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EMC

Emerging Markets Great Consumer ETFActive

 

Reasons to Consider EMC

High Growth Potential

EM countries hold over 75% of the world's land, 85% of its population, and drive 80% of global GDP growth, yet represent only 11.7% of market cap—signaling potential for growth-focused investors.1,2,3,4

On the Ground Management

EMC’s portfolio managers have extensive track records in actively managed emerging market strategies. They focus on identifying companies with high-quality management teams and business models that appear poised to benefit from secular growth in domestic spending.

ETF Efficiency

In a single trade, EMC delivers access to dozens of emerging market stocks across a range of sectors, along with the outperformance potential of active management.

1Worldometer, Accessed Jan 2024
2IMF, Accessed Jan 2024
3IMF, Jan 2023
4IMF, Jan 2023

Key Information As of 11/20/24

Inception Date 09/24/10
Total Expense Ratio 0.75%
Net Assets $114.57 million
NAV $26.61
Standard Fact Sheet (Monthly) View the document
Expanded Fact Sheet (Quarterly) View the document

ETF Summary

The Global X Emerging Markets Great Consumer ETF (EMC) is an actively managed fund sub-advised in part by Mirae Asset Global Investments (Hong Kong) Limited. EMC seeks to invest in companies that are economically tied to long-term trends in emerging markets created by the newfound purchasing power of a rising middle class. The fund is not confined to the consumer staples and discretionary sectors, investing across a range of industries that may benefit from rising consumption.

ETF Objective

The Global X Emerging Markets Great Consumer ETF (EMC) seeks to achieve long-term capital growth.

Trading Details As of 11/20/24

Ticker EMC
Bloomberg IOPV Ticker EMCIV
CUSIP 37960A644
ISIN US37960A6441
Primary Exchange NYSE Arca
Shares Outstanding 4,304,586
Number of Holdings 74
30-Day Median Bid-Ask Spread 0.15%

Distributions As of 11/20/24

30-Day SEC Yield 0.07%
Distribution Frequency Semi-Annually

Notice: Effective as of the close of business on May 12, 2023, the Fund acquired the assets and liabilities, and assumed the performance, financial and other historical information, of the Emerging Markets Great Consumer Fund, a series of the Mirae Asset Discovery Funds.

ETF Prices As of 11/20/24

NAV $26.61 Daily Change $0.03 0.11%
Market Price $26.47 Daily Change -$0.03 -0.11%

Performance History

As of recent
(09/30/24)
As of recent
(09/30/24)
Fund NAV Market Price Benchmark
1 Year 18.42% 18.61% 26.05%
3 Years -8.33% -8.60% 0.40%
5 Years -0.24% -0.42% 5.75%
10 Years 1.84% 1.75% 4.02%
Since Inception 3.36% 3.30% 3.24%
1 Year 18.43% 18.28% 25.32%
3 Years -9.82% -9.97% -1.43%
5 Years -1.65% -1.74% 3.93%
10 Years 1.34% 1.30% 3.43%
Since Inception 3.12% 3.08% 2.89%
Year-to-Date 10.21% 9.88% 16.86%
1 Month 4.35% 3.97% 6.68%
3 Months 3.05% 2.74% 8.72%
Since Inception 59.00% 57.60% 56.49%
Year-to-Date 6.87% 6.99% 11.66%
1 Month -3.03% -2.63% -4.45%
3 Months 1.53% 1.05% 3.58%
Since Inception 54.18% 53.46% 49.53%

Effective May 12, 2023, the fund acquired the performance, financial, accounting and other historical information of the Mirae Asset Emerging Markets Great Consumer Fund. Performance shown prior to May 15, 2023 reflects the return of the Mirae Asset Emerging Markets Great Consumer Fund's I shares with a NAV conversion ratio of 0.47 applied in connection with the acquisition. Market price returns prior to that date reflects the predecessor fund’s NAV return.

