Driehaus Emerging Markets Growth Fund

DREGX · NASDAQ

Market closed$55.31$-0.910000 (-1.62%)

Key statistics

Previous close$56.22
Open$55.31
Day high$55.31
Day low$55.31
52-week high$62.03
52-week low$40.78
Market cap4.90B
Volume
Average volume
P/E ratio
Forward P/E
EPS
Dividend yield0.00%

Market context

Why it moved

DREGX declined today likely due to broad market weakness and risk-off sentiment, as reflected in significant declines seen across related equity holdings, weighing on the fund's net asset value.

What is happening

Recent company-specific developments and publisher coverage.

July 15, 2026Driehaus Emerging Markets Growth Fund declined amid a mixed market backdrop, as emerging market-focused funds face headwinds from China's Q2 GDP miss and ongoing geopolitical uncertainty around the Iran conflict affecting energy and global trade flows. While the broader financial services sector is buoyed by blowout Wall Street bank earnings — Goldman Sachs, JPMorgan, and BlackRock all beat Q2 estimates — the fund's EM-focused mandate means it is more sensitive to softer Chinese growth data and elevated oil price volatility stemming from the collapsed U.S.-Iran interim peace deal.

-1.8791

July 13, 2026Driehaus Emerging Markets Growth Fund is trading essentially flat as investors navigate a complex macro backdrop heading into a pivotal week. Emerging market equities have broadly rallied nearly 29% year-to-date, supported by AI-driven strength in Taiwan and South Korea, though renewed U.S.-Iran hostilities are weighing on risk sentiment and pushing oil higher. Vietnam's anticipated FTSE Russell emerging market index inclusion in September — projected to trigger $1.5–$2 billion in passive inflows — adds a near-term catalyst for EM-focused funds like DREGX, while Q2 earnings season kicking off with major U.S. banks this week may further shape broader investor appetite for the asset class.

0.0855

Trustnet · March 25, 2025The two most consistent emerging markets fundsBarron's · October 16, 2024Emerging Markets Are Taking Off. 7 Funds to Ride the Rally.Trustnet · January 3, 2023The emerging market funds that have ticked (just about) all the boxes since 2020

Peers