EMM


Emerging Markets ETFActive

Reasons to Consider EMM

High Growth Potential

According to the IMF, emerging market and developing economies have returned higher rates of GDP growth than major advanced economies (i.e., the G7) every year dating back to 1999 – a trend they forecast to continue.1

Experienced Portfolio Managers

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

ETF Efficiency

In a single trade, EMM delivers access to dozens of emerging market stocks across a range of sectors, along with the outperformance potential of active management.

1IMF, Apr 2023

Key Information As of 05/26/23

Inception Date 09/24/10
Total Expense Ratio 0.75%
Net Assets $26.26 million
NAV $24.76
Fact Sheet

ETF Summary

The Global X Emerging Markets ETF (EMM) is an actively managed fund sub-advised in part by Mirae Asset Global Investments (Hong Kong) Limited. EMM seeks to invest in emerging market companies that we believe can achieve, or maintain, a dominant position within their respective market. As part of its investment strategy, EMM aims to identify early winners in growing industries, where entrepreneurship can produce long-term global competitiveness.

ETF Objective

The Global X Emerging Markets ETF (EMM) seeks to achieve long-term capital growth.

Trading Details As of 05/25/23

Ticker EMM
Bloomberg IOPV Ticker EMMIV
CUSIP 37960A636
ISIN US37960A6367
Primary Exchange NYSE Arca
Shares Outstanding 1,060,587
Number of Holdings 63
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 Mirae Asset Discovery Emerging Markets Fund, a series of the Mirae Asset Discovery Funds.

ETF Prices As of 05/26/23

NAV $24.76 Daily Change $0.29 1.19%
Market Price $24.86 Daily Change $0.47 1.93%

Performance History

As of recent
(03/31/23)
As of recent
(03/31/23)
Fund NAV Market Price Benchmark
1 Year -7.60% -7.60% -10.70%
3 Years 10.79% 10.79% 7.83%
5 Years -0.83% -0.83% -0.91%
10 Years 3.28% 3.28% 2.00%
Since Inception 2.64% 2.64% 1.91%
1 Year -3.50% -3.50% -6.51%
3 Years 7.07% 7.07% 4.33%
5 Years -0.66% -0.66% -1.05%
10 Years 2.96% 2.96% 1.80%
Since Inception 2.46% 2.46% 1.81%
Year-to-Date 2.08% 2.08% 3.96%
1 Month 1.68% 1.68% 3.03%
3 Months 2.08% 2.08% 3.96%
Since Inception 38.60% 38.60% 26.75%
Year-to-Date 0.10% 0.10% 2.78%
1 Month -1.94% -1.94% -1.13%
3 Months -6.99% -6.99% -4.74%
Since Inception 35.91% 35.91% 25.31%

