Fund Details
Ticker | EMFQ |
Inception | 1/30/2019 |
Primary Exchange | NYSE Arca |
CUSIP | 032108870 |
Net Assets | N/A |
Shares Outstanding | N/A |
# of Holdings | N/A |
Expense Ratio: | N/A |
Fund Characteristics
Weighted Avg. Market Cap | N/A |
Price-to-earnings | N/A |
Price-to-book | N/A |
Standard deviation | N/A |
Standard deviation measures how dispersed returns are around the average. A higher standard deviation indicates that returns are spread out over a larger range of values and thus, more volatile.
Index Details
Index Name | EQM Emerging Markets FinTech Index |
Index Ticker | EMFINQ |
Index Provider | EQM Indexes |
Weightings | Modified Equal Weight |
Rebalance | Quarterly |
Index Website | eqmindexes.com |
Why Invest in EMFQ?
- Transition from Cash-based to Digital World
The pandemic has accelerated the transition from cash-based to a more digital world. The once lagging digital infrastructure in Emerging and Frontier Markets had to quickly accelerate to accommodate these new behaviors that are fueling rapid innovation in FinTech. - Supported by Favorable Demographics
Emerging Markets make up nearly 86% of the world’s population and only 37% of the world’s goods and services.1 Home to a young, tech-savvy population, emerging countries have shifted from being primarily export-driven to increasingly consumer-oriented-growth economies. - More Smartphones than Bank Accounts
According to the World Bank, 1.6 billion people are “unbanked” globally, with Morocco, Vietnam, Egypt, Philippines, and Mexico having the largest unbanked populations.2 By contrast, 80.6% of the world ’s population owns a smartphone, or 6.4 billion people.3 It is estimated that financial identities for the world's unbanked population, could add $250 billion to global GDP, mainly from developing nations in Asia and Latin America. 4
1 IMF, World Economic Outlook, April 2021.
2 Global Finance, World's Most Unbanked Countries 2021, February 17, 2021.
3 BankMyCell.com, December 2021.
4 Oxford Economics, November 2019.
Objective and Strategy
NAV and Market Price
Previous Day's NAV | Previous Day's Market Price | |||
---|---|---|---|---|
Net Asset Value | N/A | Closing Price | N/A | |
Daily Change | N/A | Daily Change | N/A | |
% Daily Change | N/A | % Daily Change | N/A | |
30-Day Median Bid/Ask Spread | N/A | Premium/Discount % | N/A | |
Premium Discount History |
Daily Price/NAV Performance
Fund Holdings
TOP 10 HOLDINGS | |||
---|---|---|---|
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Sector Allocation
Country Allocations
Market Allocation
Market Capitalization
LARGE CAP (> $10B): | N/A |
MID CAP ($2B - $10B): | N/A |
SMALL CAP ($300M - < $2B): | N/A |
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Performance
CUMULATIVE (%) | ANNUALIZED (%) | |||||||
---|---|---|---|---|---|---|---|---|
1 Mo. | 3 Mo. | 6 Mo. | YTD | Since Inception (1/30/19) |
1 Yr. | 3 Yr. | Since Inception (1/30/19) |
|
Month end as of TBD | ||||||||
Fund NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Closing Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
EQM Emerging Markets FinTech Index | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Quarter end as of TBD | ||||||||
Fund NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Closing Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
EQM Emerging Markets FinTech Index | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Brokerage commissions will reduce returns.
Effective 2/10/2022, the Fund’s name changed from the Amplify International Online Retail ETF (XBUY) to the Amplify Emerging Market FinTech ETF (EMFQ). The Fund previously tracked the EQM International Ecommerce index through 2/9/2022 and now tracks the EQM Emerging Markets FinTech Index. The EQM International Ecommerce Index was discontinued effective 7/27/2022.
Premium/Discount
The table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund's daily net asset value ("NAV"). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than an NAV when those shares are sold because shares are bought and sold at current market prices.
Calendar Year | Calendar Year through | |
---|---|---|
Days traded at premium | N/A | N/A |
Days traded at net asset value | N/A | N/A |
Days traded at discount | N/A | N/A |
Carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in Amplify Funds statutory and summary prospectus, which may be obtained above or by calling 855-267-3837, or by visiting AmplifyETFs.com. Read the prospectus carefully before investing.
Amplify ETFs are distributed by Foreside Fund Services, LLC.