State Street SPDR Portfolio Emerging Markets ETF (SPEM) is a emerging-markets ETF. As of October 28, 2026, ETF Copilot scores SPEM 4.7 out of 10 — highest on Growth (6.6), lowest on Return (2.6). It trades at 14.9 times earnings, against its own median of 14.1. Its ten largest holdings are 26% of the fund.
What stands out in SPEM's data
Emerging-market equities, with a tilt toward Asia's faster-growing economies.
Trades at a higher price than the typical emerging-market fund — you pay more for each dollar of earnings.
Its trailing P/E multiple of 14.8x is above the category median of 13.3x and its own five-year median of 14.1x, while the annual fee of 0.07% is far below the 0.5% category norm.
A broad emerging-market allocation, built around Asia's growth engines.
Why did SPEM move this week? It fell 2.0% in the week to October 28, 2026 — Alibaba and Itau Unibanco drove it
SPEM fell 2.0% in the week to October 28, 2026. The holdings that moved it most were Alibaba (−4.6%), Itau Unibanco (−23.7%) and Nu Holdings (−20.5%); Mediatek (+2.4%) pushed the other way.
How is SPEM rated? ETF Copilot scores State Street SPDR Portfolio Emerging Markets ETF (SPEM) 4.7 out of 10
As of October 28, 2026, ETF Copilot scores State Street SPDR Portfolio Emerging Markets ETF (SPEM) 4.7 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.7 / 10
- Growth: 6.6 / 10
- Value: 3.7 / 10
- Risk: 5.1 / 10
- Quality: 5.7 / 10
- Return: 2.6 / 10
Is SPEM expensive right now? It trades at 14.9 times earnings, against its own median of 14.1
As of October 28, 2026, SPEM is more expensive than 69% of its own last 9 years.
Trailing 12 months, built from SPEM's holdings. How we calculate this →
What's inside SPEM? 31% Tech
What's inside SPEM: Size (Large 55%, Mid 31%, Small 15%); Geography (International 100%, US 0%); Tech 31.3%; AI 1.0%; Semiconductors 20.4%; Memory 1.9%.
What are SPEM's top holdings? The ten largest are 26% of the fund
Taiwan Semiconductor, Tencent, Alibaba, Mediatek, China Construction Bank, Hon Hai Precision Industry, Delta Electronics, Reliance Inds, Icici Bank and Hdfc Bank are SPEM's largest holdings, in that order.
More concentrated than 53% of Emerging Markets ETFs.
Half of SPEM's weight sits in its 91 largest positions, and once those weights are taken into account it behaves like 41 equally weighted holdings.
What is SPEM's expense ratio? 0.07% a year
As of October 28, 2026, SPEM charges 0.07% a year, yields 2.62% and holds $16.4B in assets across 2671 positions.
| Measure | SPEM |
|---|---|
| Expense ratio | 0.07% |
| Dividend yield | 2.62% |
| Assets under management | $16.4B |
| Holdings | 2671 |
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.
Cite this
ETF Copilot, “State Street SPDR Portfolio Emerging Markets ETF (SPEM) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/spem
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