FMQQ The Next Frontier Internet & Ecommerce ETF

FMQQ

Market cap $19.5M

90% of all new internet users will come from the emerging markets in the next decade. FMQQ offers exposure to the thriving internet platforms of these emerging markets, avoiding China's geopolitical risks and focusing on "greenfield" markets like India, Latin America, and Southeast Asia. The rise of mobile-centricity amid these very young populations creates an impressive opportunity for FMQQ holdings like Mercado Libre, Nu Holdings, Grab, Kaspi, and MakeMyTrip.

Despite an uptick in activity during the prior week, last week in the wake of the Memorial Day holiday saw the debut of just five new ETFs and the completion of one closure.