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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 02/14/25

Inception Date 09/24/10
Total Expense Ratio 0.75%
Net Assets $92.28 million
NAV $27.07
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 02/13/25

Ticker EMC
Bloomberg IOPV Ticker EMCIV
CUSIP 37960A644
ISIN US37960A6441
Primary Exchange NYSE Arca
Shares Outstanding 3,409,074
Number of Holdings 76
30-Day Median Bid-Ask Spread 0.15%

Distributions As of 02/14/25

30-Day SEC Yield -0.08%
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 02/14/25

NAV $27.07 Daily Change $0.30 1.12%
Market Price $26.98 Daily Change $0.18 0.67%

Performance History

As of recent
(12/31/24)
As of recent
(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 9.47% 8.84% 14.75%
3 Years -6.00% -6.24% -0.71%
5 Years -2.19% -2.35% 3.04%
10 Years 1.71% 1.63% 3.76%
Since Inception 2.95% 2.89% 2.70%
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 1.06% 1.19% 1.79%
1 Month 1.06% 1.19% 1.79%
3 Months -1.58% -1.88% -2.00%
Since Inception 51.75% 50.57% 46.53%

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 02/14/25

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.00 TSM TAIWAN SEMIC-ADR 2113382 203.90 45,276 9,231,776.40
4.96 700 HK TENCENT HOLDINGS LTD BMMV2K8 61.01 75,000 4,575,885.69
4.37 2454 TT MEDIATEK INC 6372480 45.84 88,000 4,034,238.02
2.90 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 69.25 38,661 2,677,274.25
2.81 3690 HK MEITUAN-CLASS B BGJW376 21.83 118,600 2,589,293.38
2.74 161890 KS KOLMAR KOREA CO LTD B8K27N3 40.39 62,651 2,530,257.56
2.42 IBN ICICI BANK LTD-SPON ADR 2569286 29.16 76,676 2,235,872.16
2.29 CASH 1.00 2,110,015 2,110,014.54
2.18 000333 C2 MIDEA GROUP CO LTD-A BD5CPP1 10.00 201,000 2,009,071.54
2.15 1810 HK XIAOMI CORP-CLASS B BG0ZMJ9 5.74 344,800 1,980,514.26
2.12 3968 HK CHINA MERCHANTS BANK-H B1DYPZ5 5.81 336,500 1,956,621.61
1.99 APHS IN APOLLO HOSPITALS 6273583 72.21 25,406 1,834,662.40
1.94 2317 TT HON HAI 6438564 5.42 331,000 1,794,693.72
1.86 000660 KS SK HYNIX INC 6450267 145.47 11,806 1,717,474.28
1.84 MAXHEALT IN MAX HEALTHCARE I BMB2291 11.56 147,146 1,700,781.19
1.82 6690 HK HAIER SMART HOME CO LTD-H BLD4QD0 3.34 502,700 1,679,520.95
1.65 PEPL IN PRESTIGE ESTATES PROJECTS B4T3LF9 14.13 107,654 1,521,407.38
1.54 WEGE3 BZ WEG SA 2945422 9.40 151,000 1,419,723.53
1.52 TVSL IN TVS MOTOR CO LTD 6726548 27.66 50,858 1,406,505.64
1.48 YUMC YUM CHINA HOLDINGS INC BYW4289 49.16 27,775 1,365,419.00
1.47 9988 HK ALIBABA GROUP HOLDING LTD BK6YZP5 15.95 84,800 1,352,293.08
1.46 RJHI AB AL RAJHI BANK B12LZH9 26.53 50,827 1,348,393.99
1.40 352820 KS HYBE CO LTD BNGCJ25 171.80 7,519 1,291,754.36
1.37 PDD PDD HOLDINGS INC BYVW0F7 124.16 10,166 1,262,210.56
1.35 2382 TT QUANTA COMPUTER INC 6141011 7.92 157,000 1,243,412.84
1.30 1211 HK BYD CO LTD-H 6536651 46.80 25,600 1,198,072.50
1.19 9999 HK NETEASE INC BM93SF4 21.24 51,900 1,102,410.66
1.19 ADNOCDRI UH ADNOC DRILLING CO PJSC BN12D39 1.50 735,127 1,100,789.14
1.19 ZOMATO IN ZOMATO LTD BL6P210 2.49 441,740 1,098,798.52
1.18 ITUB ITAU UNIBANC-ADR 2849739 6.09 179,075 1,090,566.75
1.16 SALIK UH SALIK CO PJSC BJN5952 1.51 711,142 1,074,554.34
1.11 FPT VN FPT CORP B1HMWH6 5.71 179,300 1,023,259.94
1.08 MMYT MAKEMYTRIP LTD B552PC2 103.58 9,660 1,000,582.80
