EMC


Emerging Markets Great Consumer ETFActive

Reasons to Consider EMC

High Growth Potential

Wages and purchasing power have risen throughout emerging markets (EM) at unprecedented rates. In 2022, EM economies accounted for 55% of global consumer spending – a segment that could exceed $6tn annually by 2027.1

Experienced Portfolio Managers

EMC’s portfolio managers have extensive track records in actively managed emerging market strategies.

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.

1Forbes, Sep 2022

Key Information As of 05/26/23

Inception Date 09/24/10
Total Expense Ratio 0.75%
Net Assets $365.45 million
NAV $24.27
Fact Sheet

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 05/25/23

Ticker EMC
Bloomberg IOPV Ticker EMCIV
CUSIP 37960A644
ISIN US37960A6441
Primary Exchange NYSE Arca
Shares Outstanding 15,054,586
Number of Holdings 54
30-Day Median Bid-Ask Spread N/A

Distributions As of 05/26/23

30-Day SEC Yield N/A
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 05/26/23

NAV $24.27 Daily Change $0.23 0.96%
Market Price $24.18 Daily Change $0.38 1.60%

Performance History

As of recent
(03/31/23)
As of recent
(03/31/23)
Fund NAV Market Price Benchmark
1 Year -12.53% -12.53% -10.70%
3 Years -0.40% -0.40% 7.83%
5 Years -2.53% -2.53% -0.91%
10 Years 1.51% 1.51% 2.00%
Since Inception 2.95% 2.95% 1.91%
1 Year -9.36% -9.36% -6.51%
3 Years -4.26% -4.26% 4.33%
5 Years -2.38% -2.38% -1.05%
10 Years 1.03% 1.03% 1.80%
Since Inception 2.74% 2.74% 1.81%
Year-to-Date -0.74% -0.74% 3.96%
1 Month 1.34% 1.34% 3.03%
3 Months -0.74% -0.74% 3.96%
Since Inception 43.86% 43.86% 26.75%
Year-to-Date -2.96% -2.96% 2.78%
1 Month -2.24% -2.24% -1.13%
3 Months -8.73% -8.73% -4.74%
Since Inception 40.64% 40.64% 25.31%

