EEMX

SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF

$42.92
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF seeks to track the performance of an index that provides exposure to emerging market equities while excluding companies with fossil fuel reserves.

Overview

ETF tracking SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF

Issuer State Street
Inception Date 2016-10-25
Market Cap $90.1M
Average Volume N/A
Dividend Yield 1.53%
52-Week Range $29.58 - $43.92
VWAP $42.97

Performance

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Investment Summary

📎 Investment Objective

The SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF seeks to track the performance of an index that provides exposure to emerging market equities while excluding companies with fossil fuel reserves.

🎯 Investment Strategy

The ETF seeks to replicate the performance of the MSCI Emerging Markets ex Fossil Fuels Index, which is designed to measure the equity market performance of emerging markets companies that do not own fossil fuel reserves. The fund invests in a representative sample of the underlying index securities.

✨ Key Features

  • Provides exposure to emerging market equities with a focus on companies without fossil fuel reserves
  • Seeks to track the MSCI Emerging Markets ex Fossil Fuels Index
  • Relatively low expense ratio of 0.00%
  • Limited performance history due to recent launch

⚠️ Primary Risks

  • Emerging market risk: Emerging markets may be subject to greater political, economic, and social instability, and information inefficiency
  • Concentration risk: The fund's performance may be more volatile due to its focus on a specific sector or industry
  • Tracking error risk: The fund may not perfectly track the underlying index due to various factors
  • Limited performance history: With a limited track record, the fund's long-term performance is uncertain

👤 Best For

This ETF may be suitable for investors seeking exposure to emerging market equities with a focus on companies that do not own fossil fuel reserves, as part of a diversified portfolio. Investors should have a long-term investment horizon and a moderate to high risk tolerance.