EMC: GLOBAL X EMERGING MARKETS GREAT CONSUMER ETF
What this ETF is trying to do
The GLOBAL X EMERGING MARKETS GREAT CONSUMER ETF (ticker: EMC) is designed to invest in companies within emerging markets that are part of the consumer sector. This ETF focuses on businesses that provide goods and services to people in growing economies around the world.
What the numbers show
The data shows that EMC has experienced significant growth in its share price over different time periods.
• Year-to-Date (YTD): The price return is approximately 23.90%. When including distributions, the YTD total return is approximately 24.16%.
• One-Year: The price return was approximately 19.87%, while the total return was approximately 20.63%.
• Three-Year: The price return was approximately 60.31%, and the total return was approximately 65.21%.
To understand the price movement, we can look at an estimated price from roughly one year ago, which was $31.78. The current price is $38.09.
Income and distribution explanation
This ETF provides some cash income through distributions. The current distribution yield is approximately 0.55%. Over the last 12 months, there were 2 distributions. The frequency of these payments is described as "irregular" or "less frequent." It is important to remember that a distribution yield tells you how much cash was paid out relative to the price, but it is not the same as the total return.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, looking at price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• Strong Price Growth: The ETF has shown high price returns over the last year and three years.
• Positive Total Returns: The total return figures (which include distributions) are higher than the price-only returns, showing that distributions added to the overall value.
• Low Erosion Risk: Based on the supplied erosion score, there are no signs of price deterioration.
Cons
• Low Distribution Frequency: The income is not paid out regularly, which might be a concern for investors looking for steady monthly checks.
• Lower Yield: The distribution yield is relatively low at approximately 0.55%.
Beginner takeaway
The EMC ETF has shown strong growth in its share price over the last three years. While it does pay distributions, they are infrequent and the yield is relatively low. The data suggests the fund has not experienced price erosion. Always remember that past performance does not guarantee what will happen in the future.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | n/a | 14.87% |
| 2 | SAMSUNG ELECTRONICS CO LTD DR | SSNHZ | 7.91% |
| 3 | MEDIATEK INC | n/a | 4.29% |
| 4 | SK HYNIX INC | n/a | 3.83% |
| 5 | TENCENT HOLDINGS LTD | n/a | 3.66% |
| 6 | n/a | n/a | 3.36% |
| 7 | DELTA ELECTRONICS INC | n/a | 2.52% |
| 8 | SHINHAN FINANCIAL GROUP CO LTD | n/a | 2.35% |
| 9 | HONG KONG EXCHANGES AND CLEARING LTD | n/a | 2.23% |
| 10 | ITAU UNIBANCO HOLDING SA ADR | ITUB | 2.07% |