Spdr Msci Emerging Etf Profile
| EEMX Etf | USD 30.36 0.11 0.36% |
Performance5 of 100
| Odds Of DistressLess than 9
|
SPDR MSCI is trading at 30.36 as of the 18th of April 2024; that is 0.36 percent increase since the beginning of the trading day. The etf's open price was 30.25. SPDR MSCI has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for SPDR MSCI Emerging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of May 2023 and ending today, the 18th of April 2024. Click here to learn more.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. EM Fossil is traded on NYSEARCA Exchange in the United States.. More on SPDR MSCI Emerging
Moving together with SPDR Etf
| 0.99 | VWO | Vanguard FTSE Emerging | PairCorr |
| 0.99 | IEMG | iShares Core MSCI | PairCorr |
| 0.95 | EEM | iShares MSCI Emerging | PairCorr |
| 0.99 | SPEM | SPDR Portfolio Emerging | PairCorr |
| 0.96 | FNDE | Schwab Fundamental | PairCorr |
| 0.99 | ESGE | iShares ESG Aware | PairCorr |
| 0.98 | DGS | WisdomTree Emerging | PairCorr |
Moving against SPDR Etf
| 0.87 | WTID | UBS ETRACS | PairCorr |
SPDR Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR MSCI's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR MSCI or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Diversified Emerging Mkts, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2016-10-24 |
| Benchmark | MSCI Emerging Markets ex Fossil Fuels Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 78.63 Million |
| Average Trading Valume | 4,642 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Emerging Markets |
| Region | Global ex-U.S. |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, Kala ODonnell |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 663 |
| Market Maker | Citadel |
| Total Expense | 0.3 |
| Management Fee | 0.3 |
| Country Name | USA |
| Returns Y T D | (1.78) |
| Name | SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF |
| Currency Code | USD |
| Open Figi | BBG00F161LM9 |
| In Threey Volatility | 17.82 |
| 1y Volatility | 16.44 |
| 200 Day M A | 30.0686 |
| 50 Day M A | 30.8867 |
| Code | EEMX |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
SPDR MSCI Emerging [EEMX] is traded in USA and was established 2016-10-24. The fund is listed under Diversified Emerging Mkts category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Strategy ETFs. SPDR MSCI Emerging currently have 85.64 M in assets under management (AUM). , while the total return for the last 3 years was -7.4%.
Check SPDR MSCI Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR MSCI Emerging Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
SPDR MSCI Emerging Currency Exposure
SPDR MSCI Emerging holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR MSCI will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR MSCI Emerging.
Top SPDR MSCI Emerging Etf Constituents
| NAPRF | Naspers Limited | Pink Sheet | Internet Content & Information |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
| BIDU | Baidu Inc | Stock | Communication Services |
| CICHF | China Construction Bank | Pink Sheet | Banks—Diversified |
| HNHAF | Hon Hai Precision | Pink Sheet | Electronic Components |
| IDCBF | Industrial and Commercial | Pink Sheet | Banks—Diversified |
| JD | JD Inc Adr | Stock | Consumer Discretionary |
SPDR MSCI Target Price Odds Analysis
Based on a normal probability distribution, the odds of SPDR MSCI jumping above the current price in 90 days from now is about 58.21%. The SPDR MSCI Emerging probability density function shows the probability of SPDR MSCI etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.0246 suggesting SPDR MSCI Emerging market returns are sensitive to returns on the market. As the market goes up or down, SPDR MSCI is expected to follow. Additionally, sPDR MSCI Emerging has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SPDR MSCI to move above the current price in 90 days from now is about 58.21 (This SPDR MSCI Emerging probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .
SPDR MSCI Emerging Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR MSCI market risk premium is the additional return an investor will receive from holding SPDR MSCI long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR MSCI. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR MSCI's alpha and beta are two of the key measurements used to evaluate SPDR MSCI's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0178 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.03) |
SPDR MSCI Against Markets
Picking the right benchmark for SPDR MSCI etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR MSCI etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR MSCI is critical whether you are bullish or bearish towards SPDR MSCI Emerging at a given time. Please also check how SPDR MSCI's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SPDR MSCI without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
How to buy SPDR Etf?
Before investing in SPDR MSCI, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR MSCI. To buy SPDR MSCI etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR MSCI. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR MSCI etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SPDR MSCI Emerging etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SPDR MSCI Emerging etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR MSCI Emerging, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR MSCI guide.
Already Invested in SPDR MSCI Emerging?
The danger of trading SPDR MSCI Emerging is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR MSCI is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR MSCI. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR MSCI Emerging is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SPDR MSCI Emerging is a strong investment it is important to analyze SPDR MSCI's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR MSCI's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR MSCI Emerging. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of SPDR MSCI Emerging is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR MSCI's value that differs from its market value or its book value, called intrinsic value, which is SPDR MSCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR MSCI's market value can be influenced by many factors that don't directly affect SPDR MSCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR MSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.