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Global X MSCI Emerging Markets Covered Call ETF (E...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US37960A4958

CUSIP

37960A495

Issuer

Global X

Inception Date

Nov 7, 2023

Index Tracked

Cboe MSCI Emerging Markets IMI BuyWrite Index.

Distribution Policy

Distributing

Asset Class

Multi-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

EMCC features an expense ratio of 0.60%, falling within the medium range.


Expense ratio chart for EMCC: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
EMCC vs. RQI EMCC vs. VWO
Popular comparisons:
EMCC vs. RQI EMCC vs. VWO

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.


-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%10.00%SeptemberOctoberNovemberDecember2025February
2.68%
9.24%
EMCC (Global X MSCI Emerging Markets Covered Call ETF)
Benchmark (^GSPC)

Returns By Period

Global X MSCI Emerging Markets Covered Call ETF had a return of 1.37% year-to-date (YTD) and 9.67% in the last 12 months.


EMCC

YTD

1.37%

1M

1.16%

6M

2.47%

1Y

9.67%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

3.96%

1M

1.97%

6M

9.03%

1Y

22.16%

5Y*

12.60%

10Y*

11.26%

*Annualized

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.72%1.37%
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%
20231.16%2.46%3.64%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of EMCC is 52, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of EMCC is 5252
Overall Rank
The Sharpe Ratio Rank of EMCC is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of EMCC is 4040
Sortino Ratio Rank
The Omega Ratio Rank of EMCC is 5555
Omega Ratio Rank
The Calmar Ratio Rank of EMCC is 6262
Calmar Ratio Rank
The Martin Ratio Rank of EMCC is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for EMCC, currently valued at 1.19, compared to the broader market0.002.004.001.191.83
The chart of Sortino ratio for EMCC, currently valued at 1.63, compared to the broader market-2.000.002.004.006.008.0010.0012.001.632.47
The chart of Omega ratio for EMCC, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.33
The chart of Calmar ratio for EMCC, currently valued at 2.02, compared to the broader market0.005.0010.0015.002.022.76
The chart of Martin ratio for EMCC, currently valued at 6.62, compared to the broader market0.0020.0040.0060.0080.00100.00120.006.6211.27
EMCC
^GSPC

The current Global X MSCI Emerging Markets Covered Call ETF Sharpe ratio is 1.19. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Global X MSCI Emerging Markets Covered Call ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50DecemberDec 08Dec 15Dec 22Dec 29Jan 05Jan 12Jan 19Jan 26Feb 02Feb 09
1.19
1.83
EMCC (Global X MSCI Emerging Markets Covered Call ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X MSCI Emerging Markets Covered Call ETF provided a 11.13% dividend yield over the last twelve months, with an annual payout of $2.69 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.00$2.5020232024
Dividends
Dividend Yield
PeriodTTM20242023
Dividend$2.69$2.71$0.43

Dividend yield

11.13%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.26$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.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%SeptemberOctoberNovemberDecember2025February
-1.27%
-0.07%
EMCC (Global X MSCI Emerging Markets Covered Call ETF)
Benchmark (^GSPC)

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.

The current Global X MSCI Emerging Markets Covered Call ETF drawdown is 1.27%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-4.94%Aug 1, 20243Aug 5, 20247Aug 15, 202410
-4.93%Jan 2, 202410Jan 17, 202447Apr 2, 202457
-4.55%Nov 8, 202443Jan 13, 2025
-3.71%May 20, 202411Jun 4, 202410Jun 18, 202421
-2.05%Sep 3, 20244Sep 6, 20245Sep 13, 20249

Volatility

Volatility Chart

The current Global X MSCI Emerging Markets Covered Call ETF volatility is 1.35%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025February
1.35%
3.21%
EMCC (Global X MSCI Emerging Markets Covered Call ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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