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ETFs

SPDR Portfolio Emerging Markets ETF

SPEM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 19 2007
Expense Ratio
0.07%
Type
Global Ex. US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$57,549,902
AUM
$7,373,776,562
Associated Index
S&P Emerging BMI Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

2330
Taiwan Semiconductor Manufacturing
4.99%
700
Tencent Holdings Ltd.
3.20%
9988
Alibaba Group Holding Ltd
2.16%
500180
HDFC Bank Ltd.
1.36%
RIGD.LON.GBP
Reliance Industries Limited Sponsored GDR 144A
1.33%
n/a
SSI US GOV MONEY MARKET CLASS
0.90%
3690
Meituan - Ordinary Shares - Class B
0.87%
INFY
Infosys Ltd - ADR
0.85%
IBN
ICICI Bank Ltd. - ADR
0.84%
PDD
PDD Holdings Inc - ADR
0.82%
Invest with SPEM

What is SPEM?

The SPDR Portfolio Emerging Markets ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging BMI Index (the "Index"). The S&P Emerging BMI Index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging markets. The Index component securities are a subset, based on region, of component securities included in the S&P Global BMI (Broad Market Index) ("Global Equity Index"). The Global Equity Index is a comprehensive, float-weighted, rules-based benchmark that is readily divisible and customizable. The Index is "float-adjusted," meaning that only those shares publicly available to investors are included in the Index calculation.

ETFs related toSPEM

ETFs correlated to SPEM include VWO, SCHE, IEMG

SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF

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.

Automated Strategies
Related toSPEM

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SPEM using Composer

FAQ

SPEM is a Global Ex. US Equities ETF. The SPDR Portfolio Emerging Markets ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging BMI Index (the "Index"). The S&P Emerging BMI Index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging markets. The Index component securities are a subset, based on region, of component securities included in the S&P Global BMI (Broad Market Index) ("Global Equity Index"). The Global Equity Index is a comprehensive, float-weighted, rules-based benchmark that is readily divisible and customizable. The Index is "float-adjusted," meaning that only those shares publicly available to investors are included in the Index calculation.

SPEM tracks the S&P Emerging BMI Index.

No, SPEM 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, SPEM 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 SPEM is -0.01%. This is the percent change in the value of SPEM over the most recent 1-month period. The 3-month return on SPEM is -0.0091%. This is the percent change in the value of SPEM over the most recent 3-month period.

The standard deviation of SPEM for the past year is 0.1697%. 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 SPEM include EZU, VEA, and EFA.

ETFs correlated to SPEM include VWO, SCHE, and IEMG.

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

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.