Effective May 12, 2023, the fund acquired the performance, financial, accounting and other historical information of the Mirae Asset Emerging Markets Fund. Performance shown prior to May 12, 2023 reflects the performance of the Mirae Asset Emerging Markets 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 ($) Shares Held Market Value ($)
13.15 CASH 1.00 3,452,397 3,452,396.76
5.79 SMSN LI SAMSUNG ELECTR-GDR REG S 4942818 1,337.00 1,137 1,520,169.00
4.69 TSM TAIWAN SEMIC-ADR 2113382 103.21 11,923 1,230,572.83
4.64 700 HK TENCENT HOLDINGS LTD BMMV2K8 41.15 29,600 1,218,024.60
4.13 RIGD LI RELIANC-GDR 144A B16CYP9 60.60 17,897 1,084,558.20
4.10 9988 HK ALIBABA GROUP HOLDING LTD BK6YZP5 10.04 107,180 1,075,924.49
3.77 IBN ICICI BANK LTD-SPON ADR 2569286 22.96 43,118 989,989.28
3.32 HDB HDFC BANK LTD-ADR 2781648 64.81 13,433 870,592.73
3.24 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 31.49 26,982 849,663.18
2.96 2378 HK PRUDENTIAL PLC B3Q15X5 13.59 57,200 777,526.05
2.83 BDMS-R TB BANGKOK DUS-NVDR B013SV4 0.80 929,200 743,627.97
2.77 EWY ISHARES MSCI SOU 2592561 63.10 11,545 728,489.50
2.74 INDA ISHARES MSCI INDIA ETF B6XGR72 42.02 17,149 720,600.98
2.72 BABA ALIBABA GRP-ADR BP41ZD1 80.97 8,811 713,426.67
2.46 3690 HK MEITUAN-CLASS B BGJW376 16.08 40,110 645,048.72
2.42 2888 HK STANDARD CHARTERED PLC 6558484 7.83 81,200 635,828.38
2.35 PDD PDD HOLDINGS INC BYVW0F7 71.42 8,650 617,783.00
2.21 1928 HK SANDS CHINA LTD B5B23W2 3.15 184,000 580,074.92
1.76 1910 HK SAMSONITE INTL B4Q1532 2.67 173,000 462,593.41
1.71 SE SEA LTD-ADR BYWD7L4 60.12 7,467 448,916.04
1.68 19 HK SWIRE PACIFIC LTD - CL A 6867748 6.80 65,000 441,776.17
1.61 1299 HK AIA GROUP LTD B4TX8S1 9.76 43,400 423,760.51
1.18 1880 HK CHINA TOURISM -H BLB6P53 17.13 18,100 310,027.63
1.15 1211 HK BYD CO LTD-H 6536651 29.94 10,100 302,425.70
1.10 RJHI AB AL RAJHI BANK B12LZH9 19.41 14,900 289,227.82
1.05 SUZ SUZANO SA - SPON ADR 2207177 9.08 30,300 275,124.00
1.04 WALMEX* MM WALMART DE MEXIC BW1YVH8 3.88 70,600 273,750.62
1.01 GFNORTEO MM GRUPO F BANORT-O 2421041 8.58 31,000 265,834.63
0.82 SNB AB THE SAUDI NATIONAL BANK BSHYYN1 10.01 21,600 216,264.93
0.80 GRAB GRAB HOLDINGS LTD - CL A BP6NH40 3.04 69,469 211,185.76
0.74 LREN3 BZ LOJAS RENNER S.A. B0CGYD6 4.00 48,800 195,229.23
0.73 ALPHA GA ALPHA SERVICES A BZ1MXR7 1.55 123,874 191,626.09
0.72 FSR SJ FIRSTRAND LTD 6606996 3.08 61,570 189,907.95
0.71 VAMO3 BZ VAMOS LOCACAO DE BJLSQZ2 2.66 70,400 187,339.82
0.70 CLS SJ CLICKS GROUP LTD 6105578 12.35 14,800 182,764.09
0.67 BUDGET AB UNITED INTERNATI B2493D0 17.57 10,000 175,714.59
0.66 ARCO ARCOS DORADOS-A B529PQ0 8.89 19,342 171,950.38
0.64 ITUB ITAU UNIBANC-ADR 2849739 5.38 31,400 168,932.00
0.63 1772 HK GANFENG LITHIU-H BZ9NS11 6.51 25,280 164,557.08
0.61 CHINESE YUAN RENMINBI 0.14 1,136,987 160,877.75
0.59 FEC CN FRONTERA ENERGY CORP BD9P7F0 7.92 19,555 154,800.26
0.53 VESTA* MM VESTA SAB DE CV B8F6ZF8 3.12 44,800 139,750.33
0.50 NPN SJ NASPERS LTD-N SHS 6622691 160.81 810 130,253.33
0.48 GLOB GLOBANT SA BP40HF4 179.95 702 126,324.90
0.47 MELI MERCADOLIBRE INC B23X1H3 1,282.26 96 123,096.96
0.45 NU NU HOLDINGS LT-A BN6NP19 6.79 17,463 118,573.77
0.42 NAHDI AB NAHDI MEDICAL CO BMZPZG4 46.13 2,390 110,246.91
0.40 MYTIL GA MYTILINEOS S.A. 5898664 31.15 3,345 104,206.72
0.36 SALIK UH SALIK CO PJSC BJN5952 0.81 114,916 93,252.10
0.35 SQM QUIMICA Y-SP ADR 2771122 66.29 1,399 92,739.71
0.34 APHS IN APOLLO HOSPITALS 6273583 55.83 1,600 89,326.98
0.33 CPI SJ CAPITEC BANK HOLDINGS LTD 6440859 71.62 1,190 85,229.24
0.32 JAHEZ AB JAHEZ INTERNATIONAL CO BLGSG06 139.99 606 84,830.95
0.31 DALBHARA IN DALMIA BHARAT LTD BFN2YR2 25.05 3,200 80,171.25
0.30 BBRI IJ BANK RAKYAT INDO 6709099 0.37 212,800 79,684.39
0.29 TADAWULG AB SAUDI TADAWUL GR BMZQ749 43.36 1,758 76,218.75
0.28 IHH MK IHH HEALTHCARE BHD B83X6P8 1.25 59,200 74,035.38
0.26 EURO 1.07 64,872 69,448.91
0.24 CPALL-R TB CP ALL PCL-NVDR B08YDH1 1.82 35,200 64,207.64
0.24 PNJ VN PHU NHUAN JEWELRY JSC B64FX58 3.07 20,800 63,800.96
0.24 LEMONTRE IN LEMON TREE HOTELS LTD BF2LSQ7 1.15 54,400 62,621.31
0.19 TTMT IN TATA MOTORS LTD B611LV1 6.28 8,000 50,230.56
0.19 ZOMATO IN ZOMATO LTD BL6P210 0.81 60,800 49,518.45
0.18 603218 C1 RIYUE HEAVY IN-A BMTCX56 3.24 14,400 46,659.31
0.17 268 HK KINGDEE INTL SFT 6327587 1.42 32,000 45,580.96
0.17 2269 HK WUXI BIOLOGICS CAYMAN INC BL6B9P1 5.48 8,000 43,855.34
0.08 SAUDI RIYAL 0.27 82,863 22,094.35
0.02 KOREAN WON 0.00 5,114,338 3,861.48
0.01 SOUTH AFRICAN RAND 0.05 26,656 1,360.78
-0.12 EURO 1.07 -30,197 -32,327.57
-0.59 CHINESE YUAN RENMINBI 0.14 -1,087,129 -153,823.11
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 05/26/23

Return on Equity 11.20%
Weighted Avg. Market Cap 81,564 M
2022 2023
Price-to-earnings 51.97 40.70
Price-to-book value 4.70 4.42

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.

EMM 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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