ETF of the Week ETF of the Week: Emerging Markets Internet & Ecommerce ETF (EMQQ)
ETF Trends’ CEO Tom Lydon discusses the Emerging Markets Internet & Ecommerce ETF (EMQQ) on this week’s ETF of the Week podcast with Chuck Jaffe of the MoneyLife Show.
EMQQ is a broad strategy of gaining exposure to the emerging middle-income consumer classes in developing countries and is up 33% since mid-March lows.
Developing countries make up 85% of the world's population and have a greater demographic of young people, have faster growth rates, and make up 50% of the global GDP.
Investors are traditionally underweight in emerging markets and by putting emphasis on the consumer sectors, it could help to drive growth for fundamentals that are improving.
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