EWEB

Emerging Markets Internet & E-commerce ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider EWEB

High Growth Potential

By 2025, a forecasted 70% of the global population will have a mobile internet subscription, with new subscribers mostly coming from emerging markets.¹

New Consumer Preferences

The pandemic forced many businesses to offer goods and services online for the first time, which has shifted consumer expectations and expanded the domain of Internet and E-commerce companies.²

Structural Tailwinds

Innovative Internet and E-commerce companies are sprouting up across the world. EWEB looks beyond Silicon Valley and other household names, targeting those positioned to capitalize from untapped growth in emerging markets.

¹Nasdaq, Nov 2020
²McKinsey, Oct 2020

Key Information As of 05/26/22

Inception Date	11/09/20
Total Expense Ratio	0.65%
Net Assets	$2.51 million
NAV	$6.97
Fact Sheet

ETF Summary

The Global X Emerging Markets Internet & E-commerce ETF (EWEB) seeks to invest in companies positioned to benefit from the increased adoption of Internet and E-commerce technologies in emerging markets.

ETF Objective

The Global X Emerging Markets Internet & E-commerce ETF (EWEB) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq CTA Emerging Markets Internet & E-commerce Net Total Return Index.

Trading Details As of 05/26/22

Ticker	EWEB
Bloomberg Index Ticker	QNETEMNR
CUSIP	37954Y244
ISIN	US37954Y2440
Primary Exchange	Nasdaq
Shares Outstanding	360,000
Number of Holdings	39
30-Day Median Bid-Ask Spread	0.87%

Distributions As of 05/26/22

30-Day SEC Yield	-0.28%
Distribution Frequency	Semi-Annually

ETF Prices As of 05/26/22

NAV	$6.97	Daily Change	$0.32	4.88%
Market Price	$7.04	Daily Change	$0.44	6.67%

As of recent (03/31/22) As of recent (03/31/22)	Fund NAV	Market Price	Index
1 Year	-50.10%	-51.04%	-50.14%
Since Inception	-36.62%	-37.09%	-36.60%
1 Year	-53.74%	-54.44%	-53.58%
Since Inception	-38.04%	-38.68%	-37.85%
Year-to-Date	-21.21%	-21.77%	-21.66%
1 Month	-7.87%	-9.35%	-8.92%
3 Months	-21.21%	-21.77%	-21.66%
Since Inception	-46.99%	-47.53%	-46.90%
Year-to-Date	-26.63%	-27.52%	-26.73%
1 Month	-6.89%	-7.35%	-6.47%
3 Months	-24.66%	-26.71%	-24.78%
Since Inception	-50.64%	-51.39%	-50.33%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
10.31	NTES	NETEASE INC-ADR	2606440	101.49	2,549	258,698.01
8.84	3690 HK	MEITUAN-CLASS B	BGJW376	20.20	10,970	221,645.81
8.68	BABA	ALIBABA GRP-ADR	BP41ZD1	94.48	2,304	217,681.92
7.60	700 HK	TENCENT HOLDINGS LTD	BMMV2K8	42.58	4,480	190,736.66
7.11	JD	JD.COM INC-ADR	BMM27D9	52.72	3,384	178,404.48
4.32	BIDU	BAIDU INC - SPON ADR	B0FXT17	136.19	795	108,271.05
3.97	035720 KS	KAKAO CORP	6194037	64.33	1,549	99,639.70
3.95	TCOM	TRIP.COM GROUP LTD-ADR	BK1K3N2	21.11	4,696	99,132.56
3.93	NPN SJ	NASPERS LTD-N SHS	6622691	101.51	972	98,668.44
3.91	PDD	PINDUODUO INC-ADR	BYVW0F7	41.93	2,338	98,032.34
3.83	035420 KS	NAVER CORP	6560393	209.94	458	96,154.70
3.37	MELI	MERCADOLIBRE INC	B23X1H3	783.44	108	84,611.52
2.61	BILI	BILIBILI INC-ADR	BFNLRN6	20.94	3,126	65,458.44
2.45	CPNG	COUPANG INC	BNYHDF3	13.35	4,601	61,423.35
2.06	VIPS	VIPSHOP HOLD-ADR	B3N0H17	8.98	5,765	51,769.70
2.02	TME	TENCENT MUSI-ADR	BFZYWR2	4.06	12,498	50,741.88
1.87	036570 KS	NCSOFT CORP	6264189	358.72	131	46,992.50
1.70	WB	WEIBO CORP-SPON ADR	BLLJ4H7	21.93	1,942	42,588.06
1.64	DLO	DLOCAL LTD	BKVF490	29.06	1,412	41,032.72
1.48	696 HK	TRAVELSKY TECH-H	6321954	1.50	24,850	37,229.18
1.42	PAGS	PAGSEGURO DIGI-A	BFWK4R7	14.71	2,414	35,509.94
1.23	268 HK	KINGDEE INTL SFT	6327587	1.69	18,250	30,921.76
1.20	ATHM	AUTOHOME INC-ADR	BH5QGR0	33.08	906	29,970.48
1.05	FALAB CI	FALABELLA SA	2771672	2.74	9,617	26,381.55
0.94	MGLU3 BZ	MAGAZINE LUIZA SA	B4975P9	0.85	27,649	23,548.05
0.93	3888 HK	KINGSOFT CORP LTD	B27WRM3	3.06	7,650	23,389.58
0.89	TOTS3 BZ	TOTVS SA	B10LQP6	5.75	3,897	22,417.45
0.85	IQ	IQIYI INC-ADR	BYWT1W1	3.91	5,446	21,293.86
0.70	STNE	STONECO LTD-A	BGKG6M3	9.71	1,799	17,468.29
0.66	AMER3 BZ	AMERICANAS SA	BN925F7	4.50	3,669	16,506.97
0.65	241 HK	ALIBABA HEALTH	BRXVS60	0.47	34,800	16,403.28
0.65	MCG SJ	MULTICHOICE GROUP LTD	BHZSKR4	8.35	1,951	16,299.85
0.60	780 HK	TONGCHENG TRAVEL HOLDINGS	BGM5R25	1.66	9,050	15,010.99
0.59	XP	XP INC - CLASS A	BK4Y052	22.61	653	14,764.33
0.58	772 HK	CHINA LITERATURE LTD	BYP71J9	3.91	3,740	14,627.15
0.38	1833 HK	PING AN HEALTHCA	BDRYVB3	2.33	4,130	9,628.33
0.36	2013 HK	WEIMOB INC	BGHWHF4	0.52	17,350	8,973.78
0.33	MOMO	HELLO GROUP INC -SPN ADR	BM9STM3	5.38	1,549	8,333.62
0.26	HUYA	HUYA INC-ADR	BF4NQP6	3.99	1,602	6,391.98
0.08		CASH		0.99	1,961	1,944.69

Holdings are subject to change.

Sector Breakdown As of 04/30/22

	Sector	Weight (%)
	Consumer Discretionary	48.8
	Communication Services	42.4
	Information Technology	7.7
	Health Care	1.2

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/22

	Country	Weight (%)
	China	71.2
	South Korea	12.1
	Brazil	5.3
	South Africa	4.4
	Argentina	4.0
	Uruguay	1.2
	Chile	1.0
	Hong Kong	0.8

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/22

Return on Equity	4.60%
Weighted Avg. Market Cap	97,247 M
	2021	2022
Price-to-earnings	21.74	27.65
Price-to-book value	1.31	1.25

Source: AltaVista Research, LLC

ETF Risk Stats As of 05/26/22

Versus	Beta
S&P 500	0.35
MSCI EAFE	0.47
MSCI Emg. Mkts	1.69
Standard Deviation	25.90%

Source: AltaVista Research, LLC

ETF Research

The Case for Emerging Markets Internet & E-commerce

Five Keywords for China’s Singles’ Day

Latest Premium / Discount As of 05/26/22

NAV	$6.97
Market Price	$7.04
Premium / (Discount)	$0.07

Current View 2022 Q2 As of 05/26/22

Days at Premium	8
Days at NAV	0
Days at Discount	31
Greatest Premium	4.22%
Greatest Discount	-1.99%

Daily Premium / Discount History As of 05/26/22

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Investing involves risk, including the possible loss of principal. The investable universe of companies in which EWEB may invest may be limited. The companies in which the Fund invests may be subject to rapid changes in technology, intense competition, rapid obsolescence of products and services, loss of intellectual property protections, evolving industry standards and frequent new product productions, and changes in business cycles and government regulation.

International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, 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. EWEB is non-diversified.

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.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses. 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 Nasdaq, nor does Nasdaq 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 Nasdaq.

EWEB

Emerging Markets Internet & E-commerce ETF

Reasons to Consider EWEB

High Growth Potential

New Consumer Preferences

Structural Tailwinds

Key Information As of 05/26/22

ETF Summary

ETF Objective

Trading Details As of 05/26/22

Distributions As of 05/26/22

ETF Prices As of 05/26/22

Performance History

Top Holdings As of 05/26/22

Sector Breakdown As of 04/30/22

Country Breakdown As of 04/30/22

ETF Characteristics As of 05/26/22

ETF Risk Stats As of 05/26/22

ETF Research

The Case for Emerging Markets Internet & E-commerce

Five Keywords for China’s Singles’ Day

ETF Documents