Form N-CSR Cover
Form N-CSR Cover | 12 Months Ended |
Aug. 31, 2024 | |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | EXCHANGE TRADED CONCEPTS TRUST |
Entity Central Index Key | 0001452937 |
Entity Investment Company Type | N-1A |
Document Period End Date | Aug. 31, 2024 |
Shareholder Report
Shareholder Report | 12 Months Ended |
Aug. 31, 2024 USD ($) Holding | |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | EXCHANGE TRADED CONCEPTS TRUST |
Entity Central Index Key | 0001452937 |
Entity Investment Company Type | N-1A |
Document Period End Date | Aug. 31, 2024 |
C000148468 | |
Shareholder Report [Line Items] | |
Fund Name | EMQQ The Emerging Markets Internet ETF |
Class Name | EMQQ The Emerging Markets Internet ETF |
Trading Symbol | EMQQ |
Security Exchange Name | NYSEArca |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about EMQQ The Emerging Markets Internet ETF (the "Fund") for the period from September 1, 2023 to August 31, 2024 |
Shareholder Report Annual or Semi-Annual | Annual Shareholder Report |
Additional Information [Text Block] | You can find additional information about the Fund at https://emqqetf.com/materials/. You can also request this information by contacting us at 1-855-888-9892. |
Additional Information Phone Number | 1-855-888-9892 |
Additional Information Website | https://emqqetf.com/materials/ |
Expenses [Text Block] | What were the Fund costs for the last year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment EMQQ The Emerging Markets Internet ETF $91 0.86% |
Expenses Paid, Amount | $ 91 |
Expense Ratio, Percent | 0.86% |
Factors Affecting Performance [Text Block] | How did the Fund perform in the last year? EMQQ The Emerging Markets ETF (the “Fund”) seeks investment results, before fees and expenses, that track the performance of EMQQ The Emerging Markets Internet Index (the “Index”). For the year ended August 31, 2024, the Fund has delivered a total return of 11.29% at Net Asset Value ("NAV"). This was primarily driven by strong underlying fundamentals of the Fund’s Indian internet companies, which are experiencing robust growth as the country undergoes rapid digitalization from a low base. The Fund also had several strong performers in Latin America driven by e-commerce and fintech companies supplanting market share from more traditional players in brick-and-mortar retail and financial services. The same phenomenon drove robust performance in e-commerce names in Southeast Asia. Prospects of interest rate cuts throughout 2024 also provided a boost to assets in emerging markets. |
Performance Past Does Not Indicate Future [Text] | Past performance is not indicative of future performance. |
Line Graph [Table Text Block] | EMQQ The Emerging Markets Internet ETF (NAV) - $13758 EMQQ The Emerging Markets Internet Index - $15103 MSCI Emerging Markets Index - $14018 S&P 500 ® Nov/14 $10000 $10000 $10000 $10000 Aug/15 $7654 $7686 $8388 $9837 Aug/16 $9962 $10135 $9380 $11072 Aug/17 $13770 $14150 $11681 $12870 Aug/18 $12937 $13415 $11602 $15400 Aug/19 $12558 $13125 $11096 $15850 Aug/20 $21454 $22625 $12703 $19327 Aug/21 $21288 $22604 $15386 $25350 Aug/22 $12533 $13414 $12031 $22504 Aug/23 $12362 $13357 $12182 $26092 Aug/24 $13758 $15103 $14018 $33172 |
No Deduction of Taxes [Text Block] | The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. |
AssetsNet | $ 364,101,762 |
Holdings Count | Holding | 73 |
Advisory Fees Paid, Amount | $ 3,402,713 |
InvestmentCompanyPortfolioTurnover | 26% |
Additional Fund Statistics [Text Block] | Total Net Assets Number of Holdings Total Advisory Fees Paid Portfolio Turnover Rate $364,101,762 73 $3,402,713 26% |
Holdings [Text Block] | Sector Weightings Footnote Reference Value Value Consumer Staples 0.4% Short-Term Investment 0.4% Information Technology 0.5% Real Estate 0.8% Industrials 1.5% Energy 8.2% Financials 19.1% Communication Services 25.7% Consumer Discretionary 44.2% Footnote Description Footnote * Percentages are calculated based on total net assets. |
Largest Holdings [Text Block] | Top Ten Holdings Holding Name Percentage of Total Net Assets Footnote Reference MercadoLibre 9.3% Reliance Industries 8.2% Alibaba Group Holding 6.7% Tencent Holdings 6.6% NU Holdings, Cl A 6.1% Meituan, Cl B 6.1% Sea ADR 5.6% PDD Holdings ADR 4.0% Coupang, Cl A 3.5% Kaspi.KZ JSC ADR 3.4% Footnote Description Footnote (A) Short-Term Investments, if any, are not shown in the top ten chart. |
Material Fund Change [Text Block] | Material Fund Changes This is a summary of certain changes to the Fund since September 1, 2023. For more complete information, you may review the Fund’s next prospectus, which we expect to be available by January 1, 2025, at https://emqqetf.com/materials/ or upon request at 1-855-888-9892. The Fund changed its name from EMQQ The Emerging Markets Internet & Ecommerce ETF to EMQQ The Emerging Markets Internet ETF. The Fund’s investment objective changed to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of EMQQ The Emerging Markets Internet Index. The Fund’s investment strategies and principal risks have been revised based on the revised methodology of the underlying index. |
Updated Prospectus Phone Number | 1-855-888-9892 |
Updated Prospectus Web Address | https://emqqetf.com/materials/ |
C000230780 | |
Shareholder Report [Line Items] | |
Fund Name | FMQQ The Next Frontier Internet ETF |
Class Name | FMQQ The Next Frontier Internet ETF |
Trading Symbol | FMQQ |
Security Exchange Name | NYSEArca |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about FMQQ The Next Frontier Internet ETF (the "Fund") for the period from September 1, 2023 to August 31, 2024 |
Shareholder Report Annual or Semi-Annual | Annual Shareholder Report |
Additional Information [Text Block] | You can find additional information about the Fund at https://fmqqetf.com/materials/. You can also request this information by contacting us at 1-855-888-9892. |
Additional Information Phone Number | 1-855-888-9892 |
Additional Information Website | https://fmqqetf.com/materials/ |
Expenses [Text Block] | What were the Fund costs for the last year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment FMQQ The Next Frontier Internet ETF $96 0.86% |
Expenses Paid, Amount | $ 96 |
Expense Ratio, Percent | 0.86% |
Factors Affecting Performance [Text Block] | How did the Fund perform in the last year? FMQQ The Next Frontier ETF (the “Fund) seeks investment results, before fees and expenses, that track the performance of FMQQ The Next Frontier Internet Index (the “Index”). For the year ended August 31, 2024, the Fund has a total return of 23.42% at Net Asset Value ("NAV"). This was primarily driven by strong underlying fundamentals of the Fund’s Indian internet companies. Indian internet and technology companies continue to experience robust growth due to India’s young demographics, increasing smartphone adoption, low mobile data costs and a rapidly digitizing economy. The Fund also had several strong performers in Latin America driven by e-commerce and fintech companies supplanting market share from more traditional players in brick-and-mortar retail and financial services. The same phenomenon drove strong performance in e-commerce names in Southeast Asia. Prospects of interest rate cuts throughout 2024 also provided a boost to assets in emerging markets. |
Performance Past Does Not Indicate Future [Text] | Past performance is not indicative of future performance. |
Line Graph [Table Text Block] | FMQQ The Next Frontier Internet ETF (NAV) - $5157 FMQQ The Next Frontier Internet Index - $5287 MSCI Frontier Markets Index - $9169 Sep/21 $10000 $10000 $10000 Aug/22 $4341 $4315 $8294 Aug/23 $4178 $4192 $8329 Aug/24 $5157 $5287 $9169 |
No Deduction of Taxes [Text Block] | The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. |
AssetsNet | $ 30,228,186 |
Holdings Count | Holding | 40 |
Advisory Fees Paid, Amount | $ 197,884 |
InvestmentCompanyPortfolioTurnover | 40% |
Additional Fund Statistics [Text Block] | Total Net Assets Number of Holdings Total Advisory Fees Paid Portfolio Turnover Rate $30,228,186 40 $197,884 40% |
Holdings [Text Block] | Sector Weightings Footnote Reference Value Value Information Technology 1.2% Industrials 3.6% Energy 7.6% Communication Services 18.9% Consumer Discretionary 31.8% Financials 37.5% Footnote Description Footnote * Percentages are calculated based on total net assets. |
Largest Holdings [Text Block] | Top Ten Holdings Holding Name Percentage of Total Net Assets Footnote Reference MercadoLibre 8.1% NU Holdings, Cl A 8.0% Reliance Industries 7.6% Sea ADR 6.8% Zomato 5.7% Kaspi.KZ JSC ADR 5.2% Bajaj Finance 4.4% Info Edge India 4.0% XP, Cl A 3.9% PB Fintech 3.9% Footnote Description Footnote (A) Short-Term Investments, if any, are not shown in the top ten chart. |
Material Fund Change [Text Block] | Material Fund Changes This is a summary of certain changes to the Fund since September 1, 2023. For more complete information, you may review the Fund’s next prospectus, which we expect to be available by January 1, 2025, at https://fmqqetf.com/materials/ or upon request at 1-855-888-9892. The Fund changed its name from FMQQ The Next Frontier Internet & Ecommerce ETF to FMQQ The Next Frontier Internet ETF. The Fund’s investment objective changed to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of FMQQ The Next Frontier Internet Index. The Fund’s investment strategies and principal risks have been revised based on the revised methodology of the underlying index. |
Updated Prospectus Phone Number | 1-855-888-9892 |
Updated Prospectus Web Address | https://fmqqetf.com/materials/ |
Shareholder Report, Line Graph
Shareholder Report, Line Graph (Details) - USD ($) | Sep. 27, 2021 | Nov. 12, 2014 | Aug. 31, 2024 | Aug. 31, 2023 | Aug. 31, 2022 | Aug. 31, 2021 | Aug. 31, 2020 | Aug. 31, 2019 | Aug. 31, 2018 | Aug. 31, 2017 | Aug. 31, 2016 | Aug. 31, 2015 |
C000148468 | ||||||||||||
Account Value [Line Items] | ||||||||||||
Line Graph and Table Measure Name | EMQQ The Emerging Markets Internet ETF (NAV) | |||||||||||
Account Value | $ 10,000 | $ 13,758 | $ 12,362 | $ 12,533 | $ 21,288 | $ 21,454 | $ 12,558 | $ 12,937 | $ 13,770 | $ 9,962 | $ 7,654 | |
C000230780 | ||||||||||||
Account Value [Line Items] | ||||||||||||
Line Graph and Table Measure Name | FMQQ The Next Frontier Internet ETF (NAV) | |||||||||||
Account Value | $ 10,000 | 5,157 | 4,178 | 4,341 | ||||||||
EMQQ The Emerging Markets Internet Index | ||||||||||||
Account Value [Line Items] | ||||||||||||
Line Graph and Table Measure Name | EMQQ The Emerging Markets Internet Index | |||||||||||
Account Value | $ 10,000 | 15,103 | 13,357 | 13,414 | 22,604 | 22,625 | 13,125 | 13,415 | 14,150 | 10,135 | 7,686 | |
FMQQ The Next Frontier Internet Index | ||||||||||||
Account Value [Line Items] | ||||||||||||
Line Graph and Table Measure Name | FMQQ The Next Frontier Internet Index | |||||||||||
Account Value | $ 10,000 | 5,287 | 4,192 | 4,315 | ||||||||
MSCI Emerging Markets Index | ||||||||||||
Account Value [Line Items] | ||||||||||||
Line Graph and Table Measure Name | MSCI Emerging Markets Index | |||||||||||
Account Value | $ 10,000 | 14,018 | 12,182 | 12,031 | 15,386 | 12,703 | 11,096 | 11,602 | 11,681 | 9,380 | 8,388 | |
S&P 500® Index | ||||||||||||
Account Value [Line Items] | ||||||||||||
Line Graph and Table Measure Name | ®</sup> Index" id="sjs-C24">S&P 500<sup style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 12px; font-weight: 700; grid-area: auto; line-height: 0px; margin: 0px; overflow: visible; position: relative; text-align: center;">®</sup> Index | |||||||||||
Account Value | $ 10,000 | 33,172 | 26,092 | 22,504 | $ 25,350 | $ 19,327 | $ 15,850 | $ 15,400 | $ 12,870 | $ 11,072 | $ 9,837 | |
MSCI Frontier Markets Index | ||||||||||||
Account Value [Line Items] | ||||||||||||
Line Graph and Table Measure Name | MSCI Frontier Markets Index | |||||||||||
Account Value | $ 10,000 | $ 9,169 | $ 8,329 | $ 8,294 |
Shareholder Report, Average Ann
Shareholder Report, Average Annual Return (Details) | 12 Months Ended | 35 Months Ended | 60 Months Ended | 118 Months Ended | ||
Sep. 27, 2021 | Nov. 12, 2014 | Aug. 31, 2024 | Aug. 31, 2024 | Aug. 31, 2024 | Aug. 31, 2024 | |
C000148468 | ||||||
Average Annual Return [Line Items] | ||||||
Line Graph and Table Measure Name | EMQQ The Emerging Markets Internet ETF (NAV) | |||||
C000230780 | ||||||
Average Annual Return [Line Items] | ||||||
Line Graph and Table Measure Name | FMQQ The Next Frontier Internet ETF (NAV) | |||||
Without Sales Load [Member] | C000148468 | ||||||
Average Annual Return [Line Items] | ||||||
Average Annual Return, Percent | 11.29% | 1.84% | 3.31% | |||
Without Sales Load [Member] | C000230780 | ||||||
Average Annual Return [Line Items] | ||||||
Average Annual Return, Percent | 23.42% | (20.24%) | ||||
EMQQ The Emerging Markets Internet Index | ||||||
Average Annual Return [Line Items] | ||||||
Line Graph and Table Measure Name | EMQQ The Emerging Markets Internet Index | |||||
Average Annual Return, Percent | 13.07% | 2.85% | 4.29% | |||
FMQQ The Next Frontier Internet Index | ||||||
Average Annual Return [Line Items] | ||||||
Line Graph and Table Measure Name | FMQQ The Next Frontier Internet Index | |||||
Average Annual Return, Percent | 26.13% | (19.55%) | ||||
MSCI Emerging Markets Index | ||||||
Average Annual Return [Line Items] | ||||||
Line Graph and Table Measure Name | MSCI Emerging Markets Index | |||||
Average Annual Return, Percent | 15.07% | 4.79% | 3.50% | |||
S&P 500® Index | ||||||
Average Annual Return [Line Items] | ||||||
Line Graph and Table Measure Name | ®</sup> Index" id="sjs-C29">S&P 500<sup style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 12px; font-weight: 700; grid-area: auto; line-height: 0px; margin: 0px; overflow: visible; position: relative; text-align: center;">®</sup> Index | |||||
Average Annual Return, Percent | 27.14% | 15.92% | 13% | |||
MSCI Frontier Markets Index | ||||||
Average Annual Return [Line Items] | ||||||
Line Graph and Table Measure Name | MSCI Frontier Markets Index | |||||
Average Annual Return, Percent | 10.08% | (2.92%) |
