State Street(R) SPDR(R) Portfolio Emerging Markets ETF

SPDR INDEX SHARES FUNDS · Series S000014048 · 1 share classes

Equity fund · 100% stocks
One fund, 1 share classes:SPEM
$15.67B NAV
3,007 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2026 Q1

The State Street SPDR Portfolio Emerging Markets ETF (the Fund) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index based upon the emerging markets of the world.

Strategy · summarised

The fund tracks the S&P Emerging BMI Index, a float-adjusted market-capitalization-weighted index of publicly traded companies in emerging markets with at least $100 million in float-adjusted market capitalization and sufficient liquidity. The fund employs a sampling strategy, purchasing a subset of index securities chosen to replicate the index's risk and return characteristics rather than holding all constituents. Because the fund samples rather than fully replicates the index, its returns may diverge from the index. The index is reconstituted annually and rebalances quarterly to include new listings and initial public offerings.

Expenses
0.07%one share class
Share classExpense ratio
SPEM0.07%

Portfolio turnover 1.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

102.08%
of net assets
Stocks99.88%
Cash & short-term2.06%
Other0.13%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 14 new59 exited

Largest new: Kotak Mahindra Bank Ltd, Multi Commodity Exchange of India Ltd, Angel One Ltd, Advanced Info Service PCL, ICE Futures U.S., Inc., Kasikornbank PCL, VOYAH Automobile Technology Co Ltd

Largest exited: Kotak Mahindra Bank Ltd, Multi Commodity Exchange of India Ltd, Banco Pan SA, Angel One Ltd, Dongfeng Motor Group Co Ltd, Adani Enterprises Ltd, Deppon Logistics Co Ltd, ICE Futures U.S., Inc.

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Taiwan Semiconductor Manufacturing Co Ltd11.96%$1.87B
Tencent Holdings Ltd3.48%$545.83M
Alibaba Group Holding Ltd2.57%$402.91M
State Street Global Advisors2.06%$322.28M
Reliance Industries Ltd0.99%$154.66M
China Construction Bank Corp0.95%$148.33M
Delta Electronics Inc0.93%$145.96M
HDFC Bank Ltd0.84%$132.21M
MediaTek Inc0.82%$129.14M
Hon Hai Precision Industry Co Ltd0.77%$120.19M
Showing 10 of 3,007Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what the fund paid.

Top 10 positions are 25.38% of net assets, top 25 33.30%, across 2.9K issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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