State Street Global Advisors (SSgA), the asset management unit of State Street, has unveiled two new emerging market ETFs. The SPDR S&P Emerging Markets Dividend ETF will track the performance of the S&P Emerging Markets Dividend Opportunities Index.

The SPDR Barclays Capital Emerging Markets Local Bond ETF will be benchmarked against the Barclays Capital EM Local Currency Government Diversified Index. The funds will be traded on the NYSE Arca from Feb. 24, 2011.

Click here for the release from Business Wire.