1.07 BBCA IJ BANK CENTRAL ASIA TBK PT B01C1P6 0.55 1,789,600 987,801.97
1.03 IH IN INDIAN HOTELS CO LTD B1FRT61 8.18 116,730 954,730.61
1.03 AMRT IJ SUMBER ALFARIA T BCDBLJ9 0.17 5,448,300 948,258.86
0.97 SAHOL TI HACI OMER SABANCI HOLDING B03N0C7 2.77 322,328 894,409.97
0.95 TRENT IN TRENT LTD BDDRN32 58.93 14,799 872,158.04
0.92 TTAN IN TITAN CO LTD 6139340 37.01 22,950 849,268.28
0.85 BUDGET AB UNITED INTERNATI B2493D0 21.54 36,547 787,340.05
0.85 GPL IN GODREJ PROPERTIES LTD BGQL729 22.67 34,709 786,716.01
0.85 BMRI IJ BANK MANDIRI 6651048 0.32 2,485,600 783,437.88
0.85 BDMS-R TB BANGKOK DUS-NVDR B013SV4 0.67 1,175,400 783,133.85
0.84 ANTO LN ANTOFAGASTA PLC 0045614 23.17 33,597 778,569.96
0.83 EDU NEW ORIENTAL-ADR BMCMBJ3 55.48 13,872 769,618.56
0.82 TAIWAN DOLLAR 0.03 24,819,957 756,037.56
0.80 1024 HK KUAISHOU TECHNOLOGY BLC90T0 6.87 107,000 735,598.36
0.79 WALMEX* MM WALMART DE MEXIC BW1YVH8 2.69 270,500 727,730.97
0.78 HAVL IN HAVELLS INDIA LTD BQGZWP9 17.25 41,960 723,998.16
0.78 SNB AB THE SAUDI NATIONAL BANK BSHYYN1 9.00 79,591 716,204.41
0.75 FSR SJ FIRSTRAND LTD 6606996 4.04 171,493 692,145.19
0.68 CHINESE YUAN RENMINBI 0.14 4,553,536 627,870.42
0.65 CPI SJ CAPITEC BANK HOLDINGS LTD 6440859 167.80 3,595 603,234.53
0.64 CLS SJ CLICKS GROUP LTD 6105578 19.07 31,027 591,805.97
0.64 VIVA3 BZ VIVARA PARTICIPACOES SA BKTPCJ8 3.32 177,200 588,075.71
0.64 TME TENCENT MUSI-ADR BFZYWR2 13.61 43,126 586,944.86
0.63 ALDAR UH ALDAR PROPERTIES PJSC B0LX3Y2 2.50 233,591 584,454.48
0.59 RENT3 BZ LOCALIZA RENT A CAR B08K3S0 5.52 98,700 545,238.11
0.59 RADL3 BZ RAIA DROGASIL SA B7FQV64 3.50 155,216 542,514.11
0.57 2020 HK ANTA SPORTS PRODUCTS LTD B1YVKN8 11.33 46,300 524,452.91
0.56 GFI GOLD FIELDS LTD-SPONS ADR 2416326 18.87 27,308 515,301.96
0.54 605499 C1 EASTROC BEVERA-A BP91NL0 31.64 15,763 498,797.06
0.54 ALPHA GA ALPHA SERVICES A BZ1MXR7 1.96 251,485 494,058.71
0.53 GRUMAB MM GRUMA S.A.B.-B 2392545 17.49 28,150 492,441.22
0.53 BHARTI IN BHARTI AIRTEL LTD 6442327 19.77 24,529 485,043.27
0.52 MELI MERCADOLIBRE INC B23X1H3 2,109.99 229 483,187.71
0.51 NAHDI AB NAHDI MEDICAL CO BMZPZG4 31.57 14,831 468,189.20
0.50 EIM IN EICHER MOTORS LTD BMW4CV8 54.17 8,548 463,009.08
0.50 NU NU HOLDINGS LT-A BN6NP19 13.70 33,673 461,320.10
0.50 VIST VISTA ENERGY SAB DE CV BJ84772 51.42 8,900 457,638.00
0.49 992 HK LENOVO GROUP LTD 6218089 1.62 278,000 450,824.33
0.48 MYTIL GA METLEN ENERGY & METALS SA 5898664 37.94 11,767 446,389.49
0.48 COMI EY COMMERCIAL INTER 6243898 1.54 288,536 444,458.28
0.48 GFNORTEO MM GRUPO F BANORT-O 2421041 7.47 58,943 440,496.91
0.48 MM IN MAHINDRA & MAHINDRA LTD 6100186 33.89 12,975 439,699.82
0.47 DNP PW DINO POLSKA SA BD0YVN2 119.49 3,623 432,901.70
0.46 603605 C1 PROYA COSMETICS CO LTD-A BKM3FN4 11.75 35,800 420,822.22
0.42 TTMT IN TATA MOTORS LTD B611LV1 7.84 48,908 383,372.93
0.28 PNJ VN PHU NHUAN JEWELRY JSC B64FX58 3.77 69,000 259,803.07
0.00 VIETNAMESE DONG 0.00 17,963,448 707.50
0.00 EURO 1.05 2 1.62
0.00 OTHER PAYABLE & RECEIVABLES 1.00 -113 -113.33
0.00 TURKISH LIRA 0.03 -66,004 -1,822.41
-0.03 SOUTH AFRICAN RAND 0.05 -558,822 -30,478.43
-0.10 BRAZILIAN REAL 0.17 -501,404 -87,625.83
-0.28 INDIA RUPEE 0.01 -22,404,641 -258,021.37
-1.26 HONG KONG DOLLAR 0.13 -9,052,376 -1,163,230.53
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 01/31/25

Sector Weight (%)
Information Technology 29.6
Consumer Discretionary 28.4
Financials 15.2
Consumer Staples 8.8
Health Care 5.2
Industrials 4.3
Real Estate 3.5
Communication Services 2.4
Materials 1.3
Energy 1.2
Other 0.1

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Semiconductors & Semiconductor Equipment 16.6
Banks 13.7
Consumer Services 8.1
Consumer Durables & Apparel 7.6
Software & Services 6.8
Consumer Discretionary Distribution & Retail 6.5
Technology Hardware & Equipment 6.4
Health Care Equipment & Services 5.2
Automobiles & Components 4.2
Household & Personal Products 3.4
Equity Real Estate Investment Trusts (REITs) 3.0
Other 18.5

Source: new windowAltaVista Research, LLC

Country Weight (%)
China 28.8
Taiwan 19.8
India 18.3
South Korea 6.3
Brazil 4.7
Saudi Arabia 3.9
Indonesia 3.4
South Africa 2.7
Mexico 1.9
Uae 1.7
Vietnam 1.6
Other 6.9

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 02/14/25

Return on Equity 22.20%
Weighted Avg. Market Cap 156,042 M
2024 2025
Price-to-earnings 19.05 12.86
Price-to-book value 3.12 2.63

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 01/31/25

Versus Beta
S&P 500 0.78
NASDAQ-100 0.74
MSCI EAFE 0.65
MSCI Emg. Mkts 0.92
Standard Deviation 13.20%

Source: new windowAltaVista Research, LLC

ETF Research

Why Emerging Markets? Why EMC?

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Introducing the Global X Emerging Markets Great Consumer (EMC) and Emerging Markets (EMM) ETFs

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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.