Skip to Content
ETFs

SPDR S&P Emerging Markets Small Cap ETF

EWX
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 12, 2008
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$1,520,124
AUM
$792,924,387
Associated Index
S&P Emerging Markets Under USD2 Billion Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
STATE STREET INSTITUTIONAL LIQ
0.46%
—
US DOLLAR
0.29%
—
INDIAN RUPEE
0.29%
2313
Compeq Manufacturing
0.24%
MRP
Mr. Price Group
0.21%
2337
Macronix International
0.2%
354
Chinasoft International Limited
0.2%
TRU
Truworths International Ltd
0.19%
TFG
Foschini Group Limited
0.19%
KRU
KRUK SA
0.19%
Invest with EWX
Trade EWX Options

What is EWX?

The SPDR S&P Emerging Markets Small Cap ETF seeks to provide investment results that before fees and expenses correspond generally to the total return performance of the S&P Emerging Markets Under USD2 Billion Index (ticker: SPBMKSUP).

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

EWX
Performance Measures**

for the time period May 16, 2008 to Dec 5, 2025

Returns

1M Trailing Return: -2.5%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -1.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -63.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 21.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.29

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.06

The annualized return divided by the max drawdown for the selected time period.

ETFs related toEWX

ETFs correlated to EWX include DGS, EEMS, DFEM

EWX
SSgA Active Trust - SPDR S&P Emerging Markets Small Cap ETF
DGS
WisdomTree Trust - WisdomTree Emerging Markets SmallCap Dividend Fund
EEMS
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Small-Cap ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
DFEV
Dimensional ETF Trust - Dimensional Emerging Markets Value ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toEWX

SPDRverse

Category

Cross-asset momentum, sector rotation, SPDR ETFs, daily rebalancing, tactical allocation

OOS Cumulative Return

-2.23%

Create your own algorithmic trading strategy with EWX using Composer

FAQ

EWX is a Global Ex. US Equities ETF. The SPDR S&P Emerging Markets Small Cap ETF seeks to provide investment results that before fees and expenses correspond generally to the total return performance of the S&P Emerging Markets Under USD2 Billion Index (ticker: SPBMKSUP).

EWX tracks the S&P Emerging Markets Under USD2 Billion Index.

No, EWX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EWX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EWX is 0.0069%. This is the percent change in the value of EWX over the most recent 1-month period. The 3-month return on EWX is 0.0329%. This is the percent change in the value of EWX over the most recent 3-month period.

The standard deviation of EWX for the past year is 0.1329%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EWX include EZU, VEA, and EFA.

ETFs correlated to EWX include DGS, EEMS, and DFEM.

ETFs that are inversely correlated to EWX include EDZ, EFZ, and YANG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.