|Bid||34.08 x 3200|
|Ask||35.49 x 1300|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||8.39%|
|Beta (3Y Monthly)||1.05|
|Expense Ratio (net)||0.11%|
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.
Emerging markets took a beating last year, and despite a recent respite, the pain likely isn't over. The MSCI Emerging Markets Index index, which tracks stocks in 24 emerging market economies, lost 14.6% in 2018 versus a loss of 4.4% for the S&P 500. Emerging markets (EM) include those economies that tend to be less developed than those in Western Europe such as Germany, and U.K. for instance, or the U.S. and Canada in North America.
Emerging markets have been labeled as the "most crowded trade" on the Wall Street for the first time in history. We have highlighted some hottest emerging market ETF trades of this year.
Emerging markets should form "a core part of your portfolio," according to Taimur Hyat, the Chief Operating Officer at PGIM.
Rather than relying solely on past performance, CFRA combines holdings-level analysis with additional fund characteristics, such as expense ratio and trading costs, to rate more than 1,100 equity ETFs, observes Todd Rosenbluth, ETF specialist and analyst with CFRA Research.
For the bulk of 2018, emerging markets equities have been laggards. The widely followed MSCI Emerging Markets Index is sitting on a year-to-date loss north of 11 percent. Eyeing a potential emerging markets rebound in 2019, CFRA Research anointed the SPDR Portfolio Emerging Markets ETF (NYSE: SPEM) as its focus ETF for the month of December.
Emerging markets equities and the related exchange traded funds have been punished this year. Just look at the SPDR Portfolio Emerging Markets ETF (SPEM) , which is lower by 13% year-to-date. Emerging markets equities still trade at a discounts relative to U.S. benchmarks, but the utility of the quality factor in the developing world cannot be understated.
In trying to keep up with an evolving ETF industry, ETF providers have also had to adapt and come out with new ways to stay competitive, which have all ended up benefiting investors. For example, State ...
Horizon Investments, which has earned several awards this year, offers three best ETF ideas for the months ahead. Emerging markets is one of them.