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ETFs

SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF

EEMX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 24 2016
Expense Ratio
0.30%
Type
Global Ex. US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$235,325
AUM
$76,428,989
Associated Index
MSCI Emerging Markets ex Fossil Fuels Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

2330
Taiwan Semiconductor Manufacturing
6.56%
700
Tencent Holdings Ltd.
4.12%
005930
Samsung Electronics
3.95%
9988
Alibaba Group Holding Ltd
2.91%
3690
Meituan - Ordinary Shares - Class B
1.29%
500209
Infosys Ltd
1.10%
532174
ICICI Bank Ltd.
0.99%
000660
SK Hynix Inc
0.92%
939
China Construction Bank Corp. - Ordinary Shares - Class H
0.91%
PDD
PDD Holdings Inc - ADR
0.86%
Invest with EEMX

What is EEMX?

The SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI Emerging Markets ex Fossil Fuels Index. The MSCI Emerging Markets ex Fossil Fuels Index is designed to measure the performance of companies in the MSCI Emerging Markets Index (the Parent Index ) that do not own proved and probable coal, oil or natural gas reserves used for energy purposes. The Parent Index, which serves as the initial universe for eligible securities in the Index, captures large and mid-capitalization representation across 23 emerging market countries.

ETFs related toEEMX

ETFs correlated to EEMX include EEM, IEMG, EDC

EEMX
SSgA Active Trust - SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
AAXJ
BlackRock Institutional Trust Company N.A. - iShares MSCI All Country Asia ex Japan ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEEMX

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EEMX using Composer

FAQ

EEMX is a Global Ex. US Equities ETF. The SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI Emerging Markets ex Fossil Fuels Index. The MSCI Emerging Markets ex Fossil Fuels Index is designed to measure the performance of companies in the MSCI Emerging Markets Index (the Parent Index ) that do not own proved and probable coal, oil or natural gas reserves used for energy purposes. The Parent Index, which serves as the initial universe for eligible securities in the Index, captures large and mid-capitalization representation across 23 emerging market countries.

EEMX tracks the MSCI Emerging Markets ex Fossil Fuels Index.

No, EEMX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EEMX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EEMX is -0.0144%. This is the percent change in the value of EEMX over the most recent 1-month period. The 3-month return on EEMX is -0.0235%. This is the percent change in the value of EEMX over the most recent 3-month period.

The standard deviation of EEMX for the past year is 0.187%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EEMX include PBW, IGF, and ARKK.

ETFs correlated to EEMX include EEM, IEMG, and EDC.

ETFs that are inversely correlated to EEMX include EDZ, YANG, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.