Global X Etf Profile
Equity ratings for Global X are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
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RefreshGlobal Etf Highlights
| Old Name | Global X/JPMorgan Efficiente Index ETF |
| Business Concentration | World Allocation, Global X Funds (View all Sectors) |
| Nav Price | 25.78 |
| Two Hundred Day Average | 25.09 |
| Ytd | 4.66% |
| Average Daily Volume In Three Month | 216 |
| Fifty Two Week Low | 24.41 |
| As Of Date | June 30, 2019 |
| Fifty Two Week High | 27.2 |
| One Month | 2.84% |
| Fifty Day Average | 25.74 |
| Three Month | 2.21% |
| Beta In Three Year | 0.74 |
Global X [EFFE] is traded in USA and was established 2014-10-22. The fund is listed under World Allocation category and is part of Global X Funds family. Global X currently have 5.15 M in assets under management (AUM). , while the total return for the last 3 years was 4.92%.
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Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Global X Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Global X Etf Constituents
| IAU | iShares Gold Trust | Etf | Commodities Focused | |
| TLT | iShares 20 Year | Etf | Long Government | |
| LQD | iShares iBoxx Investment | Etf | Corporate Bond | |
| EMB | iShares JP Morgan | Etf | Emerging Markets Bond | |
| SHY | iShares 1 3 Year | Etf | Short Government | |
| VOO | Vanguard SP 500 | Etf | Large Blend | |
| VWO | Vanguard FTSE Emerging | Etf | Diversified Emerging Mkts | |
| JNK | SPDR Bloomberg High | Etf | High Yield Bond |
Global X Against Markets
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Global X Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Global X etf to make a market-neutral strategy. Peer analysis of Global X could also be used in its relative valuation, which is a method of valuing Global X by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Investing Opportunities 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 census. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |