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EMML

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1d
1w
1m

Analysis and statistics

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About

EMML.NEO represents Evolve ETFs' Evolve Metaverse ETF, traded on the NEO Exchange. This ETF aims to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Metaverse Index Canadian Dollar Hedged, or any successor thereto. The fund primarily invests in equity securities of companies involved in the metaverse, focusing on areas like virtual and augmented reality, gaming, digital infrastructure, and related technologies. It provides Canadian investors with exposure to the global metaverse trend while hedging against fluctuations in the Canadian dollar relative to other currencies within the index.
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Factors

Market Sentiment: Overall investor confidence and risk appetite impact EMML.NEO's price.

Emerging Market Performance: The ETF's price is heavily influenced by the performance of emerging market equities.

Currency Fluctuations: Changes in exchange rates between the Canadian dollar and emerging market currencies can affect returns.

Interest Rates: Interest rate changes in both Canada and emerging markets can impact the ETF's value.

Geopolitical Events: Political instability or economic events in emerging markets can significantly affect prices.

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