Skip to content
Subscriber Only

Covid Online Boom Just the Start for Top Emerging-Market ETF

  • EMQQ returned almost 74% in 2020 tracking online EM equites
  • ETF founder says trend is here to stay, even beyond pandemic

An emerging-market exchange-traded fund focused on e-commerce and internet stocks trounced peers this year as consumers embraced the web when the pandemic kept them at home.

The $1.45 billion Emerging Markets Internet and E-commerce ETF, known as EMQQ, posted a total return of almost 74%, the most among U.S.-based passive instruments that invest in the developing world, according to data compiled by Bloomberg. Shares of the ETF have more than doubled from a low in March, reaching an all-time high of $63.45 earlier this month.