What is the EMAG ETF? - A Comprehensive Guide to Returns, Expense Ratios, Holdings, and Alternative ETFs
The Emerging Markets AI Mag 3 ETF (EMAG) is an active ETF that focuses on three stocks related to artificial intelligence infrastructure in emerging markets. Its core exposure lies in Samsung Electronics, SK hynix, and Taiwanese foundry companies, featuring quarterly rebalancing and annual distributions. Due to its concentrated structure in a few stocks, it tends to have high volatility.
SubscribeWhat is the Emerging Markets AI Mag 3 ETF?
This is an active ETF that selects individual stocks instead of an index, focusing on the top three companies in emerging markets that supply AI semiconductors and memory. The management team re-evaluates the candidate pool every quarter to rotate the portfolio to the top three companies by market capitalization; currently, Taiwanese foundry companies, Samsung Electronics, and SK hynix form the core axis.
It is suitable for investors looking to participate in the growth of AI infrastructure by focusing on the emerging market semiconductor supply chain. It is appropriate for those who can tolerate individual stock volatility and are looking for a satellite asset for a diversified portfolio.
This is an actively managed ETF operated by EMX ETF.
How to invest in the Emerging Markets AI Mag 3 ETF?
| Item | Details |
|---|---|
| Tracking Index | Does not track an index (Active Theme) |
| Management Style | Active, concentrated on top three companies |
| Rebalancing Period | Quarterly stock reselection |
| Dividend/Distribution Frequency | Annually (based on disclosure) |
| Expense Ratio | 0.76% |
| Listing Exchange | Nasdaq |
A candidate pool of emerging markets is created based on the proportion of AI-related revenue and position within the value chain, and only the top three companies by market capitalization within that pool are included. Exposure to some stocks is secured through swaps and forward contracts, and holdings are reselected every quarter. This is active management that does not follow an index.
- Ultra-concentrated structure focusing on three stocks
- Securing some exposure through swaps instead of local equities
- Automatic rotation to the top three companies every quarter
Emerging Markets AI Mag 3 ETF Size and Cost (AUM·Management Fee)
Assets Under Management (AUM) is $0.5M(approx. ₩700M), and the Expense Ratio is 0.76% per year.
As it is in the early stages of listing, the bid-ask spread is wide and the daily trading volume is low. It is safer to approach using limit orders, as market orders may result in unfavorable execution prices.
Emerging Markets AI Mag 3 ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price Range
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 SMH | VanEck Semiconductor ETF | $522.49 | -7.0% | $71.9B | 0.35% | 0.21% | +43.6% |
 GDX | VanEck Gold Miners ETF | $77.09 | -5.2% | $25.1B | 0.51% | 0.82% | +5.8% |
 DRAM | Roundhill Memory ETF | $48.01 | -7.2% | $20.1B | 0.65% | - | - |
 CIBR | First Trust NASDAQ Cybersecurity ETF | $101.03 | -3.8% | $18.2B | 0.58% | 0.39% | +32.4% |
 IXN | iShares Global Tech ETF | $134.69 | -5.1% | $9.4B | 0.37% | 0.25% | +22.7% |
Investor Checkpoints for EMAG
This product is an active ETF where managers select individual stocks rather than tracking an index. Before purchasing, it is advisable to check concentration, trading liquidity, distribution policy, and currency exposure in order.
| Checkpoint | Details to Verify | Current Status |
|---|---|---|
| 💵 Total Expense Ratio | Impact on long-term holding costs | Check based on management company disclosures |
| 📊 Concentration | Weight of major holdings and replacement rules | Quarterly rebalancing structure |
| 💧 Liquidity | Daily trading volume and bid-ask spread | Relatively thin due to early stage of listing |
| 💱 Exchange Rate | Impact on profit/loss when converted to KRW | No currency hedge applied |
Since there are only three holdings, an earnings shock from a single company is reflected directly in the fund's returns. One must also monitor emerging market currency fluctuations, geopolitical risks in the Taiwan Strait and Korean Peninsula, and the memory industry cycle.
This is a candidate if the goal is to seek concentrated exposure to a small number of emerging market companies building AI infrastructure. However, due to its small scale and short track record, it is safer to approach it as a small satellite asset rather than a core asset. Distributions are made on an annual basis.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of October 31, 2026.
Today's 5 AI picks, all free