EWX - State Street SPDR S&P Emerging Markets Small Cap ETF

The State Street SPDR S&P Emerging Markets Small Cap ETF (EWX) aims to replicate the total return performance of the S&P Emerging Under USD2 Billion Index before accounting for fees and expenses. This fund offers investors focused exposure to the small-cap segment of developing economies. Its underlying index draws from emerging market equities within the broader S&P Global Broad Market Index (S&P Global BMI), specifically targeting companies with market capitalizations between $100 million and $2 billion at the time of their inclusion.

As of Jun 30, 2026: spot at $74.14, ATM IV 34.5%, max pain $70.00, net GEX $96.1K.

Sector
Financial Services
Industry
Asset Management - Global
Market Cap
$732.6M
Beta
0.79
52-Week Range
61.73-76.61
Dividend Yield
$1.84
IPO Date
May 22, 2008
Exchange
AMEX

What EWX Looks Like to Options Traders Today

IV rank of 63.0% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($96.1K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.016) is roughly flat across the wings.

What This Page Covers

The EWX overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked EWX overview questions

What is EWX?
EWX is the ticker symbol for State Street SPDR S&P Emerging Markets Small Cap ETF, an listed exchange-traded fund. The State Street SPDR S&P Emerging Markets Small Cap ETF (EWX) aims to replicate the total return performance of the S&P Emerging Under USD2 Billion Index before accounting for fees and expenses. This fund offers investors focused exposure to the small-cap segment of developing economies. Listed on AMEX. EWX is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the EWX options snapshot look like today?
As of Jun 30, 2026, the EWX options snapshot shows spot at $74.14, ATM IV 34.5%, IV rank 63.0%, max pain $70.00, net GEX $96.1K, expected move 9.89%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are EWX's key statistics?
State Street SPDR S&P Emerging Markets Small Cap ETF (EWX) carries a market capitalization of $732.6M, 52-week range of 61.73-76.61. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does EWX belong to?
State Street SPDR S&P Emerging Markets Small Cap ETF operates in the Financial Services sector, in the Asset Management - Global industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare EWX's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the EWX data on this page?
The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.