GLOBAL X MSCI EMERGING MARKETS INDEX ETFGLOBAL X MSCI EMERGING MARKETS INDEX ETFGLOBAL X MSCI EMERGING MARKETS INDEX ETF

GLOBAL X MSCI EMERGING MARKETS INDEX ETF

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Key stats


Assets under management (AUM)
‪69.20 M‬CAD
Fund flows (1Y)
‪29.39 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
0.4%
Shares outstanding
‪2.35 M‬
Expense ratio

About GLOBAL X MSCI EMERGING MARKETS INDEX ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
May 14, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
MSCI Emerging Markets Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Global X Investments Canada, Inc.
The fund is passively managed, offering exposure to large- and mid-cap stocks from the emerging markets that account for nearly 11% of the global opportunity set. The countries leading the index include China, India, Taiwan, South Korea, and Brazil. The fund may hold index participation units of ETFs or derivatives, including swap agreements, futures contracts, options on futures contracts, forward contracts, options on securities and indices, money market instruments, and reverse repurchase agreements.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Geography
Emerging Markets
Weighting scheme
Market cap
Selection criteria
Market cap
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.

Broaden your horizons with more funds linked to EMMX via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EMMX trades at 29.08 CAD today, its price has fallen −0.20% in the past 24 hours. Track more dynamics on EMMX price chart.
EMMX net asset value is 29.30 today — it's risen 10.17% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EMMX assets under management is ‪69.20 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EMMX price has risen by 8.88% over the last month, and its yearly performance shows a 5.48% increase. See more dynamics on EMMX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.17% over the last month, showed a 0.90% increase in three-month performance and has increased by 6.05% in a year.
EMMX fund flows account for ‪29.39 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EMMX expense ratio is 0.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EMMX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EMMX technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EMMX shows the strong buy signal. See more of EMMX technicals for a more comprehensive analysis.
No, EMMX doesn't pay dividends to its holders.
EMMX trades at a premium (0.39%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EMMX shares are issued by Mirae Asset Global Investments Co., Ltd.
EMMX follows the MSCI Emerging Markets Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 14, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.