State Street SPDR S&P Emerging Markets Dividend ETF (EDIV)
State Street SPDR S&P Emerging Markets Dividend ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $40.82, up 0.42% on the session, giving a market capitalisation of $1.20B. Its beta of 0.72 implies it has historically moved less than the broad market.
The State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) aims to mirror the total return performance of the S&P Emerging Markets Dividend Opportunities Index, prior to deducting its operating fees and expenses. The fund provides investment in 100 emerging market companies, specifically those identified as having the strongest risk-adjusted dividend yields after satisfying stringent stability and dividend growth criteria. Constituents of the underlying index are weighted according to their trailing 12-month dividend yield. To maintain diversification, the index caps exposure, ensuring that no single country or GICS sector exceeds 25% of its total weight, and no individual stock accounts for more than 3%.
State Street SPDR S&P Emerging Markets Dividend ETF is most often compared with the following Financial Services names: