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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 05/02/24

Inception Date 09/24/10
Total Expense Ratio 0.75%
Net Assets $156.78 million
NAV $26.07
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 05/01/24

Ticker EMC
Bloomberg IOPV Ticker EMCIV
CUSIP 37960A644
ISIN US37960A6441
Primary Exchange NYSE Arca
Shares Outstanding 6,014,586
Number of Holdings 77
30-Day Median Bid-Ask Spread 0.15%

Distributions As of 05/02/24

30-Day SEC Yield 0.52%
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 05/02/24

NAV $26.07 Daily Change $0.28 1.09%
Market Price $26.17 Daily Change $0.56 2.19%

Performance History

As of recent
(03/31/24)
As of recent
(03/31/24)
Fund NAV Market Price Benchmark
1 Year 2.96% 2.65% 8.15%
3 Years -12.73% -12.81% -5.05%
5 Years -0.98% -1.04% 2.22%
10 Years 1.86% 1.83% 2.95%
Since Inception 2.95% 2.92% 2.36%
1 Year 3.70% 2.99% 9.88%
3 Years -13.58% -13.78% -5.69%
5 Years -1.91% -2.05% 1.89%
10 Years 1.68% 1.61% 2.96%
Since Inception 2.81% 2.76% 2.38%
Year-to-Date 2.66% 2.95% 2.37%
1 Month 1.86% 2.19% 2.48%
3 Months 2.66% 2.95% 2.37%
Since Inception 48.11% 47.66% 37.08%
Year-to-Date 1.10% 0.98% 2.83%
1 Month -1.52% -1.91% 0.45%
3 Months 5.21% 4.69% 7.83%
Since Inception 45.85% 44.84% 37.69%

