Global X Competition

Etfs USA . 
Etf . Global X
Global X competes with ETF Series, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and Via Renewables; as well as few others. Analyzing Global X competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Global X to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Global X competition on your existing holdings.
  
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Global X Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Global X and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Global and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Global X does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.83
CRM
CRM
+ 0.73
T
XOM
+ 0.72
META
CRM
+ 0.68
META
XOM
+ 0.68
CRM
MRK
+ 0.64
A
  
High negative correlations   
MRK
- 0.92
CRM
MRK
- 0.83
JPM
MRK
- 0.76
T
JPM
- 0.65
A
XOM
- 0.57
MRK
MRK
- 0.56
META

Global X Competition Risk-Adjusted Indicators

There is a big difference between Global Etf performing well and Global X ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Global X's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.05  0.00 (0.03) 0.12  1.40 
(1.14)
 2.62 
(3.15)
 8.02 
MSFT  0.88 (0.08)(0.07) 0.01  1.51 
(0.82)
 2.09 
(1.85)
 8.19 
UBER  1.60 (0.14) 0.00 (0.02) 0.00 
 0.00 
 2.69 
(2.44)
 20.10 
F  1.43 (0.12)(0.02) 0.04  2.19 
(1.43)
 2.75 
(2.90)
 11.72 
T  0.92  0.28  0.14  24.43  0.85 
(1.04)
 2.56 
(1.72)
 6.47 
A  1.14 (0.13) 0.00 (0.12) 0.00 
 0.00 
 2.29 
(2.42)
 9.02 
CRM  1.28  0.29  0.25  0.37  0.90 
(1.52)
 3.18 
(1.91)
 9.09 
JPM  1.12  0.00  0.06  0.12  1.44 
(1.17)
 2.05 
(2.00)
 15.87 
MRK  0.85 (0.26) 0.00 (1.12) 0.00 
 0.00 
 1.73 
(2.13)
 4.89 
XOM  1.03  0.03 (0.01) 0.18  1.21 
(1.11)
 2.14 
(2.09)
 5.78 
All Fundamental Data

