Global X Emerging Markets Equity Index Corporate Class ETF
HXEM offers exposure to the performance of some of the emerging market companies in rapidly developing economies, which are increasingly accounting for a larger proportion of growth globally.
Investing in an emerging market ETF can bring diversity to an investment portfolio as they are generally less correlated to developed market equities. Thanks to the lower correlation, emerging markets’ stand-alone volatility has a limited impact on a global portfolio.
As part of Horizons Total Return Index family of ETFs, HXEM utilizes a total return swap contract to replicate the performance of the Index which typically enhances tax efficiency. Additionally, HXEM is not anticipated to make taxable distributions, making it advantageous for taxable accounts.
NAV
$34.63
$-0.2079
-0.60%
Volume Real-time volume on the Toronto Stock Exchange only
100
Price
$34.99
$0.31
0.89%
Last Close
$34.68
Prices delayed by 15 minutes.
Last Trade: May 2, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
Medium
Ticker
HXEM
CUSIP
37963T103
Inception Date
August 4, 2020
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$69,906,918
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
3,638
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
6,229
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Benchmark
Horizons Emerging Markets Futures Roll Index (Total Return)
Bloomberg Index Ticker
CMDYHXEM
Management Fee
0.25% (Plus applicable sales tax)
Management Expense Ratio Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
0.28% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
0.30% As at December 31, 2023
Swap Fee
No more than 0.30%
Currency
CAD
Currency Hedging
N/A
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
549300CW3UTSTQHMS318
As at April 30, 2024
NAV / Unit
$34.63
Price
$34.99
Premium Discount
$-0.12
Premium Discount Percentage
-0.35%
Outstanding Shares
2,779,030
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
|
dates |
1 mo | 3 mo | 6 mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR* |
|---|---|---|---|---|---|---|---|---|---|
| Global X Emerging Markets Equity Index Corporate Class ETF | 2.58 | 4.18 | 10.12 | 4.18 | 7.23 | -3.76 | - | - | 0.71 |
*Fund performance since inception on August 4, 2020, as at March 31, 2024
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Global X Emerging Markets Equity Index Corporate Class ETF | - | - | - | - | - | -4.25 | -15.12 | 7.07 |
As at March 29, 2024
Category
Weight
Information Technology
23.73%
Financials
22.35%
Consumer Goods
12.41%
Communication Services
8.62%
Materials
7.20%
Industrial Services
6.95%
Consumer Service
5.64%
Energy
5.32%
Health Care
3.47%
Utilities
2.78%
Holdings are subject to change. The complete list will soon be available.
As at March 29, 2024
Category
Weight
China
25.13%
Other
21.49%
India
17.70%
Taiwan
17.63%
South Korea
12.82%
Brazil
5.23%
Holdings are subject to change.