EMFM Performance — Global X MSCI Next Emerging & Frontier ETF
Data updated: 2024-07-01
EMFM returned +0.87% over one year to Apr 2024. The annualised 3-year return is +0.41%. The fund trailed its Ultrashort Government Bond category average: $100 invested three years ago grew to $101, against $106 for the category, and to $101 over one year, against $114. Volatility over the past three years was 13.64% a year. In the 12 months to Apr 2024 the fund lost a net $6.3M, and assets reached $16.75M.
EMFM Growth of $100
What $100 invested in Global X MSCI Next Emerging & Frontier ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Government Bond category average over the same months.
| Period | EMFM | Category average |
|---|---|---|
| 1 year (May 2023 – Apr 2024) | $101 | $114 |
| 3 years (May 2021 – Apr 2024) | $101 | $106 |
| Since data start (Aug 2019 – Apr 2024) | $99 | $125 |
EMFM Trailing Returns
Total returns to Apr 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.87% |
| 3 years (annualised) | +0.41% |
EMFM Annual Returns
Calendar-year total returns of Global X MSCI Next Emerging & Frontier ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Apr) | +7.49% |
| 2023 | −0.66% |
| 2022 | −14.86% |
| 2021 | +31.06% |
| 2020 | −12.77% |
| 2019 (Aug–Dec) | −4.40% |
EMFM Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +6.7% | +0.5% | +0.4% | −0.2% | — | — | — | — | — | — | — | — |
| 2023 | +5.5% | +2.4% | +1.6% | −3.5% | +6.5% | +2.2% | −4.7% | −5.0% | −3.2% | −3.6% | −2.3% | +4.4% |
| 2022 | −4.0% | −3.9% | +2.9% | +2.1% | +2.2% | −9.1% | −2.5% | +3.4% | −7.5% | +1.1% | +3.8% | −3.3% |
| 2021 | +11.6% | +2.6% | +1.4% | +1.4% | −2.0% | −0.9% | +3.0% | +2.3% | −1.7% | +6.3% | +1.0% | +3.0% |
| 2020 | −1.2% | +8.8% | −19.5% | −9.0% | +0.7% | +2.6% | +2.9% | +0.2% | −2.3% | +2.6% | −1.6% | +5.5% |
| 2019 | — | — | — | — | — | — | — | +0.9% | −0.2% | −5.3% | −3.3% | +3.6% |
EMFM Risk
Risk measures from monthly returns over May 2021 – Apr 2024.
- 3-year volatility (annualised): 13.64%
- 3-year Sharpe ratio: -0.30 (vs 4.5% risk-free rate)
- Best month: +6.74% (Jan 2024)
- Worst month: −9.12% (Jun 2022)
EMFM Fund Flows
Monthly money in and out of Global X MSCI Next Emerging & Frontier ETF, from SEC Form N-PORT.
- 12-month net flow: −$6.3M
- 12-month gross sales (incl. reinvestments): $9K
- Sales ÷ redemptions: 0.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2024 | $0 | $0 | $0 |
| Mar 2024 | $4 | $0 | $4 |
| Feb 2024 | $0 | $0 | $0 |
| Jan 2024 | $0 | $0 | $0 |
| Dec 2023 | $0 | $0 | $0 |
| Nov 2023 | $9K | $6.3M | −$6.3M |
| Oct 2023 | $0 | $0 | $0 |
| Sep 2023 | $0 | $0 | $0 |
| Aug 2023 | $0 | $0 | $0 |
| Jul 2023 | $0 | $0 | $0 |
| Jun 2023 | $0 | $0 | $0 |
| May 2023 | $201 | $0 | $201 |
EMFM Assets Under Management
Net assets of Global X MSCI Next Emerging & Frontier ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-04-30 | $16.75M |
| 2024-01-31 | $16.63M |
| 2023-10-31 | $21.34M |
| 2023-07-31 | $24.06M |
| 2023-04-30 | $23.58M |
| 2023-01-31 | $22.72M |
| 2022-10-31 | $19.52M |
| 2022-07-31 | $19.81M |
| 2022-04-30 | $21.57M |
| 2022-01-31 | $21.37M |
| 2021-10-31 | $21.62M |
| 2021-07-31 | $20.23M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.