Summary
State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF is an ETF - a fund traded on an exchange like a stock - run by SPDR. Positions inside: 1,080. The ten largest make up 38% of the fund.
- Yearly costs
- 0.30%
- Fund size
- $174.4M
- Positions
- 1,080
- Dividend yield
- 1.97%
- Running since
- 2016
What speaks for it
- Costs of 0.30% a year are below the middle of comparable funds (0.44%).
- Average yearly growth over the last five years: 5.4%.
What to watch
- 46% of the fund is in one sector (Technology).
- In the last five years its price once dropped by 41% from its high.
- It trades little: only about $287.1K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -8.5%
- 3 months
- -2.2%
- This year
- +18%
- 1 year
- +18%
- 3 years
- +79%
- 5 years
- +30%
- Avg. market cap
- $915.8B
- P/E
- 16.5x
- Forward P/E
- 14.0x
- P/S
- 2.4x
- P/B
- 3.0x
- P/FCF
- 12.8x
- EV/EBITDA
- 12.6x
- Dividend yield
- 1.08%
- ROIC
- 20.8%
- ROE
- 29.0%
- Gross margin
- 51.2%
- Operating margin
- 36.5%
- Net margin
- 32.4%
- Payout ratio
- 17.7%
- Net debt/EBITDA
- -0.2x
- Beta
- 1.17
Weighted average of the 50 largest companies, which make up 40% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 17%
- 2 SAMSUNG ELECTRONICS CO LTD 6.6%
- 3 SK HYNIX INC 4.7%
- 4 07Tencent Holdings Limited 0700.HK 3.0%
- 5 99Alibaba Group Holding Limited 9988.HK 1.9%
- 6 24MediaTek Inc. 2454.TW 1.7%
- 7 09China Construction Bank Corporation 0939.HK 1.0%
- 8 23Delta Electronics, Inc. 2308.TW 0.9%
- 9 SAMSUNG ELECTRONICS PREF 0.9%
- 10 23Hon Hai Precision Industry Co., Ltd. 2317.TW 0.8%
Positions in the fund: 1,080. The ten largest make up 38% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 46%
- Financials 20%
- Consumer cyclical 7.9%
- Communication services 6.1%
- Industrials 6.0%
- Other 14%
By country
- Taiwan 31%
- South Korea 20%
- China 18%
- India 10%
- Other countries 22%
By company size
- Mega cap 43%
- Large cap 49%
- Mid cap 7.9%
- Small cap 0.2%
- Micro cap 0.6%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 60% of the fund.
Largest sector: Technology (46%). Largest country: Taiwan (31%). Largest size group: Large cap (49%).
What does it cost me?
Cheap- A year from $10,000
- $30.00
- Over 20 years
- $1,476
From every $10,000 invested the fund takes $30.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,476.
How has it done?
Growing over the long run- A year on average, 5 years
- +5.4%
- Deepest drop
- -41%
- Yearly volatility
- 26%
Average yearly growth over the last five years: 5.4%. Deepest drop in these years: 41% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.97%
- Payments a year
- 2
- Last payment
- $0.12
Over the last 12 months it paid $0.96 per share, which is 1.97% of today's price. The last payment was $0.12 on Jun 1, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $287.1K
- Shares a day
- 5.9K
On an average day about $287.1K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.5
- Average Bulios Score
- 75 out of 100
Weight by Bulios Fair Price
- Undervalued 26%
- Fairly valued 12%
- Overvalued 62%
On average the companies inside trade for 16.5 times their yearly profit. By Fair Price, 62% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 40% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
EE EEM iShares MSCI Emerging Markets ETF | United States | 0.72% | $29.1B | +17% | Pays out | 55% |
HE HEEM iShares Currency Hedged MSCI Emerging Markets ETF | United States | 1.51% | $283.4M | +17% | Pays out | 55% |
SC SCHE Schwab Emerging Markets Equity ETF | United States | 0.06% | $12.6B | +6.6% | Pays out | 54% |
IQ IQQE.DE iShares MSCI EM UCITS ETF USD (Dist) | Ireland | 0.18% | $11.7B | +21% | Pays out | 53% |
IE IEMM.AS iShares MSCI EM UCITS ETF USD (Dist) | Ireland | 0.18% | $9.61B | +21% | Pays out | 53% |
IE IEMA.AS iShares MSCI EM UCITS ETF USD (Acc) | Ireland | 0.18% | $10.1B | +24% | Reinvests | 52% |