Global X Competitive Analysis

The better you understand Global X competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Global X's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Global X's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MSTQ AQUI MSTSX ABHYX LBHIX SCAXF VIASP RRTLX OSHDF JRBEX
 0.09 
 33.54 
ETF
 0.00 
 0.01 
Aquagold
 0.51 
 11.79 
Morningstar
 0.11 
 8.96 
High-yield
 0.24 
 4.26 
Thrivent
 0.00 
 0.01 
Sparta
 1.51 
 22.12 
Via
 0.24 
 12.60 
RRTLX
 0.00 
 0.01 
Oshidori
 0.30 
 27.07 
Jpmorgan
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Very steady
Very steady
Out of control
Very steady
Market Performance
(90 Days Performance)
Insignificant
Very Weak
Insignificant
Insignificant
Good
Very Weak
OK
Insignificant
OK
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Average
Low
Low
Low
Low
Average
Low
Above Average
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Sell
Strong Hold
Strong Sell
Strong Sell
Strong Sell
Hold
Hold
Strong Sell
Strong Hold
Current Ratio
N/A
N/A
N/A
N/A
N/A
0.62
3.49
N/A
N/A
N/A
Net Asset
5.18 M
3.19 K
116.1 M
672.37 M
674.44 M
3.06 M
355.28 M
1.46 B
6.31 B
2.37 B
Profit Margin
N/A
N/A
N/A
N/A
N/A
-0.1
0.0094
N/A
N/A
N/A
EBITDA
N/A
(727.69 K)
N/A
N/A
N/A
(21.53 K)
33.09 M
N/A
(3.49 B)
N/A
Current Valuation
N/A
912.76 K
N/A
N/A
N/A
5.73 M
535.95 M
N/A
103.84 M
N/A
Price To Book
N/A
N/A
N/A
N/A
1.58
34.42
N/A
2.13
0.005
1.99
Operating Margin
N/A
N/A
N/A
N/A
N/A
-0.15
-0.14
N/A
1.04
N/A
Retained Earnings
N/A
(4.18 M)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Five Year Return
N/A
N/A
8.6
1.69
3.31
N/A
8.97
0.0406
N/A
6.51
One Year Return
24.9
N/A
19.87
11.13
11.68
N/A
N/A
0.067
N/A
17.67
Beta
N/A
7.05
N/A
N/A
N/A
1.75
1.16
N/A
0.67
N/A
Equity Positions Weight
102.66
N/A
61.63
N/A
0.07
N/A
N/A
38.52
N/A
58.02
Number Of Employees
N/A
7
1
1
1
8
169
1
31
1
Cash Position Weight
N/A
N/A
14.28
0.1
6.56
N/A
N/A
7.22
N/A
3.46
Shares Outstanding
N/A
965.83 K
N/A
N/A
N/A
233.95 M
N/A
N/A
6.11 B
N/A
Three Year Return
N/A
N/A
7.0
-0.63
2.59
N/A
N/A
0.0491
N/A
2.68
Cash Flow From Operations
N/A
(218.19 K)
N/A
N/A
N/A
210.37 K
12.7 M
N/A
499.26 M
N/A
Annual Yield
N/A
N/A
0.021
0.0041
0.0617
N/A
0.0972
0.0211
N/A
0.0232
Total Debt
N/A
N/A
N/A
N/A
N/A
125 K
135 M
N/A
N/A
N/A
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
0.017
N/A
-0.5
N/A
Bond Positions Weight
N/A
N/A
22.72
2.0
92.23
N/A
N/A
14.43
N/A
37.49
Z Score
N/A
N/A
N/A
N/A
N/A
37.6
1.0
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
269.0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
-5.5
N/A
N/A
N/A
-0.21
-0.11
N/A
-0.46
N/A
Book Value Per Share
N/A
-1.18
N/A
N/A
N/A
-0.002
3.66
N/A
0.89
N/A
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
4.29 K
N/A
N/A
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
2 K
N/A
N/A
N/A
N/A
1000 K
Current Liabilities
N/A
794 K
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
5.18 M
3.19 K
215.11 M
243.16 M
347.66 M
3.06 M
355.28 M
1.03 B
6.31 B
6.27 M
Last Dividend Paid
N/A
N/A
N/A
0.03
0.02
N/A
0.73
0.14
N/A
0.12
Debt To Equity
N/A
N/A
N/A
N/A
N/A
101.0
0.69
N/A
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
0.7
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.84
N/A
Market Capitalization
N/A
96.58 K
50.36 M
N/A
N/A
7.72 M
N/A
N/A
233.49 M
N/A
Price To Earning
N/A
-0.22
N/A
N/A
35.48
19.55
26.83
18.25
N/A
17.63
Price To Sales
N/A
N/A
N/A
N/A
1.23
0.63
N/A
1.57
N/A
1.43
Net Income
N/A
(627.79 K)
N/A
N/A
N/A
(609.44 K)
5.2 M
N/A
(3.15 B)
N/A
Earnings Per Share
N/A
-0.63
N/A
N/A
N/A
-0.003
1.17
N/A
N/A
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
9.51
N/A
N/A
30.28
N/A
Year To Date Return
N/A
N/A
13.69
6.09
6.69
N/A
N/A
-0.0211
N/A
11.58
Revenue
N/A
N/A
N/A
N/A
N/A
5.19 M
393.49 M
N/A
(3.1 B)
N/A
Working Capital
N/A
(794 K)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Ten Year Return
