Spdr Sp Emerging Etf Profile
EDIV Etf | USD 35.46 0.04 0.11% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR SP is selling for under 35.46 as of the 28th of November 2024; that is 0.11 percent decrease since the beginning of the trading day. The etf's lowest day price was 35.38. SPDR SP has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SPDR SP Emerging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
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. SP Emrg is traded on NYSEARCA Exchange in the United States. More on SPDR SP Emerging
Moving together with SPDR Etf
0.73 | VWO | Vanguard FTSE Emerging | PairCorr |
0.84 | IEMG | iShares Core MSCI | PairCorr |
0.86 | EMC | Global X Funds | PairCorr |
0.81 | EEM | iShares MSCI Emerging | PairCorr |
0.72 | SPEM | SPDR Portfolio Emerging | PairCorr |
0.7 | FNDE | Schwab Fundamental | PairCorr |
Moving against SPDR Etf
SPDR Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, High Dividend Yield ETFs, Diversified Emerging Mkts, SPDR State Street Global Advisors (View all Sectors) |
Issuer | SSgA |
Inception Date | 2011-02-23 |
Benchmark | S&P Emerging Markets Dividend Opportunities Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 523.42 Million |
Average Trading Valume | 124,650.5 |
Asset Type | Equity |
Category | Strategy |
Focus | High Dividend Yield |
Market Concentration | Emerging Markets |
Region | Emerging Markets |
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, Payal Gupta |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Oct |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 146 |
Market Maker | Flow Traders |
Total Expense | 0.49 |
Management Fee | 0.49 |
Country Name | USA |
Returns Y T D | 12.92 |
Name | SPDR SP Emerging Markets Dividend ETF |
Currency Code | USD |
Open Figi | BBG001JZPDN8 |
In Threey Volatility | 15.46 |
1y Volatility | 11.12 |
200 Day M A | 35.2689 |
50 Day M A | 36.707 |
Code | EDIV |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
SPDR SP Emerging [EDIV] is traded in USA and was established 2011-02-23. 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 SP Emerging currently have 173.53 M in assets under management (AUM). , while the total return for the last 3 years was 12.1%.
Check SPDR SP 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 SP 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 SP Emerging Currency Exposure
SPDR SP 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 SP 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 SP Emerging.
Top SPDR SP Emerging Etf Constituents
TNABF | Tenaga Nasional Berhad | Pink Sheet | Utilities—Regulated Electric | |
CAOVF | China Overseas Land | Pink Sheet | Real Estate—Development | |
ABG | Asbury Automotive Group | Stock | Consumer Discretionary | |
TSM | Taiwan Semiconductor Manufacturing | Stock | Information Technology | |
BKRKF | PT Bank Rakyat | Pink Sheet | Banks—Regional | |
AGRPF | Absa Group Limited | Pink Sheet | Banks—Regional | |
AVIVF | Advanced Info Service | Pink Sheet | US Pink Sheet | |
CRBJF | China Resources Land | Pink Sheet | Real Estate—Development |
SPDR SP Top Holders
ZZZD | BMO Tactical Dividend | Etf | Tactical Balanced | |
CAPTX | Canterbury Portfolio Thermostat | Mutual Fund | Tactical Allocation |
SPDR SP Emerging Risk Profiles
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 SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (0.62) |
SPDR SP Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR SP Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of SPDR SP 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.