Skip to content
etf.net

Launched · SEC filings

State Street SPDR MSCI Emerging Markets StrategicFactors ETF

QEMMNYSE ArcaSPDRB

$75.75+0.19 (+0.26%)

As of Nov 2, 2026, 3:33 PM ET

B64/ 100

Rank 4 of 20 in Emerging Markets Multifactor

B64/100Rank 4 of 20inEmerging Markets Multifactor
Intraday session: up, 71 prints from 75.56 to 75.75. Range 75.56 to 76.82. Use the arrow keys to read each point.76.0076.2576.5076.7510 AM12 PM2 PM4 PM
Expense ratio
0.30%
Fund size
$56M
1Y total return
+16.5%
Yield · Last 12 months
4.66%
Holdings
836
Avg volume · 30D
3.85K sh
52W range
low $63.92high $83.21
Launched
Filings
SEC EDGAR

The ETF.net QEMM Grade

Based on 5 of 6 pillars

B

Score 64 out of 100

Category
Emerging Markets Multifactor⁠
Rank
4 of 20
Six-pillar profile for QEMM. Scores out of 100: Cost 82, Risk 67, Mission not scored, Tradability 38, Holdings 59, Durability 52. Strongest: Cost (82). Weakest: Tradability (38). Based on 5 of 6 pillars.

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.
    A82 out of 100
    Rank 4 of 20

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B67 out of 100
    Rank 3 of 19

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D38 out of 100
    Rank 13 of 20

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B59 out of 100
    Rank 10 of 20

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 11 of 20

Our read on QEMM

ETF.net Research

In short

BInstead of betting on one factor, QEMM buys value, quality and low volatility across emerging markets at once, packing roughly 800 stocks into a single MSCI factor-blend index for 0.30% a year.

Stated mandate

The fund seeks to track the MSCI Emerging Markets (EM) Factor Mix A-Series Index.

Why people hold it

  • One ticket, three tilts: the MSCI EM Factor Mix A-Series Index blends value, quality and low volatility, so no single style has to be in favor for the strategy to run as designed.ssga.com
  • At 0.30% a year it undercuts the typical fee in the multifactor emerging-markets crowd, and the portfolio is built by index rules rather than a manager's hunch.
  • Running since 2014 with roughly 800 holdings and State Street behind the wrapper: a long-lived option in a corner of the market where niche products often quietly close.
  • The low-volatility sleeve is the tell. This is emerging-markets exposure assembled to smooth the ride, not to chase the hottest single factor.ssga.com

Worth knowing

  • Trades thinner than the category's household names, so spreads can be wider. That bites most on large or hurried orders.
  • Splitting the bet three ways dilutes each factor by design, so the portfolio rarely looks or moves like a plain-vanilla emerging-markets index.
  • Distributions land once or twice a year rather than quarterly, and peers such as EMGF carry a lower fee for multifactor EM exposure.

QEMM Holdings

Holdings pillarB59 out of 100Rank 10 of 20 in Emerging Markets Multifactor
Asset class
Stocks
Holdings
836
Top-10 weight
24%
Largest holding
2330.TW6.9%

Sectors

  • Technology35.8%
  • Financials21.8%
  • Materials6.8%
  • Consumer Discretionary6.8%
  • Communication6.7%
  • Consumer Staples5.3%
  • Industrials5.2%
  • Energy4.9%
  • Health Care3.5%
  • Utilities2.4%
  • Real Estate0.8%

