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 12/01/23

Inception Date 09/24/10
Total Expense Ratio 0.75%
Net Assets $208.92 million
NAV $24.71
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 11/30/23

Ticker EMC
Bloomberg IOPV Ticker EMCIV
CUSIP 37960A644
ISIN US37960A6441
Primary Exchange NYSE Arca
Shares Outstanding 8,454,586
Number of Holdings 73
30-Day Median Bid-Ask Spread 0.16%

Distributions As of 12/01/23

30-Day SEC Yield 0.56%
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 12/01/23

NAV $24.71 Daily Change -$0.04 -0.16%
Market Price $24.71 Daily Change $0.11 0.45%

Performance History

As of recent
(09/30/23)
As of recent
(09/30/23)
Fund NAV Market Price Benchmark
1 Year -0.48% -1.52% 11.70%
3 Years -11.10% -11.41% -1.73%
5 Years -1.07% -1.27% 0.55%
10 Years 0.99% 0.88% 2.07%
Since Inception 2.29% 2.21% 1.67%
1 Year -4.34% -4.92% 4.21%
3 Years -12.98% -13.15% -4.04%
5 Years -0.09% -0.21% 2.34%
10 Years 1.12% 1.05% 2.12%
Since Inception 2.50% 2.45% 1.94%
Year-to-Date -7.35% -8.32% 1.82%
1 Month -4.12% -4.77% -2.62%
3 Months -4.12% -4.81% -2.93%
Since Inception 34.27% 32.87% 24.15%
Year-to-Date -4.42% -5.00% 5.70%
1 Month 6.41% 6.13% 8.00%
3 Months -1.08% -1.32% 1.09%
Since Inception 38.53% 37.69% 28.87%

