The Next Frontier Internet & Ecommerce ETF (FMQQ)

NYSEARCA: FMQQ · IEX Real-Time Price · USD
11.48
-0.37 (-3.15%)
At close: May 24, 2022 3:56 PM
11.48
0.00 (0.02%)
After-hours:May 24, 2022 6:30 PM EDT
Assets$15.65M
NAV$11.81
Expense Ratio0.86%
PE Ration/a
Shares Out1.33M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend Daten/a
1-Year Return-54.83%
Volume2,554
Open11.45
Previous Close11.85
Day's Range11.43 - 11.55
52-Week Low10.23
52-Week High25.97
Beta-2.02
Holdings72
Inception DateSep 28, 2021

About FMQQ

The fund invests in securities comprising the index or in depositary receipts representing securities of the index. The index was designed by Big Tree Capital LLC to measure the performance of an investable universe of publicly traded emerging market and frontier market internet and ecommerce companies. Under normal circumstances, the fund will invest at least 80% of its net assets in the securities of internet companies. The fund is non-diversified.

Asset ClassEquity
RegionGlobal
IssuerExchange Traded Concepts
Stock ExchangeNYSEARCA
Ticker SymbolFMQQ
Index TrackedThe Next Frontier Internet and Ecommerce Index

Top 10 Holdings

59.79% of assets
NameSymbolWeight
Reliance Industries LtdRELIANCE.NS9.42%
NAVER Corp035420.KS7.42%
MercadoLibreMELI6.76%
PT Goto Gojek Tokopedia TbkGOTO.JK5.89%
NEXON Co Ltd3659.T5.77%
Kakao Corp035720.KS5.69%
Sea LimitedSE5.13%
Grab HoldingsGRAB4.94%
CoupangCPNG4.76%
XP Inc.XP4.02%
View More Holdings

News

South Korean E-Commerce Giant Coupang Reports Record Profits

South Korean e-commerce company Coupang reported the highest gross profit and gross profit margin in its history this week, helping it achieve profitability in one of its core segments. Total gross prof...

Other symbols:EMQQ
4 days ago - ETF Trends

India's Largest Telecom Company Sees Massive Growth

Reliance Jio, India's largest telecom company, is growing its digital presence in the country and is primed to be a tech leader. The Reliance Industries subsidiary announced that its sales for the quart...

Other symbols:EMQQINQQ
1 week ago - ETF Trends

Social Media Pivotal in Emerging Markets Online Retail

Investors focusing on the domestic side of the online retail industry are just beginning to get acquainted with social commerce, or the marriage of social media and online retail. While social commerce ...

Other symbols:EMQQ
1 week ago - ETF Trends

Looking at the Case for Emerging Markets CBDCs

As the landscape of digital currencies evolves, more governments and central banks are looking to enter the arena with elevated regulations and even their own currencies. Those are known as central bank...

1 week ago - ETF Trends

MercadoLibre's Strong Earnings Should Bolster This ETF

MercadoLibre (NASDAQ: MELI) managed to buck the trend of weak earnings with a strong set of numbers. The Argentina-based e-commerce business achieved a new record of over $2.2 billion in total revenues ...

Other symbols:MELI
2 weeks ago - ETF Trends

Brazil Internet Opportunity Beckons With FMQQ

Previously beloved domestic and Chinese e-commerce and online retail equities are, broadly speaking, out of favor with investors this year. With the U.S. and China being the dominant investable countrie...

2 weeks ago - ETF Trends

MercadoLibre Shows Long-Term Potential Despite Short-Term Volatility

MercadoLibre Inc. (MELI) has been one of the biggest success stories in emerging markets over the past 10 years. Since launching its IPO in 2007, the Buenos Aires-based e-commerce giant has seen an annu...

Other symbols:EMQQ
2 weeks ago - ETF Trends

Fed Tightening Doesn't Have to Doom Emerging Markets

It is widely believed that the Federal Reserve has multiple interest rate hikes ahead of it this year and that it could get more aggressive with rate tightening in a bid to damp high inflation. Conventi...

Other symbols:EMQQ
2 weeks ago - ETF Trends

How to Spot the Next Emerging Markets Growth Stories

For years, emerging markets indexes and exchange traded funds relied on China as a primary driver of returns. That's particularly true of those offerings focusing on growth and consumer internet stocks.

3 weeks ago - ETF Trends

This Stock Could Fuel FMQQ Rally

The battering Netflix (NASDAQ:NFLX) endured on Thursday could discourage investors from engaging with various internet equities and the related exchange traded funds, but market participants should be c...

1 month ago - ETF Trends

These EM Funds Offer Long-Term Growth Potential Amidst Short-Term Inflation Fears

Investors are increasingly worried about global inflation and rising interest rates. Inflation has risen across the globe, leading many emerging markets to enter a stagflation phase, according to the In...

Other symbols:EMQQINQQ
1 month ago - ETF Trends

Targeted ETF Plays to Access Tomorrow's Best Internet Opportunities

This exchange traded fund strategy is designed to capitalize on the opportunities at the forefront of India's internet and e-commerce sector. In the recent webcast, For Tomorrow's Brightest Internet Opp...

Other symbols:EMQQINQQ
1 month ago - ETF Trends

For Tomorrow's Brightest Internet Opportunities, Look to India

The digitization of India has reached an inflection point. The conditions and technology born in Silicon Valley have now spread, evolved, and matured worldwide, creating billions of digital natives and ...

Other symbols:EMQQINQQ
1 month ago - ETF Trends

Bright Digital Future Emerging in This Region

The U.S. and other developed markets are heavily digitized. The same goes for China, Japan, and other parts of the Asia-Pacific region.

1 month ago - ETF Trends

Latin America's Digital Story Just Getting Started

The digital story in Latin America is still in very early stages relative to both the U.S. and China and has potential to grow considerably, according to the latest monthly report from the Next Frontier...

1 month ago - ETF Trends

Top Strategist Turns Bullish on Emerging Markets Stocks

Emerging markets stocks have long tried investors' patience, but some green shoots are appearing for the asset class, including constructive comments from a noted market strategist. In a Monday note to ...

Other symbols:EMQQ
1 month ago - ETF Trends

New ETF Taps Into India E-Commerce Growth

EMQQ Global introduced the India Internet and Ecommerce ETF (NYSE Arca: INQQ) earlier this week. That makes INQQ the newest member of the U.S.-listed India exchange traded funds group.

Other symbols:EMQQINQQ
1 month ago - ETF Trends

New Brand and New Fund as Kevin T. Carter and the EMQQ Global Team Launch Internet and Ecommerce ETF Focused on India...

SAN FRANCISCO--(BUSINESS WIRE)--Kevin T. Carter and the EMQQ Global team announce new brand and launch of their third ETF: the India Internet and Ecommerce ETF (INQQ).

Other symbols:EMQQ
1 month ago - Business Wire

Surprise Safety in This Emerging Markets ETF

As has been widely documented, Russia's instigated war against Ukraine is a drag on traditional emerging markets benchmarks this year. Until recently, China hadn't been doing investors any favors, either.

1 month ago - ETF Trends

Locating Pockets of Emerging Markets Opportunity

China and Russia continue ensuring that these are volatile times for emerging markets assets, including equities, but those aren't the only two developing economies that market participants should be ev...

1 month ago - ETF Trends

Good Time to Dodge China Volatility With This ETF

While Russia is garnering much of the negative emerging markets publicity this year, and rightfully so, China remains an issue for investors to consider, though for different reasons. In other words, in...

1 month ago - ETF Trends

Global Investors Continue to Flock Towards Brazil

Global money managers continue to find Brazil-based equities an attractive bet, drawn in by low prices after years of underperformance. Data compiled by Bloomberg show that Brazilian equities received $...

Other symbols:EMQQ
2 months ago - ETF Trends

EMQQ's Kevin T. Carter on China: “There Is No Immediate Delisting Threat”

Fears of Chinese companies being delisted from U.S. exchanges were somewhat assuaged when Beijing announced that it was prepared to make a concession on disclosing Chinese audit information to U.S. regu...

Other symbols:EMQQ
2 months ago - ETF Trends

This EM ETF Has the Right Ingredients

Chinese internet stocks and the related exchange traded funds rallied in breathtaking fashion on Wednesday, but that doesn't mean that over a year of regulatory concerns was erased, and it certainly has...

2 months ago - ETF Trends

Investors Eye Emerging Markets Alternatives to Russia

Since invading Ukraine, Russia has been ostensibly cut off from the global economy. In addition to multiple U.S. index providers pulling Russian stocks from their indexes at a price of “zero” or “effect...

Other symbols:EMQQ
2 months ago - ETF Trends