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 05/02/24

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.50 TSM TAIWAN SEMIC-ADR 2113382 136.23 86,348 11,763,188.04
4.84 005930 KS SAMSUNG ELECTRON 6771720 56.69 133,724 7,580,560.34
3.79 700 HK TENCENT HOLDINGS LTD BMMV2K8 46.11 129,000 5,947,613.17
3.68 IBN ICICI BANK LTD-SPON ADR 2569286 27.57 209,154 5,766,375.78
3.60 TTAN IN TITAN CO LTD 6139340 42.75 132,155 5,649,881.06
3.02 2454 TT MEDIATEK INC 6372480 30.75 154,000 4,735,620.17
2.97 HDB HDFC BANK LTD-ADR 2781648 58.87 79,114 4,657,441.18
2.85 000660 KS SK HYNIX INC 6450267 126.17 35,393 4,465,441.91
2.82 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 50.94 86,821 4,422,661.74
2.73 TME TENCENT MUSI-ADR BFZYWR2 13.05 328,484 4,286,716.20
2.65 BBCA IJ BANK CENTRAL ASIA TBK PT B01C1P6 0.59 7,051,300 4,160,637.32
2.31 BBRI IJ BANK RAKYAT INDO 6709099 0.29 12,329,700 3,626,158.29
2.08 9999 HK NETEASE INC BM93SF4 19.20 169,900 3,262,438.19
2.04 APHS IN APOLLO HOSPITALS 6273583 71.39 44,811 3,198,904.79
1.93 PDD PDD HOLDINGS INC BYVW0F7 137.54 22,045 3,032,069.30
1.85 CASH 1.00 2,903,282 2,903,282.29
1.82 EIM IN EICHER MOTORS LTD BMW4CV8 55.14 51,679 2,849,538.65
1.77 605499 C1 EASTROC BEVERA-A BP91NL0 29.44 94,018 2,768,015.58
1.55 2382 TT QUANTA COMPUTER INC 6141011 8.03 303,000 2,431,863.96
1.55 3661 TT ALCHIP TECHNOLOGIES LTD B4TPSL0 96.86 25,000 2,421,623.95
1.50 9988 HK ALIBABA GROUP HOLDING LTD BK6YZP5 9.74 240,900 2,345,252.88
1.39 GPL IN GODREJ PROPERTIES LTD BGQL729 30.34 71,758 2,177,359.63
1.27 ZOMATO IN ZOMATO LTD BL6P210 2.34 850,106 1,990,603.88
1.26 ITUB ITAU UNIBANC-ADR 2849739 6.25 315,305 1,970,656.25
1.23 GFNORTEO MM GRUPO F BANORT-O 2421041 10.19 189,543 1,930,978.58
1.21 RJHI AB AL RAJHI BANK B12LZH9 21.28 89,469 1,903,595.74
1.14 WALMEX* MM WALMART DE MEXIC BW1YVH8 3.75 478,500 1,793,148.19
1.13 000270 KS KIA CORP 6490928 86.92 20,304 1,764,859.48
1.12 9633 HK NONGFU SPRING CO LTD-H BMGWW30 6.13 285,800 1,753,149.93
1.11 TVSL IN TVS MOTOR CO LTD 6726548 24.84 70,268 1,745,108.81
1.07 RENT3 BZ LOCALIZA RENT A CAR B08K3S0 9.49 176,700 1,676,914.66
1.03 BDMS-R TB BANGKOK DUS-NVDR B013SV4 0.78 2,075,800 1,615,135.32
1.02 3037 TT UNIMICRON TECHNOLOGY CORP 6137720 5.47 293,000 1,603,776.20
1.00 SALIK UH SALIK CO PJSC BJN5952 0.95 1,652,623 1,574,805.13
1.00 ANTO LN ANTOFAGASTA PLC 0045614 26.62 59,136 1,574,144.46
0.88 603605 C1 PROYA COSMETICS CO LTD-A BKM3FN4 15.14 90,800 1,374,937.52
0.88 STC AB SAUDI TELECOM CO B12M7Q5 9.95 138,039 1,372,808.27
0.87 VIVA3 BZ VIVARA PARTICIPACOES SA BKTPCJ8 4.42 307,200 1,357,627.36
0.87 RADL3 BZ RAIA DROGASIL SA B7FQV64 5.02 270,216 1,355,414.82
0.85 TTMT IN TATA MOTORS LTD B611LV1 12.31 108,251 1,332,958.48
0.84 NU NU HOLDINGS LT-A BN6NP19 10.96 120,677 1,322,619.92
0.83 TAL TAL EDUCATION GROUP- ADR B4MGD82 12.80 101,778 1,302,758.40
0.83 NPN SJ NASPERS LTD-N SHS BN0VX82 198.78 6,504 1,292,850.72
0.79 352820 KS HYBE CO LTD BNGCJ25 145.35 8,564 1,244,812.67
0.79 HYPE3 BZ HYPERA SA B2QY968 5.83 211,800 1,234,353.63
0.79 035420 KS NAVER CORP 6560393 137.21 8,973 1,231,223.81
0.77 MELI MERCADOLIBRE INC B23X1H3 1,505.99 806 1,213,827.94
0.74 FSR SJ FIRSTRAND LTD 6606996 3.50 332,154 1,162,215.57
0.73 FMX FOMENTO ECON-ADR 2246039 117.56 9,702 1,140,567.12
0.72 ADNOCDRI UH ADNOC DRILLING CO PJSC BN12D39 1.04 1,084,020 1,130,371.12
0.68 AMERICAN AB AMERICANA RESTAU BP4X2F8 0.89 1,208,618 1,073,117.18
0.68 SNB AB THE SAUDI NATIONAL BANK BSHYYN1 9.65 111,173 1,073,018.34
0.65 MYTIL GA MYTILINEOS S.A. 5898664 40.83 25,077 1,023,901.11
0.65 ALPHA GA ALPHA SERVICES A BZ1MXR7 1.69 602,789 1,021,528.85
0.65 SMPH PM SM PRIME HOLDINGS INC 6818843 0.49 2,103,400 1,021,369.53
0.65 KCHOL TI KOC HOLDING AS B03MVJ8 7.26 139,847 1,015,584.02
0.61 NAHDI AB NAHDI MEDICAL CO BMZPZG4 36.74 26,045 956,913.83
0.58 1810 HK XIAOMI CORP-CLASS B BG0ZMJ9 2.26 400,400 903,568.06
0.56 GFI GOLD FIELDS LTD-SPONS ADR 2416326 16.38 53,468 875,805.84
0.55 CLS SJ CLICKS GROUP LTD 6105578 15.82 54,687 864,914.70
0.55 GRAB GRAB HOLDINGS LTD - CL A BP6NH40 3.50 246,390 862,365.00
0.55 MM IN MAHINDRA & MAHINDRA LTD 6100186 26.18 32,930 862,082.99
0.54 CPI SJ CAPITEC BANK HOLDINGS LTD 6440859 123.03 6,911 850,241.89
0.53 PEO PW BANK PEKAO SA 5473113 41.28 20,295 837,856.64
0.46 RAPT4 BZ RANDON SA IMPLEMENTOS E P B010V49 2.10 344,300 724,083.46
0.46 PEPL IN PRESTIGE ESTATES PROJECTS B4T3LF9 16.78 42,501 713,291.21
0.45 2020 HK ANTA SPORTS PRODUCTS LTD B1YVKN8 11.64 60,700 706,251.88
0.44 JAHEZ AB JAHEZ INTERNATIONAL CO BLGSG06 7.97 86,608 690,443.98
0.42 BIDU BAIDU INC - SPON ADR B0FXT17 111.75 5,938 663,571.50
0.42 YUMC YUM CHINA HOLDINGS INC BYW4289 37.36 17,704 661,421.44
0.39 ALI PM AYALA LAND INC 6055112 0.48 1,273,700 612,951.53
0.38 DNP PW DINO POLSKA SA BD0YVN2 95.37 6,194 590,704.91
0.37 GCPL IN GODREJ CONSUMER B1BDGY0 14.78 39,063 577,178.86
0.33 EDU NEW ORIENTAL-ADR BMCMBJ3 80.89 6,310 510,415.90
0.32 27 HK GALAXY ENTERTAIN 6465874 4.63 109,100 505,244.44
0.26 NEST IN NESTLE INDIA LTD BQB8GH3 30.10 13,436 404,405.99
0.22 BRIT IN BRITANNIA INDUSTRIES LTD BGSQG47 57.02 5,906 336,778.65
0.04 SAUDI RIYAL 0.27 247,644 66,027.84
0.03 BRAZILIAN REAL 0.20 205,909 40,282.67
0.00 AMRT IJ SUMBER ALFARIA T BCDBLJ9 0.18 5,500 975.29
0.00 EURO 1.07 2 1.65
0.00 INDONESIA RUPIAH 0.00 0 0.00
0.00 KOREAN WON 0.00 0 0.00
0.00 TURKISH LIRA 0.03 -66,004 -2,039.71
-0.02 SOUTH AFRICAN RAND 0.05 -558,822 -30,022.00
-0.42 OTHER PAYABLE & RECEIVABLES 1.00 -657,024 -657,023.86
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 04/30/24

