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ETFs

FMQQ The Next Frontier Internet & Ecommerce ETF

FMQQ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 27 2021
Expense Ratio
0.86%
Type
Global Ex. US Equities
Fund Owner
Exchange Traded Concepts
Volume (1m avg. daily)
$64,367
AUM
$17,885,000
Associated Index
FMQQ The Next Frontier Internet & Ecommerce Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

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Invest with FMQQ

What is FMQQ?

FMQQ is designed to provide investors with exposure to the Internet and Ecommerce sectors of the developing world. Many investors believe that the growth of consumption in Emerging Markets represents a significant growth opportunity as more than one billion people are expected to enter the consumer class in the coming decades1. Increasingly, these consumers are using smartphones and broadband mobile connections to access the Internet. FMQQ holds over 60 companies operating in Emerging and Frontier Markets beyond China, including India, Brazil, Russia, South Korea, Taiwan, South Africa, Mexico, Argentina, Malaysia, Thailand, Indonesia, Vietnam, Philippines, Turkey, Czech Republic, Poland, Singapore, Netherlands, Cyprus, Kazakhstan, and the United Arab Emirates.

ETFs related toFMQQ

ETFs correlated to FMQQ include XAUG, GAUG, CGXU

FMQQ
Exchange Traded Concepts Trust - FMQQ The Next Frontier Internet & Ecommerce ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
CGXU
Capital Group Companies Inc - Capital Group International Focus Equity ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
ROBO
Exchange Traded Concepts Trust - ROBO Global Robotics and Automation Index ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
PNQI
Invesco Capital Management LLC - Invesco NASDAQ Internet ETF
IBUY
Amplify ETF Trust - Amplify Online Retail 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 toFMQQ

#PTC

Pick the Trending Commodity

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Living With High Inflation, Ride the Momentum

Risk Rating

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#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

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Create your own algorithmic trading strategy with FMQQ using Composer

FAQ

FMQQ is a Global Ex. US Equities ETF. FMQQ is designed to provide investors with exposure to the Internet and Ecommerce sectors of the developing world. Many investors believe that the growth of consumption in Emerging Markets represents a significant growth opportunity as more than one billion people are expected to enter the consumer class in the coming decades1. Increasingly, these consumers are using smartphones and broadband mobile connections to access the Internet. FMQQ holds over 60 companies operating in Emerging and Frontier Markets beyond China, including India, Brazil, Russia, South Korea, Taiwan, South Africa, Mexico, Argentina, Malaysia, Thailand, Indonesia, Vietnam, Philippines, Turkey, Czech Republic, Poland, Singapore, Netherlands, Cyprus, Kazakhstan, and the United Arab Emirates.

FMQQ tracks the FMQQ The Next Frontier Internet & Ecommerce Index.

No, FMQQ 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, FMQQ 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 FMQQ is -0.0259%. This is the percent change in the value of FMQQ over the most recent 1-month period. The 3-month return on FMQQ is -0.0191%. This is the percent change in the value of FMQQ over the most recent 3-month period.

The standard deviation of FMQQ for the past year is 0.2529%. 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 FMQQ include IXJ, SMH, and URA.

ETFs correlated to FMQQ include XAUG, GAUG, and CGXU.

ETFs that are inversely correlated to FMQQ include HIBS, EDZ, and SARK.

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.