State Street SPDR Portfolio Emerging Markets ETF (SPEM) Total Returns

Growth of $10,000 chart

2021-03-18 to 2026-03-18
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Final Value Total Return CAGR Dividends Yield on Cost
Nominal $12,064.03 20.64% 3.82% $1,390.29 13.90%
Real * $9,761.49 -2.39% -0.48% $1,213.23 12.13%
* Adjusted to Mar 2021 purchasing power (US CPI-U) Taxes: $278.06 · Transaction costs: $2.23 Reinvested dividends with 20% tax, 0.2% cost per reinvestment.

Rolling 1-Year Returns (252 Trading Days)

Metric Value
Average Rolling Return +4.74%
Median Rolling Return +8.88%
Best Rolling Return +34.77%
Worst Rolling Return -29.39%
% of Windows Positive 67.2%

Risk Metrics

Metric Value
Maximum Drawdown -32.54%
Drawdown Duration 842 Trading Days
Sortino Ratio 0.44
Calmar Ratio 0.16
CVaR (5%) -2.32%

Yearly Returns

Year Return Abs. Return Dividends Taxes Trans. Costs
2026 partial +0.41% (+1.94% ann.) +$40.59 $0.00 $0.00 $0.00
2025 +24.87% +$2487.33 $340.60 $68.12 $0.54
2024 +10.78% +$1077.98 $302.99 $60.60 $0.49
2023 +9.91% +$990.57 $302.98 $60.60 $0.49
2022 -18.45% $1844.70 $269.92 $53.98 $0.43
2021 +0.90% +$90.36 $310.71 $62.14 $0.49
2020 +14.07% +$1406.93 $216.71 $43.34 $0.35
2019 +18.97% +$1897.15 $343.70 $68.74 $0.55
2018 -13.63% $1363.33 $199.24 $39.85 $0.32
2017 +34.49% +$3448.69 $148.92 $29.78 $0.23
2016 +11.37% +$1136.76 $167.00 $33.39 $0.26
2015 -15.64% $1564.39 $199.47 $39.89 $0.32
2014 -1.09% $109.10 $220.65 $44.13 $0.36
2013 -2.21% $220.98 $184.32 $36.86 $0.30
2012 +17.46% +$1746.02 $231.05 $46.21 $0.37
2011 -19.53% $1952.64 $286.17 $57.23 $0.46
2010 +18.15% +$1815.21 $269.91 $53.98 $0.43
2009 +72.12% +$7211.88 $121.06 $24.22 $0.19
2008 -49.62% $4962.19 $180.60 $36.12 $0.29
2007 partial +35.64% (+48.20% ann.) +$3563.84 $243.86 $48.77 $0.39

Market Regime Returns

Regime Period Return Ann. Return Abs. Return Dividends Taxes Trans. Costs
China-WTO / housing-credit / commodity boom partial 2007-03-23 – 2007-10-09 +39.92% +84.67% +$3991.63 $0.00 $0.00 $0.00
GFC / deleveraging / dollar shortage 2007-10-10 – 2009-03-09 -59.10% -46.89% $5910.13 $349.80 $69.96 $0.56
Policy-led rebound / euro-sovereign-crisis overlay 2009-03-10 – 2012-07-25 +83.21% +19.65% +$8321.29 $1485.05 $297.01 $2.38
Secular stagnation / QE / low inflation / duration bull 2012-07-26 – 2020-02-19 +42.69% +4.81% +$4269.05 $1828.27 $365.64 $2.92
Pandemic shock / liquidity crash 2020-02-20 – 2020-03-23 -29.66% -98.20% $2965.59 $0.00 $0.00 $0.00
Policy bazooka / monetary euphoria 2020-03-24 – 2020-11-06 +45.49% +82.81% +$4549.12 $109.16 $21.83 $0.17
Reopening reflation / fiscal boom / supply bottlenecks 2020-11-09 – 2021-11-29 +5.93% +5.61% +$592.64 $217.95 $43.59 $0.35
Inflation shock / duration crash / aggressive tightening 2021-11-30 – 2022-11-09 -22.20% -23.39% $2219.74 $340.06 $68.01 $0.55
Disinflation rebound / AI-led narrow bull / higher-for-longer 2022-11-10 – 2024-09-17 +24.52% +12.56% +$2451.96 $658.83 $131.77 $1.06
Disinflationary easing / resilient growth / AI capex under oil-shock test partial 2024-09-18 – 2026-03-18 +26.87% +17.26% +$2687.06 $505.07 $101.02 $0.81

Dividend History

Date Per Share Yield % Total Yield Tax Trans. Cost Shares Bought
2021-06-21 $0.3550 0.79% $80.87 $16.17 $0.13 1.4357
2021-12-20 $0.9490 2.28% $217.53 $43.51 $0.35 4.3344
2022-06-21 $0.4590 1.32% $107.20 $21.44 $0.17 2.4560
2022-12-20 $0.6540 1.95% $154.36 $30.87 $0.25 3.7538
2023-06-20 $0.4460 1.25% $106.94 $21.39 $0.17 2.4676
2023-12-18 $0.5470 1.55% $132.50 $26.50 $0.21 3.0505
2024-06-24 $0.4510 1.18% $110.62 $22.12 $0.18 2.3397
2024-12-23 $0.6160 1.57% $152.54 $30.51 $0.25 3.1397
2025-06-23 $0.5270 1.27% $132.16 $26.43 $0.21 2.5573
2025-12-22 $0.7720 1.64% $195.57 $39.12 $0.31 3.3564
Total 10 payments $1390.29 $278.06 $2.23 28.8910
VFEA.L

Vanguard FTSE Emerging Markets UCITS ETF USD Accumulation

CAGR 7.57% Total 60.44% Final $16,044.00
2019-09-24 — 2026-03-18
DGRE

WisdomTree Emerging Markets Quality Dividend Growth Fund

CAGR 4.06% Total 65.24% Final $16,524.14
2013-08-01 — 2026-03-18
FEMR.L

Fidelity Emerging Markets Equity Research Enhanced UCITS ETF USD Acc

CAGR 4.59% Total 26.93% Final $12,693.39
2020-11-24 — 2026-03-18