Sector Weight (%)
Information Technology 24.7
Consumer Discretionary 21.8
Financials 19.8
Communication Services 12.5
Consumer Staples 8.4
Health Care 4.7
Real Estate 3.0
Industrials 2.9
Materials 1.6
Energy 0.7

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Semiconductors 19.5
Internet Software/Services 14.5
Regional Banks 13.0
Telecommunications Equipment 6.9
Other Consumer Services 5.0
Other Consumer Specialties 4.7
Hospital/Nursing Management 4.2
Internet Retail 4.2
Motor Vehicles 3.2
Trucks/Construction/Farm Machinery 2.4
Other Metals/Minerals 2.2
Other 20.2

Source: new windowAltaVista Research, LLC

Country Weight (%)
China 21.4
India 21.2
Taiwan 15.1
South Korea 10.6
Brazil 5.4
Indonesia 5.3
Saudi Arabia 4.1
South Africa 3.3
Mexico 3.2
Uae 1.7
Greece 1.4
Other 7.3

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 05/01/24

Return on Equity 15.00%
Weighted Avg. Market Cap 113,986 M
2023 2024
Price-to-earnings 20.27 15.97
Price-to-book value 2.52 2.27

Source: new windowAltaVista Research, LLC

ETF Research

Views From the Ground: Mexico

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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.