State Street SPDR MSCI Emerging Markets StrategicFactors ETF
State Street SPDR MSCI Emerging Markets StrategicFactors ETF (AMEX: QEMM) is an exchange-traded fund listed on NYSE Arca, trading at $75.85 (about ₹7,152 a unit) as of 13 Nov 2026, 3:11 PM ET. It has an expense ratio of 0.3% and holds 788 securities. Indian residents can buy QEMM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$75.36
Today's high
$75.85
52 week low
$63.92
52 week high
$83.21
QEMM opened at $75.36, closed previously at $75.69, and has traded between $63.92 and $83.21 over the past 52 weeks.
About
The State Street SPDR MSCI Emerging Markets StrategicFactors ETF aims to mirror the total returns of its benchmark, the MSCI Emerging Markets Factor Mix A-Series Index, before accounting for any associated fees and costs. This fund employs a Smart Beta methodology, tracking an index that cohesively blends specific investment factors: low volatility, quality, and value. The resulting portfolio construction aims to deliver a strategy with potentially reduced volatility, while maintaining an equal emphasis on robust, high-quality firms and those considered undervalued. These multi-factor Smart Beta approaches bridge the gap between traditional active and passive investment management, empowering investors to re-evaluate their market exposures and strive for more efficient, risk-adjusted growth.
Key statistics
Expense ratio
0.3%
Assets (AUM)
$54.8M
Holdings
788
NAV
$75.61
Avg. volume
3.83K
1-year price change
+11.07%
5-year price change
+9.51%
Price change excludes dividends.
Top 10 holdings
QEMM holds 788 securities in total. These 10 are 23.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy QEMM from India
Indian residents can buy QEMM units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in QEMM from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search QEMM and buy
Find the fund by its ticker, QEMM, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your QEMM position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying QEMM from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the QEMM price today?
State Street SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) last traded at $75.85 on NYSE Arca, as of 13 Nov 2026, 3:11 PM ET. That is ₹7,152 a unit at the 13 Nov 2026 USD/INR rate.
When does QEMM trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is QEMM, and what does it cost to hold?
State Street SPDR MSCI Emerging Markets StrategicFactors ETF manages about $54.8M. Its expense ratio is 0.3% a year, deducted inside the fund. It launched in 2014.
What are QEMM's largest holdings?
The top three are TAIWAN SEMICONDUCTOR MANUFAC (6.7%), RUSSIAN RUBLE (5.2%) and MEDIATEK INC (3.0%). QEMM's 10 largest positions make up 23.9% of the fund.
Does QEMM pay dividends?
Yes. QEMM is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on QEMM taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of QEMM?
Yes. You can buy QEMM by amount rather than by whole unit, and there is no minimum trade size.
How has QEMM performed?
QEMM's price is up 11.1% over the past year and up 9.5% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.