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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$35.64

$639 M

0.00%

$0.00

0.86%

Vitals

YTD Return

19.9%

1 yr return

-5.7%

3 Yr Avg Return

-0.6%

5 Yr Avg Return

-3.3%

Net Assets

$639 M

Holdings in Top 10

65.5%

52 WEEK LOW AND HIGH

$35.6
$21.66
$42.02

Expenses

OPERATING FEES

Expense Ratio 0.86%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 71.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$35.64

$639 M

0.00%

$0.00

0.86%

EMQQ - Profile

Distributions

  • YTD Total Return 19.9%
  • 3 Yr Annualized Total Return -0.6%
  • 5 Yr Annualized Total Return -3.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.61%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    EMQQ The Emerging Markets Internet & Ecommerce ETF
  • Fund Family Name
    EMQQ
  • Inception Date
    Nov 12, 2014
  • Shares Outstanding
    20503244
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Dustin Lewellyn

Fund Description

The Fund will normally invest at least 80% of its net assets in securities of the Index or in depositary receipts representing securities of the Index. The Index is designed to measure the performance of an investable universe of publicly-traded, emerging market internet and ecommerce companies. Companies eligible for inclusion in the Index will derive a majority of their assets or revenues from internet and ecommerce activities in emerging market nations (collectively, “Internet Companies”). Internet Companies include constituents from, but not limited to, companies in the following sectors, as defined by Big Tree Capital LLC (the “Index Provider”): Internet Services, Internet Retail, Internet Broadcasting, Internet Media, Online Advertising, Online Travel, Online Gaming, Search Engines, and Social Networks. Products and/or services of Internet Companies may include internet, mobile, and telecommunication value-added services, online advertising, online direct sales, internet security software and services, mobile applications, e-mail service, web portals, electronic media subscription services, online entertainment, and online gaming services. Internet Companies eligible for inclusion in the Index must hold a majority of their assets in or derive a majority of their revenues from one or more of the following 46 currently eligible emerging market or frontier market nations: Argentina, Bahrain, Bangladesh, Brazil, Chile, China, Colombia, Croatia, Czech Republic, Egypt, Estonia, Greece, Hungary, India, Indonesia, Jordan, Kazakhstan, Kenya, Kuwait, Lebanon, Lithuania, Malaysia, Mauritius, Mexico, Morocco, Nigeria, Oman, Pakistan, Peru, Philippines, Poland, Qatar, Romania, Russia, Saudi Arabia, Serbia, Slovenia, South Africa, South Korea, Sri Lanka, Taiwan, Thailand, Tunisia, Turkey, United Arab Emirates, and Vietnam. From time to time, the Index may be more heavily weighted in a single country or a small number of countries. As of December 1, 2021, Chinese and Hong Kong securities composed a significant portion of the Index.

Eligible Index constituents include publicly issued common equity securities, exchange-traded American Depositary Receipts (ADRs), American Depositary Shares (ADSs), Global Depositary Receipts (GDRs), and International Depositary Receipts (IDRs) of Internet Companies that have a free-float adjusted market capitalization of at least $300 million at the time of inclusion in the Index. A free-float adjusted market capitalization of at least $200 million is required for ongoing inclusion in the Index. Index constituents are weighted by their modified float-adjusted market capitalization in accordance with the index methodology developed by the Index Provider. “Float-adjusted” means that the share amounts used in calculating the Index reflect only shares available to investors. Eligible constituents must have a three-month average daily turnover of at least $1 million. Shares held by control groups, public companies and government agencies are excluded. Companies traded in markets with restrictions on foreign ownership may be excluded from the Index as well.

The target weight of any single position is limited to 8% of the Index. At each semi-annual rebalance of the Index, any security with an Index weighting of greater than 8% will be rebalanced back to 8% and the excess weighting will be applied proportionally to all remaining Index constituents. Then, all positions whose float-adjusted market capitalization weights are over 5% are added together. If the total weight is less than 50%, no further modifications are made. If the total weight is equal to or greater than 50% then the highest weighted position is capped at 8%. The excess weight is then applied on a pro-rata basis to all the remaining index constituents and the process is then repeated, if necessary, with the next largest stock being capped at a weight 0.5% less than the previous constituent (i.e., 7.5%, 7%, 6.5%, 6%, 5.5%, 5%, 4.5%) until the total combined weight of index constituents over 5% is less than 50%. The 4.5% maximum target weight is then applied to all the remaining stocks. Due to market actions, security weights may fluctuate above the targeted caps set forth above between semi-annual Index rebalances.

