Emerging MarketsThis is just a question for thought, not a trade recommendation: Could the Emerging Markets Internet & Ecommerce ETF (EMQQ) be ready for a breakout?
It's quite rare to find a chart where price has consolidated and appears to be breaking out, and at the same time, the oscillators are ready to move
Key stats
About EMQQ The Emerging Markets Internet ETF
Home page
emqqetf.com
Inception date
Nov 13, 2014
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Exchange Traded Concepts LLC
Distributor
SEI Investments Distribution Co.
EMQQ offers straightforward equity exposure to internet and e-commerce in emerging markets. The index-based fund targets firms engaged in internet service, retail, broadcasting and media, and online advertising, gaming, travel, search engines and social networks. Firms must derive most of their revenue or assets in these industries in emerging markets to make the cut. Thus, the fund does not try to pick winners. Stocks are cap-weighted, subject to free-float adjustments and concentration limits, including a max stake of 8%. Still, expect significant exposure to industry leaders. The index is rebalanced semi-annually. Prior to May 30, 2024, the index name was EMQQ The Emerging Markets Internet & Ecommerce Index. This index change increased the minimum market-cap requirement and placed caps on China and South Korea exposure. Before July 16, 2024, the fund was named EMQQ The Emerging Markets Internet & Ecommerce ETF.
Classification
What's in the fund
Exposure type
Retail Trade
Technology Services
Finance
Stock breakdown by region
Top 10 holdings
EEM Still China’s Most Liquid ETF, But EMQQ Clearly Outperforms Emerging market ETFs are on my mind this weekend as I contemplate risk on assets that outperform US benchmark ETFs and can act as a form of high portfolio growth (also high portfolio beta in some instances) in a time when real yield is insatiable. Mainly, I want to focus on an emerging market ETF, E
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.