Amplify Emerging Markets FinTech ETF (EMFQ)
Amplify Emerging Markets FinTech ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Lisle, IL, US. The stock last traded at $21.48, up 0.05% on the session, giving a market capitalisation of $2.2M. Its beta of 1.27 implies it has historically moved more than the broad market.
The Amplify Emerging Markets FinTech ETF aims to mirror the performance of an underlying index. This index consists of equity instruments, including both common stocks and depositary receipts, from companies operating in emerging and frontier economies. A key requirement for these companies is that they must generate at least half of their revenue from financial technology (Fintech) activities. The fund commits to allocating a minimum of 80% of its net assets, encompassing any investment borrowings, to the specific securities comprising this benchmark. It's important to note that this fund is managed on a non-diversified basis.
Amplify Emerging Markets FinTech ETF is most often compared with the following Financial Services names: