QEMM vs. SPDW
Compare and contrast key facts about SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) and SPDR Portfolio World ex-US ETF (SPDW).
QEMM and SPDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QEMM is a passively managed fund by State Street that tracks the performance of the MSCI EM Factor Mix A-Series (USD). It was launched on Jun 4, 2014. SPDW is a passively managed fund by State Street that tracks the performance of the S&P Developed Ex-U.S. BMI Index. It was launched on Apr 26, 2007. Both QEMM and SPDW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QEMM or SPDW.
Correlation
The correlation between QEMM and SPDW is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QEMM vs. SPDW - Performance Comparison
Key characteristics
QEMM:
0.74
SPDW:
0.82
QEMM:
1.10
SPDW:
1.19
QEMM:
1.14
SPDW:
1.15
QEMM:
0.75
SPDW:
1.10
QEMM:
2.14
SPDW:
2.60
QEMM:
4.43%
SPDW:
4.07%
QEMM:
12.77%
SPDW:
12.97%
QEMM:
-36.89%
SPDW:
-60.02%
QEMM:
-6.81%
SPDW:
-3.07%
Returns By Period
In the year-to-date period, QEMM achieves a 2.28% return, which is significantly lower than SPDW's 6.33% return. Over the past 10 years, QEMM has underperformed SPDW with an annualized return of 3.51%, while SPDW has yielded a comparatively higher 5.57% annualized return.
QEMM
2.28%
4.10%
1.76%
9.95%
3.65%
3.51%
SPDW
6.33%
7.24%
3.94%
12.25%
6.01%
5.57%
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QEMM vs. SPDW - Expense Ratio Comparison
QEMM has a 0.30% expense ratio, which is higher than SPDW's 0.04% expense ratio.
Risk-Adjusted Performance
QEMM vs. SPDW — Risk-Adjusted Performance Rank
QEMM
SPDW
QEMM vs. SPDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) and SPDR Portfolio World ex-US ETF (SPDW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
QEMM vs. SPDW - Dividend Comparison
QEMM's dividend yield for the trailing twelve months is around 5.05%, more than SPDW's 3.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF | 5.05% | 5.17% | 4.88% | 4.07% | 2.35% | 2.48% | 3.05% | 2.86% | 2.11% | 2.03% | 2.14% | 1.56% |
SPDW SPDR Portfolio World ex-US ETF | 3.00% | 3.19% | 2.75% | 3.12% | 3.04% | 1.87% | 3.13% | 3.08% | 1.86% | 3.11% | 2.79% | 3.51% |
Drawdowns
QEMM vs. SPDW - Drawdown Comparison
The maximum QEMM drawdown since its inception was -36.89%, smaller than the maximum SPDW drawdown of -60.02%. Use the drawdown chart below to compare losses from any high point for QEMM and SPDW. For additional features, visit the drawdowns tool.
Volatility
QEMM vs. SPDW - Volatility Comparison
The current volatility for SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is 3.40%, while SPDR Portfolio World ex-US ETF (SPDW) has a volatility of 3.59%. This indicates that QEMM experiences smaller price fluctuations and is considered to be less risky than SPDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.