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 11/20/24

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.87 TSM TAIWAN SEMIC-ADR 2113382 188.36 60,022 11,305,743.92
4.83 700 HK TENCENT HOLDINGS LTD BMMV2K8 52.78 104,900 5,536,445.04
2.95 000333 C2 MIDEA GROUP CO LTD-A BD5CPP1 9.85 342,600 3,374,599.13
2.77 2317 TT HON HAI 6438564 6.34 500,000 3,170,791.77
2.76 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 64.79 48,718 3,156,439.22
2.51 IBN ICICI BANK LTD-SPON ADR 2569286 29.73 96,701 2,874,920.73
2.50 2454 TT MEDIATEK INC 6372480 39.25 73,000 2,865,256.74
2.48 161890 KS KOLMAR KOREA CO LTD B8K27N3 38.60 73,477 2,836,501.13
2.30 MAXHEALT IN MAX HEALTHCARE I BMB2291 11.82 222,553 2,630,576.26
2.28 2382 TT QUANTA COMPUTER INC 6141011 9.10 287,000 2,610,777.61
2.22 PEPL IN PRESTIGE ESTATES PROJECTS B4T3LF9 18.75 135,778 2,546,071.23
2.22 APHS IN APOLLO HOSPITALS 6273583 79.21 32,047 2,538,552.52
1.94 6690 HK HAIER SMART HOME CO LTD-H BLD4QD0 3.49 636,200 2,219,159.76
1.87 BMRI IJ BANK MANDIRI 6651048 0.39 5,450,900 2,138,786.79
1.83 9988 HK ALIBABA GROUP HOLDING LTD BK6YZP5 10.89 192,200 2,092,753.90
1.80 3690 HK MEITUAN-CLASS B BGJW376 22.46 91,600 2,057,131.11
1.75 3968 HK CHINA MERCHANTS BANK-H B1DYPZ5 4.70 425,500 2,000,809.40
1.71 TVSL IN TVS MOTOR CO LTD 6726548 28.78 68,205 1,962,738.17
1.52 HDB HDFC BANK LTD-ADR 2781648 63.32 27,567 1,745,542.44
1.48 BBCA IJ BANK CENTRAL ASIA TBK PT B01C1P6 0.63 2,677,200 1,691,706.90
1.47 TTAN IN TITAN CO LTD 6139340 38.20 44,013 1,681,296.21
1.44 000660 KS SK HYNIX INC 6450267 122.64 13,421 1,645,967.15
1.43 GPL IN GODREJ PROPERTIES LTD BGQL729 31.90 51,458 1,641,431.95
1.39 RJHI AB AL RAJHI BANK B12LZH9 24.77 64,088 1,587,562.00
1.32 AMRT IJ SUMBER ALFARIA T BCDBLJ9 0.18 8,240,600 1,511,512.51
1.31 PDD PDD HOLDINGS INC BYVW0F7 116.49 12,836 1,495,265.64
1.24 TRENT IN TRENT LTD BDDRN32 76.10 18,626 1,417,388.60
1.20 ZOMATO IN ZOMATO LTD BL6P210 3.21 426,817 1,372,023.29
1.18 ITUB ITAU UNIBANC-ADR 2849739 5.96 225,800 1,345,768.00
1.17 ADNOCDRI UH ADNOC DRILLING CO PJSC BN12D39 1.45 927,011 1,342,689.50
1.15 IH IN INDIAN HOTELS CO LTD B1FRT61 8.93 147,168 1,314,494.21
1.14 DMART IN AVENUE SUPERMARTS LTD BYW1G33 44.45 29,412 1,307,414.86
1.14 SALIK UH SALIK CO PJSC BJN5952 1.45 896,796 1,303,809.05
1.14 MMYT MAKEMYTRIP LTD B552PC2 107.27 12,152 1,303,545.04
1.11 ALPHA GA ALPHA SERVICES A BZ1MXR7 1.64 777,055 1,271,207.14
1.10 5274 TT ASPEED TECHNOLOGY INC B80VKP3 126.52 10,000 1,265,238.27
1.02 FPT VN FPT CORP B1HMWH6 5.21 223,800 1,165,432.45
1.00 9999 HK NETEASE INC BM93SF4 17.33 66,300 1,149,080.75
0.99 BDMS-R TB BANGKOK DUS-NVDR B013SV4 0.76 1,486,900 1,134,793.00
0.96 TME TENCENT MUSI-ADR BFZYWR2 11.44 95,809 1,096,054.96
0.94 NU NU HOLDINGS LT-A BN6NP19 13.32 81,005 1,078,986.60
0.89 HAVL IN HAVELLS INDIA LTD BQGZWP9 19.34 52,907 1,023,277.61
0.87 EDU NEW ORIENTAL-ADR BMCMBJ3 56.72 17,521 993,791.12
0.86 INDONESIA RUPIAH 0.00 15,542,674,266 979,683.22
0.84 352820 KS HYBE CO LTD BNGCJ25 156.36 6,170 964,720.89
0.83 SAHOL TI HACI OMER SABANCI HOLDING B03N0C7 2.35 406,433 954,526.17
0.83 RENT3 BZ LOCALIZA RENT A CAR B08K3S0 7.60 125,400 953,518.82
0.81 FSR SJ FIRSTRAND LTD 6606996 4.27 216,260 923,495.84
0.80 VIVA3 BZ VIVARA PARTICIPACOES SA BKTPCJ8 4.15 221,700 919,509.02
0.80 BUDGET AB UNITED INTERNATI B2493D0 19.90 46,070 916,663.29
0.79 WALMEX* MM WALMART DE MEXIC BW1YVH8 2.63 341,700 900,014.52
0.78 ANTO LN ANTOFAGASTA PLC 0045614 21.19 42,408 898,747.41
0.78 SNB AB THE SAUDI NATIONAL BANK BSHYYN1 8.87 100,417 890,681.65
0.75 DNP PW DINO POLSKA SA BD0YVN2 95.26 8,992 856,567.91
0.74 RADL3 BZ RAIA DROGASIL SA B7FQV64 4.47 190,816 852,243.84
0.74 CPI SJ CAPITEC BANK HOLDINGS LTD 6440859 184.35 4,574 843,196.46
0.73 WEGE3 BZ WEG SA 2945422 9.38 89,400 838,381.52
0.72 CLS SJ CLICKS GROUP LTD 6105578 21.12 39,126 826,178.45
0.72 MM IN MAHINDRA & MAHINDRA LTD 6100186 34.93 23,574 823,520.91
0.63 TTMT IN TATA MOTORS LTD B611LV1 9.28 77,569 719,672.35
0.55 EIM IN EICHER MOTORS LTD BMW4CV8 58.82 10,773 633,678.86
0.55 ALDAR UH ALDAR PROPERTIES PJSC B0LX3Y2 2.13 294,556 627,926.35
0.54 MELI MERCADOLIBRE INC B23X1H3 1,931.26 318 614,140.68
0.53 YUMC YUM CHINA HOLDINGS INC BYW4289 47.38 12,718 602,578.84
0.52 NAHDI AB NAHDI MEDICAL CO BMZPZG4 31.91 18,692 596,463.15
0.52 GRUMAB MM GRUMA S.A.B.-B 2392545 16.76 35,440 593,902.52
0.51 KOREAN WON 0.00 815,368,712 586,153.42
0.50 605499 C1 EASTROC BEVERA-A BP91NL0 30.13 19,163 577,389.82
0.50 2020 HK ANTA SPORTS PRODUCTS LTD B1YVKN8 10.41 55,200 574,445.94
0.50 603605 C1 PROYA COSMETICS CO LTD-A BKM3FN4 12.78 44,700 571,463.22
0.47 ARCO ARCOS DORADOS-A B529PQ0 8.52 63,792 543,507.84
0.47 GFNORTEO MM GRUPO F BANORT-O 2421041 7.02 76,743 538,548.70
0.45 GFI GOLD FIELDS LTD-SPONS ADR 2416326 14.94 34,428 514,354.32
0.45 RAPT4 BZ RANDON SA IMPLEMENTOS E P B010V49 1.85 277,600 514,118.61
0.43 MYTIL GA METLEN ENERGY & METALS SA 5898664 32.91 14,882 489,736.21
0.37 TAIWAN DOLLAR 0.03 13,917,090 428,429.06
0.28 PNJ VN PHU NHUAN JEWELRY JSC B64FX58 3.65 86,800 316,815.73
0.19 OTHER PAYABLE & RECEIVABLES 1.00 219,487 219,487.07
0.03 BRAZILIAN REAL 0.17 205,909 35,673.13
0.00 VIETNAMESE DONG 0.00 17,963,448 706.53
0.00 EURO 1.05 2 1.62
0.00 TURKISH LIRA 0.03 -66,004 -1,914.94
-0.03 SOUTH AFRICAN RAND 0.06 -558,822 -30,843.21
-0.13 INDIA RUPEE 0.01 -12,746,764 -150,998.94
-1.48 CASH 1.00 -1,696,209 -1,696,209.31
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 10/31/24

Sector Weight (%)
Information Technology 29.1
Consumer Discretionary 25.8
Financials 17.2
Consumer Staples 9.8
Health Care 5.7
Real Estate 4.3
Industrials 4.1
Communication Services 1.6
Materials 1.3
Energy 1.1

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Banks 16.3
Semiconductors & Semiconductor Equipment 15.5
Software & Services 7.3
Consumer Services 6.8
Consumer Durables & Apparel 6.6
Consumer Discretionary Distribution & Retail 6.1
Health Care Equipment & Services 5.7
Technology Hardware & Equipment 5.3
Automobiles & Components 4.5
Equity Real Estate Investment Trusts (REITs) 3.8
Household & Personal Products 3.3
Other 18.8

Source: new windowAltaVista Research, LLC

Country Weight (%)
India 23.2
China 21.6
Taiwan 20.0
South Korea 6.5
Indonesia 6.0
Brazil 4.7
Saudi Arabia 3.6
South Africa 2.8
Mexico 1.9
Uae 1.6
Greece 1.5
Other 6.6

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 11/20/24

Return on Equity 17.60%
Weighted Avg. Market Cap 150,088 M
2023 2024
Price-to-earnings 22.23 17.91
Price-to-book value 3.36 2.97

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 10/31/24

Versus Beta
S&P 500 0.93
NASDAQ-100 0.81
MSCI EAFE 0.70
MSCI Emg. Mkts 0.97
Standard Deviation 14.10%

Source: new windowAltaVista Research, LLC

ETF Research

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ETF Documents

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. A small number of companies and industries may represent a large portion of the market in a particular country or region, and these companies and industries can be sensitive to adverse social, political, economic or regulatory developments in that country or region.

EMC is actively managed, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.