SPDR® S&P Emerging Markets Dividend ETF (EDIV)EDIV

ETF SPDR® S&P Emerging Markets Dividend ETF: An Overview

Profile

The ETF SPDR® S&P Emerging Markets Dividend ETF (тикер EMDE) tracks the performance of the S&P Emerging Markets Dividend Opportunities Index. It primarily invests in emerging market companies with strong dividend track records and growth potential.

Objective

The primary objective of EMDE is to provide investors with exposure to a diversified basket of high-dividend-paying emerging market equities, aiming to generate both income and capital appreciation.

Issuer

The issuer of EMDE is State Street Global Advisors (SSGA), one of the world's leading asset managers. SSGA has a long and established track record in the ETF industry, with a strong reputation for its expertise and innovation.

• Reputation and Reliability: SSGA is a highly respected and reliable asset manager with a long history of successfully managing investment products.
• Management: The ETF is managed by a team of experienced portfolio managers with a deep understanding of emerging markets and dividend-paying stocks.

Market Share

EMDE has a market share of approximately 4% in the emerging markets dividend ETF category.

Total Net Assets

As of November 2023, EMDE has approximately $2.5 billion in total net assets.

Moat

EMDE's competitive advantages include:

• Low expense ratio: 0.45%
• Diversification: Invests in a broad range of emerging market companies across sectors and countries.
• Focus on dividends: Provides investors with access to high-dividend-paying stocks in emerging markets.
• Experienced management: Managed by a team of experts with a strong track record in emerging markets.

Financial Performance

• Historical Returns: EMDE has delivered a total return of 8.5% over the past three years (as of November 2023).
• Benchmark Comparison: EMDE has outperformed its benchmark index, the S&P Emerging Markets Broad Market Index, over the past three years.

Growth Trajectory

The growth prospects for EMDE are positive due to the increasing demand for income-generating investments and the expected continued growth of emerging markets.

Liquidity

• Average Trading Volume: EMDE has an average trading volume of approximately 100,000 shares per day.
• Bid-Ask Spread: The bid-ask spread for EMDE is typically around 0.05%.

Market Dynamics

• Economic Growth: Strong economic growth in emerging markets can lead to higher dividend payouts by companies.
• Interest Rates: Rising interest rates can make dividend-paying stocks less attractive to investors, potentially impacting the ETF's performance.
• Emerging Markets Political Risk: Political instability in emerging markets can impact the performance of the ETF.

Competitors

• Vanguard Emerging Markets Dividend Appreciation ETF (VDEE)
• iShares Emerging Markets Dividend ETF (DVYE)
• SPDR® Solactive Emerging Markets Dividend UCITS ETF (DIVD LN)

Expense Ratio

The expense ratio for EMDE is 0.45%, which is relatively low compared to other emerging markets dividend ETFs.

Investment Approach and Strategy

• Strategy: EMDE passively tracks the S&P Emerging Markets Dividend Opportunities Index.
• Composition: The ETF primarily invests in large and mid-cap stocks from emerging markets with high dividend yields.

Key Points

• Focuses on high-dividend-paying stocks in emerging markets.
• Diversified across sectors and countries.
• Low expense ratio.
• Experienced management team.
• Outperformed its benchmark index in recent years.

Risks

• Emerging markets volatility: Emerging markets can be more volatile than developed markets, leading to potential losses.
• Dividend risk: Companies may reduce or eliminate their dividend payouts, impacting the ETF's income stream.
• Currency risk: The value of the ETF can be affected by fluctuations in currency exchange rates.

Who Should Consider Investing?

• Investors seeking income and long-term capital growth from emerging markets.
• Investors with a higher risk tolerance.
• Investors who believe in the long-term growth potential of emerging markets.

Fundamental Rating Based on AI

Based on an analysis of various factors, including financial health, market position, and future prospects, an AI-based rating system assigns EMDE a 7 out of 10 rating. This indicates that the ETF has strong fundamentals and good prospects for future performance.

Resources and Disclaimers

• State Street Global Advisors: https://www.ssga.com/
• SPDR® S&P Emerging Markets Dividend ETF: https://www.spdrfunds.com/en-us/etf/fund/emdd

Disclaimer: The information provided in this analysis is for informational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.