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SPDR S&P Emerging Markets ex-China ETF (XCNY)



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Upturn Advisory Summary
08/14/2025: XCNY (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 8.72% | Avg. Invested days 67 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 20.78 - 26.03 | Updated Date 06/28/2025 |
52 Weeks Range 20.78 - 26.03 | Updated Date 06/28/2025 |
Upturn AI SWOT
SPDR S&P Emerging Markets ex-China ETF
ETF Overview
Overview
The SPDR S&P Emerging Markets ex-China ETF (SPEM) seeks to provide investment results that correspond generally to the total return performance of the S&P Emerging Markets ex-China Index. It focuses on emerging markets equities, excluding China, offering diversified exposure to various sectors and countries.
Reputation and Reliability
State Street Global Advisors (SSGA) is a reputable and reliable issuer with a long track record in the ETF market.
Management Expertise
SSGA has a team of experienced professionals managing ETFs, leveraging their expertise in index tracking and portfolio management.
Investment Objective
Goal
The primary goal of SPEM is to replicate the performance of the S&P Emerging Markets ex-China Index, providing investors with exposure to emerging markets equities excluding China.
Investment Approach and Strategy
Strategy: SPEM employs a passive management strategy, aiming to track the S&P Emerging Markets ex-China Index as closely as possible.
Composition The ETF holds a basket of stocks from various emerging market countries, excluding China. The composition reflects the index's weighting methodology.
Market Position
Market Share: SPEM has a moderate market share in the emerging markets ex-China ETF sector.
Total Net Assets (AUM): 1960000000
Competitors
Key Competitors
- iShares MSCI Emerging Markets ex China ETF (EMXC)
- Vanguard FTSE Emerging Markets ex China ETF (VFE)
- Dimensional Emerging Markets ex China ETF (DFAE)
Competitive Landscape
The emerging markets ex-China ETF sector is competitive, with several large players. SPEM offers exposure to a specific index, while competitors might track different benchmarks with varying methodologies. Advantages of SPEM are it's brand recognition and the index it tracks, disadvantages are it's smaller AUM and potential tracking error compared to larger competitors. EMXC from iShares dominates in market share and AUM.
Financial Performance
Historical Performance: Historical performance data should be obtained from reliable sources like Morningstar or ETF.com. Past performance is not indicative of future results.
Benchmark Comparison: SPEM's performance should be compared to the S&P Emerging Markets ex-China Index to assess its tracking efficiency. Data should be sourced from trusted financial websites.
Expense Ratio: 0.49
Liquidity
Average Trading Volume
SPEM's average trading volume indicates adequate liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is generally tight, reflecting sufficient market participation.
Market Dynamics
Market Environment Factors
Economic growth in emerging markets, geopolitical events, and currency fluctuations significantly impact SPEM's performance.
Growth Trajectory
The growth trajectory depends on the overall performance of emerging markets economies, excluding China, and the ETF's ability to track its index effectively.
Moat and Competitive Advantages
Competitive Edge
SPEM's competitive advantage lies in its brand recognition as a State Street SPDR ETF and its focus on the S&P Emerging Markets ex-China Index. By excluding China, it provides targeted exposure to other emerging markets economies. This allows investors to diversify their emerging markets allocations and potentially avoid risks associated with the Chinese market. SPEM offers transparency and relatively low costs, appealing to cost-conscious investors.
Risk Analysis
Volatility
SPEM's volatility is tied to the volatility of emerging markets equities, which can be higher than developed markets.
Market Risk
Market risk includes economic downturns, political instability, and currency risks specific to the emerging market countries included in the index.
Investor Profile
Ideal Investor Profile
The ideal investor is seeking broad exposure to emerging markets equities outside of China and is comfortable with the higher risk associated with emerging markets.
Market Risk
SPEM is suitable for long-term investors seeking diversification and growth potential within their portfolio.
Summary
SPDR S&P Emerging Markets ex-China ETF (SPEM) is a passively managed fund designed to track the performance of the S&P Emerging Markets ex-China Index. It offers investors a way to gain exposure to emerging market economies while excluding the Chinese market. While providing diversification it also carries significant market risk associated with emerging markets. Its competitive advantage lies in brand recognition, index tracking, and exclusion of China.
Peer Comparison
Sources and Disclaimers
Data Sources:
- State Street Global Advisors, ETF.com, Morningstar
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Investment decisions should be based on individual circumstances and risk tolerance. Past performance is not indicative of future results. Market share data is approximate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR S&P Emerging Markets ex-China ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in the securities comprising the index. The index is a float-adjusted market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging markets, excluding China. The fund is non-diversified.

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