N/A
N/A
N/A
4.84
6.0
N/A
N/A
5.76
N/A
N/A
Cash And Equivalents
N/A
1.15 K
N/A
N/A
N/A
909.32 K
51.31 M
N/A
N/A
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
3.23
N/A
N/A
N/A
Gross Profit
N/A
(143.88 K)
N/A
N/A
N/A
3.68 M
74.67 M
N/A
(4.09 B)
N/A
Day Typical Price
33.57
0.006
11.79
8.96
4.26
0.015
22.18
12.6
0.01
27.07
Accumulation Distribution
137.62
N/A
N/A
N/A
N/A
N/A
127.12
N/A
N/A
N/A
Daily Balance Of Power
0.25
0.0
9.2 T
9.2 T
9.2 T
0.0
(1.89)
9.2 T
0.0
9.2 T
Period Momentum Indicator
0.03
N/A
0.06
0.01
0.01
N/A
(0.34)
0.03
N/A
0.08
Rate Of Daily Change
1.0
1.0
1.01
1.0
1.0
1.0
0.98
1.0
1.0
1.0
Day Median Price
33.59
0.006
11.79
8.96
4.26
0.015
22.21
12.6
0.01
27.07
Price Action Indicator
(0.04)
N/A
0.03
0.005
0.005
N/A
(0.26)
0.015
N/A
0.04
Relative Strength Index
63.16
N/A
60.67
40.52
69.23
N/A
58.19
63.99
N/A
62.58
Coefficient Of Variation
1880.42
N/A
1347.71
2046.85
583.8
(812.40)
1077.04
1246.41
812.4
1441.02
Mean Deviation
0.74
N/A
0.477
0.1662
0.1099
0.7004
0.7202
0.2378
39.65
0.3535
Jensen Alpha
(0.06)
N/A
(0.04)
0.0189
0.0139
(0.37)
N/A
(0.02)
20.22
(0.03)
Total Risk Alpha
(0.12)
N/A
(0.06)
(0.04)
(0.01)
(0.82)
(0.08)
(0.03)
(5.63)
(0.05)
Sortino Ratio
(0.06)
N/A
(0.13)
(0.25)
(0.41)
N/A
(0.02)
(0.31)
N/A
(0.21)
Downside Variance
1.45
N/A
0.4033
0.2181
0.0625
N/A
1.57
0.1188
N/A
0.2159
Standard Deviation
1.02
N/A
0.6268
0.2865
0.1689
2.89
1.14
0.308
163.54
0.4547
Kurtosis
0.9586
N/A
0.1933
8.65
3.69
66.0
5.9
0.049
66.0
0.1707
Potential Upside
1.54
N/A
1.21
0.3382
0.2381
N/A
2.28
0.5564
N/A
0.7868
Treynor Ratio
0.0518
N/A
0.0581
(0.03)
0.4574
(25.57)
N/A
0.0495
(24.88)
0.0505
Maximum Drawdown
4.71
N/A
2.8
1.91
0.9552
23.47
7.18
1.37
1328.57
2.14
Variance
1.04
N/A
0.3929
0.0821
0.0285
8.35
1.31
0.0949
26743.97
0.2067
Market Risk Adjusted Performance
0.0618
N/A
0.0681
(0.02)
0.4674
(25.56)
N/A
0.0595
(24.87)
0.0605
Risk Adjusted Performance
0.0433
N/A
0.0547
0.0207
0.096
(0.09)
0.0745
0.0466
0.1044
0.0464
Skewness
(0.67)
N/A
0.1197
(1.72)
1.16
(8.12)
(0.94)
0.0337
8.12
(0.10)
Semi Deviation
1.1
N/A
0.5046
0.2597
0.0
N/A
1.05
0.2395
N/A
0.3965
Information Ratio
(0.07)
N/A
(0.13)
(0.41)
(0.60)
(0.17)
(0.02)
(0.34)
0.1223
(0.22)
Value At Risk
(2.40)
N/A
(1.02)
(0.33)
(0.24)
N/A
(1.15)
(0.56)
N/A
(0.86)
Expected Short fall
(0.73)
N/A
(0.59)
(0.23)
(0.29)
N/A
(0.80)
(0.27)
N/A
(0.40)
Downside Deviation
1.21
N/A
0.635
0.467
0.25
N/A
1.25
0.3447
N/A
0.4647
Semi Variance
1.2
N/A
0.2546
0.0674
(0.02)
N/A
1.1
0.0574
N/A
0.1572

Global X Competition Performance Charts

Five steps to successful analysis of Global X Competition

Global X's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Global X in relation to its competition. Global X's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Global X in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Global X's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Global X, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Global X position

In addition to having Global X in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Shipbuilding Railroad Equipment Thematic Idea Now

Shipbuilding Railroad Equipment
Shipbuilding Railroad Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 constituents at this time.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Other Tools for Global Etf

When running Global X's price analysis, check to measure Global X's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global X is operating at the current time. Most of Global X's value examination focuses on studying past and present price action to predict the probability of Global X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global X's price. Additionally, you may evaluate how the addition of Global X to your portfolios can decrease your overall portfolio volatility.
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