Spdr Sp Emerging Etf Profile
| XCNY Etf | 24.51 0.10 0.41% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR SP is trading at 24.51 as of the 21st of November 2024; that is 0.41 percent decrease since the beginning of the trading day. The etf's open price was 24.61. SPDR SP has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SPDR SP Emerging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
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SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Emerging Markets ETFs, Strategy ETFs, Diversified Emerging Mkts (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2024-09-04 |
| Benchmark | S&PEmerging ex-China BMI |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 4.89 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Emerging Markets |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets ex-China |
| Administrator | State Street Global Advisors Funds Management Inc. |
| Advisor | SSGA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Kathleen Morgan, Thomas Coleman |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Sep |
| Exchange | NASDAQ |
| Number of Constituents | 1,283 |
| Market Maker | Susquehanna |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Code | XCNY |
| Updated At | 19th of November 2024 |
| Name | SPDR SP Emerging Markets ex-China ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01PKPLQZ6 |
| Type | ETF |
SPDR SP Emerging [XCNY] is traded in USA and was established null. The fund is listed under Diversified Emerging Mkts. The entity is thematically classified as Emerging Markets ETFs. SPDR SP Emerging at this time have in net assets.
Check SPDR SP Probability Of Bankruptcy
Geographic Allocation (%)
SPDR SP Emerging Currency Exposure
SPDR SP Emerging holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR SP will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR SP Emerging.
SPDR SP Emerging Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 1.89 |
SPDR SP Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of SPDR SP Emerging is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.