REMG:NASDAQRussell Investments Emerging Markets Equity ETF Analysis
Data as of 2026-07-31 - not real-time
$34.87
Latest Price
7/10Risk
Risk Level: Medium
Executive Summary
The Russell Investments Emerging Markets Equity ETF (REMG) has delivered a robust YTD return of 24.7%, trading at $34.87, which sits above the identified support of $33.63 and below the resistance of $37.13. Technical indicators show a neutral trend with the 20‑day SMA at $35.44 and the 200‑day SMA at $32.69, while the RSI of 45.5 suggests the fund is neither overbought nor oversold. However, the MACD histogram remains bearish (-0.10) and the MACD line sits below its signal, hinting at short‑term downside pressure. Volatility is elevated at over 33% 30‑day and a beta of 1.49 signals higher sensitivity to market swings, yet the fund benefits from a zero tracking error and a modest expense ratio of 0.64%. Investor sentiment is extremely bullish, as reflected by a Fear & Greed Index of 91.32, and volume trends are increasing, supporting liquidity. Given these dynamics, the ETF appears well‑positioned for continued upside in the medium to long term, provided investors can tolerate the inherent emerging‑market risk.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 6/10
Key Factors
- price is near the $33.63 support level
- bearish MACD histogram suggests limited upside
- increasing volume trend supports stability
Medium Term
1–3 yearsPositive
Model confidence: 7/10
Key Factors
- strong YTD performance of 24.7% indicates momentum
- Extreme Greed sentiment (Fear & Greed Index 91.32) boosts demand
- beta of 1.49 offers higher upside potential in rising markets
Long Term
> 3 yearsPositive
Model confidence: 8/10
Key Factors
- diversified exposure to emerging market equities
- zero tracking error and low expense ratio (0.64%) enhance efficiency
- long‑term growth prospects in emerging economies support sustained returns
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.64%
AUM$106.5M
Inception Date2025-05-29
Avg Daily Volume53,010
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield1.10%
Technical Analysis
TrendNeutral
RSI45.5
Support$33.63
Resistance$37.13
MA 20$35.44
MA 50$36.37
MA 200$32.69
MACDBearish
VolumeIncreasing
Fear & Greed Index91.32
Risk Assessment
Beta1.49
Volatility33.13%
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.