Key stats
About SPDR MSCI Emerging Markets Fossil Fuel Free ETF
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Inception date
Oct 24, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
ISIN
US78470E2054
EEMX holds a subset of the MSCI Emerging Markets Index (the parent index), divesting itself of companies that own fossil fuel reserves. The parent index excludes small-cap stocks and provides exposure to across 23 emerging market countries. Fossil fuel reserves are defined as coal, oil, or natural gas reserves for energy purposes. Companies that hold these reserves are removed from the parent index, and the remaining companies are given market-cap-weighting. Firms in the energy, utilities, and diversified metals & mining sector can be included, given that it doesnt own fossil fuel reserves or have businesses from energy application of fossil fuels. Expect minor sector tilts due to the removal of companies that rely on fossil fuels. The index is rebalanced quarterly starting each February.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Finance
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EEMX trades at 42.30 USD today, its price has risen 0.74% in the past 24 hours. Track more dynamics on EEMX price chart.
EEMX net asset value is 41.88 today — it's risen 7.90% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EEMX assets under management is 87.03 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EEMX price has risen by 8.61% over the last month, and its yearly performance shows a 17.75% increase. See more dynamics on EEMX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.90% over the last month, showed a 11.34% increase in three-month performance and has increased by 19.66% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.90% over the last month, showed a 11.34% increase in three-month performance and has increased by 19.66% in a year.
EEMX fund flows account for −11.14 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EEMX invests in stocks. See more details in our Analysis section.
EEMX expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EEMX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EEMX technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EEMX shows the strong buy signal. See more of EEMX technicals for a more comprehensive analysis.
Today, EEMX technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EEMX shows the strong buy signal. See more of EEMX technicals for a more comprehensive analysis.
Yes, EEMX pays dividends to its holders with the dividend yield of 1.57%.
EEMX trades at a premium (0.61%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EEMX shares are issued by State Street Corp.
EEMX follows the MSCI EM (Emerging Markets) ex Fossil Fuels. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 24, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.