Shareholder Report, Holdings (D
Shareholder Report, Holdings (Details) | Aug. 31, 2024 |
C000148468 | MercadoLibre8148042 | |
Holdings [Line Items] | |
Percent of Total Investments | 9.30% |
C000148468 | Reliance Industries8148136 | |
Holdings [Line Items] | |
Percent of Total Investments | 8.20% |
C000148468 | Alibaba Group Holding8148068 | |
Holdings [Line Items] | |
Percent of Total Investments | 6.70% |
C000148468 | Tencent Holdings8148100 | |
Holdings [Line Items] | |
Percent of Total Investments | 6.60% |
C000148468 | NU Holdings8148046 | |
Holdings [Line Items] | |
Percent of Total Investments | 6.10% |
C000148468 | Meituan8148096 | |
Holdings [Line Items] | |
Percent of Total Investments | 6.10% |
C000148468 | Sea8148200 | |
Holdings [Line Items] | |
Percent of Total Investments | 5.60% |
C000148468 | PDD Holdings8148193 | |
Holdings [Line Items] | |
Percent of Total Investments | 4% |
C000148468 | Coupang8148031 | |
Holdings [Line Items] | |
Percent of Total Investments | 3.50% |
C000148468 | Kaspi.KZ JSC8148186 | |
Holdings [Line Items] | |
Percent of Total Investments | 3.40% |
C000148468 | Consumer Staples | |
Holdings [Line Items] | |
Percent of Net Asset Value | 0.40% |
C000148468 | Short-Term Investment | |
Holdings [Line Items] | |
Percent of Net Asset Value | 0.40% |
C000148468 | Information Technology | |
Holdings [Line Items] | |
Percent of Net Asset Value | 0.50% |
C000148468 | Real Estate | |
Holdings [Line Items] | |
Percent of Net Asset Value | 0.80% |
C000148468 | Industrials | |
Holdings [Line Items] | |
Percent of Net Asset Value | 1.50% |
C000148468 | Energy | |
Holdings [Line Items] | |
Percent of Net Asset Value | 8.20% |
C000148468 | Financials | |
Holdings [Line Items] | |
Percent of Net Asset Value | 19.10% |
C000148468 | Communication Services | |
Holdings [Line Items] | |
Percent of Net Asset Value | 25.70% |
C000148468 | Consumer Discretionary | |
Holdings [Line Items] | |
Percent of Net Asset Value | 44.20% |
C000230780 | MercadoLibre8148204 | |
Holdings [Line Items] | |
Percent of Total Investments | 8.10% |
C000230780 | NU Holdings8148207 | |
Holdings [Line Items] | |
Percent of Total Investments | 8% |
C000230780 | Reliance Industries8148258 | |
Holdings [Line Items] | |
Percent of Total Investments | 7.60% |
C000230780 | Sea8148291 | |
Holdings [Line Items] | |
Percent of Total Investments | 6.80% |
C000230780 | Zomato8148261 | |
Holdings [Line Items] | |
Percent of Total Investments | 5.70% |
C000230780 | Kaspi.KZ JSC8148286 | |
Holdings [Line Items] | |
Percent of Total Investments | 5.20% |
C000230780 | Bajaj Finance8148235 | |
Holdings [Line Items] | |
Percent of Total Investments | 4.40% |
C000230780 | Info Edge India8148244 | |
Holdings [Line Items] | |
Percent of Total Investments | 4% |
C000230780 | XP8148215 | |
Holdings [Line Items] | |
Percent of Total Investments | 3.90% |
C000230780 | PB Fintech8148255 | |
Holdings [Line Items] | |
Percent of Total Investments | 3.90% |
C000230780 | Information Technology | |
Holdings [Line Items] | |
Percent of Net Asset Value | 1.20% |
C000230780 | Industrials | |
Holdings [Line Items] | |
Percent of Net Asset Value | 3.60% |
C000230780 | Energy | |
Holdings [Line Items] | |
Percent of Net Asset Value | 7.60% |
C000230780 | Financials | |
Holdings [Line Items] | |
Percent of Net Asset Value | 37.50% |
C000230780 | Communication Services | |
Holdings [Line Items] | |
Percent of Net Asset Value | 18.90% |
C000230780 | Consumer Discretionary | |
Holdings [Line Items] | |
Percent of Net Asset Value | 31.80% |