| NAV | $25.21 | Daily Change | -$0.40 | -1.56% |
| Market Price | $24.98 | Daily Change | -$0.68 | -2.65% |
Dynamic growth potential across structural, cyclical, and turnaround opportunities in Emerging Markets outside of China.
The strategy creates capacity to focus on smaller, sometimes overlooked markets, such as Greece, Mexico, and countries in Southeast Asia.
EMM delivers access to experienced stock picking across what we deem as the highest quality growth areas within emerging markets outside of China.
| Inception Date | 09/24/10 |
| Total Expense Ratio | 0.76% |
| Net Assets | $16.66 million |
| NAV | $25.21 |
| Standard Fact Sheet (Monthly) | View the document |
| Expanded Fact Sheet (Quarterly) | View the document |
The Global X Emerging Markets ex-China ETF (EMM) is an actively managed fund sub-advised in part by Mirae Asset Global Investments (Hong Kong) Limited. EMM seeks to invest in emerging market companies , excluding China, that we believe can achieve, or maintain, a dominant position within their respective market. As part of its investment strategy, EMM aims to identify early winners in growing industries, where entrepreneurship can produce long-term global competitiveness.
The Global X Emerging Markets ex-China ETF (EMM) seeks to achieve long-term capital growth.
| Ticker | EMM |
| Bloomberg IOPV Ticker | EMMIV |
| CUSIP | 37960A636 |
| ISIN | US37960A6367 |
| Primary Exchange | NYSE Arca |
| Shares Outstanding | 660,587 |
| Number of Holdings | 45 |
| 30-Day Median Bid-Ask Spread | 0.42% |
| 30-Day SEC Yield | -0.27% |
| 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 Mirae Asset Discovery Emerging Markets Fund, a series of the Mirae Asset Discovery Funds.
| NAV | $25.21 | Daily Change | -$0.40 | -1.56% |
| Market Price | $24.98 | Daily Change | -$0.68 | -2.65% |
Effective May 12, 2023, the fund acquired the performance, financial, accounting and other historical information of the Mirae Asset Emerging Markets Fund. Performance shown prior to May 15, 2023 reflects the return of the Mirae Asset Emerging Markets Fund's I shares with a NAV conversion ratio of 0.40 applied in connection with the acquisition. Market price returns prior to that date reflects the predecessor fund’s NAV return.
From September 24, 2010 through March 29, 2024, the fund benchmark was the MSCI Emerging Markets Index. Effective April 1, 2024, and thereafter, the fund benchmark is the MSCI Emerging Markets ex China Index Net Total Return (NETR) Index. Performance information on this table includes both benchmarks denoted as "Previous" and "Current". Historical performance of the current benchmark on this table begins from March 09, 2017, onward.
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 29.42 | NDIA | GLOBAL X INDIA ACTIVE ETF | BQC4S96 | 27.89 | 175,250 | 4,886,933.88 |
| 22.47 | INDIA RUPEE | 0.01 | 318,933,354 | 3,732,451.95 | ||
| 12.41 | TSM | TAIWAN SEMIC-ADR | 2113382 | 157.38 | 13,094 | 2,060,733.72 |
| 7.10 | BRAZ | GLOBAL X BRAZIL | BQC4SB8 | 21.88 | 53,900 | 1,179,062.50 |
| 4.04 | 2454 TT | MEDIATEK INC | 6372480 | 43.28 | 15,500 | 670,813.54 |
| 2.13 | SMSN LI | SAMSUNG ELECTR-GDR REG S | 4942818 | 959.00 | 369 | 353,871.00 |
| 2.03 | 055550 KS | SHINHAN FINANCIA | 6397502 | 32.41 | 10,407 | 337,311.51 |
| 1.98 | RJHI AB | AL RAJHI BANK | B12LZH9 | 26.82 | 12,252 | 328,540.14 |
| 1.89 | SNB AB | THE SAUDI NATIONAL BANK | BSHYYN1 | 9.38 | 33,385 | 313,240.22 |
| 1.82 | ADNOCDRI UH | ADNOC DRILLING CO PJSC | BN12D39 | 1.38 | 218,792 | 302,008.02 |
| 1.70 | 267260 KS | HD HYUNDAI ELECTRIC CO | BD4HFR9 | 199.38 | 1,416 | 282,321.67 |
| 1.54 | SALIK UH | SALIK CO PJSC | BJN5952 | 1.39 | 184,181 | 256,238.74 |
| 1.52 | BMRI IJ | BANK MANDIRI | 6651048 | 0.31 | 802,300 | 251,929.95 |
| 1.44 | 1519 TT | FORTUNE ELECTRIC CO LTD | 6347604 | 13.29 | 18,000 | 239,131.42 |
| 1.42 | 000660 KS | SK HYNIX INC | 6450267 | 132.65 | 1,783 | 236,509.87 |
| 1.26 | WALMEX* MM | WALMART DE MEXIC | BW1YVH8 | 2.99 | 70,000 | 208,950.50 |
