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Global X Funds Global X Emerging Markets Internet & E-commerce ETF

EWEB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 09 2020
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$6,145
AUM
$2,418,816
Associated Index
Nasdaq CTA Emerging Markets Internet & E-commerce Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

700
Tencent Holdings Ltd.
8.03%
BABA
Alibaba Group Holding Ltd - ADR
7.76%
NPN
NASPERS LTD-N SHS
7.57%
3690
Meituan - Ordinary Shares - Class B
7.39%
PDD
PDD Holdings Inc - ADR
6.68%
NU
Nu Holdings Ltd - Ordinary Shares Class A
5.23%
NTES
NetEase Inc - ADR
4.75%
MELI
MercadoLibre Inc
4.44%
035420
Naver Co Ltd
4.19%
CPNG
Coupang Inc - Ordinary Shares - Class A
3.91%
Invest with EWEB

What is EWEB?

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. EWEB enables investors to access high growth potential through companies central to the development of Internet and E-commerce technologies in emerging markets.

ETFs related toEWEB

ETFs correlated to EWEB include EMQQ, CWEB, KWEB

EWEB
Global X Funds - Global X Emerging Markets Internet & E-commerce ETF
EMQQ
Exchange Traded Concepts Trust - ETCT EMQQ The Emerging Markets Internet and Ecommerce ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
PGJ
Invesco Capital Management LLC - Invesco Golden Dragon China ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
CHIQ
Global X Funds - Global X MSCI China Consumer Discretionary ETF
CQQQ
Invesco Capital Management LLC - Invesco China Technology ETF
AIA
BlackRock Institutional Trust Company N.A. - iShares Asia 50 ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
GXC
SSgA Active Trust - SPDR S&P China 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 toEWEB

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

Create your own algorithmic trading strategy with EWEB using Composer

FAQ

EWEB is a Global Ex. US Equities ETF. 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. EWEB enables investors to access high growth potential through companies central to the development of Internet and E-commerce technologies in emerging markets.

EWEB tracks the Nasdaq CTA Emerging Markets Internet & E-commerce Index.

No, EWEB 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, EWEB 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 EWEB is -0.0575%. This is the percent change in the value of EWEB over the most recent 1-month period. The 3-month return on EWEB is -0.1046%. This is the percent change in the value of EWEB over the most recent 3-month period.

The standard deviation of EWEB for the past year is 0.3947%. 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 EWEB include IXN, IXC, and GDX.

ETFs correlated to EWEB include EMQQ, CWEB, and KWEB.

ETFs that are inversely correlated to EWEB include YANG, EDZ, and FNGD.

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.