The Emerging Markets Internet & Ecommerce ETF (NYSEArca: EMQQ) is up more than 9% this year, continuing its run of substantial out-performance of traditional emerging markets benchmarks.
EMQQ primarily focuses on the internet and e-commerce sectors of the developing world, helping investors capitalize on the growth of consumption in emerging markets, which represents a significant growth opportunity as more than a billion people are expected to enter the consumer class in the coming decades.
Data suggest EMQQ’s growth story is still in the early innings. Revenue growth from EMQQ member firms is expected to be jaw-dropping in the near-term.
“We expect revenue growth of 30-35% in 2018 – which is incredible considering the size of these companies, and is perhaps unprecedented for any sector ever,” EMQQ’s Kevin Carter told ETF Trends.
EMQQ offers dedicated exposure the growing emerging market consumer sector, notably those related to online retailers or the quickly expanding e-commerce industry. To be included within the ETF’s underlying index, companies must derive their profits from Ecommerce or Internet activities and include search engines, online retail, social networking, online video, e-payments, online gaming and online travel.