State Street® SPDR® S&P® Emerging Asia Pacific ETF

State Street® SPDR® S&P® Emerging Asia Pacific ETF

About

State Street® SPDR® S&P® Emerging Asia Pacific ETF (US78463X3017) is a US-listed physically replicated equity ETF tracking the S&P Emerging Asia Pacific BMI Index. With a expense ratio of 0.49%, its costs are on the higher end for an ETF, paying distributions. The fund holds 1,291 positions across 3 regions with 431M in assets, launched in 2007. Over the past year, the fund returned 30.9%. We rate this fund 6.5/10.

6.5
  • 21%Tracking Difference10.0
  • TD Consistency
  • 9%Expense Ratio2.1
  • 11.25%Holding Count8.4
  • 22.5%Country Concentration6.1
  • 11.25%Sector Concentration1.9
  • 25%Assets Under Management6.7

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice. Last updated: Jul 14, 2026

Ticker GMF
ISIN
Fund Size $431.2M
Issuer SPDR
Distribution Pays Distributions
Replication Physical
Inception Mar 2007
Base Currency USD
Index S&P Emerging Asia Pacific BMI Index
Asset Class Equities

Costs

7.6
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (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 the expense ratio 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.

Expense Ratio0.49%
 
Metric Value
Expense Ratio 0.49%

Cumulative Returns

Performance across different time periods.
1 Month+5.14%
3 Months+0.08%
Year to Date+11.73%
1 Year+30.86%
3 Years+19.73%
5 Years+5.47%
Inception+7.39%
 
Period Cumulative Return
1 Month +5.14%
3 Months +0.08%
6 Months +0.08%
1 Year +30.86%
3 Years +19.73%
5 Years +5.47%
10 Years +10.13%
YTD +11.73%
Since Inception +7.39%

Holdings

8.4
This fund spreads its investments across 1,291 individual holdings, providing broad diversification.
 
Holding Weight
Taiwan Semiconductor Manufacturing Co L 12.43%
TAIWAN SEMICONDUCTOR MANUFAC 5.65%
TENCENT HOLDINGS LTD 3.46%
ALIBABA GROUP HOLDING LTD 2.29%
MEDIATEK INC 2.12%
DELTA ELECTRONICS INC 1.28%
HON HAI PRECISION INDUSTRY 1.16%
ASE TECHNOLOGY HOLDING CO LT 1.06%
HDFC BANK LIMITED 1.01%
CHINA CONSTRUCTION BANK H 1.01%
RELIANCE INDS SPONS GDR 144A 0.94%
ICICI BANK ADR REP LTD 0.91%
UNITED MICROELECTRON SP ADR 0.79%

Sectors

1.9
This fund is concentrated in just a few of its 9 sectors, reducing diversification.
 
Sector Weight
Unknown 86.10%
Technology 12.62%
Consumer Discretionary 0.95%
Communication Services 0.10%
Real Estate 0.09%
Industrials 0.08%
Health Care 0.03%
Consumer Staples 0.02%
Financials 0.01%

Regions

6.1
This fund invests across 4 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
UNKNOWN 98.71%
United States 1.07%
Hong Kong SAR China 0.21%
China 0.01%

Nerd Stuff

Advanced risk and return metrics (17 July 2023 — 7 July 2026).
15.1%
Volatility
-19.2%
Max Drawdown
0.80
Sharpe Ratio
1.13
Sortino Ratio
0.63
Calmar Ratio
0.24
Beta
7.39%
Alpha (Jensen's)
0.073
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
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