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Global X MSCI Next Emerging & Frontier ETF

EMFM
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Nov 07 2013
Expense Ratio
0.63%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$60,544
AUM
$22,704,000
Associated Index
MSCI Select Emerging and Frontier Markets Access Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

EAND
EMIRATES TELECOM GROUP CO
2.06%
WALMEX*
WALMART DE MEXICO SAB DE CV
2.01%
TLKM
TELKOM INDONESIA PERSERO TBK
1.94%
NBK
NATIONAL BANK OF KUWAIT
1.87%
BBCA
BANK CENTRAL ASIA TBK PT
1.74%
SMPH
SM PRIME HOLDINGS INC
1.67%
GFNORTEO
GRUPO FINANCIERO BANORTE-O
1.47%
CEZ
CEZ AS
1.40%
SHP
SHOPRITE HOLDINGS LTD
1.37%
CPALL-R
CP ALL PCL-NVDR
1.35%
Invest with EMFM

What is EMFM?

The Global X MSCI Next Emerging & Frontier ETF (EMFM) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Select Emerging and Frontier Markets Access Index. It provides investors broad exposure to frontier and next emerging markets, while excluding BRICs, as well as South Korea and Taiwan.

ETFs related toEMFM

ETFs correlated to EMFM include EMXC, EELV, VSGX

EMFM
Global X Funds - Global X MSCI Next Emerging & Frontier ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
EELV
Invesco Capital Management LLC - Invesco S&P Emerging Markets Low Volatility ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEMFM

#TOTAL

The Total Package

Category

Getting Started, Go Global

Risk Rating

Moderate

#SWENS

The Swensen

Category

Classic

Risk Rating

Moderate

Create your own algorithmic trading strategy with EMFM using Composer

FAQ

EMFM is a Global Ex. US Equities ETF. The Global X MSCI Next Emerging & Frontier ETF (EMFM) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Select Emerging and Frontier Markets Access Index. It provides investors broad exposure to frontier and next emerging markets, while excluding BRICs, as well as South Korea and Taiwan.

The top holdings for EMFM include EMIRATES TELECOM GROUP CO, WALMART DE MEXICO SAB DE CV, and TELKOM INDONESIA PERSERO TBK.

EMFM has 231 total holdings.

EMFM tracks the MSCI Select Emerging and Frontier Markets Access Index.

No, EMFM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EMFM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EMFM is 0.008%. This is the percent change in the value of EMFM over the most recent 1-month period. The 3-month return on EMFM is 0.0457%. This is the percent change in the value of EMFM over the most recent 3-month period.

The standard deviation of EMFM for the past year is 0.1526%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EMFM include EZU, EEM, and VEA.

ETFs correlated to EMFM include EMXC, EELV, and VSGX.

ETFs that are inversely correlated to EMFM include EFZ, EPV, and EDZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.