IE000Y4K4833
IE000Y4K4833
Global Emerging Markets Research Enhanced Index Equity Active UCITS ETF
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About this ETF
The ETF mainly invests in stocks from the MSCI Emerging Market index, but may also invest in other stocks. The fund management tries to buy stocks, which are perceived to be the most likely ones, to surpass the reference index (MSCI Emerging Markets). Furthermore, the fund management tries to avoid companies of questionable ESG characteristics.
TER
0.35%
Total Expense Ratio per year
Fund Size
€2.41B
Assets under management
Holdings
388
Underlying equities
Dividend Yield
-
Distributing
Fundamentals & Estimates
Weighted valuation multiples and analyst forecasts
Valuation Multiples
Weighted P/E
16.03
Weighted Fwd P/E
6.61
💰 Revenue Estimates
Current Year CY
+45.49% ⌀ 21 Analysts Coverage
Next Year NY
+22.38% ⌀ 24 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+156.47% ⌀ 20 Analysts Coverage
Next Year NY
+35.68% ⌀ 21 Analysts Coverage
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ETF Profile
Provider
Fund Type
ETF Type
Actively Managed Inception Date
09/15/2021 (5 yrs)
Region
Emerging Markets Country
-
Sector
-
Strategy
Social / Environmental Theme
-
Distribution Policy
Distributing Replication
Full replication Sustainable
Yes 🛡️ Risk & Structural Analysis
Multi-Factor Risk Model & Market Data
7/7 Very High
Diversification Score: 65/100 Moderate
Diversification Score
65/100 Moderate
5Y Volatility
26.6% p.a.
Max Drawdown (5Y)
-34.0%
Sharpe Ratio (5Y)
0.15
Notes & Warnings
Fund Volume (AUM) 🟢 Established large fund (> 500M € AUM)
🟡 Moderate analyst coverage (19.9 analysts)
⚠️ Elevated emerging markets risk: 100% Emerging Markets.
⚠️ Sector concentration: 43% in "Technology".
ℹ️ Tech-Capex Exposure: 43% in semiconductors & hardware – dependent on hyperscaler capex cycles.
⚠️ Elevated Regulatory & Policy Risk: 38% in heavily regulated industries (defense, regulated utilities, healthcare policy).
⚠️ Elevated Short-Term Volatility: 3Y volatility (31.2%) is noticeably higher than the 5Y average (26.6%).