|Bid||36.61 x 1000|
|Ask||36.62 x 800|
|Day's Range||36.43 - 36.67|
|52 Week Range||32.71 - 38.67|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-2.26%|
|Beta (5Y Monthly)||1.08|
|Expense Ratio (net)||0.11%|
Emerging markets may be the lone asset class that has room to rise as other areas of the markets slow down. But choosing an ETF requires careful comparison—there are more differences than you’d think.
The general rule of thumb for most investors when it comes to exchange-traded funds (ETFs) is that the bigger they are, the cheaper, better performing, and more liquid they are likely to be. Branded ETFs are generally large because their issuer is steering its own clients into them, a recent trend referred to as BYOA, standing for “bring your own assets.” For example, ETFs issued by JPMorgan Chase & Co. (JPM) raised $15.6 billion in 2018, and most of that came from the bank’s affiliates.
Several months ago, State Street Corporation's (STT) State Street Global Advisors (SSgA), the third largest U.S. issuer of exchange-traded funds (ETFs), made its presence felt in the ongoing ETF fee battle in significant fashion. The SPDR Portfolio ETFs, which SSgA debuted in October, are a suite of 15 previously existing SPDR ETFs that now carry ultra-low fees.
As the ETF industry grows and matures, investors are gravitating toward specific areas of interest and targeted investment strategies. “I think what we are already seeing – costs matter. We continue to see that,” Susan Thompson, Head of SPDR Americans Distribution for State Street Global Investors, said at Inside ETFs.
Emerging markets ETFs are rebounding and for investors looking for broad-based, cost-efficient funds in this category, the SPDR Portfolio Emerging Markets ETF (SPEM) is a name to consider. With an expense ratio of just 0.11% per year, or $11 on a $10,000 investment, SPEM is one of the least expensive emerging markets ETFs on the market. Major asset managers and investment banks like JPMorgan, Citi and BlueBay Asset Management, among others, have been piling into the emerging markets in recent weeks.