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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 07/25/24

Inception Date 09/24/10
Total Expense Ratio 0.75%
Net Assets $140.08 million
NAV $26.61
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 07/25/24

Ticker EMC
Bloomberg IOPV Ticker EMCIV
CUSIP 37960A644
ISIN US37960A6441
Primary Exchange NYSE Arca
Shares Outstanding 5,264,586
Number of Holdings 78
30-Day Median Bid-Ask Spread 0.15%

Distributions As of 07/25/24

30-Day SEC Yield 0.51%
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 07/25/24

NAV $26.61 Daily Change -$0.29 -1.08%
Market Price $26.35 Daily Change -$0.26 -0.98%

Performance History

As of recent month & quarter-end (06/30/24)
As of recent month & quarter-end (06/30/24)
Fund NAV Market Price Benchmark
1 Year 10.18% 9.89% 12.55%
3 Years -13.31% -13.47% -5.07%
5 Years -1.13% -1.25% 3.10%
10 Years 1.66% 1.60% 2.79%
Since Inception 3.20% 3.15% 2.68%
1 Year 10.18% 9.89% 12.55%
3 Years -13.31% -13.47% -5.07%
5 Years -1.13% -1.25% 3.10%
10 Years 1.66% 1.60% 2.79%
Since Inception 3.20% 3.15% 2.68%
Year-to-Date 6.95% 6.95% 7.49%
1 Month 4.78% 4.16% 3.94%
3 Months 4.18% 3.88% 5.00%
Since Inception 54.30% 53.40% 43.93%
Year-to-Date 6.95% 6.95% 7.49%
1 Month 4.78% 4.16% 3.94%
3 Months 4.18% 3.88% 5.00%
Since Inception 54.30% 53.40% 43.93%

