EWEBGlobal X Emerging Markets Internet & E-commerce ETF
EWEB Fund Description
EWEB tracks an index of companies positioned to benefit from the advancement of internet and e-commerce technologies in emerging market countries.
EWEB Factset Analytics Insight
EWEB provides exposure to exchange-listed companies that are expected to benefit from further adoption of internet and e-commerce technologies in emerging market countries. The index provider, Nasdaq, and the Consumer Technology Association jointly designed the eligibility, selection and weighting of the underlying index. To meet the inclusion requirements, securities must be classified as those whose primary business includes internet retail commerce, internet-related services, internet software, or internet search engine, and must have at least 50% of their revenue derived from internet or e-commerce related activities. The top 50 securities, based on market-cap, are selected for the index. Component securities are weighted based on a market-cap, with the top five securities capped at 8% and 4% for all others. The capping aims to limit concentration on the largest companies and increase diversification.
EWEB MSCI ESG Analytics Insight
Global X Emerging Markets Internet & E-commerce ETF has an MSCI ESG Fund Rating of BB based on a score of 5.49 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. Global X Emerging Markets Internet & E-commerce ETF ranks in the 33th percentile within its peer group and in the 54th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EWEB MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
EWEB Summary Data
EWEB Portfolio Data
EWEB Index Data
EWEB Portfolio Management
EWEB Tax Exposures
EWEB Fund Structure
EWEB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EWEB. EWEB is rated a 4 out of 5.
EWEB Economic Development
EWEB Performance Statistics
EWEB MSCI ESG Ratings
EWEB Benchmark Comparison Summary
EWEB Benchmark Comparison Market Cap Size