Global X MLCC & Electronic Components ETF (MLCC)

The Global X MLCC & Electronic Components ETF is a thematic equity fund from Global X ETFs, the New York-based sponsor owned by Mirae Asset. It focuses on companies involved in producing multilayer ceramic capacitors (MLCCs) and other passive electronic components.

MLCCs are tiny components used in large numbers in smartphones, computers, servers, automobiles and industrial equipment. The fund follows an index-based approach to hold companies around the world, many of them in Asia, that manufacture these components or the materials used to make them.