State Street® SPDR® MSCI Emerging Markets Small Cap UCITS ETF

State Street® SPDR® MSCI Emerging Markets Small Cap UCITS ETF

About

State Street® SPDR® MSCI Emerging Markets Small Cap UCITS ETF (IE00B48X4842) is a UCITS-compliant equity ETF tracking the MSCI Emerging Markets Small Cap Index. With a TER of 0.55%, its costs are on the higher end for an ETF, reinvesting dividends. The fund holds 1,852 positions across 25 regions with 534M in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jul 2, 2026
Component Score Details
Overall 7.0 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 7.0 Tracking Difference: 9.6 · TD Consistency: 4.4 · Expense Ratio (TER): 1.6
Diversification (45%) 7.0 Holding Count: 8.8 · Country Concentration: 4.8 · Sector Concentration: 9.6
Liquidity (25%) 7.2 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

ISIN
Fund Size $534.1M
Issuer SPDR
Distribution Re-Invests Dividends
Replication
Inception May 2011
Base Currency USD
Index MSCI Emerging Markets Small Cap Index
Asset Class Equities
Category Factor Equity

Costs

7.0
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

TER0.00%
Tracking Difference0.00%
TD Consistency0.00%
 
Metric Value
TER 0.55%
Tracking Difference (avg) -0.08%
TD Consistency (std dev) 0.24%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +3.48%
3 Months +4.22%
6 Months +0.12%
1 Year +31.78%
3 Years +68.86%
5 Years +50.53%
10 Years +168.86%
YTD +16.56%
Since Inception +133.73%

Holdings

8.8
This fund spreads its investments across 1,852 individual holdings, providing broad diversification.
#1
W
Winbond Electronics Corp
1.09%
#2
N
Nanya Technology Corp
0.96%
#3
T
Taiwan Union Technology Corp
0.76%
#4
P
Phison Electronics Corp
0.74%
#5
K
Kingboard Holdings Ltd
0.55%
#6
K
Kinsus Interconnect Technology Corp
0.54%
#7
L
LG Innotek Co Ltd
0.49%
#8
M
Macronix International Co Ltd
0.48%
#9
N
Nan Ya Printed Circuit Board Corp
0.48%
#10
U
United Integrated Services Co Ltd
0.43%

Sectors

9.6
This fund is well-diversified across 12 sectors, with no single sector dominating.
 
Sector Weight
Technology 2581.00%
Industrials 1478.00%
Unknown 943.00%
Financials 930.00%
Consumer Discretionary 879.00%
Materials 835.00%
Health Care 801.00%
Real Estate 517.00%
Consumer Staples 450.00%
Communication Services 277.00%
Utilities 196.00%
Energy 120.00%

Regions

4.8
This fund is concentrated in just 26 countries, with significant geographic concentration.
 
Country Weight
Taiwan 2745.00%
India 1981.00%
South Korea 1283.00%
UNKNOWN 930.00%
Hong Kong SAR China 652.00%
South Africa 327.00%
Brazil 298.00%
Saudi Arabia 285.00%
Malaysia 230.00%
Türkiye 192.00%
Mexico 164.00%
Poland 154.00%
Indonesia 94.00%
Greece 88.00%
United States 86.00%
United Arab Emirates 81.00%
Kuwait 77.00%
Chile 71.00%
Qatar 65.00%
Philippines 57.00%
China 46.00%
Thailand 34.00%
Colombia 24.00%
Hungary 17.00%
Egypt 13.00%
Czechia 6.00%

Nerd Stuff

Advanced risk and return metrics (2023-07-02 — 2026-06-30).
10.5%
Volatility
-21.3%
Max Drawdown
0.50
Sharpe Ratio
0.68
Sortino Ratio
0.24
Calmar Ratio
0.25
Beta
6.92%
Alpha (Jensen's)
0.069
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.

Broker Availability

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