The SPDR Portfolio Emerging Markets ETF (SPEM) offers broad exposure to emerging markets, and does it for an extremely competitive price. The fund owns more than a thousand securities, making it a well-diversified option for long-term investors building a balanced portfolio. Like all of State Street’s SPDR Portfolio ETFs, SPEM’s management fee was set low enough to compete with ultra-low-cost rivals like the iShares Core MSCI Emerging Markets ETF (IEMG), the Charles Schwab Emerging Markets Equity ETF (SCHE), and the Vanguard FTSE Emerging Markets ETF (VWO).
Investors should note that SPEM (like VWO and SCHE) tracks an index that excludes South Korea, which is instead classified with developed markets. By contrast, IEMG tracks an MSCI index that lumps South Korea in with emerging markets. Unsuspecting investors who mix and match funds from different firms may find themselves either unintentionally overweight South Korea or missing out on the country entirely.
State Street launched its ultra-low-cost SPDR Portfolio lineup in October 2017 after years of losing market share to cheaper rivals at BlackRock, Schwab, and Vanguard. This was a humiliating setback since State Street essentially founded the modern ETF market in 1993 with the launch of the SPDR S&P 500 ETF Trust (SPY). State Street was late to the ultra-low-cost space — BlackRock launched its low-cost iShares Core series five years earlier — but has pushed hard to make up ground. Many of its SPDR Portfolio funds, including SPEM, were renamed and repriced for this purpose. Prior to October 2017, SPEM traded under the name SPDR S&P Emerging Markets ETF under the ticker GMM.
| Segment | Equity: Emerging Markets - Total Market |
| Category | Size and Style |
| Focus | Total Market |
| Niche | Broad-based |
| Strategy | Vanilla |
| Weighting Scheme | Market Cap |
This section compares how balanced and deep this ETF is relative to its peers.
| SPEM | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 3099 | 764 | 784 |
| % of Assets in Top 10 | 21.20% | 32.65% | 35.63% |
| % of Assets in Top 15 | 24.88% | 39.13% | 40.82% |
| % of Assets in Top 50 | 38.24% | 63.37% | 61.79% |
| SPEM | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 61.33% | 53.77% | 53.74% |
| Mid (>2.7B) | 23.47% | 30.45% | 24.45% |
| Small (>600M) | 8.91% | 8.92% | 3.85% |
| Micro (<600M) | 2.51% | 1.26% | 0.55% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| SPEM | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.45 | $ 0.36 | $ 0.30 |
| Dividend Date | 2024-06-24 | N/A | N/A |
| Annual Dividend Rate | $ 1.00 | $ 0.97 | $ 0.77 |
| Annual Dividend Yield | 2.42% | 2.74% | 2.09% |
View charts featuring SPEM price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 138.71 M 1 Month Net Flows: 138.71 M 3 Month Net Flows: 228.93 M 6 Month Net Flows: 359.28 M 1 Year Net Flows: 1.04 B 3 Year Net Flows: 4.02 B 5 Year Net Flows: 6.18 B 10 Year Net Flows: 8.66 BView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -255.19 MThe adjacent table gives investors an individual Realtime Rating for SPEM on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Emerging Markets Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| SPEM |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 9.52% | 6.68% | 5.79% |
| 3 Month Return | 7.05% | 3.65% | 2.98% |
| YTD Return | 18.05% | 13.11% | 10.69% |
| 1 Year Return | 25.32% | 21.14% | 16.70% |
| 3 Year Return | 1.75% | 1.33% | 0.99% |
| 5 Year Return | 6.96% | 4.61% | 3.00% |
The following charts reflect the geographic spread of SPEM's underlying holdings.
| Region | Percentage |
|---|---|
| Asia Pacific | 69.28% |
| Europe | 15.01% |
| North, Central and South America | 13.29% |
| Other | 0.49% |
| Country | Percentage |
|---|---|
| China | 25.09% |
| India | 23.0% |
| Taiwan | 19.27% |
| Brazil | 4.31% |
| Saudi Arabia | 3.97% |
| South Africa | 2.91% |
| Malaysia | 1.89% |
| Thailand | 1.87% |
| Mexico | 1.85% |
| Indonesia | 1.82% |
| Hong Kong | 1.67% |
| Other | 1.57% |
| United Arab Emirates | 1.39% |
| Ireland | 0.99% |
| Poland | 0.87% |
| Turkey | 0.84% |
| Qatar | 0.74% |
| Kuwait | 0.71% |
| Philippines | 0.61% |
| Cayman Islands | 0.61% |
| Greece | 0.48% |
| Chile | 0.4% |
| Hungary | 0.25% |
| Peru | 0.22% |
| Czechia | 0.17% |
| United States | 0.16% |
| Colombia | 0.15% |
| Egypt | 0.08% |
| Luxembourg | 0.06% |
| Singapore | 0.04% |
| Netherlands | 0.03% |
| Belgium | 0.02% |
| United Kingdom | 0.01% |
| Australia | 0.01% |
| Monaco | 0.01% |
The following charts reflect the allocation of SPEM's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 22.86% |
| Electronic Technology | 15.81% |
| Technology Services | 9.67% |
| Retail Trade | 5.79% |
| Energy Minerals | 4.62% |
| Non-Energy Minerals | 4.35% |
| Consumer Non-Durables | 4.3% |
| Producer Manufacturing | 4.1% |
| Process Industries | 3.68% |
| Consumer Durables | 3.44% |
| Transportation | 3.44% |
| Utilities | 3.37% |
| Health Technology | 3.13% |
| Communications | 2.85% |
| Consumer Services | 1.69% |
| Industrial Services | 1.19% |
| Miscellaneous | 1.09% |
| Distribution Services | 0.88% |
| Health Services | 0.82% |
| CASH | 0.6% |
| Commercial Services | 0.5% |
| Other | -0.11% |
| Market Cap | Percentage |
|---|---|
| Large | 61.33% |
| Mid | 23.47% |
| Small | 8.91% |
| Micro | 2.51% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 84.46% |
| American Depositary Receipt | 6.79% |
| Global Depositary Receipt | 2.54% |
| Alien/Foreign | 1.82% |
| Open-ended Fund | 1.08% |
| CASH | 0.6% |
| Unit | 0.51% |
| Preferred Equity | 0.36% |
| Depositary Receipts/Certificates | 0.02% |
| Right | 0.0% |
| Warrant | 0.0% |
| Other | -0.11% |
| Sector | Percentage |
|---|---|
| Finance | 22.86% |
| Electronic Technology | 15.81% |
| Technology Services | 9.67% |
| Retail Trade | 5.79% |
| Energy Minerals | 4.62% |
| Non-Energy Minerals | 4.35% |
| Consumer Non-Durables | 4.3% |
| Producer Manufacturing | 4.1% |
| Process Industries | 3.68% |
| Consumer Durables | 3.44% |
| Transportation | 3.44% |
| Utilities | 3.37% |
| Health Technology | 3.13% |
| Communications | 2.85% |
| Consumer Services | 1.69% |
| Industrial Services | 1.19% |
| Miscellaneous | 1.09% |
| Distribution Services | 0.88% |
| Health Services | 0.82% |
| CASH | 0.6% |
| Commercial Services | 0.5% |
| Other | -0.11% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 50.45% |
| 20 Day Volatility | 23.24% |
| 50 Day Volatility | 19.97% |
| 200 Day Volatility | 16.41% |
| Beta | 0.68 |
| Standard Deviation | 2.36% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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