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 12/01/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.73 TSM TAIWAN SEMIC-ADR 2113382 98.55 121,352 11,959,239.60
4.32 005930 KS SAMSUNG ELECTRON 6771720 55.14 163,590 9,020,470.99
4.16 700 HK TENCENT HOLDINGS LTD BMMV2K8 40.82 212,900 8,690,351.89
3.71 TTAN IN TITAN CO LTD 6139340 41.89 185,234 7,759,941.69
3.23 IBN ICICI BANK LTD-SPON ADR 2569286 22.97 294,001 6,753,202.97
3.23 HDB HDFC BANK LTD-ADR 2781648 60.71 111,195 6,750,648.45
3.13 9988 HK ALIBABA GROUP HOLDING LTD BK6YZP5 9.19 711,700 6,543,268.71
3.11 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 34.14 190,088 6,489,604.32
2.96 BBRI IJ BANK RAKYAT INDO 6709099 0.35 17,913,100 6,188,897.97
2.82 BBCA IJ BANK CENTRAL ASIA TBK PT B01C1P6 0.58 10,252,900 5,897,817.68
2.75 PDD PDD HOLDINGS INC BYVW0F7 145.27 39,543 5,744,411.61
2.06 000660 KS SK HYNIX INC 6450267 101.55 42,463 4,312,153.02
2.05 27 HK GALAXY ENTERTAIN 6465874 5.23 819,600 4,289,397.31
2.02 APHS IN APOLLO HOSPITALS 6273583 67.12 62,763 4,212,882.90
1.80 BIDU BAIDU INC - SPON ADR B0FXT17 116.77 32,186 3,758,359.22
1.80 CASH 1.00 3,749,111 3,749,110.78
1.74 RIGD LI RELIANC-GDR 144A B16CYP9 57.60 62,986 3,627,993.60
1.62 GFNORTEO MM GRUPO F BANORT-O 2421041 9.24 366,043 3,380,634.37
1.55 BDMS-R TB BANGKOK DUS-NVDR B013SV4 0.74 4,414,200 3,244,577.18
1.53 2454 TT MEDIATEK INC 6372480 30.10 106,000 3,190,072.14
1.45 WALMEX* MM WALMART DE MEXIC BW1YVH8 3.86 787,500 3,038,450.41
1.43 RJHI AB AL RAJHI BANK B12LZH9 20.37 146,443 2,982,498.12
1.35 CPNG COUPANG INC BNYHDF3 15.80 179,040 2,828,832.00
1.22 RENT3 BZ LOCALIZA RENT A CAR B08K3S0 12.39 206,100 2,553,443.89
1.19 ITUB ITAU UNIBANC-ADR 2849739 6.43 386,789 2,487,053.27
1.19 9633 HK NONGFU SPRING CO LTD-H BMGWW30 5.66 437,800 2,478,905.95
1.19 FSR SJ FIRSTRAND LTD 6606996 3.64 680,212 2,477,985.05
1.17 066570 KS LG ELECTRONICS INC 6520739 78.42 31,258 2,451,326.21
1.12 SUZ SUZANO SA - SPON ADR 2207177 10.59 220,421 2,334,258.39
1.11 605499 C1 EASTROC BEVERA-A BP91NL0 27.23 85,000 2,314,689.13
1.10 000270 KS KIA CORP 6490928 65.71 35,066 2,304,164.50
1.08 TVSL IN TVS MOTOR CO LTD 6726548 22.93 98,487 2,258,090.52
1.04 1211 HK BYD CO LTD-H 6536651 26.36 82,400 2,172,028.15
1.00 FMX FOMENTO ECON-ADR 2246039 126.91 16,414 2,083,100.74
0.97 2020 HK ANTA SPORTS PRODUCTS LTD B1YVKN8 10.10 200,200 2,021,213.05
0.92 SQM QUIMICA Y-SP ADR 2771122 54.00 35,640 1,924,560.00
0.91 603605 C1 PROYA COSMETICS CO LTD-A BKM3FN4 14.01 136,200 1,907,650.05
0.91 ALPHA GA ALPHA SERVICES A BZ1MXR7 1.69 1,126,553 1,899,377.46
0.89 YUMC YUM CHINA HOLDINGS INC BYW4289 43.73 42,631 1,864,253.63
0.88 CLIP GLOBAL X 1-3 MONTH T-BILL BNBPYF7 25.14 73,296 1,842,294.96
0.88 SNB AB THE SAUDI NATIONAL BANK BSHYYN1 9.32 197,421 1,839,326.09
0.88 FEC CN FRONTERA ENERGY CORP BD9P7F0 6.18 297,382 1,837,049.42
0.86 SALIK UH SALIK CO PJSC BJN5952 0.86 2,074,419 1,790,702.77
0.86 3037 TT UNIMICRON TECHNOLOGY CORP 6137720 5.59 320,000 1,789,811.55
0.85 MELI MERCADOLIBRE INC B23X1H3 1,652.01 1,075 1,775,910.75
0.83 035420 KS NAVER CORP 6560393 157.76 11,038 1,741,396.13
0.83 RADL3 BZ RAIA DROGASIL SA B7FQV64 5.72 302,700 1,731,884.10
0.82 VIVA3 BZ VIVARA PARTICIPACOES SA BKTPCJ8 6.12 278,700 1,706,558.56
