Despite years of growth, e-commerce likely to account for 20% of global retail sales in 2024, but could reach 23% by 2027, adding over $2T in sales.1
E-commerce is a global theme, poised to benefit as expanding broadband and mobile internet penetration coincide with a rising middle class in developing markets.
Selling advertising has become nearly as important as selling goods and services on e-commerce platforms. Ad sales have evolved into a key revenue source and growth engine for these companies.
1eMarketer, Feb 7, 2024
Key Information |
Trading Details |
Distributions |
Taxes |
NAV | Daily Change | |||
Market Price | Daily Change |
Fund NAV | Market Price | Index | |
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Options Details |
Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
---|---|---|---|---|---|
Exposure |
ETF Characteristics |
ETF Risk Stats |
VERSUS | BETA |
---|---|
S&P 500 | 1.41 |
NASDAQ-100 | 1.05 |
MSCI EAFE | 1.43 |
MSCI Emg. Mkts | 1.51 |
Standard Deviation | 31.10% |
NAV | $27.85 | Daily Change | -$0.15 | -0.54% |
Market Price | $27.70 | Daily Change | -$0.36 | -1.28% |
Return on Equity | 22.20% | |
Weighted Avg. Market Cap | 126,465 M | |
2024 | 2025 | |
Price-to-earnings | 18.83 | 16.60 |
Price-to-book value | 4.07 | 3.37 |
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|
5.87 | BABA | ALIBABA GRP-ADR | BP41ZD1 | 119.43 | 32,436 | 3,873,831.48 |
5.14 | MELI | MERCADOLIBRE INC | B23X1H3 | 2,330.85 | 1,456 | 3,393,717.60 |
4.90 | SE | SEA LTD-ADR | BYWD7L4 | 134.05 | 24,125 | 3,233,956.25 |
4.62 | CVNA | CARVANA CO | BYQHPG3 | 244.35 | 12,489 | 3,051,687.15 |
4.55 | RBA | RB GLOBAL INC | BMWGSD8 | 100.70 | 29,828 | 3,003,679.60 |
4.32 | BKNG | BOOKING HOLDINGS INC | BDRXDB4 | 5,099.28 | 559 | 2,850,497.52 |
4.25 | PDD | PDD HOLDINGS INC | BYVW0F7 | 105.57 | 26,549 | 2,802,777.93 |
4.24 | EBAY | EBAY INC | 2293819 | 68.16 | 41,063 | 2,798,854.08 |
4.17 | NTES | NETEASE INC-ADR | 2606440 | 107.06 | 25,717 | 2,753,262.02 |
4.17 | 4755 JP | RAKUTEN GROUP INC | 6229597 | 5.89 | 467,603 | 2,752,052.15 |
Sector | Weight (%) | |
---|---|---|
Consumer Discretionary | 66.0 | |
Industrials | 11.3 | |
Communication Services | 11.2 | |
Information Technology | 8.3 | |
Materials | 2.6 | |
Financials | 0.5 | |
Other | 0.1 |
Source: AltaVista 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.
Fund NAV | Market Price | Index | |
---|---|---|---|
1 Year | 18.24% | 19.87% | 18.75% |
3 Years | 8.47% | 8.89% | 8.94% |
5 Years | 13.70% | 13.92% | 14.15% |
Since Inception | 10.81% | 11.01% | 11.29% |
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.