ASEA
Global X FTSE Southeast Asia ETF · Global X
Intl & Global
1Y Return
+28.7%
Expense Ratio
0.65%
AUM
$98M
Dividend Yield
3.70%
Avg Annual Growth (10Y)
+2.7%
Issuer
Global X / Mirae Asset

Overview

Southeast Asia's 40 largest companies across Singapore, Thailand, Malaysia, Indonesia, and Philippines. ASEAN single-fund solution. DBS, Kasikornbank, Maybank, and Telkom Indonesia among top holdings.

Top Holdings

TickerHoldingWeight
D05DBS Group Holdings12.4%
KBANKKasikornbank8.4%
MAYBANKMalayan Banking7.8%
TLKMTelkom Indonesia6.4%
U11United Overseas Bank5.8%
O39OCBC Bank5.4%
PTTPTT PLC4.8%
SCCSiam Cement4.4%
Z74Singapore Telecom4.2%
BBCABank Central Asia3.8%

Fund Details

Index
FTSE ASEAN 40 Index
# Holdings
40
Inception
Feb 2011
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Annual
Avg Annual Growth (10Y)
+2.7%
Avg Annual Yield (10Y)
2.62%

Investment Thesis

ASEA provides a single-fund solution for investors who want diversified Southeast Asian equity exposure across the five major ASEAN economies without managing five separate country ETFs. The FTSE ASEAN 40 Index captures the 40 largest companies from Singapore, Thailand, Malaysia, Indonesia, and the Philippines, weighted by market capitalization. Singapore banking giants DBS, OCBC, and UOB represent a significant combined weight alongside Thai energy through PTT and Malaysian banking through Maybank. ASEAN's collective GDP growth trajectory, favorable demographics, and manufacturing competitiveness make it a compelling long-term growth region.

Who It's For

Investors who want comprehensive Southeast Asian equity exposure across the major ASEAN economies in a single fund without managing individual country ETF allocations. ASEA suits those who believe ASEAN's manufacturing competitiveness, demographic dividend, and growing middle class will drive multi-decade equity returns. The small fund size results in lower liquidity than individual country ETFs like EWS or EWM — factor bid-ask spreads into position sizing and entry planning.

10-Year History

Annual Closing Price
YearClose% Chg
2016$14.42--
2017$17.82+23.6%
2018$14.42-19.1%
2019$16.82+16.6%
2020$14.82-11.9%
2021$16.82+13.5%
2022$14.42-14.3%
2023$15.82+9.7%
2024$15.42-2.5%
2025$16.82+9.1%
Annual Dividend Yield
YearYield
20162.82%
20172.58%
20182.92%
20192.68%
20202.42%
20212.18%
20222.68%
20232.48%
20242.62%
20252.82%
Annual AUM
YearAUM% Chg
2016$0.1B--
2017$0.1B0.0%
2018$0.1B0.0%
2019$0.1B0.0%
2020$0.1B0.0%
2021$0.1B0.0%
2022$0.08B-20.0%
2023$0.08B0.0%
2024$0.08B0.0%
2025$0.08B0.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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