State Street® SPDR® S&P Emerging Markets Dividend ETF

What this fund is

State Street® SPDR® S&P Emerging Markets Dividend ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker EDIV (ISIN US78463X5335). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It follows the S&P Emerging Markets Dividend Opportunities Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include SINO AMERICAN SILICON PRODUC, AMBEV SA and SINBON ELECTRONICS CO LTD.

Spread across roughly 139 holdings (the ten largest ≈ 23.4%), no one position makes or breaks the fund. Its heaviest sectors are ~14.9% Financials and ~11% Communication Services. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.49% a year — about €49 a year on a €10,000 holding, taken automatically from the fund.

It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD. Its price has swung about 12.7% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2011. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from SPDR.)