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 07/25/24

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.64 TSM TAIWAN SEMIC-ADR 2113382 160.28 75,548 12,108,833.44
4.27 2454 TT MEDIATEK INC 6372480 38.83 154,000 5,979,262.15
3.73 005930 KS SAMSUNG ELECTRON 6771720 58.03 90,028 5,224,288.13
3.70 IBN ICICI BANK LTD-SPON ADR 2569286 28.30 183,054 5,180,428.20
3.66 700 HK TENCENT HOLDINGS LTD BMMV2K8 44.98 114,000 5,128,222.21
3.36 TTAN IN TITAN CO LTD 6139340 40.69 115,802 4,711,696.58
3.04 000660 KS SK HYNIX INC 6450267 137.13 31,017 4,253,504.15
2.97 HDB HDFC BANK LTD-ADR 2781648 60.20 69,214 4,166,682.80
2.86 9999 HK NETEASE INC BM93SF4 18.92 211,800 4,006,950.04
2.79 BBCA IJ BANK CENTRAL ASIA TBK PT B01C1P6 0.63 6,173,800 3,913,239.38
2.78 TME TENCENT MUSI-ADR BFZYWR2 14.43 269,438 3,887,990.34
2.47 2382 TT QUANTA COMPUTER INC 6141011 9.04 383,000 3,463,952.37
2.36 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 43.43 76,021 3,301,592.03
2.14 APHS IN APOLLO HOSPITALS 6273583 76.29 39,247 2,994,083.39
1.89 EIM IN EICHER MOTORS LTD BMW4CV8 58.55 45,278 2,650,837.07
1.81 605499 C1 EASTROC BEVERA-A BP91NL0 32.01 79,018 2,529,030.74
1.66 GPL IN GODREJ PROPERTIES LTD BGQL729 37.02 62,882 2,328,150.53
1.54 3661 TT ALCHIP TECHNOLOGIES LTD B4TPSL0 86.03 25,000 2,150,676.80
1.41 9988 HK ALIBABA GROUP HOLDING LTD BK6YZP5 9.39 210,900 1,980,104.14
1.39 ZOMATO IN ZOMATO LTD BL6P210 2.62 744,964 1,951,802.34
1.37 PDD PDD HOLDINGS INC BYVW0F7 129.74 14,774 1,916,778.76
1.30 BBRI IJ BANK RAKYAT INDO 6709099 0.29 6,273,800 1,814,576.00
1.29 CASH 1.00 1,810,095 1,810,094.97
1.29 TVSL IN TVS MOTOR CO LTD 6726548 29.26 61,591 1,802,193.22
1.25 RJHI AB AL RAJHI BANK B12LZH9 22.26 78,392 1,744,830.60
1.21 3037 TT UNIMICRON TECHNOLOGY CORP 6137720 5.92 286,000 1,693,956.79
1.19 ITUB ITAU UNIBANC-ADR 2849739 6.03 276,104 1,664,907.12
1.06 000270 KS KIA CORP 6490928 83.00 17,803 1,477,693.97
1.02 WALMEX* MM WALMART DE MEXIC BW1YVH8 3.42 418,500 1,430,829.57
0.97 SALIK UH SALIK CO PJSC BJN5952 0.93 1,448,140 1,352,333.30
0.96 SAHOL TI HACI OMER SABANCI HOLDING B03N0C7 3.21 419,326 1,347,726.96
0.96 IH IN INDIAN HOTELS CO LTD B1FRT61 7.45 180,000 1,340,652.58
0.94 BDMS-R TB BANGKOK DUS-NVDR B013SV4 0.73 1,813,300 1,316,711.62
0.93 NU NU HOLDINGS LT-A BN6NP19 12.37 105,602 1,306,296.74
0.93 GFNORTEO MM GRUPO F BANORT-O 2421041 7.80 167,043 1,302,566.35
0.92 ANTO LN ANTOFAGASTA PLC 0045614 24.92 51,816 1,291,046.47
0.90 STC AB SAUDI TELECOM CO B12M7Q5 10.44 120,943 1,262,140.06
0.88 TTMT IN TATA MOTORS LTD B611LV1 13.03 94,849 1,236,174.32
0.87 SNB AB THE SAUDI NATIONAL BANK BSHYYN1 9.89 122,785 1,214,267.23
0.86 ADNOCDRI UH ADNOC DRILLING CO PJSC BN12D39 1.17 1,021,825 1,199,037.78
0.85 MELI MERCADOLIBRE INC B23X1H3 1,625.15 731 1,187,984.65
0.84 RENT3 BZ LOCALIZA RENT A CAR B08K3S0 7.63 154,200 1,176,746.68
0.82 FSR SJ FIRSTRAND LTD 6606996 4.36 264,452 1,154,231.28
0.82 WEGE3 BZ WEG SA 2945422 8.14 140,200 1,141,716.07
0.79 RADL3 BZ RAIA DROGASIL SA B7FQV64 4.62 238,816 1,102,543.53
0.77 VIVA3 BZ VIVARA PARTICIPACOES SA BKTPCJ8 4.01 269,700 1,080,224.37
0.73 EDU NEW ORIENTAL-ADR BMCMBJ3 70.33 14,552 1,023,442.16
0.71 603605 C1 PROYA COSMETICS CO LTD-A BKM3FN4 12.30 81,400 1,000,848.29
0.69 MM IN MAHINDRA & MAHINDRA LTD 6100186 33.59 28,854 969,104.88
0.68 ALPHA GA ALPHA SERVICES A BZ1MXR7 1.80 527,639 947,935.34
0.66 TAL TAL EDUCATION GROUP- ADR B4MGD82 10.40 89,103 926,671.20
0.66 352820 KS HYBE CO LTD BNGCJ25 122.92 7,514 923,590.18
0.66 2317 TT HON HAI 6438564 6.14 150,000 920,413.54
0.63 CLS SJ CLICKS GROUP LTD 6105578 18.54 47,862 887,430.41
0.63 AMERICAN AB AMERICANA RESTAU BP4X2F8 0.84 1,059,119 886,481.05
0.61 CPI SJ CAPITEC BANK HOLDINGS LTD 6440859 150.88 5,630 849,442.63
0.59 PEPL IN PRESTIGE ESTATES PROJECTS B4T3LF9 22.10 37,225 822,735.59
0.58 GRUMAB MM GRUMA S.A.B.-B 2392545 18.85 43,120 812,843.79
0.57 NAHDI AB NAHDI MEDICAL CO BMZPZG4 35.19 22,820 802,942.82
0.57 AMRT IJ SUMBER ALFARIA T BCDBLJ9 0.18 4,523,900 796,206.40
0.56 NPN SJ NASPERS LTD-N SHS BN0VX82 188.04 4,189 787,691.96
0.54 ARCO ARCOS DORADOS-A B529PQ0 9.61 78,000 749,580.00
0.52 PEO PW BANK PEKAO SA 5473113 40.74 17,745 722,855.42
0.51 GRAB GRAB HOLDINGS LTD - CL A BP6NH40 3.32 215,640 715,924.80
0.51 MYTIL GA METLEN ENERGY & METALS SA 5898664 39.30 18,178 714,340.80
0.49 SMPH PM SM PRIME HOLDINGS INC 6818843 0.50 1,391,300 690,294.27
0.47 RAPT4 BZ RANDON SA IMPLEMENTOS E P B010V49 1.92 344,800 661,179.08
0.43 GCPL IN GODREJ CONSUMER B1BDGY0 17.68 34,237 605,381.12
0.41 GFI GOLD FIELDS LTD-SPONS ADR 2416326 16.19 35,293 571,393.67
0.39 9633 HK NONGFU SPRING CO LTD-H BMGWW30 3.95 139,500 551,235.09
0.35 1810 HK XIAOMI CORP-CLASS B BG0ZMJ9 2.08 239,100 496,137.51
0.35 DNP PW DINO POLSKA SA BD0YVN2 88.97 5,444 484,327.66
0.34 2020 HK ANTA SPORTS PRODUCTS LTD B1YVKN8 8.89 53,200 472,910.09
0.32 YUMC YUM CHINA HOLDINGS INC BYW4289 29.24 15,529 454,067.96
0.26 BRIT IN BRITANNIA INDUSTRIES LTD BGSQG47 69.64 5,156 359,082.12
0.25 ALI PM AYALA LAND INC 6055112 0.53 665,900 355,450.47
0.25 NEST IN NESTLE INDIA LTD BQB8GH3 29.64 11,786 349,280.26
0.16 BIDU BAIDU INC - SPON ADR B0FXT17 87.79 2,468 216,665.72
0.03 BRAZILIAN REAL 0.18 205,909 36,492.17
0.00 RENT1 BZ LOCALIZA RENT A CAR - RTS BR3XKZ9 1.93 1 1.93
0.00 EURO 1.08 2 1.67
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 -1,999.44
-0.01 INDIA RUPEE 0.01 -1,101,501 -13,159.13
-0.02 SOUTH AFRICAN RAND 0.05 -558,822 -30,457.58
-0.51 OTHER PAYABLE & RECEIVABLES 1.00 -717,784 -717,784.05
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 06/30/24

