Key stats
About SPDR S&P Emerging Markets Dividend ETF
Expense ratio
0.65%
Home page
Inception date
Feb 23, 2011
EDIV departs significantly from market-like coverage as it pursues dividends in emerging markets. The fund seeks to deliver a portfolio of 100 high-yielding common stocks by ranking securities based on risk-adjusted yield, and screening for positive earnings-per-share and stable 3-year dividend growth. Stocks are then weighted by their 12-month dividend yield, subject to single security and country/sector weight caps of 3% and 25%, respectively. EDIV shows a bias toward mid and small-caps rather than a more market-like bulge toward larger firms. The fund also comes with country and sector bets, with financials and energy companies taking a back seat in favor of tech and utilities. The index is reconstituted annually and rebalanced semi-annually.
Classification
What's in the fund
Exposure type
Finance
Communications
Utilities
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.