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. 

 

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SPDR® Portfolio Emerging Markets ETF SPEM

Important Risk Disclosure

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.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

Foreign (non-U.S.) Securities may be subject to greater political, economic, environmental, credit and information risks. Foreign securities may be subject to higher volatility than U.S. securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets.

The Fund is classified as “diversified” under the Investment Company Act of 1940, as amended (the “1940 Act”); however, the Fund may become “non-diversified,” as defined under the 1940 Act, solely as a result of tracking the Index (e.g., changes in weightings of one or more component securities). When the Fund is non-diversified, it may invest a relatively high percentage of its assets in a limited number of issuers.

Passively managed funds hold a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.

While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Intellectual Property Information: Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

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.

The Fund's investments are subject to changes in general economic conditions, general market fluctuations and the risks inherent in investment in securities markets. Investment markets can be volatile and prices of investments can change substantially due to various factors including, but not limited to, economic growth or recession, changes in interest rates, changes in the actual or perceived creditworthiness of issuers, and general market liquidity. The Fund is subject to the risk that geopolitical events will disrupt securities markets and adversely affect global economies and markets. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, or other events could have a significant impact on the Fund and its investments.

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$35.31

as of Aug 12 2022

Base Currency

USD

Assets Under Management

$5,708.83 M

as of Aug 12 2022

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.11%


Key Features

Key Features

  • 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”)
  • One of the low cost core SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes
  • A low cost ETF that seeks to offer broad exposure to emerging market equities
  • Could potentially mitigate country-specific risk


About this Benchmark

About this Benchmark

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). The S&P® Global BMI is a comprehensive, float-weighted, rules-based benchmark that is readily divisible and customizable. A country will be eligible for inclusion in the S&P® Global BMI if it is classified as either a developed or emerging market by the S&P® Global Equity Index Committee. The Index is “float-adjusted,” meaning that only those shares publicly available to investors are included in the Index calculation.


Fund Information as of Aug 15 2022

Fund Information as of Aug 15 2022
Benchmark Inception Date Options Available Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Administrator Investment Manager
S&P Emerging BMI Index Mar 20 2007 No 0.11% USD State Street Global Advisors Funds Management Inc. SSGA Funds Management, Inc.
Benchmark S&P Emerging BMI Index
Inception Date Mar 20 2007
Options Available No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.11%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Distributor Distribution Frequency
Global Equity Beta Solutions State Street Global Advisors Funds Distributors, LLC Semi-Annually
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Semi-Annually

Listing Information as of Aug 15 2022

Listing Information as of Aug 15 2022
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Mar 20 2007 USD SPEM 78463X509 US78463X5095
Exchange NYSE ARCA EXCHANGE
Listing Date Mar 20 2007
Trading Currency USD
Ticker SPEM
CUSIP 78463X509
ISIN US78463X5095

Fund Characteristics as of Aug 12 2022

Fund Characteristics as of Aug 12 2022
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

Number of Holdings Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

Weighted Average Market Cap
15.31% 2,877 1.55 10.87 $73,398.84 M
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

15.31%
Number of Holdings 2,877
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

1.55
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

10.87
Weighted Average Market Cap $73,398.84 M

Index Characteristics as of Aug 12 2022

Index Characteristics as of Aug 12 2022
Est. 3-5 Year EPS Growth Number of Holdings Price/Cash Flow Price/Earnings Price/Earnings Ratio FY1
15.37% 5,092 6.98 11.59 11.20
Est. 3-5 Year EPS Growth 15.37%
Number of Holdings 5,092
Price/Cash Flow 6.98
Price/Earnings 11.59
Price/Earnings Ratio FY1 11.20

Index Statistics as of Aug 12 2022

Index Statistics as of Aug 12 2022

Average Size
Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$47,087.76 M $1,888.94 M $560.73 M $424,778.44 M $0.00 M
Weighted Average Market Cap $47,087.76 M
Average Size
Mean $1,888.94 M
Median $560.73 M
Size Range
Largest $424,778.44 M
Smallest $0.00 M

Yields as of Aug 12 2022

Yields as of Aug 12 2022
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

Fund Distribution Yield

Fund Distribution Yield

The sum of the most recent 12 distributions within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

2.92% - 3.99% 3.29%
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

2.92%
30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

-
Fund Distribution Yield

Fund Distribution Yield

The sum of the most recent 12 distributions within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

3.99%
Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

3.29%

Fund Market Price as of Aug 12 2022

Fund Market Price as of Aug 12 2022
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

$35.54 $35.55 $35.55 $35.21 121,839 0.68% 0.03%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

$35.54
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$35.55
Day High $35.55
Day Low $35.21
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

121,839
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

0.68%
30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

0.03%
Premium Discount to NAV Graph and Summary

The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

x axis: Dates
y axis: Premium or Discount (bps)
Number of Days Summary
Calendar Year 2021 First Quarter of 2022 Second Quarter of 2022
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

112 38 28
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

140 24 34
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

Calendar Year 2021 112
First Quarter of 2022 38
Second Quarter of 2022 28
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

Calendar Year 2021 140
First Quarter of 2022 24
Second Quarter of 2022 34
Fund Data

