VanEck Egypt Index ETF (EGPT)
VanEck Egypt Index ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $21.48, up 0.10% on the session, giving a market capitalisation of $20.4M. Its beta of 0.16 implies it has historically moved less than the broad market.
The VanEck Egypt Index ETF (EGPT) typically allocates a minimum of 80% of its total assets to the securities that comprise its underlying benchmark index. This index specifically tracks companies primarily based in Egypt. An entity is considered Egyptian if it is formally established in Egypt, or, if incorporated elsewhere, it derives at least 50% of its income or possesses at least 50% of its assets within Egypt. The companies represented in the fund's holdings may span small to medium market capitalizations. It is important to note that this fund is non-diversified.
VanEck Egypt Index ETF is most often compared with the following Financial Services names: