This ETF offers exposure to small cap stocks in emerging markets, an asset class that is generally overlooked by most emerging markets funds. ETFs such as VWO and EEM are dominated by large cap stocks, which tend to be multi-national firms conducting business around the world. Small caps may be more representative of their local economy, and have historically exhibited a risk/return profile very different from their large cap counterparts. While EWX can potentially be a substitute for funds such as EEM and VWO, it is perhaps more appropriately seen as a complementary holdings to deliver well rounded emerging markets exposure. EWX is relatively efficient from a cost perspective, and extremely well balanced in terms of individual securities sectors, and countries (no one stock accounts for more than 1% of assets). The only potential drawback worth noting is the inclusion of “quasi-developed” markets, which make up a material portion of holdings. For those seeking exposure to small cap BRICs, it may make sense to use individual country ETFs (such as BRF, ECNS, RSXJ, and SCIN).
| Segment | Equity: Emerging Markets - Small Cap |
| Category | Size and Style |
| Focus | Small Cap |
| Niche | Broad-based |
| Strategy | Vanilla |
| Weighting Scheme | Market Cap |
This section compares how balanced and deep this ETF is relative to its peers.
| EWX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 3239 | 759 | 1538 |
| % of Assets in Top 10 | 3.28% | 31.84% | 6.44% |
| % of Assets in Top 15 | 4.29% | 38.49% | 8.90% |
| % of Assets in Top 50 | 10.18% | 63.39% | 21.91% |
| EWX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 0.12% | 52.59% | 0.15% |
| Mid (>2.7B) | 7.80% | 32.87% | 19.75% |
| Small (>600M) | 70.36% | 9.04% | 66.60% |
| Micro (<600M) | 19.68% | 1.25% | 11.94% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| EWX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.45 | $ 0.36 | $ 0.47 |
| Dividend Date | 2024-06-24 | N/A | N/A |
| Annual Dividend Rate | $ 1.28 | $ 1.00 | $ 1.42 |
| Annual Dividend Yield | 2.19% | 2.94% | 2.76% |
View charts featuring EWX price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: -11.52 M 3 Month Net Flows: -141.55 M 6 Month Net Flows: -136.05 M 1 Year Net Flows: -124.94 M 3 Year Net Flows: 85.69 M 5 Year Net Flows: 66.82 M 10 Year Net Flows: 2.85 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 5.25 MThe adjacent table gives investors an individual Realtime Rating for EWX on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Emerging Markets Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
EWX does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| EWX |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 3.15% | 3.59% | 2.91% |
| 3 Month Return | 5.21% | 5.49% | 5.50% |
| YTD Return | 5.19% | 8.49% | 6.84% |
| 1 Year Return | 13.73% | 13.70% | 12.71% |
| 3 Year Return | 1.41% | -0.59% | 1.43% |
| 5 Year Return | 8.27% | 3.00% | 6.43% |
The following charts reflect the geographic spread of EWX's underlying holdings.
| Region | Percentage |
|---|---|
| Asia Pacific | 76.95% |
| Europe | 15.55% |
| North, Central and South America | 7.06% |
| Other | 0.55% |
| Country | Percentage |
|---|---|
| Taiwan | 28.25% |
| India | 23.03% |
| China | 14.9% |
| Malaysia | 4.31% |
| South Africa | 4.08% |
| Saudi Arabia | 3.73% |
| Brazil | 3.15% |
| Thailand | 2.81% |
| Turkey | 2.65% |
| Hong Kong | 2.08% |
| Indonesia | 1.84% |
| Poland | 1.67% |
| Other | 1.23% |
| Kuwait | 1.2% |
| Greece | 0.89% |
| United Arab Emirates | 0.71% |
| Mexico | 0.71% |
| Philippines | 0.56% |
| Chile | 0.47% |
| Qatar | 0.39% |
| Egypt | 0.37% |
| Singapore | 0.22% |
| Czechia | 0.18% |
| Belgium | 0.16% |
| Colombia | 0.14% |
| Monaco | 0.13% |
| United States | 0.09% |
| Hungary | 0.08% |
| United Kingdom | 0.04% |
| Luxembourg | 0.03% |
| Cayman Islands | 0.01% |
The following charts reflect the allocation of EWX's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 14.8% |
| Electronic Technology | 14.77% |
| Producer Manufacturing | 12.35% |
| Process Industries | 9.1% |
| Health Technology | 6.08% |
| Non-Energy Minerals | 5.35% |
| Technology Services | 4.41% |
| Consumer Non-Durables | 3.91% |
| Consumer Durables | 3.8% |
| Industrial Services | 3.67% |
| Transportation | 3.29% |
| Utilities | 2.93% |
| Commercial Services | 2.8% |
| Consumer Services | 2.66% |
| Retail Trade | 2.65% |
| Distribution Services | 2.32% |
| Health Services | 1.77% |
| Energy Minerals | 1.49% |
| Miscellaneous | 0.77% |
| Communications | 0.64% |
| CASH | 0.55% |
| Market Cap | Percentage |
|---|---|
| Small | 70.36% |
| Micro | 19.68% |
| Mid | 7.8% |
| Large | 0.12% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 94.01% |
| Non-Voting Depositary Receipt | 2.53% |
| American Depositary Receipt | 1.14% |
| Open-ended Fund | 0.63% |
| CASH | 0.55% |
| Preferred Equity | 0.49% |
| Alien/Foreign | 0.33% |
| Unit | 0.31% |
| Depositary Receipts/Certificates | 0.11% |
| Closed-ended Fund | 0.01% |
| Preferred | 0.0% |
| Right | 0.0% |
| Warrant | 0.0% |
| Sector | Percentage |
|---|---|
| Finance | 14.8% |
| Electronic Technology | 14.77% |
| Producer Manufacturing | 12.35% |
| Process Industries | 9.1% |
| Health Technology | 6.08% |
| Non-Energy Minerals | 5.35% |
| Technology Services | 4.41% |
| Consumer Non-Durables | 3.91% |
| Consumer Durables | 3.8% |
| Industrial Services | 3.67% |
| Transportation | 3.29% |
| Utilities | 2.93% |
| Commercial Services | 2.8% |
| Consumer Services | 2.66% |
| Retail Trade | 2.65% |
| Distribution Services | 2.32% |
| Health Services | 1.77% |
| Energy Minerals | 1.49% |
| Miscellaneous | 0.77% |
| Communications | 0.64% |
| CASH | 0.55% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 73.48% |
| 20 Day Volatility | 7.07% |
| 50 Day Volatility | 10.30% |
| 200 Day Volatility | 11.19% |
| Beta | 0.79 |
| Standard Deviation | 2.11% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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