Is EWX a good investment?

State Street SPDR S&P Emerging Markets Small Cap ETF (EWX) is a emerging-markets ETF. As of September 11, 2026, ETF Copilot scores EWX 3.8 out of 10 — highest on Growth (8.1), lowest on Valuation (1.5). It trades at 15.5 times earnings, against its own median of 13.3.

Updated September 11, 2026

How is EWX rated? ETF Copilot scores State Street SPDR S&P Emerging Markets Small Cap ETF (EWX) 3.8 out of 10

As of September 11, 2026, ETF Copilot scores State Street SPDR S&P Emerging Markets Small Cap ETF (EWX) 3.8 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 3.8 / 10
Growth: 8.1 / 10
Valuation: 1.5 / 10
Risk: 3.4 / 10
Quality: 1.8 / 10
Return: 2.5 / 10

What is EWX's expense ratio? 0.65% a year

As of September 11, 2026, EWX charges 0.65% a year, yields 2.53% and holds $689M in assets.

State Street SPDR S&P Emerging Markets Small Cap ETF (EWX) — cost, income and size
Measure	EWX
Expense ratio	0.65%
Dividend yield	2.53%
Assets under management	$689M

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in EWX's data

Emerging-market small-cap stocks, held across thousands of names.

Trades at a richer price than most emerging-market funds — you pay more for each dollar of earnings.

Its EBITDA multiple of 10.5x sits above the category median of 9.6x and its own 3-year median of 8.0x. Holdings 3,421.

A broad emerging-market small-cap position for portfolios seeking diversified growth.

Why did EWX move this week? It fell 1.2% in the week to September 11, 2026 — Land Mark Optoelectronics and Structure Therapeutics drove it

EWX fell 1.2% in the week to September 11, 2026. The holdings that moved it most were Land Mark Optoelectronics (−9.0%), Structure Therapeutics (−18.3%) and PAN African Resources (−9.4%); LIN Bioscience LNC (+40.0%) pushed the other way.

Is EWX expensive right now? It trades at 15.5 times earnings, against its own median of 13.3

As of September 11, 2026, EWX is more expensive than 88% of its own 114 monthly readings since 2017 — 100 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What are EWX's top holdings?

Kinsus Interconnect Tech, Land Mark Optoelectronics, Macronix International, Winway Technology, WIN Semiconductors, AP Memory Technology, LIN Bioscience LNC, Iteq, Holy Stone Enterprise and A Data Technology are EWX's largest holdings, in that order.

Cite this

ETF Copilot, “State Street SPDR S&P Emerging Markets Small Cap ETF (EWX) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/ewx