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ETFs

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

EWEB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 9, 2020
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$3,815
AUM
$2,536,883
Associated Index
Nasdaq CTA Emerging Markets Internet & E-commerce Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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NetEase Inc - ADR
8.34%
NPN
Naspers Ltd - Ordinary Shares - Class N
8.29%
700
Tencent Holdings Ltd.
8.21%
BABA
Alibaba Group Holding Ltd - ADR
8.05%
3690
Meituan - Ordinary Shares - Class B
8.00%
NU
Nu Holdings Ltd - Ordinary Shares Class A
4.23%
035420
Naver Co Ltd
4.07%
MELI
MercadoLibre Inc
3.93%
BIDU
Baidu Inc - ADR
3.92%
JD
JD.com Inc - ADR
3.88%
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 - 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
CHIQ
Global X Funds - Global X MSCI China Consumer Discretionary ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
AIA
BlackRock Institutional Trust Company N.A. - iShares Asia 50 ETF
CQQQ
Invesco Capital Management LLC - Invesco China Technology ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
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

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with EWEB using Composer

News Related to EWEB

So Much Emerging Markets For 2021 And This New ETF Could Be The Play

Dec 16, 2020 • by ETF Professor
So Much Emerging Markets For 2021 And This New ETF Could Be The Play
Read

New ETF Could Have Right Internet Retail Moves

Nov 12, 2020 • by ETF Professor
New ETF Could Have Right Internet Retail Moves
Read

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 -0.0339%. This is the percent change in the value of EWEB over the most recent 1-month period. The 3-month return on EWEB is -0.0043%. 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 0.3617%. 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, IXJ, and SMH.

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

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

Disclaimers

*

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.