Key stats
About Global X Emerging Markets Internet & E-commerce ETF
Home page
Inception date
Nov 9, 2020
Structure
Open-Ended Fund
NASDAQ CTA Emerging Markets Internet & E-commerce Index - Discontinued as of 10-Jan-2025
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37960A6938
The fund is being delisted. The last trading on an exchange is November 10, 2023. 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.
Related funds
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EWEB invests in cash. See more details in our Analysis section.
EWEB expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EWEB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
EWEB shares are issued by Mirae Asset Global Investments Co., Ltd.
EWEB follows the NASDAQ CTA Emerging Markets Internet & E-commerce Index - Discontinued as of 10-Jan-2025. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 9, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.