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SPDR MSCI Emerging Markets StrategicFactors ETF

QEMM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 05 2014
Expense Ratio
0.30%
Type
Global Ex. US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$130,554
AUM
$46,545,042
Associated Index
MSCI Emerging Markets Factor Mix A-Series Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

2330
Taiwan Semiconductor Manufacturing
2.70%
532540
Tata Consultancy Services Ltd.
2.30%
VALE
Vale S.A. - ADR
1.91%
005930
Samsung Electronics
1.68%
PDD
PDD Holdings Inc - ADR
1.62%
BBCA
Bank Central Asia Tbk PT
1.40%
2454
Media Tek Inc
1.39%
500209
Infosys Ltd
1.39%
ARAMCO
SAUDI ARABIAN OIL CO
1.31%
939
China Construction Bank Corp. - Ordinary Shares - Class H
1.24%
Invest with QEMM

What is QEMM?

The MSCI Emerging Markets (EM) Factor Mix A-Series Index captures large- and mid-cap representation across 23 emerging markets countries and aims to represent the performance of value, low volatility, and quality factor strategies. The Index is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI EM Value Weighted Index, the MSCI EM Minimum Volatility Index, and the MSCI EM Quality Index (each, a "Component Index").

ETFs related toQEMM

ETFs correlated to QEMM include DFAE, EEM, EDC

QEMM
SSgA Active Trust - SPDR MSCI Emerging Markets StrategicFactors SM ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
GEM
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta Emerging Markets Equity ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
JEMA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan ActiveBuilders Emerging Markets Equity 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 toQEMM

#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 QEMM using Composer

FAQ

QEMM is a Global Ex. US Equities ETF. The MSCI Emerging Markets (EM) Factor Mix A-Series Index captures large- and mid-cap representation across 23 emerging markets countries and aims to represent the performance of value, low volatility, and quality factor strategies. The Index is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI EM Value Weighted Index, the MSCI EM Minimum Volatility Index, and the MSCI EM Quality Index (each, a "Component Index").

QEMM tracks the MSCI Emerging Markets Factor Mix A-Series Index.

No, QEMM 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, QEMM 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 QEMM is -0.0005%. This is the percent change in the value of QEMM over the most recent 1-month period. The 3-month return on QEMM is -0.009%. This is the percent change in the value of QEMM over the most recent 3-month period.

The standard deviation of QEMM for the past year is 0.1488%. 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 QEMM include PBW, IGF, and ARKK.

ETFs correlated to QEMM include DFAE, EEM, and EDC.

ETFs that are inversely correlated to QEMM 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.