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 Aug 12 2022

Fund Net Cash Amount as of Aug 12 2022
Net Cash Amount
$42,109,586.68
Net Cash Amount $42,109,586.68

Fund Net Asset Value as of Aug 12 2022

Fund Net Asset Value as of Aug 12 2022
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

Shares Outstanding Assets Under Management
$35.31 161.70 M $5,708.83 M
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$35.31
Shares Outstanding 161.70 M
Assets Under Management $5,708.83 M
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: Mar 20 2007

as of Jul 31 2022

as of Jun 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Mar 20 2007
Fund Before Tax
NAV Jul 31 2022 -0.68% -0.68% -16.26% -16.97% 1.68% 1.97% 3.56% 3.71%
Market Value Jul 31 2022 -0.68% -0.68% -15.62% -16.40% 2.26% 2.11% 3.69% 3.76%
S&P Emerging BMI Index Jul 31 2022 -0.50% -0.50% -16.69% -17.83% 1.35% 1.75% 3.62% 3.69%
Fund After Tax
Return after Taxes on Distributions Jul 31 2022 -0.68% -0.68% -16.70% -17.87% 0.89% 1.30% 3.01% 3.20%
Return after Taxes on Distributions and Sale of Fund Shares Jul 31 2022 -0.41% -0.41% -9.62% -9.63% 1.24% 1.47% 2.76% 2.94%
S&P Emerging BMI Index Jul 31 2022 -0.50% -0.50% -16.69% -17.83% 1.35% 1.75% 3.62% 3.69%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Mar 20 2007
Fund Before Tax
NAV Jun 30 2022 -4.99% -9.96% -15.68% -21.51% 1.65% 3.31% 3.78% 3.77%
Market Value Jun 30 2022 -3.48% -8.76% -15.05% -20.77% 1.90% 3.42% 3.72% 3.82%
S&P Emerging BMI Index Jun 30 2022 -5.27% -10.40% -16.27% -22.41% 1.29% 3.06% 3.80% 3.74%
Fund After Tax
Return after Taxes on Distributions Jun 30 2022 -5.49% -10.44% -16.13% -22.36% 0.87% 2.63% 3.23% 3.26%
Return after Taxes on Distributions and Sale of Fund Shares Jun 30 2022 -2.95% -5.89% -9.28% -12.35% 1.22% 2.50% 2.94% 3.00%
S&P Emerging BMI Index Jun 30 2022 -5.27% -10.40% -16.27% -22.41% 1.29% 3.06% 3.80% 3.74%

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: 0.11%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of Aug 12 2022
Index Top Holdingsas of Aug 12 2022

Fund Top Holdings as of Aug 12 2022

Name Shares Held Weight
Taiwan Semiconductor Manufacturing Co. Ltd. 15,054,182 4.54%
Tencent Holdings Ltd. 4,824,615 3.27%
Alibaba Group Holding Ltd. Sponsored ADR 1,466,154 2.43%
Reliance Industries Limited Sponsored GDR 144A 1,345,093 1.56%
Meituan Class B 3,256,048 1.30%
Infosys Limited Sponsored ADR 3,143,602 1.10%
China Construction Bank Corporation Class H 81,276,350 0.90%
Housing Development Finance Corporation Limited 1,590,645 0.86%
ICICI Bank Limited Sponsored ADR 2,046,588 0.80%
JD.com Inc. Sponsored ADR Class A 743,485 0.74%
Download All Holdings: Daily

Index Top Holdings as of Aug 12 2022

Name Weight
Taiwan Semiconductor Manufacturing Co. Ltd. 4.48%
Tencent Holdings Ltd. 3.23%
Alibaba Group Holding Ltd. Sponsored ADR 2.40%
Reliance Industries Limited 1.57%
Meituan Class B 1.28%
Infosys Limited 1.01%
China Construction Bank Corporation Class H 0.90%
JD.com Inc. Sponsored ADR Class A 0.82%
ICICI Bank Limited 0.78%
Housing Development Finance Corporation Limited 0.77%

Sector Allocation

Sector Allocation
Fund Sector Breakdownas of Aug 12 2022
Index Sector Breakdownas of Aug 12 2022

Fund Sector Breakdown as of Aug 12 2022

Sector Weight
Financials 21.61%
Information Technology 15.38%
Consumer Discretionary 13.90%
Materials 9.68%
Communication Services 8.70%
Industrials 7.16%
Consumer Staples 6.63%
Energy 6.57%
Health Care 4.54%
Utilities 3.26%
Real Estate 2.53%
Unassigned 0.04%

Index Sector Breakdown as of Aug 12 2022

Sector Weight
Financials 22.14%
Information Technology 15.38%
Consumer Discretionary 13.54%
Materials 9.82%
Communication Services 8.56%
Industrials 7.54%
Consumer Staples 6.77%
Energy 5.21%
Health Care 4.55%
Utilities 3.55%
Real Estate 2.95%
Unassigned 0.01%

Geographical Breakdown

Geographical Breakdown

Purchase Information

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.


Fund Footnotes

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® Portfolio Emerging Markets 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.

S&P - In net total return indices, the dividends are reinvested after the deduction of withholding tax. Tax rates are applied at the country level or at the index level.