Summary
National Security Emerging Markets Index ETF is an ETF - a fund traded on an exchange like a stock - run by National Security. Positions inside: 102. The ten largest make up 48% of the fund.
- Yearly costs
- 0.75%
- Fund size
- $41.9M
- Positions
- 102
- Dividend yield
- 0.85%
- Running since
- 2023
What speaks for it
- Average yearly growth over the last three years: 16%.
What to watch
- 43% of the fund is in one sector (Technology).
- Costs of 0.75% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2023.
- A small fund with $41.9M under management; small funds get closed more often.
- It trades little: only about $47.9K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -4.0%
- 3 months
- -1.0%
- This year
- +9.2%
- 1 year
- +12%
- 3 years
- +56%
- Avg. market cap
- $553.7B
- P/E
- 9.5x
- Forward P/E
- 8.0x
- P/S
- 1.8x
- P/B
- 1.8x
- P/FCF
- 7.0x
- EV/EBITDA
- 6.2x
- Dividend yield
- 1.94%
- ROIC
- 18.8%
- ROE
- 24.4%
- Gross margin
- 47.7%
- Operating margin
- 29.4%
- Net margin
- 27.7%
- Payout ratio
- 18.5%
- Net debt/EBITDA
- -0.0x
- Beta
- 0.60
Weighted average of the 50 largest companies, which make up 85% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 TSTSMC TSM 14%
- 2 SMSamsung Electronics Co., Ltd. SMSN.IL 7.7%
- 3 ASASE ASX 4.3%
- 4 BBH SWEEP VEHICLE 4.0%
- 5 CIChina Construction Bank Corporation CICHY 3.8%
- 6 HHHon Hai Precision Industry Co., Ltd. HHPD.IL 3.4%
- 7 UMUnited Microelectronics UMC 2.8%
- 8 SKSK hynix Inc. SKHY 2.6%
- 9 PDPinduoduo PDD 2.4%
- 10 RIReliance Industries Limited RIGD.IL 2.3%
Positions in the fund: 102. The ten largest make up 48% of it.
Composition as of Oct 19, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 43%
- Financials 18%
- Consumer cyclical 10%
- Communication services 8.9%
- Basic materials 6.1%
- Other 13%
By country
- China 18%
- India 7.7%
- Brazil 6.8%
- South Africa 3.7%
- Other countries 64%
By company size
- Mega cap 30%
- Large cap 59%
- Mid cap 11%
- Small cap 0.3%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (43%). Largest country: China (18%). Largest size group: Large cap (59%).
What does it cost me?
Expensive- A year from $10,000
- $75.00
- Over 20 years
- $3,544
From every $10,000 invested the fund takes $75.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,544.
How has it done?
Growing over the long run- A year on average, 3 years
- +16%
- Deepest drop
- -21%
- Yearly volatility
- 22%
Average yearly growth over the last three years: 16%. Deepest drop in these years: 21% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.85%
- Payments a year
- 2
- Last payment
- $0.05
Over the last 12 months it paid $0.31 per share, which is 0.85% of today's price. The last payment was $0.05 on May 22, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $47.9K
- Shares a day
- 1.3K
On an average day about $47.9K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 9.5
- Average Bulios Score
- 71 out of 100
Weight by Bulios Fair Price
- Undervalued 43%
- Fairly valued 7.1%
- Overvalued 49%
On average the companies inside trade for 9.5 times their yearly profit. By Fair Price, 49% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 85% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
BR BREE MFS Blended Research Emerging Markets Equity ETF | United States | 0.44% | $25.0M | - | - | 26% |
AP APIE ActivePassive International Equity ETF | United States | 0.45% | $1.13B | +6.3% | Pays out | 23% |