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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, 86% of its population, and drive 77% of global GDP growth, yet represent only 10.9% of market cap—signaling potential for growth-focused investors.1,2,3

On the Ground Management

EMC’s portfolio managers have extensive track records in active Emerging Market strategies. They focus on companies with high quality business models that seek to benefit from growth in domestic spending.

Active Management with ETF Efficiency

EMC delivers access to experienced stock picking across what we deem as the highest quality growth areas within emerging markets.

1IMF Data Accessed on Jan 8, 2025
2International Monetary Fund World Economic Outlook, Jan 2025
3Bloomberg and Global X data as of Jan 8, 2025

Key Information As of 01/29/25

Inception Date 09/24/10
Total Expense Ratio 0.75%
Net Assets $99.24 million
NAV $26.47
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 01/28/25

Ticker EMC
Bloomberg IOPV Ticker EMCIV
CUSIP 37960A644
ISIN US37960A6441
Primary Exchange NYSE Arca
Shares Outstanding 3,749,074
Number of Holdings 75
30-Day Median Bid-Ask Spread 0.15%

Distributions As of 01/29/25

30-Day SEC Yield 0.66%
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 01/29/25

NAV $26.47 Daily Change $0.15 0.57%
Market Price $26.16 Daily Change $0.04 0.15%

Performance History

As of recent month & quarter-end (12/31/24)
As of recent month & quarter-end (12/31/24)
Fund NAV Market Price Benchmark
1 Year 4.08% 3.75% 7.50%
3 Years -8.56% -8.83% -1.92%
5 Years -3.00% -3.17% 1.70%
10 Years 1.86% 1.77% 3.64%
Since Inception 2.89% 2.82% 2.58%
1 Year 4.08% 3.75% 7.50%
3 Years -8.56% -8.83% -1.92%
5 Years -3.00% -3.17% 1.70%
10 Years 1.86% 1.77% 3.64%
Since Inception 2.89% 2.82% 2.58%
Year-to-Date 4.08% 3.75% 7.50%
1 Month 0.84% -0.23% -0.14%
3 Months -5.57% -5.58% -8.01%
Since Inception 50.15% 48.80% 43.96%
Year-to-Date 4.08% 3.75% 7.50%
1 Month 0.84% -0.23% -0.14%
3 Months -5.57% -5.58% -8.01%
Since Inception 50.15% 48.80% 43.96%

