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SPDR S&P Emerging Markets Small Cap ETF (EWX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US78463X7562

CUSIP

78463X756

Issuer

State Street

Inception Date

May 12, 2008

Region

Emerging Markets (Broad)

Leveraged

1x

Index Tracked

S&P Emerging Markets Under USD2 Billion Index

Home Page

www.ssga.com

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
EWX vs. FEMS EWX vs. EEMS EWX vs. FM EWX vs. EYLD EWX vs. EWT EWX vs. SCHD EWX vs. VWO EWX vs. DEM EWX vs. QQQ EWX vs. FNDE
Popular comparisons:
EWX vs. FEMS EWX vs. EEMS EWX vs. FM EWX vs. EYLD EWX vs. EWT EWX vs. SCHD EWX vs. VWO EWX vs. DEM EWX vs. QQQ EWX vs. FNDE

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in SPDR S&P Emerging Markets Small Cap ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.50%
12.14%
EWX (SPDR S&P Emerging Markets Small Cap ETF)
Benchmark (^GSPC)

Returns By Period

SPDR S&P Emerging Markets Small Cap ETF had a return of 7.53% year-to-date (YTD) and 11.54% in the last 12 months. Over the past 10 years, SPDR S&P Emerging Markets Small Cap ETF had an annualized return of 5.29%, while the S&P 500 had an annualized return of 11.16%, indicating that SPDR S&P Emerging Markets Small Cap ETF did not perform as well as the benchmark.


EWX

YTD

7.53%

1M

-1.54%

6M

4.82%

1Y

11.54%

5Y (annualized)

9.20%

10Y (annualized)

5.29%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of EWX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-3.93%3.23%-0.34%1.67%1.50%1.37%0.71%0.74%6.16%-1.76%7.53%
20236.33%-3.21%0.56%0.43%0.63%3.52%5.37%-1.72%-1.65%-3.61%8.03%2.89%18.16%
2022-2.98%-2.12%0.62%-6.32%-0.49%-6.71%1.77%1.07%-8.95%-0.09%10.72%-1.25%-14.99%
2021-0.70%6.10%1.82%5.58%1.68%3.90%-2.05%1.03%-3.35%1.11%-1.06%3.19%18.15%
2020-5.17%-4.69%-20.47%10.15%4.22%8.35%7.03%3.52%-1.90%-0.97%12.45%6.12%14.84%
20198.15%-0.81%1.41%1.03%-4.15%4.55%-0.34%-2.92%0.44%2.74%-1.01%6.18%15.59%
20185.25%-4.49%0.42%-2.61%-1.12%-5.30%1.79%-3.23%-4.17%-8.08%5.20%-3.31%-18.75%
20176.62%3.94%3.09%1.74%-0.26%1.70%3.19%3.07%-0.18%2.70%0.43%3.88%34.12%
2016-6.52%0.99%9.27%0.90%-3.36%4.15%5.34%1.81%2.25%-0.37%-4.26%-1.49%7.94%
2015-0.99%3.37%-1.39%5.99%0.48%-4.98%-7.33%-10.97%-0.51%6.17%-0.89%-0.71%-12.41%
2014-6.12%5.46%3.24%-0.53%3.62%3.50%-1.09%2.69%-6.11%-1.52%-1.27%-2.97%-1.88%
20132.53%-0.50%0.80%2.31%-1.69%-7.97%1.45%-4.05%6.19%3.89%-0.66%0.41%1.96%

Expense Ratio

EWX features an expense ratio of 0.65%, falling within the medium range.


