Market leading emerging market e-commerce ETF announces major rebalancing of its index | EMQQ
- The Emerging Markets Internet
& Ecommerce Index now has 96 constituents, an increase from 83, and 43 in
November 2014 when it was developed
- 20 companies have been added
to the Index and seven have been removed
- Our emerging markets ETF delivered a return of 81.08%
in 2020, and 105.10% since its inception in November 2014[1]. Past performance is no guarantee of future performance.
13th January, 2021
The
market leading Emerging Market Internet & Ecommerce UCITSETF (EMQQ) has completed the semi-annual rebalancing of its underlying Index,
which has seen the number of companies invested in rise from 83 to 96[2]. Some 20 companies have been added to the Emerging
Markets Internet & Ecommerce Index, and seven have been removed from it due
to Index rules on market cap, liquidity and trading volume. Two of the new companies included in the
index are now top ten holdings.
Our emerging markets ETF delivered a return of 81.08% in 2020, and since its inception on 12th
November 2014, it has delivered a return of 105.10% and EMQQ remains the
best performing EM ETF in the category[3]. Past
performance is no guarantee of future performance and when you trade ETFs your
capital is at risk.
Kevin Carter, CEO of EMQQ said: “This was a historic rebalance by many
measures, it is the first one in years that added new top ten holdings, in this
case two of them.
“When
EMQQ launched, it had 43 companies in the Index, and it now has 96 just six
years later. This more than doubling of the Index constituents is due to the
growth of the Internet and Ecommerce industry in Emerging Markets like China,
South Korea, Argentina, Brazil, and South Africa.
"2020
saw continued strong performance, briefly interrupted by the COVID-19, but it
was then propelled by the pandemic restrictions that have been put in place. We
believe the meaningful changes in consumer behaviour during the crisis will fuel
growth in online shopping in emerging markets, so we continue to see unprecedented
growth in this sector.”
The top three firms of the 20 new companies that have been added to the
Index are KE Holdings Inc, LuFax Holding LLC, and Dada Nexus Ltd.
8th largest holding: KE Holdings Inc. (NYSE ticker BEKE)
In China, this company is known as Beike, and the other brand in the
franchise is Lianjia. Lianjia is a leading real estate brokerage firm in China.
Beike is a real estate platform that facilitates housing transactions and
services in China - the Zillow of China. Beike is already the second-largest
Ecommerce platform in China, behind only Ecommerce giant, Alibaba, according to
information provided by the company.
10th largest holding: LuFax Holdings Ltd. (NYSE Ticker: LU)
The company is one of the largest fintech firms in China, and a
competitor to Alibaba's ANT Group. Lufax is a leading technology-empowered
personal financial services platform in China. Lufax has the backing of Ping An
Insurance Group, one of the largest financial service conglomerate in China
with business spanning across life and general insurance, banking, healthcare,
and more.
21st largest holding: Dada Nexus Ltd. listed in HK and
trades with the (HK: Ticker - DADA)
The company provides a platform for local on-demand retail and delivery
in China. The company operates JD-Daojia, a local on-demand retail platform;
and Dada Now, a local on-demand delivery platform in China. KE Holdings Inc,
LuFax Holding LLC, and Dada Nexus Ltd. are among the new names added to EMQQ’s
underlying Index.
EMQQ
Index Added 20 Companies December 18, 2020, Rebalance:
Adds
|
Headquarters
|
Exchange
|
ALLEGRO.EU SA
|
Poland
|
Warsaw
|
BLUECITY HOLDINGS LTD
|
China
|
Nasdaq
|
CHINA YOUZAN LTD
|
China
|
HK
|
DADA NEXUS LTD
|
China
|
HK
|
FANGDD NETWORK GROUP LTD
|
China
|
Nasdaq
|
GRUPO DE MODA SOMA SA
|
Brazil
|
SAO
|
KAKAO GAMES CORP
|
South Korea
|
KOSDAQ
|
KE HOLDINGS INC
|
China
|
NYSE
|
LUFAX HOLDING LTD
|
China
|
NYSE
|
MAGAZINE LUIZA SA
|
Brazil
|
SAO
|
ONECONNECT FINANCIAL TECHNOLOGY CO LTD
|
China
|
NYSE
|
OZON.OQ
|
Russia
|
Nasdaq
|
PHOENIX TREE HOLDINGS LTD
|
China
|
NYSE
|
ROUTE MOBILE LTD
|
India
|
NSE
|
TCS GROUP HOLDING PLC
|
Russia
|
LSE
|
WEBZEN INC
|
South Korea
|
KOSDAQ
|
XD INC
|
China
|
HK
|
YALLA GROUP LTD
|
UAE
|
NYSE
|
YEAHKA LTD
|
China
|
HK
|
YUNJI INC
|
China
|
Nasdaq
|
EMQQ,
which is distributed on the HANetf white-label platform, delivers exposure to
an index of leading companies driving the growth of online consumption in the
developing world. To be included, companies must derive more than half their
profits from Ecommerce or internet activities, including search engines, online
retailers, social networks, online video, online gaming, e-payment systems and
online travel. Unlike most emerging
market indices the companies included do not need to be listed locally. When
you trade ETFs your capital is at risk.
For more information on the emerging markets ETF,
visit EMQQ UCITS Fund Page