# State Street SPDR MSCI EM Asia UCITS ETF Accum USD (EMAD) **Source:** https://fundology.uk/fund/emad · ISIN IE00B466KX20 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, EMAD (State Street SPDR MSCI EM Asia UCITS ETF Accum USD, ISIN IE00B466KX20) closed at $129.21 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the five years to 30/09/2026 its total return was +54.4%, or +20.7% after UK CPIH inflation. ## Summary State Street SPDR MSCI EM Asia UCITS ETF Accum USD is an exchange-traded fund (ETF) from SPDR, launched in 2011. It tracks the MSCI EM Asia — companies in emerging economies such as China, India, Taiwan and Brazil. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **$129.21** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | EMAD | | ISIN | IE00B466KX20 | | Category | Emerging markets | | Type | ETF | | Provider | SPDR | | Tracks | MSCI EM Asia | | Income | Accumulating | | Ongoing charge | 0.55% a year (£55 per £10,000) | | Fund size | £924m | | Launched | 2011 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +33.97% | +29.76% | income reinvested | | 3 years | +81.88% | +64.12% | income reinvested | | 5 years | +54.35% | +20.66% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of State Street SPDR MSCI EM Asia UCITS ETF Accum USD in pounds (price, with income reinvested in the fund): 2022 −12.3%, 2023 +0.8%, 2024 +12.9%, 2025 +20.9%; 2026 to 30/09/2026 +30.6%. Returns of State Street SPDR MSCI EM Asia UCITS ETF Accum USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +33.0%; to 30/09/2025: +15.7%; to 30/09/2024: +18.7%; to 30/09/2023: −0.1%; to 30/09/2022: −13.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -12.3% | -19.7% | Price | | 2023 | +0.8% | -3.2% | Price | | 2024 | +12.9% | +9.0% | Price | | 2025 | +20.9% | +16.7% | Price | | 2026 to 30/09/2026 | +30.6% | +27.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 21.10% | -13.05% | | 3 years | 17.31% | -13.95% | | 5 years | 17.41% | -25.74% | ## Largest fall Volatility of State Street SPDR MSCI EM Asia UCITS ETF Accum USD in pounds, annualised from weekly returns to 30/09/2026: 21.1% over 1 year, 17.3% over 3 years, 17.4% over 5 years. Largest fall in the price of State Street SPDR MSCI EM Asia UCITS ETF Accum USD since October 2021, in pounds: −25.7% from 12/11/2021 to 28/10/2022. The lowest 12-month return of State Street SPDR MSCI EM Asia UCITS ETF Accum USD in pounds (price, with income reinvested in the fund) since January 2021 was −21.9% (12 months to 28/10/2022); the highest was +62.0% (12 months to 19/06/2026). On 30/09/2026 the price of State Street SPDR MSCI EM Asia UCITS ETF Accum USD was 6.1% below its highest weekly close since October 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of State Street SPDR MSCI EM Asia UCITS ETF Accum USD 0.55% a year, as of 01/10/2026: 34 of the 140 other emerging-market share funds charge more, 5 the same and 101 less (share classes counted once). ## Funds tracking the same index 3 funds track MSCI EM Asia, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.55% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi MSCI Em Asia UCITS ETF Capitalisation USD | 0.20% | +35.0% | +84.1% | +59.0% | | iShares MSCI EM Asia UCITS ETF | 0.20% | +34.9% | +86.3% | +60.0% | | State Street SPDR MSCI EM Asia UCITS ETF Accum USD (this fund) | 0.55% | +34.0% | +81.9% | +54.4% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.55%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 30/09/2026): | Holding | Weight | |---|---| | TSMC | 18.78% | | Samsung Electronics | 9.08% | | SK hynix | 7.09% | | Tencent | 3.30% | | Alibaba Group | 2.22% | | MediaTek | 2.17% | | Delta Electronics | 1.15% | | Samsung Electronics | 1.13% | | China Construction Bank · Class H | 1.02% | | Hon Hai Precision Industry | 0.94% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector Added up from the holdings SPDR publishes, as of 30/09/2026. | Sector | Weight | |---|---| | Information Technology | 52.5% | | Financials | 14.6% | | Consumer Discretionary | 8.0% | | Industrials | 6.6% | | Communication Services | 5.8% | | Materials | 3.4% | | Health Care | 3.1% | | Energy | 2.2% | | Other sectors | 3.8% | ### By country Added up from the holdings SPDR publishes, as of 30/09/2026. | Country | Weight | |---|---| | Taiwan | 34.8% | | South Korea | 25.7% | | China | 23.6% | | India | 12.8% | | Thailand | 1.1% | | Malaysia | 1.1% | | Indonesia | 0.5% | | Philippines | 0.3% | | Other countries | 0.1% | All 777 holdings: https://fundology.uk/fund/emad/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.