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Sunday, August 23, 2026The Morning Brief →Sign in

Global X Funds - Global X Emerging Markets ETF

$43.76+0.82% today
304752-WK

The fund is an actively managed ETF advised by the Adviser and sub-advised by the Sub-Adviser that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers in emerging markets; and/or (ii) that are tied economically to emerging markets.

Price & daily flows
43.538.533.543.76DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +25.9% so far this year. At 0.75% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$27Massets under management
0.75%expense ratio · $75 per $10,000 a year
net flow, trailing month
4Kavg daily volume, 30 days
71holdings
2010listed September 23, 2010 · beta 1.63
The book at a glance
NDIA+0.2%BRAZ+3.0%TSM+0.7%VIST-1.3%FNV+2.9%DNPMELI0282602.6%0555502.5%4023402.4%28811.7%RJHI1.7%CPI1.6%0032301.4%23821.3%SNB1.3%FSR1.2%ALPHA1.1%36611.0%ANTO1.0%52741.0%ALDAR0.9%WALMEX*0.9%0354200.9%0340200.8%2672600.8%ADNOCDRI0.7%VESTA*0.7%009150OTPHSBKGFNORTEOKAP233014.8%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1NDIAGLOBAL X INDIA ACTIVE ETF17.69%$27.57+0.2%
2CLSCELESTICA0.50%$296.55-1.8%
3BRAZGLOBAL X BRAZIL ACTIVE ETF5.93%$30.53+3.0%
4TSMTAIWAN SEMICONDUCTOR2.87%$418.95+0.7%
5VISTVISTA ENERGY SAB DE CV1.04%$69.58-1.3%
6FNVFRANCO NEVADA0.96%$265.74+2.9%
7DNPDNP SELECT INCOME FUND0.54%$10.88-1.1%
8MELIMERCADOLIBRE0.61%$1922.73+0.0%
9028260SAMSUNG C&T CORP2.61%
10055550SHINHAN FINANCIAL GROUP LTD2.46%
11402340SK SQUARE LTD2.36%
122881FUBON FINANCIAL HOLDING LTD1.67%
13RJHIAl Rajhi Banking & Investment Corp SJSC1.66%
14CPIIQ REAL RETURN ETF1.56%
15003230SAM YANG FOODS LTD1.42%

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Sector weights
Information Technology32.05%
Other28.35%
Technology27.01%
Electronic Technology24.86%
Consumer Discretionary21.33%
Financial Services21.01%
Finance20.95%
Financials19.81%
Consumer Cyclical19.02%
Industrials12.79%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
India30.59%
Other27.15%
Taiwan20.69%
Taiwan (Province of China)20.1%
South Korea15.3%
Korea (the Republic of)15.27%
China10.79%
Brazil9.11%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.2%
1 month+4.8%
3 months+2.1%
6 months+13.5%
YTD+25.9%
1 year+44.0%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
SepOctNovDecJanFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
30%realized volatility, 30 days (annualized)
27%realized volatility, 1 year
-17.8%deepest fall from a peak, 1 year
-7.5%where it sits vs. that peak today

The top holding is 17.7% of the book; the top ten carry 65%. Spread across 46+ names, it behaves like roughly 14 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against EMM

Due diligence cuts both ways. These funds sit on the same shelf and beat EMM on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-71bp on fee · 1191× the assets · +$104M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M-68bp on fee · 7037× the assets · +$631M in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B-66bp on fee · 5851× the assets · +$1.9B in over the monthHead-to-head
IAGG iShares Core International Aggregate Bond ETF0.07%$11.4B+$739M-68bp on fee · 415× the assets · +$739M in over the monthHead-to-head
IXUS iShares Core MSCI Total International Stock ETF0.07%$46.2B-68bp on fee · 1683× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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