The State Street SPDR S&P Emerging Markets Dividend ETF remains rated Sell due to persistent underperformance versus the benchmark SPEM and dividend-focused peers. EDIV offers lower country and company concentration risks and trades at cheaper valuations, but its dividend strategy has led to value traps and deeper drawdowns. Despite a 4.29% yield and 46% distribution growth since 2015, EDIV lags SPEM in total return, Sharpe ratio, and dividend growth.
Designed to provide broad exposure to the Broad Emerging Market ETFs category of the market, the State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) is a smart beta exchange traded fund launched on 02/23/2011.
Launched on 02/23/2011, the State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) is a smart beta exchange traded fund offering broad exposure to the Broad Emerging Market ETFs category of the market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 67,008 | $2.66M | $2.73M | $67,009.07 | 2.52% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 354,516 | $14.52M | $14.24M | -$275,637.11 | -1.9% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 7,635 | $301,718.4 | $306,774.3 | $5,055.9 | 1.68% |
| NA Nizar Araji National Bank Of Canada /FI/ | 1,375 | $47,441.87 | $56,045 | $8,603.13 | 18.13% |
| BR Bill Reuther SILVER OAK SECURITIES Inc.ORPORATED | 25,974 | $994,703.46 | $1.05M | $56,204.58 | 5.65% |
| ARCA Exchange | US Country |
The fund is an investment entity that focuses on capitalizing on the opportunities presented by emerging market equities. By committing at least 80% of its total assets into securities that compose its benchmark index along with depositary receipts based on these securities, the fund primarily targets investments in 100 high-yielding emerging market common stocks. The index the fund tracks is meticulously designed to gauge the performance of these selected stocks, offering investors a strategic exposure to the emerging market sector known for its potential high returns and corresponding high risks.
The primary offering of the fund involves investments in a curated list of 100 high-yielding common stocks from emerging markets. This product is aimed at investors seeking to diversify their portfolio through exposure to emerging markets, which often come with higher growth potential compared to developed markets.
In addition to direct investments in securities, the fund also invests in depositary receipts based on the securities comprising the index. These financial instruments allow investors to hold shares in equity of foreign companies, providing a flexible and typically less cumbersome way of investing in international markets than purchasing the stocks directly on a foreign exchange.