Fmqq The Next Etf Profile
| FMQQ Etf | USD 13.51 0.05 0.37% |
Performance1 of 100
| Odds Of DistressLess than 9
|
FMQQ Next is selling at 13.51 as of the 24th of November 2024; that is 0.37 percent increase since the beginning of the trading day. The etf's last reported lowest price was 13.34. FMQQ Next has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for FMQQ The Next are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
The fund invests in securities comprising the index or in depositary receipts representing securities of the index. Fmqq Next is traded on NYSEARCA Exchange in the United States. More on FMQQ The Next
FMQQ Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [FMQQ Next Frontier Internet & Ecommerce ESG-S UCITS ETF USD Accumulating, FMQQ Next Frontier Internet & Ecommerce ESG-S UCITS ETF USD Accumulating EUR, FMQQ Next Frontier Internet & Ecommerce ESG-S UCITS ETF USD Accumulating] |
| Business Concentration | Theme ETFs, Strategy ETFs, Diversified Emerging Mkts, Exchange Traded Concepts Trust (View all Sectors) |
| Issuer | Exchange Traded Concepts |
| Inception Date | 2021-09-27 |
| Benchmark | FMQQ The Next Frontier Internet & Ecommerce Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 30.64 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Emerging Markets |
| Region | Global |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Exchange Traded Concepts, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Andrew Serowik, Todd Alberico, Gabriel Tan |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 44.0 |
| Market Maker | Jane Street |
| Total Expense | 0.86 |
| Management Fee | 0.86 |
| Country Name | USA |
| Returns Y T D | 20.46 |
| Name | FMQQ The Next Frontier Internet Ecommerce ETF |
| Currency Code | USD |
| Open Figi | BBG012G1S575 |
| In Threey Volatility | 25.79 |
| 1y Volatility | 14.18 |
| 200 Day M A | 12.6007 |
| 50 Day M A | 13.4599 |
| Code | FMQQ |
| Updated At | 23rd of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.82) |
FMQQ The Next [FMQQ] is traded in USA and was established 2021-09-27. The fund is listed under Diversified Emerging Mkts category and is part of Exchange Traded Concepts Trust family. The entity is thematically classified as Theme ETFs. FMQQ The Next currently have 13.57 M in assets under management (AUM). , while the total return for the last 3 years was -16.4%.
Check FMQQ Next Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on FMQQ Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FMQQ Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as FMQQ The Next Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
FMQQ The Next Currency Exposure
FMQQ The Next holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of FMQQ Next will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in FMQQ The Next.
Top FMQQ The Next Etf Constituents
| GOTO | GoTo Gojek Tokopedia | Stock | Software-Application | |
| MMYT | MakeMyTrip Limited | Stock | Consumer Discretionary | |
| 035720 | Kakao Corp | Stock | Communication Services | |
| MGLU3 | Magazine Luiza SA | Stock | Consumer Discretionary | |
| BAJFINANCE | Bajaj Finance Limited | Stock | Financials | |
| SE | Sea | Stock | Communication Services | |
| MCG | MultiChoice Group | Stock | Entertainment | |
| ANGELONE | Angel One Limited | Stock | Financials |
FMQQ The Next Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FMQQ Next. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0298 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.09) |
FMQQ Next Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FMQQ The Next. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of FMQQ The Next is measured differently than its book value, which is the value of FMQQ that is recorded on the company's balance sheet. Investors also form their own opinion of FMQQ Next's value that differs from its market value or its book value, called intrinsic value, which is FMQQ Next's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FMQQ Next's market value can be influenced by many factors that don't directly affect FMQQ Next's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FMQQ Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if FMQQ Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FMQQ Next's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.