State Street SPDR Portfolio Emerging Markets ETF (SPEM)
State Street SPDR Portfolio Emerging Markets ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $52.37, up 0.48% on the session, giving a market capitalisation of $17.73B. Its beta of 0.86 implies it has historically moved less than the broad market.
This State Street SPDR Portfolio Emerging Markets ETF (SPEM) is engineered to closely mirror the overall performance of the S&P Emerging BMI Index, prior to accounting for any fees or operational costs. As a cost-effective element within the comprehensive SPDR Portfolio collection, it's part of a series of foundational investment tools crafted to offer extensive and varied access across principal asset categories. Specifically, SPEM endeavors to provide broad investment exposure to stock markets in developing economies, thereby also potentially diminishing the concentrated risks tied to individual nations.
State Street SPDR Portfolio Emerging Markets ETF is most often compared with the following Financial Services names: