@RampantGryphonAssets I hope so! Even as emerging markets went on a tear of late, and the truly frontier markets even more so (you know the sector is about to take off when every last ETF representing it like $EMFM is closed due to lack of interest and funds lol), this has kinda stagnated
Meanwhile it's Kazakk brethren $FRHC which is shady af keeps moving on up and staying up 🤷♂️
@Baseload_Investing I don't mind ETFs with small AUMs! Too small and they may be closed as happened with $NGE $EEM $EMFM IIRC
In terms of holdings, $INQQ looks to be a bit more balanced than INCO with heavyweights like Reliance well represented
$FM wanted to buy this after $EMFM closed but couldn't figure out why price wasn't moving very much. Well, turns out they're mostly in T bills... no idea why lol
$EMFM - Implied volatility is down to 0.0 for Global X https://www.macroaxis.com/stock-options/EMFM/Global-X-Next?utm_source=dlvr.it&utm_medium=stocktwits
$EMFM: The long term trend is still neutral, but the short term trend is positive. Better times ahead? https://www.chartmill.com/stock/quote/EMFM/technical-analysis?key=fa09b85b-7b2b-489e-844b-b68ff508dbea&utm_source=stocktwits&utm_medium=TA&utm_content=EMFM&utm_campaign=social_tracking
$EMFM - Maximum pain price upswings to -1.0 for Global X https://www.macroaxis.com/stock-options/EMFM/Global-X-Next?utm_source=dlvr.it&utm_medium=stocktwits
Although the technical rating is bad, $EMFM does present a nice setup opportunity. https://www.chartmill.com/stock/analyzer/stock/EMFM?key=fa09b85b-7b2b-489e-844b-b68ff508dbea&utm_source=stocktwits&utm_medium=TA&utm_content=EMFM&utm_campaign=social_tracking
@4whom_is_back @jaydilks 40 million since starting in mid last year is pretty respectable for a niche ETF like this IMO
$EMFM has had far less and with more risky holdings (frontier markets) and is alive and kicking still
$EMFM - Risk alert: Global X max pain price is pulling away https://www.macroaxis.com/stock-options/EMFM/Global-X-Next?utm_source=dlvr.it&utm_medium=stocktwits
$FRHC Very strong emerging markets play. Has held up quite well even amid bear market and its kinda iffy background. From two years ago: https://ffj-online.org/2020/12/14/freedom-holding-corporation-after-borat-the-silliest-kazakh-import-of-the-century/
$KAKZF another interesting play in the "Wild East"
Wish there were more ways to own specific frontier markets like the 'Stans, Mongolia, etc. ETF $AZIA closed down, looks like (https://etf.com/sections/features/16389-global-x-launches-nigeria-mongolia-etfs.html)
$FMQQ $EMFM $FM
