---
ticker: "XCNY"
name: "State Street SPDR S&P Emerging Markets ex-China ETF"
url: "https://etf.net/etf/XCNY"
grade: "C"
score: 52
graded_at: "2026-10-12"
category: "Emerging Markets Total Market"
category_rank: "4 of 5"
methodology: "https://etf.net/methodology"
---

# XCNY: State Street SPDR S&P Emerging Markets ex-China ETF

Grade **C**, Score 52 of 100. Rank 4 of 5 in Emerging Markets Total Market.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 37 | 4 of 5 |
| Mission | 100 | 1 of 5 |
| Risk | 51 | 2 of 5 |
| Tradability | 12 | 5 of 5 |
| Holdings | 53 | 4 of 5 |
| Durability | 24 | 5 of 5 |

## Top holdings

The fund holds 1196 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 2330.TW | Taiwan Semiconductor Manufac | 20.30% |
| 2 | 2454.TW | Mediatek Inc | 2.83% |
| 3 | 2308.TW | Delta Electronics Inc | 1.61% |
| 4 | 3711.TW | Ase Technology Holding Co Lt | 1.14% |
| 5 | 2317.TW | Hon Hai Precision Industry | 1.07% |
| 6 | RELIANCE.NS | Reliance Industries Limited | 0.89% |
| 7 | HDFCB | Hdfc Bank Limited | 0.89% |
| 8 | 3037.TW | Unimicron Technology Corp | 0.79% |
| 9 | ICICIBC | Icici Bank Ltd | 0.78% |
| 10 | 2345.TW | Accton Technology Corp | 0.64% |
| 11 | 2303.TW | United Microelectronics Corp | 0.64% |
| 12 | NU | Nu Holdings Ltd/Cayman Isl A | 0.59% |
| 13 | ITUB4.SA | Itau Unibanco Holding’s Pref | 0.58% |
| 14 | 1303.TW | Nan Ya Plastics Corp | 0.57% |
| 15 | BHARTI | Bharti Airtel Ltd | 0.54% |
| 16 | 1120 | Al Rajhi Bank | 0.54% |
| 17 | PETR3.SA | Petrobras Petroleo Bras | 0.52% |
| 18 | BAP | Credicorp Ltd | 0.51% |
| 19 | VALE3.SA | Vale SA | 0.51% |
| 20 | 2891.TW | Ctbc Financial Holding Co Lt | 0.48% |
| 21 | GMEXICO B | Grupo Mexico Sab De Cv Ser B | 0.45% |
| 22 | PETR4.SA | Petrobras Petroleo Bras Pr | 0.45% |
| 23 | 2881.TW | Fubon Financial Holding Co | 0.45% |
| 24 | 2383.TW | Elite Material Co Ltd | 0.44% |
| 25 | 2222 | Saudi Arabian Oil Co | 0.42% |
| 26 | NPN | Naspers Ltd N Shs | 0.42% |
| 27 | INFO | Infosys Ltd | 0.41% |
| 28 | DELTA.BK | Delta Electronics Thai Nvdr | 0.40% |
| 29 | 2882.TW | Cathay Financial Holding Co | 0.37% |
| 30 | GFI | Gold Fields Ltd | 0.37% |

Source: etf.net, https://etf.net/etf/XCNY. Please cite the page URL.