Special Notice for Funds With Russian Exposure: If market quotations, official closing prices, and/or information furnished by approved pricing sources are not readily available or are deemed unreliable for a portfolio instrument, then that instrument will be valued at fair value as determined in good faith in accordance with SSGA’s fair value pricing procedures. Certain fund holdings have been fair valued at zero but may not yet be reflected as such in the fund holdings file. 


SPDR® MSCI Emerging Markets StrategicFactors℠ ETF QEMM

NAV
$55.67
as of Dec 08 2022
Base Currency
USD
Assets Under Management
$43.14 M
as of Dec 08 2022
Gross Expense Ratio
0.30%

Key Features


  • The SPDR® MSCI Emerging Markets StrategicFactorsSM ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI Emerging Markets (EM) Factor Mix A-Series Index (the “Index”)
  • Seeks to track a Smart Beta index that blends low volatility, quality and value exposures together in a single strategy
  • The resulting mix may offer a low-volatility strategy with an equal focus on high-quality and attractively valued firms
  • Multi-factor smart beta strategies can bridge the gap between active and indexed management, providing an opportunity for investors to rethink exposures and potentially maximize risk-adjusted returns more efficiently


About this Benchmark


The MSCI Emerging Markets (EM) Factor Mix A-Series Index captures large- and mid-cap representation across 27 emerging markets countries and aims to represent the performance of value, low volatility, and quality factor strategies. The Index is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI EM Value Weighted Index, the MSCI EM Minimum Volatility Index, and the MSCI EM Quality Index (each, a “Component Index”).


Fund Information as of Dec 10 2022

Benchmark MSCI Emerging Markets Factor Mix A-Series Index
Inception Date Jun 04 2014
Options Available No
Gross Expense Ratio
0.30%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Semi-Annually

Listing Information as of Dec 10 2022

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Jun 05 2014 USD QEMM 78463X426 US78463X4262

Fund Characteristics as of Dec 08 2022

Est. 3-5 Year EPS Growth
9.12%
Number of Holdings 924
Price/Book Ratio
1.47
Price/Earnings Ratio FY1
9.81
Weighted Average Market Cap $69,306.30 M

Index Characteristics as of Nov 30 2022

Est. 3-5 Year EPS Growth 9.52%
Number of Holdings 1,378
Price/Cash Flow 6.07
Price/Earnings 10.29
Price/Earnings Ratio FY1 10.39

Index Statistics as of Nov 30 2022

Weighted Average Market Cap
$32,694.43 M

Yields as of Dec 08 2022

30 Day SEC Yield
3.23%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
3.27%
Index Dividend Yield
4.27%

Fund Market Price as of Dec 08 2022

Bid/Ask
$55.62
Closing Price
$55.61
Day High $55.82
Day Low $55.56
Exchange Volume (Shares)
604
Premium/Discount
-0.08%
30-Day Median Bid/Ask Spread
0.23%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2021 First Quarter of 2022 Second Quarter of 2022 Third Quarter of 2022
Days Traded at Premium
119 27 11 11
Days Traded at Discount
133 35 51 53

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Dec 08 2022

Net Cash Amount -$161,032.56

Fund Net Asset Value as of Dec 08 2022

NAV
$55.67
Shares Outstanding 775,000.00
Assets Under Management $43.14 M

Fund Performance

  • Fund Inception Date: Jun 04 2014

as of Nov 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Jun 04 2014
Fund Before Tax
NAV Nov 30 2022 11.72% 9.84% -15.79% -12.70% 1.44% 0.59% - 1.58%
Market Value Nov 30 2022 12.38% 11.45% -15.43% -12.50% 1.52% 0.53% - 1.63%
MSCI Emerging Markets Factor Mix A-Series Index Nov 30 2022 12.03% 10.06% -15.64% -12.27% 2.06% 1.14% - 2.22%
Fund After Tax
Return after Taxes on Distributions Nov 30 2022 11.72% 9.84% -16.13% -12.85% 1.04% 0.11% - 1.11%
Return after Taxes on Distributions and Sale of Fund Shares Nov 30 2022 6.94% 5.82% -9.34% -6.54% 1.42% 0.62% - 1.29%
MSCI Emerging Markets Factor Mix A-Series Index Nov 30 2022 12.03% 10.06% -15.64% -12.27% 2.06% 1.14% - 2.22%

as of Sep 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Jun 04 2014
Fund Before Tax
NAV Sep 30 2022 -8.92% -9.05% -23.33% -22.33% -1.06% -0.69% - 0.48%
Market Value Sep 30 2022 -8.90% -10.10% -24.12% -22.77% -1.34% -1.03% - 0.35%
MSCI Emerging Markets Factor Mix A-Series Index Sep 30 2022 -9.12% -8.89% -23.36% -22.16% -0.54% -0.17% - 1.09%
Fund After Tax
Return after Taxes on Distributions Sep 30 2022 -8.92% -9.05% -23.64% -22.46% -1.45% -1.17% - -0.01%
Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2022 -5.28% -5.36% -13.78% -12.25% -0.43% -0.29% - 0.47%
MSCI Emerging Markets Factor Mix A-Series Index Sep 30 2022 -9.12% -8.89% -23.36% -22.16% -0.54% -0.17% - 1.09%

Past performance is not a reliable indicator of future performance. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  All results are historical and assume the reinvestment of dividends and capital gains. It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.30%


Top Holdings

Fund Top Holdings as of Dec 08 2022

Name Shares Held Weight
Taiwan Semiconductor Manufacturing Co. Ltd. 76,495 2.71%
Vale S.A. Sponsored ADR 60,976 2.31%
Tata Consultancy Services Limited 21,990 2.06%
Al Rajhi Bank 36,150 1.67%
Samsung Electronics Co. Ltd. 14,593 1.51%
China Construction Bank Corporation Class H 1,075,394 1.50%
MediaTek Inc 25,877 1.37%
Hindustan Unilever Limited 15,809 1.20%
Bank of China Limited Class H 1,397,071 1.12%
PT Bank Central Asia Tbk 890,825 1.12%
Download All Holdings: Daily

Sector Allocation

as of Dec 08 2022
as of Nov 30 2022

Fund Sector Breakdown as of Dec 08 2022

Sector Weight
Financials 22.61%
Information Technology 19.88%
Consumer Staples 11.41%
Materials 10.32%
Consumer Discretionary 9.46%
Communication Services 7.13%
Industrials 5.23%
Health Care 4.86%
Energy 4.34%
Utilities 3.10%
Real Estate 1.64%
Unassigned 0.02%

Index Sector Breakdown as of Nov 30 2022

Sector Weight
Financials 22.06%
Information Technology 20.54%
Consumer Staples 11.37%
Materials 10.24%
Consumer Discretionary 9.23%
Communication Services 7.34%
Health Care 5.47%
Industrials 5.16%
Energy 3.99%
Utilities 3.04%
Real Estate 1.57%

Geographical Breakdown


Purchase Information


Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions may apply.


In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Unless otherwise noted all information contained herein is that of the SPDR® MSCI Emerging Markets StrategicFactorsSM ETF.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with SSGA Funds Management, Inc and any related funds.

MSCI - Net total return indices reinvest dividends after the deduction of withholding taxes, using (for international indices) a tax rate applicable to non-resident institutional investors who do not benefit from double taxation treaties.