Global X is selling at 33.45 as of the 24th of November 2024; that is 0.36 percent increase since the beginning of the trading day. The etf's lowest day price was 33.37. Global X has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Global X SP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
The fund invests at least 80 percent of its total assets in the securities of the underlying index. Gx SP is traded on NYSEARCA Exchange in the United States. More on Global X SP
John Belanger, Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang
Transfer Agent
Brown Brothers Harriman & Co.
Fiscal Year End
31-Oct
Exchange
NYSE Arca, Inc.
Number of Constituents
506
Market Maker
Susquehanna
Total Expense
0.25
Management Fee
0.25
Country Name
USA
Returns Y T D
22.85
Name
Global X SP 500 Tail Risk ETF
Currency Code
USD
Open Figi
BBG01293DB09
In Threey Volatility
14.61
1y Volatility
10.74
200 Day M A
30.6788
50 Day M A
32.5892
Code
XTR
Updated At
23rd of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
0.26
Global X SP [XTR] is traded in USA and was established 2021-08-25. The fund is classified under Equity Hedged category within Global X Funds family. The entity is thematically classified as Large Cap ETFs. Global X SP at this time have 2.87 M in net assets. , while the total return for the last 3 years was 7.2%.
Check Global X Probability Of Bankruptcy
Geographic Allocation (%)
Global X SP Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Global X SP is a strong investment it is important to analyze Global X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global X's future performance. For an informed investment choice regarding Global Etf, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Global X SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of Global X SP is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.