XCNY:NASDAQState Street SPDR S&P Emerging Markets ex-China ETF Analysis
Data as of 2026-08-01 - not real-time
$32.25
Latest Price
7/10Risk
Risk Level: Medium
Executive Summary
The ETF is trading at $32.25, just below its 20‑day SMA of $32.54, indicating a modest short‑term pullback. Its 50‑day SMA sits at $32.93, providing a near‑term resistance cushion above current levels. The 14‑day RSI of 48% suggests the fund is neither overbought nor oversold, reinforcing a neutral market bias. MACD remains bearish, with the line under the signal, hinting at limited upside momentum. Support at $31.02 and resistance at $33.82 frame the price range, and the current price sits comfortably within that band. Recent volume has been decreasing, and the average daily volume is under 500 shares, flagging potential liquidity constraints.
A 30‑day volatility of roughly 25% and a beta of 1.18 point to higher price swings than the broader market. The fund delivered an impressive 18.96% YTD return, driven by strong emerging‑market performance outside China. With a modest expense ratio of 0.19% and a dividend yield of 2.26%, the ETF offers cost‑effective income potential. The Fear & Greed Index sits at 92.9, labeled “Extreme Greed,” which may signal over‑optimism in the market. Given these dynamics, investors should monitor the support level and volume trends before adding new capital. Overall, the ETF presents a balanced blend of growth and yield, but liquidity and volatility warrant caution.
A 30‑day volatility of roughly 25% and a beta of 1.18 point to higher price swings than the broader market. The fund delivered an impressive 18.96% YTD return, driven by strong emerging‑market performance outside China. With a modest expense ratio of 0.19% and a dividend yield of 2.26%, the ETF offers cost‑effective income potential. The Fear & Greed Index sits at 92.9, labeled “Extreme Greed,” which may signal over‑optimism in the market. Given these dynamics, investors should monitor the support level and volume trends before adding new capital. Overall, the ETF presents a balanced blend of growth and yield, but liquidity and volatility warrant caution.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 6/10
Key Factors
- Price below 20‑day SMA indicating slight downside
- Bearish MACD and decreasing volume
- Support level near $31.02 provides downside buffer
Medium Term
1–3 yearsPositive
Model confidence: 7/10
Key Factors
- Strong 18.96% YTD performance
- Attractive 2.26% dividend yield
- Low expense ratio of 0.19% enhancing net returns
Long Term
> 3 yearsPositive
Model confidence: 6/10
Key Factors
- Diversified exposure to emerging markets ex‑China
- Potential for higher long‑run growth despite volatility
- Yield component adds total return stability
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.19%
AUM$9.9M
Inception Date2024-09-04
Avg Daily Volume430
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield2.26%
Technical Analysis
TrendNeutral
RSI47.8
Support$31.02
Resistance$33.82
MA 20$32.54
MA 50$32.93
MA 200$30.28
MACDBearish
VolumeDecreasing
Fear & Greed Index92.88
Risk Assessment
Beta1.18
Volatility24.81%
Currency RiskMedium
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.