Global X Emerging Markets Great Consumer ETF

Global X Emerging Markets Great Consumer ETF (EMC) is an actively managed fund. Its managers pick emerging-market stocks they expect to gain from rising consumer spending. The name says consumer, but chip and electronics makers led its holdings as of May 31, 2026, starting with Samsung Electronics and Taiwan Semiconductor. Its 0.65% expense ratio is above the 0.44% average of similar funds. Its three-year return ranked last of nine as of October 27, 2026.

• Over the year to Oct 27, 2026, EMC returned +9.5%, 7th of 9 among similar funds.
• Its worst full calendar year was 2024 (+3.8%); its best was 2025 (+18.9%).
• The deepest fall in its price history was 18.4% (Sep 26, 2024 to Apr 8, 2025), recovered by Jun 9, 2025.

As of May 31, 2026, the fund held 69 securities; the ten largest made up 47.94% of assets.

• Over the three months to May 31, 2026, investors withdrew a net $1.6M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +9.99%, +13.78%, -12.11%.

EMC does not track an index. Global X Management Company is the adviser, and Mirae Asset Global Investments (Hong Kong) is the sub-adviser. Together they invest at least 80% of net assets in stocks of emerging-market companies, or companies tied to those economies, that they expect to benefit from rising consumption and purchasing power. Under the prospectus, that can include consumer, financial, technology, healthcare and communication companies. So the fund can hold more than retailers and brands.

The managers pick stocks one at a time rather than first deciding which countries or sectors to favor. They screen for trading volume and company size, then study each business. Limits on position size, country and sector weights, and the number of holdings keep risk in check. There is no set rebalancing schedule. The fund trades often: its portfolio turnover was 84.6%. As of May 31, 2026, it held 69 positions, and the top 10 made up 47.9% of assets. Some holdings are depositary receipts, which are certificates listed abroad that stand for foreign shares. That is why the United Kingdom (14.9%) and the United States (14.0%) show up among its top countries next to Taiwan (20.3%).

Two mechanics matter to holders. First, EMC handles much of its share creation and redemption in cash, so it may have to sell stocks and may be less tax-efficient than most ETFs. Second, it may lend out securities worth up to one-third of its total assets.

• EMC charges 0.65% a year, versus an average of 0.44% for the similar funds below (6th of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $66 in the first year and $810 over 10 years (assuming a 5% annual return).

EMC is an actively managed emerging-markets fund that is heavy in Asian technology stocks, costs more than average and has had steep losing years, so it fits better as a small add-on than as a core holding.

EMC could add Asian and other emerging-market companies that a US-focused portfolio lacks, but the ride has been rough. Its prospectus record starts in 2016, before the ETF's May 2023 launch date. It shows a 16.7% drop in the first quarter of 2020, a 13.4% loss in 2021 and a 26.2% loss in 2022. Its average annual return through December 31, 2025, was a loss of 4.75% over five years. Anyone selling shares for spending money in 2022 would have sold after deep losses. Since 2023, its deepest price drop was 18.4%, and it recovered in about two months, by June 9, 2025. Income is small: the yield was 0.61% as of October 27, 2026, paid twice a year. Costs run $66 on $10,000 in the first year under the SEC's standard example. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.