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 01/29/25

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.13 TSM TAIWAN SEMIC-ADR 2113382 202.33 49,662 10,048,112.46
4.25 700 HK TENCENT HOLDINGS LTD BMMV2K8 51.49 81,800 4,212,046.46
3.97 2454 TT MEDIATEK INC 6372480 44.76 88,000 3,939,134.69
3.05 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 71.29 42,503 3,030,038.87
2.99 000333 C2 MIDEA GROUP CO LTD-A BD5CPP1 10.17 291,200 2,962,647.31
2.91 161890 KS KOLMAR KOREA CO LTD B8K27N3 41.92 68,907 2,888,778.65
2.53 3690 HK MEITUAN-CLASS B BGJW376 19.02 132,200 2,514,540.20
2.47 2317 TT HON HAI 6438564 5.50 445,000 2,447,445.61
2.44 IBN ICICI BANK LTD-SPON ADR 2569286 28.65 84,326 2,415,939.90
2.21 APHS IN APOLLO HOSPITALS 6273583 78.39 27,922 2,188,674.78
2.09 CASH 1.00 2,072,789 2,072,789.42
2.04 3968 HK CHINA MERCHANTS BANK-H B1DYPZ5 5.47 370,500 2,028,085.09
2.02 000660 KS SK HYNIX INC 6450267 154.42 12,996 2,006,788.71
1.93 MAXHEALT IN MAX HEALTHCARE I BMB2291 11.84 161,834 1,916,563.88
1.93 2382 TT QUANTA COMPUTER INC 6141011 8.23 232,000 1,910,413.10
1.88 1810 HK XIAOMI CORP-CLASS B BG0ZMJ9 4.92 378,800 1,862,034.27
1.84 6690 HK HAIER SMART HOME CO LTD-H BLD4QD0 3.30 553,700 1,826,360.78
1.82 PEPL IN PRESTIGE ESTATES PROJECTS B4T3LF9 15.23 118,398 1,803,521.10
1.61 TVSL IN TVS MOTOR CO LTD 6726548 28.48 55,924 1,592,578.21
1.51 RJHI AB AL RAJHI BANK B12LZH9 26.77 55,893 1,496,162.64
1.40 YUMC YUM CHINA HOLDINGS INC BYW4289 45.49 30,563 1,390,310.87
1.29 352820 KS HYBE CO LTD BNGCJ25 154.77 8,267 1,279,444.17
1.26 PDD PDD HOLDINGS INC BYVW0F7 112.04 11,186 1,253,279.44
1.21 FPT VN FPT CORP B1HMWH6 6.12 196,300 1,200,750.46
1.19 ADNOCDRI UH ADNOC DRILLING CO PJSC BN12D39 1.46 808,431 1,184,159.54
1.16 MMYT MAKEMYTRIP LTD B552PC2 108.73 10,612 1,153,842.76
1.16 IH IN INDIAN HOTELS CO LTD B1FRT61 8.98 128,358 1,153,137.07
1.15 9999 HK NETEASE INC BM93SF4 20.66 55,300 1,142,693.96
1.15 BBCA IJ BANK CENTRAL ASIA TBK PT B01C1P6 0.58 1,966,400 1,136,858.25
1.12 ITUB ITAU UNIBANC-ADR 2849739 5.66 196,925 1,114,595.50
1.09 9988 HK ALIBABA GROUP HOLDING LTD BK6YZP5 11.33 95,000 1,076,621.96
1.06 TRENT IN TRENT LTD BDDRN32 64.67 16,261 1,051,583.74
1.04 BMRI IJ BANK MANDIRI 6651048 0.38 2,733,800 1,035,370.23
1.04 SALIK UH SALIK CO PJSC BJN5952 1.32 782,066 1,032,690.37
1.02 1211 HK BYD CO LTD-H 6536651 35.04 29,000 1,016,107.30
1.02 AMRT IJ SUMBER ALFARIA T BCDBLJ9 0.17 5,992,300 1,015,235.86
1.02 SAHOL TI HACI OMER SABANCI HOLDING B03N0C7 2.86 354,458 1,014,244.08
1.00 GPL IN GODREJ PROPERTIES LTD BGQL729 25.85 38,177 986,970.59
0.99 TTAN IN TITAN CO LTD 6139340 38.95 25,228 982,514.64
0.99 WEGE3 BZ WEG SA 2945422 9.27 105,700 980,277.90
0.96 ZOMATO IN ZOMATO LTD BL6P210 2.57 372,202 956,837.93
0.92 BDMS-R TB BANGKOK DUS-NVDR B013SV4 0.71 1,294,400 916,219.75
0.92 BUDGET AB UNITED INTERNATI B2493D0 22.66 40,185 910,690.00
0.89 NU NU HOLDINGS LT-A BN6NP19 12.55 70,665 886,845.75
0.82 HAVL IN HAVELLS INDIA LTD BQGZWP9 17.66 46,142 814,716.06
0.80 SNB AB THE SAUDI NATIONAL BANK BSHYYN1 9.08 87,547 794,778.40
0.80 WALMEX* MM WALMART DE MEXIC BW1YVH8 2.66 297,700 791,965.52
0.78 ANTO LN ANTOFAGASTA PLC 0045614 21.05 36,963 777,933.76
0.78 FSR SJ FIRSTRAND LTD 6606996 4.10 188,595 773,662.26
0.73 EDU NEW ORIENTAL-ADR BMCMBJ3 47.30 15,266 722,081.80
0.69 VIVA3 BZ VIVARA PARTICIPACOES SA BKTPCJ8 3.53 194,200 685,606.41
0.67 CLS SJ CLICKS GROUP LTD 6105578 19.33 34,121 659,629.76
0.65 605499 C1 EASTROC BEVERA-A BP91NL0 33.48 19,163 641,651.88
0.64 CPI SJ CAPITEC BANK HOLDINGS LTD 6440859 159.11 3,969 631,523.83
0.62 RADL3 BZ RAIA DROGASIL SA B7FQV64 3.65 168,816 616,988.11
0.57 EIM IN EICHER MOTORS LTD BMW4CV8 59.88 9,398 562,779.07
0.56 RENT3 BZ LOCALIZA RENT A CAR B08K3S0 5.14 108,900 559,993.53
0.56 TME TENCENT MUSI-ADR BFZYWR2 11.64 47,444 552,248.16
0.55 GRUMAB MM GRUMA S.A.B.-B 2392545 17.47 31,040 542,345.35
0.54 ALDAR UH ALDAR PROPERTIES PJSC B0LX3Y2 2.09 256,881 537,128.49
0.53 2020 HK ANTA SPORTS PRODUCTS LTD B1YVKN8 10.59 49,700 526,565.49
0.53 ALPHA GA ALPHA SERVICES A BZ1MXR7 1.89 276,577 521,631.33
0.52 NAHDI AB NAHDI MEDICAL CO BMZPZG4 31.46 16,327 513,660.38
0.50 BHARTI IN BHARTI AIRTEL LTD 6442327 18.49 26,977 498,844.78
0.50 GFI GOLD FIELDS LTD-SPONS ADR 2416326 16.59 30,028 498,164.52
0.50 MELI MERCADOLIBRE INC B23X1H3 1,889.76 263 497,006.88
0.50 DNP PW DINO POLSKA SA BD0YVN2 113.16 4,337 490,786.82
0.49 MM IN MAHINDRA & MAHINDRA LTD 6100186 33.79 14,267 482,049.54
0.49 COMI EY COMMERCIAL INTER 6243898 1.52 317,300 480,878.20
0.47 TTMT IN TATA MOTORS LTD B611LV1 8.69 53,804 467,789.79
0.47 MYTIL GA METLEN ENERGY & METALS SA 5898664 36.05 12,957 467,142.72
0.47 GFNORTEO MM GRUPO F BANORT-O 2421041 7.09 65,743 466,375.54
0.46 603605 C1 PROYA COSMETICS CO LTD-A BKM3FN4 11.51 39,200 451,288.27
0.44 ARCO ARCOS DORADOS-A B529PQ0 7.82 55,652 435,198.64
0.37 RAPT4 BZ RANDON SA IMPLEMENTOS E P B010V49 1.52 244,600 370,921.79
0.30 PNJ VN PHU NHUAN JEWELRY JSC B64FX58 3.89 75,800 295,002.79
0.05 TAIWAN DOLLAR 0.03 1,672,430 51,100.89
0.04 BRAZILIAN REAL 0.17 208,020 35,443.86
0.02 OTHER PAYABLE & RECEIVABLES 1.00 15,685 15,684.93
0.00 VIETNAMESE DONG 0.00 17,963,448 716.30
0.00 EURO 1.04 2 1.60
0.00 TURKISH LIRA 0.03 -66,004 -1,844.38
-0.03 SOUTH AFRICAN RAND 0.05 -558,822 -30,033.05
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 12/31/24

Sector Weight (%)
Consumer Discretionary 29.3
Information Technology 27.9
Financials 14.9
Consumer Staples 8.7
Health Care 6.0
Real Estate 4.2
Industrials 4.0
Communication Services 2.6
Energy 1.2
Materials 1.2

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Semiconductors & Semiconductor Equipment 14.5
Banks 13.9
Consumer Services 8.5
Consumer Durables & Apparel 8.3
Consumer Discretionary Distribution & Retail 7.3
Software & Services 7.0
Technology Hardware & Equipment 6.5
Health Care Equipment & Services 6.0
Equity Real Estate Investment Trusts (REITs) 3.7
Household & Personal Products 3.1
Transportation 2.7
Other 18.5

Source: new windowAltaVista Research, LLC

Country Weight (%)
China 30.3
India 19.7
Taiwan 18.3
South Korea 5.5
Brazil 4.1
Indonesia 3.9
Saudi Arabia 3.8
South Africa 2.7
Mexico 1.8
Uae 1.8
Vietnam 1.6
Other 6.5

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 01/28/25

Return on Equity 16.70%
Weighted Avg. Market Cap 154,370 M
2023 2024
Price-to-earnings 21.25 17.87
Price-to-book value 3.16 2.81

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 12/31/24

Versus Beta
S&P 500 0.78
NASDAQ-100 0.74
MSCI EAFE 0.68
MSCI Emg. Mkts 0.93
Standard Deviation 13.60%

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.