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ETFs

Global X MSCI Next Emerging & Frontier ETF

EMFM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 07 2013
Expense Ratio
0.55%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$13,625
AUM
$22,693,405
Associated Index
MSCI Select Emerging and Frontier Markets Access Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

EAND
Emirates Telecommunication Group Company
1.97%
WALMEX
Wal-mart de Mexico S A B de C V
1.96%
TLKM
Telkom Indonesia (Persero) Tbk PT - Ordinary Shares - Class B
1.80%
NBK
National Bank of Kuwait
1.72%
STC
SAUDI TELECOM CO
1.72%
BBCA
Bank Central Asia Tbk PT
1.69%
GFNORTEO
Grupo Financiero Banorte - Ordinary Shares - Class O
1.55%
CEZ
Cez, A.S.
1.47%
SHP
Shoprite Holdings Ltd
1.38%
HPG
Hoa Phat Group Jsc
1.36%
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 EELV, VEU, IXUS

EMFM
Global X Funds - Global X MSCI Next Emerging & Frontier ETF
EELV
Invesco Capital Management LLC - Invesco S&P Emerging Markets Low Volatility ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
IQDF
FlexShares Trust - FlexShares International Quality Dividend Index Fund
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield 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

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DGE

Diversify with Global Exposure

Category

Momentum, Tactical Asset Allocation, Go Global, Diversification

Risk Rating

Aggressive

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.

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 -0.0254%. This is the percent change in the value of EMFM over the most recent 1-month period. The 3-month return on EMFM is 0.0014%. 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 0.117%. 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, VEA, and EFA.

ETFs correlated to EMFM include EELV, VEU, and IXUS.

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.