Skip to content
etf.net

EBIZ vs FMQQ

Global X E-commerce ETF

EBIZBNasdaq

FMQQ The Next Frontier Internet ETF

FMQQDNYSE Arca

Overlap

Expense ratio

EBIZ −0.36pt a year

EBIZ0.50%FMQQ0.86%

Avg volume · 30D

FMQQ 4.3×the volume

EBIZ3.16KFMQQ13.6K

5Y return · a year

EBIZ +13.1pt

EBIZ−1.3%FMQQ−14.4%

EBIZ vs FMQQ Performance

Oct 29, 2021 – Oct 30, 2026

−6.1%EBIZ−54.1%FMQQ

Oct 29, 2021 to Oct 30, 2026. EBIZ −6.1%. FMQQ −54.1%. Use the arrow keys to read each point.−40%−20%Oct 2021Apr 2024Oct 2026
Expense ratio
EBIZ 0.50%, better
FMQQ 0.86%
Fund size
EBIZ $26M
FMQQ $15M
1Y total return
EBIZ −13.8%, better
FMQQ −24.3%
Yield (12M)
EBIZ 0.53%
FMQQ 0.75%, better
Holdings
EBIZ 41
FMQQ 37
Avg volume (30D)
EBIZ 3.16K sh
FMQQ 13.6K sh, better
NAV per share
EBIZ $28.86
FMQQ $11.42
52W range

ETF.net Grade

EBIZ: Cost 76, Risk 63, Mission not scored, Tradability 28, Holdings 66, Durability 41. FMQQ: Cost 11, Risk 42, Mission not scored, Tradability 26, Holdings 35, Durability 35.
Pillar letters and Scores for EBIZ, FMQQ, with each pillar’s weight
PillarEBIZFMQQ
Cost30% weightA76HigherF11
Mission25% weightNot scoredNot scored
Risk15% weightB63HigherC42
Tradability15% weightD28HigherD26
Holdings10% weightB66HigherD35
Durability5% weightC41HigherD35

Rank among E-Commerce funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EBIZ and FMQQ are both graded against the same 9 E-Commerce funds, so their Grades compare head to head.

E-Commerce⁠

Category · 9 funds
See all 9 ›

EBIZ ranks 2nd and FMQQ 9th of 9 funds in the E-Commerce Category.

  1. Rank 1BOGIGALPS O'Shares Global Internet Giants ETFScore 69
  2. Rank 2BEBIZGlobal X E-commerce ETFScore 60
  3. Rank 3BBUYZFranklin Disruptive Commerce ETFScore 58
  4. Rank 8DEMQQEMQQ The Emerging Markets Internet ETFScore 33
  5. Rank 9DFMQQFMQQ The Next Frontier Internet ETFScore 25

Our read on each fund

ETF.net Research

EBIZBGlobal X E-commerce ETF

FMQQDFMQQ The Next Frontier Internet ETF

In short

EBIZ EBIZ owns the whole e-commerce stack: the platforms, the software behind the checkout button, and the companies selling through it. Roughly 40 names, priced under the typical fee in its corner of the market.

FMQQ Most e-commerce ETFs stick to familiar markets. FMQQ points the other way: a passive basket of roughly 50 internet and online-commerce companies drawn from emerging and frontier markets, launched in 2021.

Stated mandate

EBIZ The fund invests in companies positioned to benefit from wider e-commerce adoption, including businesses operating e-commerce platforms, providing related software or services, or selling goods and services online.

FMQQ The Fund seeks to track, before fees and expenses, the price and yield performance of the FMQQ The Next Frontier Internet & Ecommerce Index.

Why people hold it

  • EBIZ At 0.50% a year it comes in under its e-commerce cohort's median fee, and below peers like IBUY (0.65%) and ONLN (0.58%).
  • The mandate reaches past online retailers to platform operators and the software and services running the transactions.globalxetfs.com
  • About 40 holdings keeps the theme undiluted: this isn't a broad tech index wearing an e-commerce label.
  • Trading since 2018, and one of the stronger implementations in its e-commerce peer group.
  • FMQQ A different map. The index reaches into emerging and frontier markets for internet and e-commerce businesses instead of the usual developed-market roster.
  • Rules-based, not gut-based: it passively tracks the FMQQ The Next Frontier Internet & Ecommerce Index, so the lineup follows published index rules.
  • Roughly 50 stocks, so the theme comes through undiluted rather than spread thin across hundreds of names.

