Emerging Global Advisors
EGShares Emerging Markets Domestic Demand ETF - EMDD
EMDD Four Star Morningstar Rating
Fund Objective

Seeks investment results that correspond (before fees and expenses) to the price and yield performance of the S&P Emerging Markets Domestic Demand Index.

Index Description

The S&P Emerging Markets Domestic Demand Index is a 50-stock free-float market capitalization-weighted index designed to measure the performance of companies in emerging markets that are tied to domestic demand, specifically those in consumer staples, consumer discretionary, telecommunications services, health care and the utilities sectors.

Reasons To Invest
  • Targeted exposure to domestic demand sectors: EMDD offers exposure to five sectors we believe will benefit from growth in domestic demand - consumer staples, consumer discretionary, telecommunications services, health care and utilities - with exposure across 12 emerging markets
  • Poised for future growth: Emerging markets represent nearly five times the estimated consumption growth of developed markets (Source: McKinsey & Company, "Winning the $30 trillion decathlon", 2012)
  • Portfolio diversification potential: Sectors driven by domestic demand, rather than export growth or global interest rates, have historically contributed less volatility, greater risk-adjusted returns and less severe draw downs (Source: MSCI, Bloomberg as of 9/30/2015). Diversification does not ensure a profit or protect against loss.
Key Statistics
(As of 9/30/2015)
ETF Ticker (NYSE)
Bloomberg Index Ticker
Inception Date
Expense Ratio
Average Market Cap
$ 37.47B
Median Market Cap
Total Constituent Daily Traded Value
$ 2.79B
Trailing P/E Ratio
Price/Book Ratio
Index Dividend Yield

Country Breakdown

(As of 9/30/2015)
25.06 %
South Africa

Sector Breakdown (GICS)

(As of 9/30/2015)
Consumer Staples
28.55 %
Telecommunication Services
Consumer Discretionary
Health Care

Top Holdings

(As of 9/30/2015)
JD.com Inc (JD US Equity)
5.22 %
Naspers Ltd (NPN SJ Equity)
China Mobile Ltd
(941 HK Equity)

Ambev SA (ABEV US Equity)
America Movil SAB de CV
(AMX US Equity)

MTN Group Ltd (MTN SJ Equity)
Steinhoff International Holdin
(SHF SJ Equity)

Fomento Economico Mexicano SAB
(FMX US Equity)

Sun Pharmaceutical Industries
(SUNP IN Equity)

Magnit PJSC (MGNT LI Equity)


(As of 9/30/2015)
3-Month (%) Year-to-Date (%) 1-Year (%) 3-Year (%) Since Inception (%)
Total Returns (Net Asset Value) -16.96 -14.97 -18.01 -1.56 -0.65
Total Returns (Market Price) -17.45 -15.40 -18.28 -1.66 -0.70
Tracked Index* -16.69 -14.18 -17.00 -0.19 0.77
*Reflects Indxx Emerging Markets Domestic Demand Index through January 31, 2014; S&P Emerging Markets Domestic Demand Index Net TR thereafter.

Performance data quoted represents past performance. Past performance does not guarantee future results. 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 the original cost. Current performance data may be higher or lower than actual data quoted. For the most current month-end performance data please call + 1 888 800 4347.

Market price returns are based on the midpoint of the bid/ask spread at 4 pm ET and do not represent the returns an investor would receive if shares were traded at other times.

Returns over one year are annualized.

Emerging market investments involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, from economic or political instability in other nations or increased volatility and lower trading volume. This Fund will concentrate its investments in issuers of one or more particular industries to the same extent that its Underlying Index is so concentrated and to the extent permitted by applicable regulatory guidance. Concentration risk results from maintaining exposure to issuers conducting business in a specific industry. Small-cap and mid-cap companies generally will have greater volatility in price than the stocks of large companies due to limited product lines or resources or a dependency upon a particular market niche. One cannot invest directly in an Index.

The Morningstar Rating® is provided for those exchange-traded funds ("ETFs") with at least a three-year history. Ratings are based on the ETF's Morningstar Risk-Adjusted Return measure, which accounts for variation in monthly performance, placing more emphasis on downward variations and rewarding consistent performance. An ETF's riskadjusted return includes a brokerage commission estimate. This estimate is intended to reflect what an average investor would pay when buying or selling an ETF. PLEASE NOTE, this estimate is subject to change and the actual brokerage commission an investor pays may be higher or lower than this estimate. Morningstar compares each ETF's risk-adjusted return to the open-end mutual fund rating breakpoints for that category. Consistent with the open-end mutual fund ratings, the top 10% of ETFs in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The overall rating for an ETF is based on a weighted average of the time-period ratings (e.g., the ETF's 3, 5, and 10 year rating). The determination of an ETF's rating does not affect the retail open end mutual fund data published by Morningstar. Morningstar Rating is for the ETF share class only; other classes may have different performance characteristics.

As of 9/30/2015, EGShares Emerging Markets Domestic Demand ETF was rated 4 stars out of 561 U.S.-domiciled Diversified Emerging Markets ETFs and open-end funds for the overall and three-year periods. Past performance is no guarantee of future results. ©2015Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is an independent investment research firm that compiles and analyzes fund, stock and general market data.

The S&P Emerging Markets Domestic Demand Index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by Emerging Global Advisors. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Emerging Global Advisors. The EGShares Emerging Markets Domestic Demand ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P Emerging Markets Domestic Demand Index.

The Global Industry Classification Standard ("GICS") was developed by and is the exclusive property and a service mark of MSCI Inc. ("MSCI") and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. ("S&P") and is licensed for use by Emerging Global Advisors, LLC. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any of such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.