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 12, 2023 reflects the performance of the Mirae Asset Emerging Markets Great Consumer Fund's I shares. 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 05/26/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.46 CASH 1.00 38,240,439 38,240,438.63
4.35 700 HK TENCENT HOLDINGS LTD BMMV2K8 41.15 386,000 15,883,699.11
3.81 EWY ISHARES MSCI SOU 2592561 63.10 220,551 13,916,768.10
3.68 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 31.49 427,134 13,450,449.66
3.67 TSM TAIWAN SEMIC-ADR 2113382 103.21 129,945 13,411,623.45
3.64 9988 HK ALIBABA GROUP HOLDING LTD BK6YZP5 10.04 1,323,300 13,283,923.11
3.53 1211 HK BYD CO LTD-H 6536651 29.94 431,000 12,905,492.77
3.33 HDB HDFC BANK LTD-ADR 2781648 64.81 187,724 12,166,392.44
3.16 27 HK GALAXY ENTERTAIN 6465874 6.30 1,835,000 11,558,262.12
3.08 1880 HK CHINA TOURISM -H BLB6P53 17.13 656,700 11,248,350.64
3.00 CPALL-R TB CP ALL PCL-NVDR B08YDH1 1.82 6,011,900 10,966,191.06
2.98 IBN ICICI BANK LTD-SPON ADR 2569286 22.96 473,512 10,871,835.52
2.87 BBCA IJ BANK CENTRAL ASIA TBK PT B01C1P6 0.61 17,167,700 10,503,808.43
2.68 INDA ISHARES MSCI INDIA ETF B6XGR72 42.02 232,877 9,785,491.54
2.46 BDMS-R TB BANGKOK DUS-NVDR B013SV4 0.80 11,241,900 8,996,762.08
2.44 CPNG COUPANG INC BNYHDF3 15.73 566,460 8,910,415.80
2.40 AOT-R TB AIRPORTS OF-NVDR 6741206 2.02 4,348,900 8,779,322.28
2.33 3690 HK MEITUAN-CLASS B BGJW376 16.08 529,360 8,513,163.62
2.11 3968 HK CHINA MERCHANTS BANK-H B1DYPZ5 4.59 1,677,500 7,707,869.33
2.07 PDD PDD HOLDINGS INC BYVW0F7 71.42 105,711 7,549,879.62
2.04 2331 HK LI NING CO LTD B01JCK9 5.79 1,289,000 7,461,042.65
1.86 RIGD LI RELIANC-GDR 144A B16CYP9 60.60 112,432 6,813,379.20
1.79 1928 HK SANDS CHINA LTD B5B23W2 3.15 2,074,800 6,540,975.26
1.33 SUZ SUZANO SA - SPON ADR 2207177 9.08 533,400 4,843,272.00
1.30 RJHI AB AL RAJHI BANK B12LZH9 19.41 245,000 4,755,759.39
1.29 2318 HK PING AN-H B01FLR7 6.53 724,500 4,729,915.06
1.27 BBRI IJ BANK RAKYAT INDO 6709099 0.37 12,369,700 4,631,917.08
1.25 WALMEX* MM WALMART DE MEXIC BW1YVH8 3.88 1,173,900 4,551,782.55
1.15 GFNORTEO MM GRUPO F BANORT-O 2421041 8.58 491,343 4,213,418.87
1.10 SE SEA LTD-ADR BYWD7L4 60.12 66,704 4,010,244.48
1.05 SNB AB THE SAUDI NATIONAL BANK BSHYYN1 10.01 384,500 3,849,716.03
0.91 ALPHA GA ALPHA SERVICES A BZ1MXR7 1.55 2,157,783 3,337,968.56
0.91 RADL3 BZ RAIA DROGASIL SA B7FQV64 5.73 580,400 3,327,661.43
0.88 FSR SJ FIRSTRAND LTD 6606996 3.08 1,042,484 3,215,462.10
0.86 GRAB GRAB HOLDINGS LTD - CL A BP6NH40 3.04 1,035,222 3,147,074.88
0.84 CLS SJ CLICKS GROUP LTD 6105578 12.35 249,478 3,080,785.05
0.82 ITUB ITAU UNIBANC-ADR 2849739 5.38 560,000 3,012,800.00
0.80 RENT3 BZ LOCALIZA RENT A CAR B08K3S0 12.82 229,100 2,938,041.42
0.78 FEC CN FRONTERA ENERGY CORP BD9P7F0 7.92 361,256 2,859,755.77
0.77 ARCO ARCOS DORADOS-A B529PQ0 8.89 315,295 2,802,972.55
0.75 STC AB SAUDI TELECOM CO B12M7Q5 11.37 241,000 2,740,680.99
0.74 2020 HK ANTA SPORTS PRODUCTS LTD B1YVKN8 10.63 255,600 2,715,903.94
0.74 GLOB GLOBANT SA BP40HF4 179.95 15,075 2,712,746.25
0.73 NPN SJ NASPERS LTD-N SHS 6622691 160.81 16,479 2,649,931.72
0.72 MELI MERCADOLIBRE INC B23X1H3 1,282.26 2,054 2,633,762.04
0.65 NAHDI AB NAHDI MEDICAL CO BMZPZG4 46.13 51,610 2,380,687.39
0.62 NU NU HOLDINGS LT-A BN6NP19 6.79 331,600 2,251,564.00
0.61 FMX FOMENTO ECON-ADR 2246039 98.38 22,470 2,210,598.60
0.60 MYTIL GA MYTILINEOS S.A. 5898664 31.15 70,000 2,180,708.70
0.54 TADAWULG AB SAUDI TADAWUL GR BMZQ749 43.36 45,242 1,961,483.90
0.54 SQM QUIMICA Y-SP ADR 2771122 66.29 29,548 1,958,736.92
0.50 CPI SJ CAPITEC BANK HOLDINGS LTD 6440859 71.62 25,450 1,822,759.82
0.45 JAHEZ AB JAHEZ INTERNATIONAL CO BLGSG06 139.99 11,619 1,626,486.51
0.44 SALIK UH SALIK CO PJSC BJN5952 0.81 1,967,584 1,596,656.13
0.25 9633 HK NONGFU SPRING CO LTD-H BMGWW30 5.33 167,800 894,165.17
0.16 CANADIAN DOLLAR 0.73 792,972 581,230.07
0.05 BRAZILIAN REAL 0.20 839,300 167,549.94
0.03 THAILAND BAHT 0.03 4,058,033 117,030.50
0.01 SOUTH AFRICAN RAND 0.05 570,080 29,102.42
-0.04 BRAZILIAN REAL 0.20 -655,436 -130,845.16
-0.12 CANADIAN DOLLAR 0.73 -583,403 -427,621.10
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 05/26/23

Return on Equity 14.60%
Weighted Avg. Market Cap 62,580 M
2022 2023
Price-to-earnings 49.76 36.34
Price-to-book value 5.38 5.23

Source: AltaVista Research, LLC

ETF Research

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.

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