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SPEM

GradeBNew York Stock Exchange Arca

State Street SPDR Portfolio Emerging Markets ETF

Broad Stock Market · SPDR · Inception 2007-03-20 · SEC filings

$52.58−0.80 (−1.49%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 53.37 to 52.58. Range 52.42 to 52.96. Use the arrow keys to read each point.$52.40$52.80$53.0010 AM12 PM2 PM4 PM
Expense ratio
0.07%
Fund size
$17.9B
1Y return
+17.2%
Yield · Last 12 months
2.43%
Holdings
2749
Volume · 30D
1.9M sh
NAV per share
$52.99
52W range
low $45.28high $53.54

The ETF.net SPEM Grade

B

70/ 100

Rank 3 of 5 in Emerging Markets Total Market⁠

Confidence Medium

Six-pillar profile for SPEM. Scores out of 100: Cost 57, Risk 48, Mission 100, Tradability 63, Holdings 80, Durability 69. Strongest: Mission (100). Weakest: Risk (48). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 70 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.
    BScore 57
    Category rank3/5 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank2/5 · top 40%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank4/5 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 63
    Category rank3/5 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 80
    Category rank1/5 · top 20%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 69
    Category rank2/5 · top 40%

Graded as of Sep 22, 2026

Our read on SPEM

ETF.net Research

BEmerging markets, whole hog: roughly 3,000 large, mid and small caps from the S&P Emerging BMI at 0.07% a year. State Street's cheap-beta workhorse in the developing world, running since 2007.

Stated mandate

The fund seeks investment results that generally correspond, before fees and expenses, to the total return of the S&P Emerging BMI Index. It provides broad exposure to emerging-market equities across large-, mid-, and small-cap companies.

Why people hold it

  1. 010.07% a year against a 0.19% median for broad emerging-market funds. VWO and SCHE trim to 0.06%, and below that the fee stops being the deciding factor.
  2. 02The S&P Emerging BMI is a total-market index: about 3,000 names across large, mid and small caps, not just the mega-cap headliners most EM funds stop at.
  3. 03Plain index replication that has tracked its benchmark about as tightly as anything in this peer group.
  4. 04A multi-billion-dollar fund that trades actively, part of State Street's low-cost SPDR Portfolio lineup.

Worth knowing

  1. 01Emerging-market stocks bring currency swings and deeper drawdowns; on risk this sits at the rough end of its peer group.
  2. 02Distributions arrive annually or semiannually, not monthly.
  3. 03Small caps cut both ways: the index reaches into smaller, less-covered companies that large-cap-only EM funds leave out.

SPEM Holdings

As of Sep 21, 2026, 3:48 PM
Asset class
Stocks
Holdings
2,749
Top-10 weight
26%
Largest holding
2330.TW14.4%

Sectors

  • Technology31.0%
  • Financials20.6%
  • Consumer Discr.9.6%
  • Materials8.3%
  • Industrials7.8%
  • Communication6.5%
  • Health Care4.2%
  • Energy4.1%
  • Cons. Staples3.6%
  • Utilities2.6%
  • Real Estate1.8%

Geography

  • Taiwan32.77%
  • China23.90%
  • India15.56%
  • Brazil4.52%
  • South Africa3.16%
  • Saudi Arabia2.83%
  • Mexico2.06%
  • Hong Kong1.84%
  • Other countries (27)13.36%

Developed 3% · Emerging 97% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 183.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0012330.TWTAIWAN SEMICONDUCTOR MANUFAC14.36%32,928,912$2.5B175
0020700.HKTENCENT HOLDINGS LTD2.60%8,647,994$458M153
0039988.HKALIBABA GROUP HOLDING LTD2.09%26,623,800$368M128
0042454.TWMEDIATEK INC1.88%2,251,969$331M162
0050939.HKCHINA CONSTRUCTION BANK H0.94%136,427,351$165M106
0062308.TWDELTA ELECTRONICS INC0.90%2,925,463$158M154
0072317.TWHON HAI PRECISION INDUSTRY0.87%19,526,067$153M114
008HDFCBHDFC BANK LIMITED0.74%17,146,225$130M8
009RIGDRELIANCE INDS SPONS GDR 144A0.72%2,507,229$126M6
010IBNICICI BANK LTD SPON ADR0.67%4,238,982$118M49
0113711.TWASE TECHNOLOGY HOLDING CO LT0.66%5,820,787$116M115
0121398.HKIND + COMM BK OF CHINA H0.56%104,836,656$99M100
0132891.TWCTBC FINANCIAL HOLDING CO LT0.53%43,160,708$94M107
014BHARTIBHARTI AIRTEL LTD0.53%4,725,074$93M9
015UMCUNITED MICROELECTRON SP ADR0.52%3,787,692$92M30

Showing 1–15 of 2742 holdings

SPEM Performance

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

SPEM$11,716
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. SPEM $11,716. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for SPEM. Periods over one year show the average yearly return.
PeriodSPEM
Year to date+15.1%
1 month+1.9%
3 months+0.5%
1 year+17.2%
3 years+19.7%per year
5 years+7.6%per year
10 years+8.3%per year

As of the close, 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 SPEM
YearReturn barSPEM
2026 YTD+15.1%
2025+25.6%
2024+11.4%
2023+10.5%
2022−17.9%
2021+1.5%
2020+14.6%

SPEM in the news

ETF.net Research hasn’t filed on SPEM yet — coverage lands here as it’s written.

SPEM 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 Sep 22, 2026.
2.43%Last 12 months
Payout per share
$1.30Last 12 months
Last payment
$0.53 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 $0.15; Dec 15, 2017 $0.27; Jun 18, 2018 $0.32; Dec 24, 2018 $0.43; Jun 24, 2019 $0.38; Dec 23, 2019 $0.72; Jun 22, 2020 $0.30; Dec 21, 2020 $0.51; Jun 21, 2021 $0.35; Dec 20, 2021 $0.95; Jun 21, 2022 $0.46; Dec 20, 2022 $0.65; Jun 20, 2023 $0.45; Dec 18, 2023 $0.55; Jun 24, 2024 $0.45; Dec 23, 2024 $0.62; Jun 23, 2025 $0.53; Dec 22, 2025 $0.77; Jun 22, 2026 $0.53. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 22, 2026Jun 26, 2026$0.53
Dec 22, 2025Dec 29, 2025$0.77
Jun 23, 2025Jun 27, 2025$0.53
Dec 23, 2024Dec 30, 2024$0.62
Jun 24, 2024Jun 28, 2024$0.45
Dec 18, 2023Dec 27, 2023$0.55
Jun 20, 2023Jun 27, 2023$0.45
Dec 20, 2022Dec 29, 2022$0.65
Jun 21, 2022Jun 28, 2022$0.46
Dec 20, 2021Dec 28, 2021$0.95
Jun 21, 2021Jun 28, 2021$0.35
Dec 21, 2020Dec 29, 2020$0.51

SPEM Risk

How much the fund’s monthly returns vary, scaled to a year.
11.6%
Annualised · 36 months to Aug 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.
1.14
vs 3-month T-bills · to Aug 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.
−29.7%
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.
0.86
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.

SPEM Cost

Expense ratio0.07%
  • The middle half of Emerging Markets Total Market funds
  • Median 0.07%

2 of the 5 Emerging Markets Total Market funds charge less.

SPEM costs $7.00 a year on $10,000. The median Emerging Markets Total Market fund costs $7.00.