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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR S&P Emerging Asia Pacific ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Returns By Period
SPDR S&P Emerging Asia Pacific ETF (GMF) has returned -1.90% so far this year and 19.57% over the past 12 months. Over the last ten years, GMF has returned 8.54% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.
SPDR S&P Emerging Asia Pacific ETF
- 1D
- 2.82%
- 1M
- -8.44%
- YTD
- -1.90%
- 6M
- -1.22%
- 1Y
- 19.57%
- 3Y*
- 13.03%
- 5Y*
- 2.75%
- 10Y*
- 8.54%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Mar 23, 2007, GMF's average daily return is +0.04%, while the average monthly return is +0.71%. At this rate, your investment would double in approximately 8.2 years.
Historically, 55% of months were positive and 45% were negative. The best month was May 2009 with a return of +22.8%, while the worst month was Oct 2008 at -22.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.
On a daily basis, GMF closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +15.7%, while the worst single day was Oct 15, 2008 at -10.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.49% | 3.53% | -8.44% | -1.90% | |||||||||
| 2025 | -0.29% | -0.19% | 0.57% | -0.91% | 4.66% | 6.12% | 1.42% | 2.38% | 5.92% | 1.59% | -1.23% | 0.35% | 21.99% |
| 2024 | -4.04% | 5.20% | 1.63% | 1.09% | 3.96% | 2.81% | 0.43% | 1.14% | 8.80% | -2.33% | -2.38% | -0.23% | 16.55% |
| 2023 | 8.91% | -6.57% | 2.70% | -1.71% | -2.40% | 3.90% | 5.98% | -5.38% | -2.21% | -2.95% | 5.94% | 3.04% | 8.20% |
| 2022 | -0.86% | -4.02% | -4.99% | -5.12% | 0.37% | -0.95% | -2.10% | -0.20% | -10.88% | -5.76% | 17.82% | -1.76% | -18.99% |
| 2021 | 4.61% | 1.89% | -3.19% | 1.19% | 0.56% | 1.08% | -7.13% | 2.65% | -3.25% | 1.71% | -2.17% | 0.68% | -1.93% |
Benchmark Metrics
SPDR S&P Emerging Asia Pacific ETF has an annualized alpha of -0.51%, beta of 0.99, and R² of 0.62 versus S&P 500 Index. Calculated based on daily prices since March 26, 2007.
- This ETF participated in 92.66% of S&P 500 Index downside but only 84.50% of its upside — more exposed to losses than it benefited from rallies.
- With beta of 0.99 and R² of 0.62, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.51%
- Beta
- 0.99
- R²
- 0.62
- Upside Capture
- 84.50%
- Downside Capture
- 92.66%
Expense Ratio
GMF has an expense ratio of 0.49%, placing it in the medium range.
Return for Risk
Risk / Return Rank
GMF ranks 57 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SPDR S&P Emerging Asia Pacific ETF (GMF) and compare them to a chosen benchmark (S&P 500 Index).
| GMF | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.90 | +0.16 |
Sortino ratioReturn per unit of downside risk | 1.56 | 1.39 | +0.18 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | 1.40 | +0.08 |
Martin ratioReturn relative to average drawdown | 5.64 | 6.61 | -0.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore GMF risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
SPDR S&P Emerging Asia Pacific ETF provided a 1.52% dividend yield over the last twelve months, with an annual payout of $2.06 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.06 | $2.06 | $2.21 | $2.78 | $2.44 | $3.30 | $1.68 | $1.81 | $1.99 | $1.78 | $1.87 | $2.77 |
Dividend yield | 1.52% | 1.49% | 1.92% | 2.75% | 2.54% | 2.71% | 1.32% | 1.75% | 2.26% | 1.70% | 2.49% | 3.76% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR S&P Emerging Asia Pacific ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.20 | $2.06 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.58 | $2.21 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.92 | $2.78 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.74 | $2.44 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.72 | $3.30 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR S&P Emerging Asia Pacific 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 Asia Pacific ETF was 67.18%, occurring on Nov 20, 2008. Recovery took 1424 trading sessions.
The current SPDR S&P Emerging Asia Pacific ETF drawdown is 10.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -67.18% | Nov 1, 2007 | 267 | Nov 20, 2008 | 1424 | Jul 23, 2014 | 1691 |
| -40.18% | Feb 18, 2021 | 425 | Oct 24, 2022 | 687 | Jul 23, 2025 | 1112 |
| -31.25% | Jan 29, 2018 | 541 | Mar 23, 2020 | 94 | Aug 5, 2020 | 635 |
| -30.66% | Apr 28, 2015 | 201 | Feb 11, 2016 | 324 | May 25, 2017 | 525 |
| -16.46% | Jul 24, 2007 | 18 | Aug 16, 2007 | 12 | Sep 4, 2007 | 30 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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