State Street SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM)
State Street SPDR MSCI Emerging Markets StrategicFactors ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $81.02, up 1.13% on the session, giving a market capitalisation of $57.2M. Its beta of 0.95 implies it has historically moved less than the broad market.
The State Street SPDR MSCI Emerging Markets StrategicFactors ETF aims to mirror the total returns of its benchmark, the MSCI Emerging Markets Factor Mix A-Series Index, before accounting for any associated fees and costs. This fund employs a Smart Beta methodology, tracking an index that cohesively blends specific investment factors: low volatility, quality, and value. The resulting portfolio construction aims to deliver a strategy with potentially reduced volatility, while maintaining an equal emphasis on robust, high-quality firms and those considered undervalued. These multi-factor Smart Beta approaches bridge the gap between traditional active and passive investment management, empowering investors to re-evaluate their market exposures and strive for more efficient, risk-adjusted growth.
State Street SPDR MSCI Emerging Markets StrategicFactors ETF is most often compared with the following Financial Services names: