FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ)

NYSEARCA: FMQQ · IEX Real-Time Price · USD
11.88
+0.18 (1.55%)
Mar 1, 2024, 4:00 PM EST - Market closed
1.55%
Assets $19.90M
Expense Ratio 0.86%
PE Ratio 28.90
Shares Out 1.95M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return +15.47%
Volume 9,900
Open 11.79
Previous Close 11.69
Day's Range 11.79 - 11.93
52-Week Low 9.56
52-Week High 11.93
Beta 1.09
Holdings 78
Inception Date Sep 28, 2021

About FMQQ

Fund Home Page

The FMQQ Next Frontier Internet & Ecommerce ETF (FMQQ) is an exchange-traded fund that is based on the FMQQ index. The fund is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets. FMQQ was launched on Sep 28, 2021 and is issued by Exchange Traded Concepts.

Asset Class Equity
Category Diversified Emerging Mkts
Stock Exchange NYSEARCA
Ticker Symbol FMQQ
Index Tracked FMQQ Index

Top 10 Holdings

61.02% of assets
Name Symbol Weight
Reliance Industries Ltd RELIANCE.NS 9.18%
Nu Holdings Ltd. NU 7.58%
Sea Limited SE 6.84%
MercadoLibre, Inc. MELI 6.83%
Bajaj Finance Ltd BAJFINANCE.NS 5.96%
Coupang, Inc. CPNG 5.63%
NAVER Corp 035420.KS 5.48%
Jio Financial Services Ltd JIOFIN.NS 4.97%
Zomato Ltd ZOMATO.NS 4.27%
Kakao Corp 035720.KS 4.27%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 26, 2023 $0.01197 Dec 29, 2023
Full Dividend History

News

Consider EMQQ & FMQQ for Tax Loss Harvesting China Tech Stocks

It's been a tough time for China tech stocks. Stringent COVID lockdowns and a property market crash have hit the world's second-largest economy – and sector – hard.

Other symbols: EMQQ
1 year ago - ETF Trends

Some Strategists Say Now's the Time to Buy Into Emerging Markets

This year, emerging markets have been battered by weak markets, high inflation, and a strong U.S. dollar. While the S&P 500 is down 22% so far this year, the MSCI Emerging Market Index has fallen 29%.

Other symbols: EMQQINQQ
1 year ago - ETF Trends

Why Investors Should be Looking at Emerging Markets ETF Opportunities

As we look to the positive trends that will support the developing economies, investors can utilize a focused emerging markets exchange traded fund strategy to capture these overseas opportunities. In...

Other symbols: EMQQ
1 year ago - ETF Trends

Burton Malkiel on Emerging Markets: The Next Decade of Global Growth & How to Capture It

Investors can turn to targeted exchange traded fund strategies to tap into the potential growth opportunities in developing economies. In the upcoming webcast, Burton Malkiel on Emerging Markets: The ...

Other symbols: EMQQ
1 year ago - ETF Trends

India E-Tail Market to Reach $170 Billion in 5 Years

India's e-commerce market has been growing at a rapid clip, thanks to some strong fundamentals within the country and its online retail infrastructure. The country's e-retail market is estimated to re...

1 year ago - ETF Trends

Emerging Markets Showing Resilience in the Face of Global Economic Slowdown

While the Federal Reserve continues to raise interest rates at an aggressive pace, the U.S. dollar rises, and the global economy faces a possible recession, emerging markets are showing a surprising r...

Other symbols: EMQQINQQ
1 year ago - ETF Trends

VC Investor: “The Buzz Around India Is Not Unfounded”

While emerging markets have been in a bear market, India continues to be the most promising country in the sector. Not only has the country recently overtaken the U.K. as the world's fifth-biggest eco...

Other symbols: INQQ
1 year ago - ETF Trends

Emerging Markets Stocks Are “Outstandingly Cheap” and Expected to Rally

While emerging markets have been through a very tough time — down 40% peak-to-trough — the upshot is that EM stocks are “outstandingly cheap,” according to Morgan Stanley's chief Asia and emerging mar...

Other symbols: EMQQINQQ
1 year ago - ETF Trends

ETF Investors Should Consider a Growing Opportunity in the Emerging Markets

The rising middle-income consumer class in the developing economies could create staggering growth, bolstering the case for the emerging markets and a targeted EM consumer exchange traded fund strateg...

Other symbols: EMQQINQQ
1 year ago - ETF Trends

Nubank Gains 70 Million Customers in Latin America

Nubank is seeing meteoric growth and is continuing to expand. The São Paulo-based digital bank has garnered 70 million customers in Latin America, making it the fifth-largest financial institution in ...

1 year ago - ETF Trends

The Next Big Growth Story: Finding Opportunities In Emerging Markets

The global market pullback has revealed opportunities for long-term investors to capture emerging market growth at a cheaper entry point. In the upcoming webcast, The Next Big Growth Story: Finding Op...

Other symbols: EMQQINQQ
1 year ago - ETF Trends

Global Investors See India as a Port in the Storm

After a subdued first half of the year, global investors have become net buyers of Indian equities in July as the country's equity markets provide respite from widespread economic gloom. Nikkei Asia r...

Other symbols: INQQ
1 year ago - ETF Trends

Indonesian “Super-Startup” Set To Take Region by Storm

An Indonesian Internet company is poised for meteoric growth within the region due to the exponential growth of internet adoption within the region and the expansion of digital services usage. GoTo, a...

Other symbols: EMQQ
1 year ago - ETF Trends

Negative Headlines Can Lead to Positive Buying Opportunities

Tightening global monetary policies. Supply chain issues.

Other symbols: EMQQ
1 year ago - ETF Trends

MercadoLibre to Double Its Electric Van Fleet in Latin America

MercadoLibre is looking to double its electric delivery vehicle fleet in Latin America to more than 1,000 by the end of the year. In an interview with Emily Chang on Bloomberg TV, CFO Pedro Arnt said ...

Other symbols: EMQQ
1 year ago - ETF Trends

Countries Like Brazil & India Serve as Bright Spots in the EM Landscape

While rising interest rates, a strong U.S. dollar, and a volatile market are serving as major headwinds for emerging markets, countries like Brazil and India are not only holding up well, they're on t...

Other symbols: INQQ
1 year ago - ETF Trends

India Has Components for Long-Term, Sustainable Growth

Things are looking very bright for India. After surpassing the U.K. to become the fifth-largest economy in the world, India is now also the fifth-biggest equity market.

Other symbols: INQQ
1 year ago - ETF Trends

India Offers Hope When There's Not Much Around

While emerging markets have been hit hard recently, with foreign investors dumping EM stocks and bonds for five consecutive months, India is telling a different story. Not only has the country recentl...

1 year ago - ETF Trends

Latin America Fintech Sector Seeing Meteoric Growth

More money is flowing into Latin America since the rise of COVID-19, with foreign direct investment in Latin America having rebounded from the pandemic-induced slump. According to United Nations Confe...

1 year ago - ETF Trends

Super App Careem Could Be Emerging Markets Star

Consumers in developed economies spend considerable time (and money) on their smartphones and mobile applications (apps) are a big reason why. That phenomenon is also applicable and growing in emergin...

1 year ago - ETF Trends

For Next Wave of EM E-Commerce Growth, Focus on FMQQ

For a while now, the landscape of emerging markets e-commerce and online retail investment opportunities has been dominated by China. That makes sense, as China is the world's most populous nation and...

1 year ago - ETF Trends

Latin America Could Be Next Great Internet Frontier

When investors evaluate emerging markets internet equities and the related exchange traded funds, they typically focus on Asia, meaning China and, to a lesser though growing extent, India. Indeed, tho...

1 year ago - ETF Trends

Internet Usage Within Developing Markets Has Soared

Research from Boston Consulting Group noted that in 2018, internet users in emerging markets already outnumbered internet users in developed markets by more than two to one, adding that “in the next f...

1 year ago - ETF Trends

India's E-Commerce Market Poised for Meteoric Growth

India's e-commerce market is on track for meteoric growth over the next few years, thanks to a growing population and an increase in internet and smartphone use. According to the India Brand Equity Fo...

1 year ago - ETF Trends

Coupang Ups Profits After Boosting Fees & Reducing Costs

Increased monthly membership fees and improved operational efficiency have led Coupang to raise its earnings forecast for the year and reduce its losses. Bloomberg reported that the South Korean e-com...

1 year ago - ETF Trends