Solactive AG (the “Index Administrator”) rebalances the Index semi-annually on the third Friday of June and December. Index maintenance performed by the Index Administrator includes monitoring and implementing any adjustments, additions and deletions to the Index based upon the Index methodology or certain corporate actions, such as initial public offerings, mergers, acquisitions, bankruptcies, suspensions, de-listings, tender offers and spin-offs. The Index is unmanaged and cannot be invested in directly.

The Fund employs a “passive management” investment strategy in seeking to achieve its investment objective. The Fund generally will use a replication methodology, meaning it will invest in all of the securities comprising the Index in proportion to the weightings in the Index. However, the Fund may utilize a sampling methodology under various circumstances, including when it may not be possible or practicable to purchase all of the securities in the Index. Exchange Traded Concepts, LLC (the “Adviser”) expects that over time, if the Fund has sufficient assets, the correlation between the Fund’s performance, before fees and expenses, and that of the Index will be 95% or better. A figure of 100% would indicate perfect correlation.

The Fund may invest up to 20% of its assets in investments that are not included in the Index, but which the Adviser or Penserra Capital Management LLC (the “Sub-Adviser or “Penserra”) believe will help the Fund track the Index. Such investments include cash and cash equivalents, other investment companies and other securities not included in the Index.

The Fund will concentrate its investments (i.e., invest more than 25% of its total assets) in a particular industry or group of industries to approximately the same extent that the Index concentrates in an industry or group of industries. As of December 1, 2021, the Index was concentrated in the internet software and services industry. In addition, in replicating the Index, the Fund may from time to time invest a significant portion of its assets in the securities of companies in one or more sectors. As of December 1, 2021, a significant portion of the Index consisted of companies in the communications services and consumer discretionary sectors.

The Index Provider is not affiliated with the Fund, the Adviser, or the Sub-Adviser. The Index Provider developed the methodology for determining the securities to be included in the Index and for the ongoing maintenance of the Index. The Index is calculated by the Index Administrator, which is not affiliated with the Fund, the Adviser, the Sub-Adviser, or the Index Provider.

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EMQQ - Performance

Return Ranking - Trailing

Period EMQQ Return Category Return Low Category Return High Rank in Category (%)
YTD 19.9% -32.7% 19.9% 0.12%
1 Yr -5.7% -50.4% 7.5% 8.92%
3 Yr -0.6%* -21.2% 68.6% 31.21%
5 Yr -3.3%* -14.2% 32.5% 44.56%
10 Yr N/A* -12.0% 11.3% N/A

* Annualized

Return Ranking - Calendar

Period EMQQ Return Category Return Low Category Return High Rank in Category (%)
2022 -30.7% -50.1% 15.9% 88.50%
2021 -17.9% -30.3% 16.3% 98.94%
2020 21.7% -7.2% 79.7% 0.41%
2019 7.6% -14.2% 9.4% 2.01%
2018 -6.8% -11.5% 24.0% 99.54%

Total Return Ranking - Trailing

Period EMQQ Return Category Return Low Category Return High Rank in Category (%)
YTD 19.9% -50.8% 19.9% 0.12%
1 Yr -5.7% -50.4% 30.2% 9.26%
3 Yr -0.6%* -21.2% 68.6% 31.49%
5 Yr -3.3%* -14.2% 32.5% 47.10%
10 Yr N/A* -12.0% 11.3% N/A

* Annualized

Total Return Ranking - Calendar

Period EMQQ Return Category Return Low Category Return High Rank in Category (%)
2022 -30.7% -50.1% 15.9% 88.50%
2021 -17.9% -30.3% 16.3% 99.08%
2020 21.7% -7.2% 79.7% 0.41%
2019 7.6% -14.2% 10.3% 2.01%
2018 -6.8% -9.7% 24.0% 99.54%

