The Next Frontier Internet & Ecommerce ETF (FMQQ)
| Assets | $15.65M |
| NAV | $11.81 |
| Expense Ratio | 0.86% |
| PE Ratio | n/a |
| Shares Out | 1.33M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | -54.83% |
| Volume | 2,554 |
| Open | 11.45 |
| Previous Close | 11.85 |
| Day's Range | 11.43 - 11.55 |
| 52-Week Low | 10.23 |
| 52-Week High | 25.97 |
| Beta | -2.02 |
| Holdings | 72 |
| Inception Date | Sep 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.
Top 10 Holdings
59.79% of assets| Name | Symbol | Weight |
|---|---|---|
| Reliance Industries Ltd | RELIANCE.NS | 9.42% |
| NAVER Corp | 035420.KS | 7.42% |
| MercadoLibre | MELI | 6.76% |
| PT Goto Gojek Tokopedia Tbk | GOTO.JK | 5.89% |
| NEXON Co Ltd | 3659.T | 5.77% |
| Kakao Corp | 035720.KS | 5.69% |
| Sea Limited | SE | 5.13% |
| Grab Holdings | GRAB | 4.94% |
| Coupang | CPNG | 4.76% |
| XP Inc. | XP | 4.02% |
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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.
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...
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...
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...
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 ...
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.
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...
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 ...
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.
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).
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.
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...
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...
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 $...
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...
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...
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...