Global X - Emerging Markets ex-China ETF
$46.00+0.00 (+0.00%)
- Expense ratio
- 0.66%
- Fund size
- $61M
- 1Y return
- +46.1%
- Yield · Last 12 months
- 0.71%
- Holdings
- 43
- Volume · 30D
- 0M sh
- NAV per share
- $45.63
- 52W range
The ETF.net EMM Grade
Score 54 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 69Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 46Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 26Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
Our read on EMM
CEmerging markets with China cut out and no index to hide behind. Global X hands part of the stock picking to Mirae Asset's Hong Kong team, which runs a roughly 40-name book of would-be market leaders at a price below the active ex-China competition.
The fund seeks long-term capital growth by actively selecting emerging-market companies outside China that may achieve or maintain dominant positions in their markets, with emphasis on early winners in growing industries.
Why people hold it
- 0.66% expense ratio undercuts the active ex-China field, including PEMX at 0.70% and WCME at 0.95%.
- Part of the stock picking sits with Mirae Asset Global Investments (Hong Kong), an Asia-based sub-adviser hunting early winners in growing industries.globalxetfs.com
- Portfolio matches the label: roughly 40 emerging-market names, China excluded, picked for dominant positions in their markets rather than index weight.globalxetfs.com
- Trading since 2010, with a real record behind it, and one of the stronger implementations among active ex-China peers.
Worth knowing
- A smaller fund that trades lightly. Wider spreads come with the territory, and order type matters more here than in a giant EM index fund.
- Roughly 40 active picks means results can drift well away from broad EM benchmarks, in either direction, and single names carry real weight.
- Built for growth, not income: distributions land once or twice a year, and China's market is off the menu by design.
EMM Holdings
- Stocks
- 43
- 66%
- NDIA
Sectors
- Technology46.0%
- Financials21.0%
- Industrials10.0%
- Energy4.8%
- Materials4.3%
- Cons. Staples4.2%
- Consumer Discr.3.0%
- Real Estate2.2%
- Communication1.9%
- Health Care1.3%
- Utilities1.1%
Geography
- Taiwan34.57%
- South Korea24.93%
- United States23.32%
- South Africa3.16%
- Mexico3.11%
- Saudi Arabia2.90%
- United Arab Emirates1.68%
- Greece1.11%
- 5.23%
Developed 3% · Emerging 97%
EMM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EMM |
|---|---|
| Year to date | +34.7% |
| 1 month | +5.1% |
| 3 months | −2.5% |
| 1 year | +46.1% |
| 3 years | +24.5% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EMM |
|---|---|---|
| 2026 YTD | +34.7% | |
| 2025 | +30.2% | |
| 2024 | +2.4% | |
| 2023 | +5.3% |
EMM in the news
ETF.net Research hasn’t filed on EMM yet — coverage lands here as it’s written.
EMM Dividends
- 0.71%
- $0.33
- $0.12 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jul 7, 2026 | $0.12 |
| Dec 30, 2025 | Jan 7, 2026 | $0.20 |
| Jun 27, 2025 | Jul 7, 2025 | $0.11 |
| Dec 30, 2024 | Jan 7, 2025 | $0.13 |
| Jun 27, 2024 | Jul 5, 2024 | $0.08 |
| Dec 28, 2023 | Jan 8, 2024 | $0.17 |
EMM Risk
- 19.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.86
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.18
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EMM Cost
- The middle half of Emerging Markets Active Growth funds
- Median 0.79%
2 of the 9 Emerging Markets Active Growth funds charge less.