Profile
Assets class:
EquityAssets under management:
$351 MAverage volume:
$63 KDomicile:
USExpense ratio:
0.86%Inception date:
17 November 2014Website:
-Last dividends:
26 December 2023Next dividends:
N/ATop countries
Dividend yield TTM
EMQQ Latest News
Emerging markets have significantly underperformed U.S. equities recently, but multiple factors may contribute to a break in this recent trend. Middle class populations in emerging markets are expected to see tremendous growth, contributing to demand for internet and ecommerce. EMQQ focuses on the growing consumption of internet and ecommerce in emerging markets, but I discuss an alternative global fund in this article with potentially lower risk and better performance.
The adoption of digital technologies in emerging countries is improving the efficiency of SMEs and offering new revenue prospects. The EMQQ ETF tracks the EMQQ Emerging Markets Internet & Ecommerce Index, providing exposure to internet and e-commerce solutions in China and other emerging markets. The ETF has a high exposure to China, as well as holdings in India and Brazil, and has shown strong returns despite its higher expense ratio.
Heightened volatility and dampened profit margins for internet and e-commerce assets in East Asia make EMQQ a risky bet. Despite the rise of e-commerce in China, geopolitical struggles and domestic instability may deteriorate the quality of internet ETFs with heavy exposure to the country. I rate EMQQ a Sell due to concerns about currency fluctuations, sluggish economic recovery in China, and other ethical dilemmas.
What is EMQQ ETF?
The fund invests in securities comprising the index or in depositary receipts representing securities of the index. The index was designed by EMQQ Global LLC (the “index provider”) to measure the performance of an investable universe of publicly-traded, emerging market internet and ecommerce companies. The fund is non-diversified.
What is EMQQ assets class?
Assets class of EMQQ ETF is 'Equity'
What is EMQQ assets under management?
Assets under management of EMQQ ETF is $351 M
What is EMQQ average volume?
Average volume of EMQQ ETF is $63 K
What is EMQQ domicile?
Domicile of EMQQ ETF is US
What is EMQQ expense ratio?
Expense ratio of EMQQ ETF is 0.86%
What is EMQQ inception date?
Inception date of EMQQ ETF is 17 November 2014
What is EMQQ website?
Website of EMQQ ETF is null