State Street SPDR Portfolio Emerging Markets ETF
$52.15+0.03 (+0.06%)
- 0.07%
- $17.6B
- +17.7%
- 2.49%
- 1.8M sh
- $52.38
- low $45.28high $53.54
The ETF.net SPEM Grade
B
Score 69 out of 100
- 3 of 5
Score 69 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.B57 out of 100Rank 3 of 5Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 5Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 2 of 5Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 3 of 5Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A80 out of 100Rank 1 of 5Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 2 of 5
Our read on SPEM
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.
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
- 0.07% 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.
- The 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.
- Plain index replication that has tracked its benchmark about as tightly as anything in this peer group.
- A multi-billion-dollar fund that trades actively, part of State Street's low-cost SPDR Portfolio lineup.
Worth knowing
- Emerging-market stocks bring currency swings and deeper drawdowns; on risk this sits at the rough end of its peer group.
- Distributions arrive annually or semiannually, not monthly.
- Small caps cut both ways: the index reaches into smaller, less-covered companies that large-cap-only EM funds leave out.
SPEM Holdings
- Stocks
- 2,700
- 26%
- 2330.TW
Sectors
- Technology32.3%
- Financials20.2%
- Consumer Discretionary9.2%
- Industrials7.8%
- Materials7.7%
- Communication6.3%
- Health Care4.6%
- Energy4.1%
- Consumer Staples3.6%
- Utilities2.5%
- Real Estate1.8%
Geography
- Taiwan34.42%
- China23.87%
- India14.89%
- Brazil5.13%
- South Africa2.87%
- Saudi Arabia2.70%
- Mexico2.05%
- Hong Kong1.88%
- 12.19%
Developed 3% · Emerging 97%
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$11,774
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 | SPEM |
|---|---|
| Year to date | +12.4% |
| 1 month | −0.7% |
| 3 months | +0.3% |
| 1 year | +17.7% |
| 3 years | +19.1% |
| 5 years | +7.1% |
| 10 years | +8.3% |
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 | SPEM |
|---|---|---|
| 2026 YTD | +12.4% | |
| 2025 | +25.6% | |
| 2024 | +11.4% | |
| 2023 | +10.5% | |
| 2022 | −17.9% | |
| 2021 | +1.5% | |
| 2020 | +14.6% |
SPEM in the news
SPEM Dividends
- 2.49%
- $1.30
- $0.53 per share
- Twice a year
Distribution history
SPEM Risk
- 11.5%
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.
- 1.17
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.
- −29.7%
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.
- 0.86
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
0.07%
SPEM0.07%
- The middle half of Emerging Markets Total Market funds
- Median 0.07%
2 of the 5 Emerging Markets Total Market funds charge less.
Other funds in Emerging Markets Total Market
- AVWOVanguard FTSE Emerging Markets ETFExpense ratio 0.06%1 year return +16.3%
- ASCHESchwab Emerging Markets Equity ETFExpense ratio 0.06%1 year return +16.8%
- CXCNYState Street SPDR S&P Emerging Markets ex-China ETFExpense ratio 0.19%1 year return +29.1%
- CDFAEDimensional - Emerging Core Equity Market ETFExpense ratio 0.29%1 year return +29.6%