EMQQ - Holdings

Concentration Analysis

EMQQ Category Low Category High EMQQ % Rank
Net Assets 639 M 717 K 102 B 41.66%
Number of Holdings 141 2 6734 36.01%
Net Assets in Top 10 418 M 565 19.3 B 31.76%
Weighting of Top 10 65.54% 2.8% 100.0% 0.60%

Top 10 Holdings

  1. Reliance Industries Ltd 10.63%
  2. Reliance Industries Ltd 10.63%
  3. Reliance Industries Ltd 10.63%
  4. Reliance Industries Ltd 10.63%
  5. Reliance Industries Ltd 10.63%
  6. Reliance Industries Ltd 10.63%
  7. Reliance Industries Ltd 10.63%
  8. Reliance Industries Ltd 10.63%
  9. Reliance Industries Ltd 10.63%
  10. Reliance Industries Ltd 10.63%

Asset Allocation

Weighting Return Low Return High EMQQ % Rank
Stocks
100.12% 0.90% 110.97% 2.36%
Preferred Stocks
0.00% 0.00% 2.67% 25.38%
Other
0.00% -1.48% 9.95% 20.31%
Convertible Bonds
0.00% 0.00% 7.40% 8.26%
Bonds
0.00% -0.03% 55.68% 20.52%
Cash
-0.12% -23.67% 20.19% 95.99%

EMQQ - Expenses

Operational Fees

EMQQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.01% 2.69% 78.64%
Management Fee 0.86% 0.00% 2.00% 47.34%
12b-1 Fee 0.00% 0.00% 1.00% 1.12%
Administrative Fee N/A 0.01% 0.85% N/A

Sales Fees

EMQQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

EMQQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EMQQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 71.00% 0.00% 190.00% 70.98%

EMQQ - Distributions

Dividend Yield Analysis

EMQQ Category Low Category High EMQQ % Rank
Dividend Yield 0.00% 0.00% 12.58% 59.39%

Dividend Distribution Analysis

EMQQ Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

EMQQ Category Low Category High EMQQ % Rank
Net Income Ratio -0.61% -1.98% 17.62% 90.80%

Capital Gain Distribution Analysis

EMQQ Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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EMQQ - Fund Manager Analysis

Managers

Dustin Lewellyn


Start Date

Tenure

Tenure Rank

Nov 12, 2014

7.55

7.6%

Dustin Lewellyn, CFA. Mr. Lewellyn has extensive background in institutional investment process with a specific focus on exchange-traded funds (“ETFs”). Mr. Lewellyn was a portfolio manager at BGI (now part of Blackrock), and he managed a number of international equity funds. Dustin also was head of ETF product management and product development at Northern Trust where he oversaw the build out and management of all areas of a new ETF business, including primary responsibility for the portfolio management process surrounding the ETFs. Mr. Lewellyn also built and ran a new ETF business for Charles Schwab, including having primary responsibility for the technology and investment process to support portfolio management for the ETFs. Mr. Lewellyn started a consulting business with a focus on ETFs and helped numerous new ETF sponsors, as well as service providers, understand the resource requirements to participate in the industry utilizing current best practices. Mr. Lewellyn holds a B.A. from University of Iowa and is a CFA Charterholder. He also holds security licenses 7, 63, 66 and 24.

Ernesto Tong


Start Date

Tenure

Tenure Rank

Dec 29, 2015

6.42

6.4%

Mr. Tong has been a managing director with Penserra since 2015. Prior to joining Penserra, Mr. Tong spent seven years as a vice president at Blackrock, where he was a portfolio manager for a number of the iShares ETFs, and prior to that, he spent two years in the firm’s index research group.

Anand Desai


Start Date

Tenure

Tenure Rank

Dec 29, 2015

6.42

6.4%

Anand Desai. Mr. Desai has been an Associate with Penserra since 2015. Prior to joining the Penserra Capital Management, LLC, Mr. Desai was a portfolio fund accountant at State Street for five years.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.43 13.42