State Street SPDR MSCI Emerging Markets StrategicFactors ETF
$80.32−0.12 (−0.15%)
- 0.30%
- $61M
- +30.6%
- 4.38%
- 0M sh
- $81.26
- low $63.92high $83.21
The ETF.net QEMM Grade
B
Score 65 out of 100
- 4 of 20
Score 65 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 100Rank 4 of 20Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B68 out of 100Rank 2 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C40 out of 100Rank 13 of 20Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 9 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 11 of 20
Our read on QEMM
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.
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
- Stocks
- 837
- 25%
- 2330.TW
Sectors
- Technology36.0%
- Financials21.0%
- Consumer Discretionary7.7%
- Materials6.9%
- Industrials6.2%
- Communication6.1%
- Consumer Staples4.8%
- Energy4.7%
- Health Care3.5%
- Utilities2.4%
- Real Estate0.7%
Geography
- Taiwan29.53%
- China19.59%
- India12.59%
- South Korea10.98%
- Brazil4.12%
- Saudi Arabia4.10%
- South Africa2.25%
- United Arab Emirates2.16%
- 14.69%
Developed 3% · Emerging 97%
QEMM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
QEMM$13,057
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 | QEMM |
|---|---|
| Year to date | +23.2% |
| 1 month | −1.9% |
| 3 months | +1.6% |
| 1 year | +30.6% |
| 3 years | +19.6% |
| 5 years | +8.2% |
| 10 years | +7.8% |
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 | QEMM |
|---|---|---|
| 2026 YTD | +23.2% | |
| 2025 | +21.9% | |
| 2024 | +5.0% | |
| 2023 | +12.5% | |
| 2022 | −17.8% | |
| 2021 | +6.3% | |
| 2020 | +9.9% |
QEMM in the news
QEMM Dividends
- 4.38%
- $3.52
- $1.05 per share
- Twice a year
Distribution history
QEMM 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.
- 1.13
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.
- −27.1%
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.
- 0.95
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QEMM Cost
0.30%
QEMM0.30%
- The middle half of Emerging Markets Multifactor funds
- Median 0.47%
3 of the 20 Emerging Markets Multifactor funds charge less.
Other funds in Emerging Markets Multifactor
- BFDEMFidelity Emerging Markets Multifactor ETFExpense ratio 0.25%1 year return +25.0%
- BJPEMJPMorgan Diversified Return Emerging Markets Equity ETFExpense ratio 0.44%1 year return +17.2%
- BROAMHartford Multifactor Emerging Markets ETFExpense ratio 0.44%1 year return +34.1%
- BDFEVDimensional - Emerging Markets Value ETFExpense ratio 0.46%1 year return +39.3%
- BQLVENorthern Trust Emerging Markets Quality Low Volatility ETFExpense ratio 0.19%1 year return +22.1%