Geography

  • Taiwan30.46%
  • China23.77%
  • India15.23%
  • South Korea11.51%
  • Brazil3.70%
  • South Africa2.67%
  • Mexico2.01%
  • United States1.75%
  • Other countries (13)8.89%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 56.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
12330.TWTaiwan Semiconductor Manufac6.86%54,495$4.04M176
2No dataRussian Ruble5.24%250,571,729$3.08M13
32454.TWMediatek Inc3.14%14,877$1.85M169
42308.TWDelta Electronics Inc1.67%21,623$982K156
50939.HKChina Construction Bank H1.56%712,394$920K113
6A005930Samsung Electronics Co Ltd1.45%4,911$853K6
72222Saudi Arabian Oil Co1.20%102,085$705K4
81398.HKInd & Comm Bk of China H1.19%707,448$701K102
93988.HKBank of China Ltd H1.11%839,071$656K102
102383.TWElite Material Co Ltd1.04%4,000$615K116
11ANGAnglogold Ashanti PLC1.01%6,940$595K5
12TCS.NSTata Consultancy Svcs Ltd1.01%22,782$593K71
13A000660Sk Hynix Inc0.89%461$526K8
145274Aspeed Technology Inc0.89%1,000$521K6
15PDDPdd Holdings Inc0.78%5,780$458K153

Showing 1–15 of 836 holdings

QEMM Performance

Launched Jun 4, 2014

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

QEMM$11,650
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. QEMM $11,650. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 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 QEMM. Periods over one year show the average yearly return.
PeriodQEMM
Year to date+15.7%
1 month−5.9%
3 months−2.9%
1 year+16.5%
3 yearsper year+18.2%
5 yearsper year+6.8%
10 yearsper year+7.1%

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 QEMM
YearReturn barQEMM
2026 YTD+15.7%
2025+21.9%
2024+5.0%
2023+12.5%
2022−17.8%
2021+6.3%
2020+9.9%

QEMM in the news

QEMM 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.
4.66%Last 12 months
Payout per share
$3.52Last 12 months
Last payment
$1.05 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 $0.42; Dec 15, 2017 $0.94; Jun 1, 2018 $0.37; Dec 21, 2018 $1.19; Jun 3, 2019 $0.52; Dec 20, 2019 $1.33; Jun 1, 2020 $0.48; Dec 18, 2020 $1.14; Jun 1, 2021 $0.36; Dec 17, 2021 $1.23; Jun 1, 2022 $0.59; Dec 16, 2022 $1.59; Jun 1, 2023 $1.23; Dec 15, 2023 $1.56; Jun 3, 2024 $1.20; Dec 18, 2024 $1.75; Jun 2, 2025 $0.76; Nov 25, 2025 $2.48; Jun 1, 2026 $1.05. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 1, 2026Jun 5, 2026$1.05
Nov 25, 2025Dec 2, 2025$2.48
Jun 2, 2025Jun 6, 2025$0.76
Dec 18, 2024Dec 24, 2024$1.75
Jun 3, 2024Jun 7, 2024$1.20
Dec 15, 2023Dec 22, 2023$1.56
Jun 1, 2023Jun 8, 2023$1.23
Dec 16, 2022Dec 23, 2022$1.59
Jun 1, 2022Jun 8, 2022$0.59
Dec 17, 2021Dec 27, 2021$1.23
Jun 1, 2021Jun 8, 2021$0.36
Dec 18, 2020Dec 28, 2020$1.14

See all 25 payments⁠

$10,000 in QEMM 10 years ago paid $3,950 in dividends.⁠

QEMM Risk

Risk pillarB67 out of 100Rank 3 of 19 in Emerging Markets Multifactor
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.
1.00
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.
−27.1%
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.
0.95
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.

QEMM Cost

Compare QEMM and QLVE

Overpaying vs QLVE, cheapest in Emerging Markets Multifactor

$2,400

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

  • QEMM 0.30%

    $6,149

  • QLVE 0.18% Cheapest

    $3,749

$10,000
30 years

Cost over time

  • QEMM 0.30%
  • QLVE 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530QEMM $6,149QLVE $3,749

Year by year

YearQEMMQLVEOverpaying
10$545$328$217
20$2,113$1,281$832
30$6,149$3,749$2,400

Other funds in Emerging Markets Multifactor

See others