SPDR MSCI Emerging Markets Small Cap

ETF description

This ETF aims to follow the performance of smaller companies located in emerging market countries. These firms are typically considered ‘“small‑cap,”’ meaning they have a relatively lower market value compared to larger, more established businesses. The ETF includes a broad range of these smaller businesses across various sectors and countries, such as those in Latin America, Eastern Europe, the Middle East, Africa, and parts of Asia. Because it tracks an index, the ETF offers a way to invest in many companies at once, without trying to choose individual winners.

This ETF may appeal to investors who are seeking to diversify their portfolio by adding exposure to less developed economies, particularly through smaller, locally focused companies.

Issuer details

SPDR ETFs (Standard & Poor’s Depositary Receipts), managed by State Street Global Advisors, are among the largest and most recognized ETFs in the world, with over $1 trillion in assets under management as of June 2024. SPDR offers a broad range of ETFs covering various market segments, including equities, fixed income, sector‑specific funds, commodities, and ESG (Environmental, Social, Governance) investments. Launched in 1993 with the SPDR S&P 500 ETF (SPY), the first ever ETF, SPDR ETFs are known for their strong emphasis on liquidity, transparency, and robust research and analysis. Notable ETFs in their lineup include the SPDR S&P 500 ETF (SPY), SPDR Gold Shares (GLD), and SPDR Bloomberg Barclays High Yield Bond ETF (JNK), reflecting SPDR’s commitment to providing diverse and high‑quality investment options to meet the needs of various investors.

Index details

The MSCI Emerging Markets Small Cap Index is a free float adjusted market capitalisation index that is designed to measure equity market performance of small companies from emerging markets. It offers an exhaustive representation of this size segment by targeting companies that are in the Investable Market Index but not in the Standard Index in the MSCI Emerging Markets Index.