| 1.16 | BUDGET AB | UNITED INTERNATI | B2493D0 | 21.46 | 8,947 | 191,980.36 |
| 1.15 | 161890 KS | KOLMAR KOREA CO LTD | B8K27N3 | 46.08 | 4,131 | 190,351.79 |
| 1.13 | FPT VN | FPT CORP | B1HMWH6 | 4.40 | 42,500 | 187,003.30 |
| 1.12 | ALPHA GA | ALPHA SERVICES A | BZ1MXR7 | 2.43 | 76,625 | 186,408.16 |
| 1.12 | 352820 KS | HYBE CO LTD | BNGCJ25 | 161.55 | 1,148 | 185,457.89 |
| 1.10 | 5274 TT | ASPEED TECHNOLOGY INC | B80VKP3 | 91.68 | 2,000 | 183,367.26 |
| 1.08 | CPI SJ | CAPITEC BANK HOLDINGS LTD | 6440859 | 149.26 | 1,204 | 179,706.92 |
| 1.02 | ANTO LN | ANTOFAGASTA PLC | 0045614 | 20.57 | 8,262 | 169,928.82 |
| 1.01 | GFNORTEO MM | GRUPO F BANORT-O | 2421041 | 7.76 | 21,500 | 166,885.67 |
| 1.01 | VESTA* MM | VESTA SAB DE CV | B8F6ZF8 | 2.51 | 66,400 | 166,861.60 |
| 0.97 | 3661 TT | ALCHIP TECHNOLOGIES LTD | B4TPSL0 | 80.22 | 2,000 | 160,446.35 |
| 0.96 | BDO PM | BDO UNIBANK INC | B5VJH76 | 2.73 | 58,720 | 160,014.57 |
| 0.95 | 192820 KS | COSMAX INC | BKF2806 | 115.61 | 1,360 | 157,224.36 |
| 0.93 | 2382 TT | QUANTA COMPUTER INC | 6141011 | 7.03 | 22,000 | 154,595.49 |
| 0.93 | BBCA IJ | BANK CENTRAL ASIA TBK PT | B01C1P6 | 0.51 | 299,200 | 153,574.88 |
| 0.89 | 2317 TT | HON HAI | 6438564 | 4.63 | 32,000 | 148,141.45 |
| 0.89 | DNP PW | DINO POLSKA SA | BD0YVN2 | 119.54 | 1,233 | 147,392.36 |
| 0.84 | FSR SJ | FIRSTRAND LTD | 6606996 | 3.50 | 39,995 | 140,098.89 |
| 0.80 | SAHOL TI | HACI OMER SABANCI HOLDING | B03N0C7 | 2.10 | 63,661 | 133,627.58 |
| 0.76 | AMRT IJ | SUMBER ALFARIA T | BCDBLJ9 | 0.12 | 1,016,100 | 125,785.33 |
| 0.71 | OTHER PAYABLE & RECEIVABLES | 1.00 | 117,414 | 117,414.09 | ||
| 0.67 | ALDAR UH | ALDAR PROPERTIES PJSC | B0LX3Y2 | 2.19 | 50,684 | 111,220.54 |
| 0.66 | CLS SJ | CLICKS GROUP LTD | 6105578 | 17.68 | 6,187 | 109,386.22 |
| 0.63 | MYTIL GA | METLEN ENERGY & METALS SA | 5898664 | 45.03 | 2,324 | 104,649.77 |
| 0.55 | NAHDI AB | NAHDI MEDICAL CO | BMZPZG4 | 30.92 | 2,967 | 91,740.06 |
| 0.54 | BDMS-R TB | BANGKOK DUS-NVDR | B013SV4 | 0.66 | 136,412 | 90,331.17 |
| 0.53 | VIST | VISTA ENERGY SAB DE CV | BJ84772 | 43.33 | 2,026 | 87,786.58 |
| 0.49 | 005380 KS | HYUNDAI MOTOR CO | 6451055 | 132.10 | 610 | 80,582.12 |
| 0.36 | PNJ VN | PHU NHUAN JEWELRY JSC | B64FX58 | 2.98 | 20,000 | 59,546.42 |
| 0.35 | GLOB | GLOBANT SA | BP40HF4 | 105.06 | 557 | 58,518.42 |
| 0.31 | MELI | MERCADOLIBRE INC | B23X1H3 | 1,945.55 | 26 | 50,584.30 |
| 0.03 | KOREAN WON | 0.00 | 6,828,900 | 4,654.85 | ||
| 0.00 | EURO | 1.13 | 0 | 0.09 | ||
| -0.01 | SOUTH AFRICAN RAND | 0.05 | -26,380 | -1,408.00 | ||
| -0.37 | MEXICAN PESO | 0.05 | -1,231,330 | -61,898.43 | ||
| -19.39 | CASH | 1.00 | -3,220,643 | -3,220,642.78 |
| Sector | Weight (%) | |
|---|---|---|
| Information Technology | 29.5 | |
| Financials | 21.9 | |
| Consumer Discretionary | 15.4 | |
| Industrials | 11.2 | |
| Consumer Staples | 6.8 | |
| Real Estate | 4.4 | |
| Health Care | 3.8 | |
| Communication Services | 2.7 | |
| Energy | 2.6 | |
| Materials | 1.2 | |
| Utilities | 0.6 |
| Industry | Weight (%) | |
|---|---|---|
| Semiconductors & Semiconductor Equipment | 21.9 | |
| Banks | 19.8 | |
| Capital Goods | 9.8 | |
| Automobiles & Components | 5.9 | |
| Health Care Equipment & Services | 3.8 | |
| Energy | 3.2 | |
| Transportation | 3.0 | |
| Equity Real Estate Investment Trusts (REITs) | 2.9 | |
| Consumer Staples Distribution | 2.9 | |
| Consumer Services | 2.9 | |
| Technology Hardware & Equipmen | 2.5 | |
| Other | 21.4 |
| Country | Weight (%) | |
|---|---|---|
| India | 32.2 | |
| Taiwan | 26.0 | |
| South Korea | 12.7 | |
| Saudi Arabia | 6.5 | |
| Indonesia | 3.7 | |
| South Africa | 3.3 | |
| Mexico | 3.1 | |
| Uae | 2.5 | |
| Greece | 2.0 | |
| Vietnam | 1.8 | |
| Britain | 1.2 | |
| Other | 5.0 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
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.
EMM 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.