0.81 JAHEZ AB JAHEZ INTERNATIONAL CO BLGSG06 7.46 225,300 1,681,657.03
0.80 NPN SJ NASPERS LTD-N SHS BN0VX82 181.56 9,183 1,667,227.29
0.79 STC AB SAUDI TELECOM CO B12M7Q5 10.25 161,912 1,659,562.39
0.75 CLS SJ CLICKS GROUP LTD 6105578 15.82 99,403 1,573,026.98
0.75 HUVR IN HINDUSTAN UNILEVER LTD 6261674 30.78 50,753 1,562,050.25
0.71 005380 KS HYUNDAI MOTOR CO 6451055 140.00 10,566 1,479,199.54
0.71 3690 HK MEITUAN-CLASS B BGJW376 11.25 131,460 1,478,609.60
0.68 TADAWULG AB SAUDI TADAWUL GR BMZQ749 48.73 29,185 1,422,178.44
0.67 CPALL-R TB CP ALL PCL-NVDR B08YDH1 1.52 923,300 1,403,431.81
0.65 2317 TT HON HAI 6438564 3.19 422,000 1,347,792.93
0.64 PAYTM IN ONE 97 COMMUNICATIONS LTD BNTYXL5 10.45 126,972 1,327,168.65
0.63 NAHDI AB NAHDI MEDICAL CO BMZPZG4 36.20 36,469 1,320,206.38
0.63 CPI SJ CAPITEC BANK HOLDINGS LTD 6440859 104.74 12,547 1,314,114.63
0.62 TTMT IN TATA MOTORS LTD B611LV1 8.47 151,768 1,285,348.81
0.59 BRIT IN BRITANNIA INDUSTRIES LTD BGSQG47 59.68 20,719 1,236,417.84
0.59 ARCO ARCOS DORADOS-A B529PQ0 12.14 101,823 1,236,131.22
0.56 NU NU HOLDINGS LT-A BN6NP19 8.30 140,947 1,169,860.10
0.54 MYTIL GA MYTILINEOS S.A. 5898664 39.66 28,306 1,122,560.22
0.54 NEST IN NESTLE INDIA LTD 6128605 292.19 3,827 1,118,223.48
0.51 GRAB GRAB HOLDINGS LTD - CL A BP6NH40 3.07 346,269 1,063,045.83
0.48 KCHOL TI KOC HOLDING AS B03MVJ8 4.91 204,681 1,005,368.55
0.46 INDONESIA RUPIAH 0.00 14,894,463,138 961,863.94
0.43 MM IN MAHINDRA & MAHINDRA LTD 6100186 19.51 46,248 902,515.11
0.35 EDU NEW ORIENTAL-ADR BMCMBJ3 81.63 8,953 730,833.39
0.34 AOT-R TB AIRPORTS OF-NVDR 6741206 1.67 420,700 702,517.66
0.32 GCPL IN GODREJ CONSUMER B1BDGY0 12.31 54,792 674,504.76
0.30 SAUDI RIYAL 0.27 2,335,657 622,626.08
0.24 APNT IN ASIAN PAINTS LTD BCRWL65 38.10 13,081 498,356.71
0.04 HONG KONG DOLLAR 0.13 563,728 72,134.09
0.02 BRAZILIAN REAL 0.20 216,690 44,198.98
0.01 INDIA RUPEE 0.01 1,981,174 23,784.67
0.00 KOREAN WON 0.00 0 0.00
-0.01 SOUTH AFRICAN RAND 0.05 -558,822 -29,946.55
-0.02 CANADIAN DOLLAR 0.74 -62,289 -46,081.87
-0.34 OTHER PAYABLE & RECEIVABLES 1.00 -719,153 -719,152.89
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 10/31/23

Sector Weight (%)
Consumer Discretionary 34.0
Financials 21.6
Information Technology 14.2
Consumer Staples 10.1
Communication Services 7.4
Health Care 4.4
Energy 3.0
Industrials 3.0
Materials 2.4

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Regional Banks 13.8
Internet Software/Services 10.1
Internet Retail 9.8
Semiconductors 9.4
Motor Vehicles 5.8
Telecommunications Equipment 5.2
Other Consumer Services 4.8
Other Consumer Specialties 4.5
Hospital/Nursing Management 4.4
Casinos/Gaming 4.3
Household/Personal Care 2.6
Other 25.3

Source: new windowAltaVista Research, LLC

Country Weight (%)
China 23.1
India 19.6
South Korea 10.6
Taiwan 7.9
Indonesia 6.4
Saudi Arabia 5.3
Brazil 5.0
Mexico 4.0
Thailand 3.6
South Africa 3.4
Hong Kong 2.9
Other 8.2

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 11/30/23

Return on Equity 15.00%
Weighted Avg. Market Cap 92,914 M
2022 2023
Price-to-earnings 19.74 17.43
Price-to-book value 2.64 2.59

Source: new windowAltaVista 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.