EMM vs. AFK ETF Comparison

Comparison of Global X Emerging Markets ETF (EMM) to Market Vectors-Africa Index ETF (AFK)

EMM

Global X Emerging Markets ETF

EMM Description

EMM seeks long-term capital growth by investing in companies believed to be able to achieve and maintain a leading position within their respective country, region, industry, products produce, or services provided. The belief is that emerging markets have the potential for higher levels of growth based on the occurrence of socio-economic changes. Thus, an opportunistic approach to investing in companies considered to be best positioned to benefit from these changes. The funds investable universe is limited to emerging market stocks that meet minimum trading volume and market capitalization requirements. The selection process also considers advantageous-competitive strategies and share-holder beneficial practices and philosophies. The portfolio is constructed using a bottom-up fundamental analysis, subject to a risk management framework. The fund may engage in active and frequent trading. On May 15, 2023, EMM converted from a mutual fund to an actively managed ETF, with $18 million in assets.

Grade (RS Rating)

Last Trade

$27.10

Average Daily Volume

6,508

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

AFK

Market Vectors-Africa Index ETF

AFK Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® GDP Africa Index. The fund invests at least 80% of total assets in securities that comprise the index. The index is comprised of African companies. The index includes local listings of companies that are incorporated in Africa and offshore listings of companies incorporated outside of Africa that generate at least 50% of their revenues in Africa. The weighting of each country in the index is determined by the size of its GDP relative to the GDPs of the other countries represented in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$15.66

Average Daily Volume

11,142

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	EMM	AFK
30 Days	-4.88%	-5.49%
60 Days	-2.81%	-3.44%
90 Days	-4.90%	-2.70%
12 Months	9.73%	17.78%

2 Overlapping Holdings

	Symbol	Grade	Weight in EMM	Weight in AFK	Overlap
	GFI	F	0.88%	1.91%	0.88%
	MMYT	C	1.48%	2.03%	1.48%

EMM Overweight 8 Positions Relative to AFK

	Symbol	Grade	Weight
	TSM	B	10.02%
	IBN	C	3.12%
	HDB	C	2.0%
	SHG	D	1.74%
	ITUB	D	1.03%
	NU	C	1.01%
	ARCO	D	0.65%
	MELI	D	0.57%

EMM Underweight 7 Positions Relative to AFK

	Symbol	Grade	Weight
	GOLD	F	-2.89%
	KOS	D	-2.18%
	RCL	A	-0.96%
	HMY	F	-0.66%
	SSL	F	-0.4%
	SBSW	D	-0.31%
	CAR	C	-0.23%

EMM: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Banks - Diversified Banks - Regional - Latin America Gold Leisure Restaurants Semiconductors Specialty Retail

Keywords: Bank Banking Currency Financial Products Investment Banking Investment Product Portfolio Management Cash Management E Commerce Investment Banking Services Portfolio Management Services Retail Banking Structured Finance ATM Account Management Acquisition Advisory Services Alternative Payments Asset Backed Security Asset Management Services Business Loans

AFK: Top Represented Industries & Keywords

Industries: Gold Leisure Oil & Gas E&P Oil & Gas Integrated Rental & Leasing Services

Keywords: Mining Transport Alcohol Alternative Energy Burns Car Rental Catalysts Chemical Elements Chemical Feedstock Chemical Product Child Safety Chloride Copper Cruise Lines Damage Waiver Electronic Toll Collection Explosives Franchises Fuel Fuel Oil