Global X MSCI Emerging Markets Covered Call ETF (EMCC)
The ETF aims to deliver investment results that reflect the price and yield performance of the Cboe MSCI Emerging Markets IMI BuyWrite Index through a covered call strategy involving the iShares Core MSCI Emerging Markets ETF.
ETF Info
US37960A4958
37960A495
Nov 7, 2023
Cboe MSCI Emerging Markets IMI BuyWrite Index.
Distributing
Large-Cap
Blend
Expense Ratio
EMCC has an expense ratio of 0.60%, placing it in the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Global X MSCI Emerging Markets Covered Call ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
EMCC
N/A
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^GSPC (Benchmark)
-6.06%
-3.27%
-4.87%
9.44%
14.30%
10.11%
Monthly Returns
The table below presents the monthly returns of EMCC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.72% | 0.64% | 1.36% | ||||||||||
| 2024 | -3.31% | 1.74% | 1.48% | 0.50% | -2.33% | 3.07% | 1.94% | 1.77% | 1.89% | -0.64% | -0.32% | 0.02% | 5.75% |
| 2023 | 1.16% | 2.46% | 3.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 80, EMCC is among the top 20% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X MSCI Emerging Markets Covered Call ETF (EMCC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Global X MSCI Emerging Markets Covered Call ETF provided a 8.12% dividend yield over the last twelve months, with an annual payout of $1.96 per share.
| Period | TTM | 2024 | 2023 |
|---|---|---|---|
| Dividend | $1.96 | $2.71 | $0.43 |
Dividend yield | 8.12% | 11.24% | 1.71% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X MSCI Emerging Markets Covered Call ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.22 | $0.00 | $0.22 | ||||||||||
| 2024 | $0.23 | $0.24 | $0.25 | $0.24 | $0.14 | $0.16 | $0.25 | $0.22 | $0.23 | $0.25 | $0.21 | $0.29 | $2.71 |
| 2023 | $0.25 | $0.19 | $0.43 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X MSCI Emerging Markets Covered Call ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X MSCI Emerging Markets Covered Call ETF was 4.94%, occurring on Aug 5, 2024. Recovery took 7 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.94% | Aug 1, 2024 | 3 | Aug 5, 2024 | 7 | Aug 15, 2024 | 10 |
| -4.93% | Jan 2, 2024 | 10 | Jan 17, 2024 | 47 | Apr 2, 2024 | 57 |
| -4.55% | Nov 8, 2024 | 43 | Jan 13, 2025 | — | — | — |
| -3.71% | May 20, 2024 | 11 | Jun 4, 2024 | 10 | Jun 18, 2024 | 21 |
| -2.05% | Sep 3, 2024 | 4 | Sep 6, 2024 | 5 | Sep 13, 2024 | 9 |
Volatility
Volatility Chart
The current Global X MSCI Emerging Markets Covered Call ETF volatility is 1.28%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.