Expense ratio chart for EWX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of EWX is 29, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of EWX is 2929
Combined Rank
The Sharpe Ratio Rank of EWX is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of EWX is 2121
Sortino Ratio Rank
The Omega Ratio Rank of EWX is 2323
Omega Ratio Rank
The Calmar Ratio Rank of EWX is 4747
Calmar Ratio Rank
The Martin Ratio Rank of EWX is 2929
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for SPDR S&P Emerging Markets Small Cap ETF (EWX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for EWX, currently valued at 0.75, compared to the broader market0.002.004.000.752.54
The chart of Sortino ratio for EWX, currently valued at 1.08, compared to the broader market-2.000.002.004.006.008.0010.001.083.40
The chart of Omega ratio for EWX, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.47
The chart of Calmar ratio for EWX, currently valued at 1.20, compared to the broader market0.005.0010.0015.001.203.66
The chart of Martin ratio for EWX, currently valued at 3.50, compared to the broader market0.0020.0040.0060.0080.00100.003.5016.26
EWX
^GSPC

The current SPDR S&P Emerging Markets Small Cap ETF Sharpe ratio is 0.75. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of SPDR S&P Emerging Markets Small Cap ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
0.75
2.54
EWX (SPDR S&P Emerging Markets Small Cap ETF)
Benchmark (^GSPC)

Dividends

Dividend History

SPDR S&P Emerging Markets Small Cap ETF provided a 2.12% dividend yield over the last twelve months, with an annual payout of $1.28 per share.


2.20%2.40%2.60%2.80%3.00%3.20%$0.00$0.50$1.00$1.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.28$1.31$1.47$1.64$1.16$1.26$1.33$1.20$0.98$1.15$1.21$1.08

Dividend yield

2.12%2.32%3.00%2.77%2.24%2.73%3.26%2.30%2.46%3.04%2.74%2.33%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR S&P Emerging Markets Small Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.45$0.00$0.00$0.00$0.00$0.00$0.45
2023$0.00$0.00$0.00$0.00$0.00$0.48$0.00$0.00$0.00$0.00$0.00$0.83$1.31
2022$0.00$0.00$0.00$0.00$0.00$0.63$0.00$0.00$0.00$0.00$0.00$0.83$1.47
2021$0.00$0.00$0.00$0.00$0.00$0.45$0.00$0.00$0.00$0.00$0.00$1.19$1.64
2020$0.00$0.00$0.00$0.00$0.00$0.35$0.00$0.00$0.00$0.00$0.00$0.81$1.16
2019$0.00$0.00$0.00$0.00$0.00$0.42$0.00$0.00$0.00$0.00$0.00$0.84$1.26
2018$0.00$0.00$0.00$0.00$0.00$0.44$0.00$0.00$0.00$0.00$0.00$0.89$1.33
2017$0.00$0.00$0.00$0.00$0.00$0.16$0.00$0.00$0.00$0.00$0.00$1.04$1.20
2016$0.00$0.00$0.00$0.00$0.00$0.14$0.00$0.00$0.00$0.00$0.00$0.84$0.98
2015$0.00$0.00$0.00$0.00$0.00$0.25$0.00$0.00$0.00$0.00$0.00$0.89$1.15
2014$0.00$0.00$0.00$0.00$0.00$0.30$0.00$0.00$0.00$0.00$0.00$0.91$1.21
2013$0.37$0.00$0.00$0.00$0.00$0.00$0.71$1.08

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.00%
-0.88%
EWX (SPDR S&P Emerging Markets Small Cap ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the SPDR S&P Emerging Markets Small Cap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the SPDR S&P Emerging Markets Small Cap ETF was 63.90%, occurring on Nov 20, 2008. Recovery took 450 trading sessions.

The current SPDR S&P Emerging Markets Small Cap ETF drawdown is 7.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-63.9%May 20, 2008130Nov 20, 2008450Sep 13, 2010580
-42.99%Jan 29, 2018541Mar 23, 2020195Dec 29, 2020736
-34.11%Jan 6, 2011241Dec 19, 2011681Sep 5, 2014922
-31.87%Sep 8, 2014343Jan 15, 2016376Jul 14, 2017719
-24.67%Jul 13, 2021319Oct 14, 2022371Apr 9, 2024690

Volatility

Volatility Chart

The current SPDR S&P Emerging Markets Small Cap ETF volatility is 4.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.69%
3.96%
EWX (SPDR S&P Emerging Markets Small Cap ETF)
Benchmark (^GSPC)