Worth knowing

  • EBIZ Small and thinly traded, which usually means wider bid-ask spreads and more slippage on larger orders.
  • Distributions arrive once or twice a year, so the payout is a trickle rather than a stream.
  • One theme, about 40 names: sector swings and single-stock stumbles land harder here than in a diversified fund.
  • FMQQ Costs more than the neighborhood: 0.86% a year, against a 0.65% cohort median and cheaper builds like EBIZ at 0.50% and OGIG at 0.48%.
  • Small fund, light volume. Spreads can run wider here than in the category's heavyweights, which makes limit orders the sane default.
  • Frontier and emerging listings layer currency moves, local regulation and thinner disclosure onto an already narrow single-theme basket.

Full EBIZ profile⁠

Full FMQQ profile⁠

EBIZ vs FMQQ Holdings

As of
How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EBIZ vs FMQQ Cost

Overpaying FMQQ vs EBIZ

$6,389

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EBIZ 0.50%

    $9,979

  • FMQQ 0.86%

    $16,368

$10,000
30 years

Cost over time

  • EBIZ 0.50%
  • FMQQ 0.86%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FMQQ $16,368EBIZ $9,979

Year by year

YearEBIZFMQQOverpaying
10$900$1,525$625
20$3,460$5,768$2,308
30$9,979$16,368$6,389

Expense ratio

  • 0.50%EBIZ, cheaper
  • 0.86%FMQQ
  • Middle half of E-Commerce funds
  • Median 0.60%

EBIZ 2nd cheapest of 9 funds

FMQQ 8th cheapest of 9 funds

EBIZ vs FMQQ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EBIZ 0.53%
FMQQ 0.75%, better
Payout (12M)
EBIZ $0.15
FMQQ $0.08
Last payment
EBIZ $0.08
FMQQ $0.08
Ex-dividend
EBIZ Jun 29, 2026
FMQQ Dec 30, 2025
Paid on
EBIZ Jul 7, 2026
FMQQ Dec 31, 2025
Frequency
EBIZ Twice a year
FMQQ Annual

Distribution history

Per share, 2019 to 2026, same scale for both

EBIZTwice a year · 9 paymentsAll EBIZ payments⁠
One bar per payment. 9 payments from 2019 to 2026 YTD. Dec 30, 2019 $0.03; Dec 30, 2020 $0.27; Dec 30, 2021 $0.16; Dec 29, 2022 $0.02; Jun 27, 2024 $0.06; Dec 30, 2024 $0.0077; Jun 27, 2025 $0.10; Dec 30, 2025 $0.07; Jun 29, 2026 $0.08. Use the arrow keys to read each point.$0$0.25202020232026YTD
FMQQAnnual · 3 paymentsAll FMQQ payments⁠
One bar per payment. 3 payments from 2019 to 2026 YTD. Dec 26, 2023 $0.01; Dec 30, 2024 $0.06; Dec 30, 2025 $0.08. Use the arrow keys to read each point.$0$0.25202020232026YTD

EBIZ vs FMQQ Risk

Fall from peak · 5 years

  • EBIZ
  • FMQQ
Oct 29, 2021 to Oct 30, 2026. Worst fall: FMQQ −64.1% · Oct 2022. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EBIZ 21.5%FMQQ 17.0%, better
Return per unit of riskSharpe ratio, 3 years
EBIZ 0.74, betterFMQQ 0.13
Worst fallMax drawdown, 5 years
EBIZ −55.8%, betterFMQQ −64.1%
Market sensitivityBeta, 5 years
EBIZ 1.21FMQQ 0.87

EBIZ and FMQQ in the news

All news⁠

Popular comparisons

  • EBIZBvsOGIGB

    Global X E-commerce ETF · ALPS O'Shares Global Internet Giants ETF

    Expense ratio
    0.50% · 0.48%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FMQQDvsOGIGB

    FMQQ The Next Frontier Internet ETF · ALPS O'Shares Global Internet Giants ETF

    Expense ratio
    0.86% · 0.48%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EBIZBvsBUYZB

    Global X E-commerce ETF · Franklin Disruptive Commerce ETF

    Expense ratio
    0.50% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FMQQDvsBUYZB

    FMQQ The Next Frontier Internet ETF · Franklin Disruptive Commerce ETF

    Expense ratio
    0.86% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EBIZBvsIBUYB

    Global X E-commerce ETF · Amplify Online Retail ETF

    Expense ratio
    0.50% · 0.65%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FMQQDvsIBUYB

    FMQQ The Next Frontier Internet ETF · Amplify Online Retail ETF

    Expense ratio
    0.86% · 0.65%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.