠

GMF Risk

Risk pillarB57 out of 100Rank 6 of 22 in Emerging Markets Stocks
How much the fund’s monthly returns vary, scaled to a year.
13.3%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.98
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−33.2%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.85
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

GMF Cost

Compare GMF and VEXC

Overpaying vs VEXC, cheapest in Emerging Markets Stocks

$8,312

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GMF 0.49%

    $9,792

  • VEXC 0.07% Cheapest

    $1,480

$10,000
30 years

Cost over time

  • GMF 0.49%
  • VEXC 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530GMF $9,792VEXC $1,480

Year by year

YearGMFVEXCOverpaying
10$883$128$755
20$3,394$503$2,891
30$9,792$1,480$8,312

Other funds in Emerging Markets Stocks

See others