Sector Weight (%)
Information Technology 27.3
Consumer Discretionary 22.1
Financials 19.4
Communication Services 11.2
Consumer Staples 8.5
Industrials 3.1
Real Estate 3.0
Health Care 3.0
Materials 1.5
Energy 0.8
Other 0.1

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Semiconductors 16.2
Banking 16.0
Technology 11.8
Automobiles 8.5
Media 8.0
Retail 6.9
Real Estate 5.2
Hotels, Restaurants & Leisure 4.8
Electrical Equipment 4.2
Beverages 3.8
Road & Rail 2.4
Other 12.2

Source: new windowAltaVista Research, LLC

Country Weight (%)
India 21.6
China 20.7
Taiwan 19.6
South Korea 9.6
Brazil 4.7
Indonesia 4.5
Saudi Arabia 4.0
South Africa 3.2
Mexico 2.5
Uae 1.6
Greece 1.1
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 07/25/24

Return on Equity 15.80%
Weighted Avg. Market Cap 141,139 M
2023 2024
Price-to-earnings 21.18 16.11
Price-to-book value 2.71 2.42

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 06/30/24

Versus Beta
S&P 500 0.94
NASDAQ-100 0.82
MSCI EAFE 0.79
MSCI Emg. Mkts 1.02
Standard Deviation 15.50%

Source: new windowAltaVista Research, LLC

ETF Research

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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.