ETF Spotlight on EGShares Low Volatility Emerging Markets Dividend ETF (NYSEArca: HILO), part of an ongoing series.
Assets: $80.4 million.
Objective: The EGShares Low Volatility Emerging Markets Dividend fund tries to reflect the performance of the Indxx Low Volatility Emerging Markets Dividend Index, which is designed to generate higher income with less volatility than the MSCI Emerging Markets Index through low-beta stocks.
Holdings: Top holdings include Indiabulls Financial Services 5.9%, Turk Traktor ve Ziraat Makineleri 5.8%, Vodacom Group 5.2%, Redefine Props 4.8% and Shin Corporation Public Co. 4.6%. Holdings are weighted by dividend yield.