Emerging Markets Internet & Ecommerce ETF ETF.com segment: Equity: Emerging Markets Internet Competing ETFs: N/A Related ETF Channels: Technology, Internet, Vanilla, Emerging Markets, Equity, Sectors Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. B 17 FUND DESCRIPTION The Emerging Markets Internet & Ecommerce ETF tracks a cap-weighted index of companies engaged in Internet-related businesses from emerging and frontier markets. FACTSET ANALYTICS INSIGHT is a niche fund of emerging market Internet and tech stocks exclusively listed in the US. These stocks generally are in online shopping, e-commerce, and gaming, which naturally makes the fund a poor Fit to our far more generalist emergingmarkets tech benchmark. Unsurprisingly, Chinese firms make up a large portion of s weighting. The fund is cap-weighted, but limits any single security to 8%. That said, the fund is rather concentrated among its top ten names, with sizeable positions in Tencent, Alibaba, and Baidu. Liquidity is good and spreads are generally fair, depending on the day. Block traders can be accommodated with the help of a market maker. Holding expenses are high, and tracking is very spotty, but this is an appealing and promising market segment for many investors who may be more tolerant of unpredictable holding costs. MSCI ESG ANALYTICS INSIGHT SUMMARY DATA Issuer Brand Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Exchange Traded Concepts 11/13/14 Open-Ended Fund 0.86% $303.84M $3.53M 0.16% $80.93B 30.56 The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of November 15, 2018 the Emerging Markets Internet & Ecommerce ETF MSCI ESG Fund Quality Score is 3.28 out of 10. The fund s Peer Rank reflects the ranking of a fund s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ranks in the 2nd percentile within its peer group and in the 2nd percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage. Price / Book Ratio Distribution Yield Next Ex-Dividend Date Number of Holdings INDEX DATA Index Tracked 3.44 1.28% N/A The Emerging Markets Internet & Ecommerce Index 53 Index Weighting Methodology Index Selection Methodology Market Cap Market Cap Thomson Reuters Global Emerging Markets Technology
1 Year Daily Price ($) 45.00 40.00 35.00 30.00 Dec `18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov 800k PERFORMANCE [as of 11/15/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS -0.10% -8.61% -23.88% -22.08% 9.38% -- -- (NAV) -5.08% -15.07% -26.30% -24.04% 8.32% -- -- The Emerging Markets Internet-- -- -- -- -- -- -- & Ecommerce Index Thomson Reuters Global Emerging Markets Technology -0.71% -10.56% -13.44% -12.34% 10.90% 9.62% -- All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES China 47.47% Germany 3.27% United States 13.67% Cyprus 2.46% Hong Kong 11.92% Brazil 1.32% Korea, Republic of 11.60% India 0.66% South Africa 7.43% Taiwan, Province of China 0.19% TOP 10 SECTORS Internet Services 70.85% Discount Stores 0.91% Leisure & Recreation 6.79% Employment Services 0.76% IT Services & Consulting 6.75% Phones & Handheld Devic 0.70% Software 4.48% Department Stores 0.57% Toys & Juvenile Products 0.97% Real Estate Services 0.36% TOP 10 HOLDINGS Alibaba Group Holding Lt 7.52% Baidu, Inc. Sponsored AD 6.41% Tencent Holdings Ltd. 7.35% JD.com, Inc. Sponsored A 5.24% Naspers Limited Class N 7.27% NAVER Corp. 4.59% MercadoLibre, Inc. 6.70% Yandex NV Class A 4.25% NetEase, Inc. Sponsored 6.45% Ctrip.com International Lt 4.09% Total Top 10 Weighting 59.87%
PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.86% -1.13% -0.60% -2.00% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% -- Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No No No Policy N/A ETN Counterparty Risk N/A Fund Closure Risk Low Portfolio Disclosure Daily
Daily Spread 0.29% FACTSET ANALYTICS BLOCK LIQUIDITY As of 11/16/18 0.22% 0.15% 0.08% 0.01% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of. is rated a 5 out of 5. Premium/Discount 2.0% 1.0% TRADABILITY Avg. Daily Share 120,364 0.0% Average Daily $ $3.53M -1.0% Median Daily Share 87,559-2.0% 800k 600k 400k 200k Median Daily ($) Average Spread (%) Average Spread ($) $2.46M 0.16% $0.05 Dec Feb Apr Jun Aug Oct Nov Median Premium / Discount (12 Mo) 0.03% Max. Premium / Discount (12 Mo) 0.93% / -1.57% Impediment to Creations None Market Hours Overlap 65.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 1.75 Creation Unit Cost (%) 0.05% Underlying / Unit 0.20% Open Interest on ETF Options -- Net Asset Value (Yesterday) $28.00 ETF.com Implied Liquidity 5 SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Internet Services Leisure & Recreation IT Services & Consulting 70.85% 10.05% 6.79% -- 6.75% 19.72% Software 4.48% 0.60% Alibaba Group Holding Ltd. Sponsored ADR Tencent Holdings Ltd. Naspers Limited Class N MercadoLibre, Inc. NetEase, Inc. Sponsored ADR Baidu, Inc. Sponsored ADR Class A JD.com, Inc. Sponsored ADR Class A NAVER Corp. 7.52% 7.35% 7.27% 6.70% 6.45% 6.41% 5.24% 4.59% Goodness of Fit (R2) Beta Up Beta Down Beta Downside Standard Deviation 0.30 0.71 0.84 0.50 1.36% Thomson Reuters Global Emerging Markets Technology Yandex NV Class A 4.25%
Toys & Juvenile Products 0.97% -- Ctrip.com International Ltd Sponsored ADR Total Top 10 Weighting 4.09% 59.87% MSCI ESG RATINGS MSCI ESG Quality Score 3.28 / 10 Discount Stores 0.91% -- Peer Group Percentile Rank 1.82 Employment Services Phones & Handheld Devices Department Stores Real Estate Services 0.76% -- 0.70% 0.34% 0.57% -- 0.36% -- Global Percentile Rank SRI Screening Criteria Exposure Exposure to Sustainable Impact Solutions Weighted Average Carbon Intensity (t CO2e/$M Sales) 2.07 -- 0.68% 19.65 COUNTRIES China 47.47% 0.40% United States 13.67% -- Hong Kong 11.92% 2.28% Korea, Republic of 11.60% -- BENCHMARK COMPARISON HOLDINGS Number of Holdings Constituents Shared Holdings Shared Holdings Weight 53 257 2 7.68% South Africa 7.43% 9.87% Germany 3.27% -- Cyprus 2.46% -- Brazil 1.32% 0.23% India 0.66% 19.63% Taiwan, Province of China REGIONS 0.19% 65.80% Asia-Pacific 71.84% 89.58% North America 13.67% -- Middle East & Africa 9.89% 9.87% Europe 3.27% 0.18% BENCHMARK COMPARISON SUMMARY Number of Holdings Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Dividend Yield $80.93B 53 257 $90.30B 30.56 14.60 3.44 2.36 0.24% 2.84% Concentration High High Latin America 1.32% 0.37% ECONOMIC DEVELOPMENT Emerging Countries 56.88% 31.91% Developed Countries 43.12% 68.09%
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