Global X Next Emerging & Frontier ETF (EMFM)
Global X Next Emerging & Frontier ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $18.64, up 0.00% on the session, giving a market capitalisation of $16.7M. Its beta of 0.71 implies it has historically moved less than the broad market.
A significant portion, specifically at least 80%, of this fund's total capital is dedicated to investments that align with its underlying benchmark index. These investments encompass direct holdings in the index's constituent securities, as well as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) representing those same core equities. The benchmark index itself is engineered to mirror the stock market performance of a select group of companies operating in emerging and frontier economies, while also ensuring broad exposure by diversifying across different countries, economic sectors, and individual issuers.
Global X Next Emerging & Frontier ETF is most often compared with the following Financial Services names: