EWX ETF

The SPDR S&P Emerging Markets Small Cap ETF (EWX) provides diversified exposure to small-cap companies in developing economies. EWX has historically outperformed broad EM benchmarks and has gained 11% in 2023. The fund's sector and country allocations have contributed to its strong performance, with a focus on technology and underweighting in financials and Chinese stocks.

SPDR® S&P Emerging Markets Small Cap ETF invests in a large pool of small-cap stocks in emerging market companies that possess strong upside potential, but also possess significantly high risk. 60% of EWX assets are invested in emerging markets of Taiwan, Hong Kong, India, and China, which are growing at a faster rate and are of investment grade. As per IMF reports, these emerging markets are poised for high growth in the coming years. Central banks of these EMs are also effectively controlling the money supply.

The SPDR S&P Emerging Markets Small Cap ETF offers investors exposure to small-cap stocks in emerging markets, with significant upside potential and risk. Launched in 2008, EWX has $803.07 million in assets under management as of July 2023 and offers a diversified portfolio with 2980 different equities. Factors supporting investment in EWX include China's economic growth, geopolitical events leading to de-dollarization, and a falling dollar increasing interest in non-dollar assets. However, risks include geopolitical tensions and regulatory challenges.