Global X S&P 500 Catholic Values
ALTAR
Score™
5.9% info Recommen-
dation
NEUTRAL
2019E    2020E
P/E
ratio
18.7x P/Sales
ratio
2.1x
P/BV
ratio
3.2x Div.
yield
1.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Global X S&P 500 Catholic Values ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Catholic Values Index.

FUND BASICS
Category US Equities
Fund Sponsor Global X
Website www.globalxfunds.com
Inception date Apr 18, 2016
Assets (mns) $293
Currency USD
Expense ratio 29 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 460
Wgt avg mkt cap (mns) $275,085
Large cap (>$10bn) 97.7%
Mid cap ($2-10bn) 2.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 4.5 %
APPLE INC 4.4 %
AMAZON.COM INC 2.9 %
FACEBOOK 1.9 %
BERKSHIRE HATHAWAY INC-CL B 1.7 %
JPMORGAN CHASE & CO 1.6 %
COCA-COLA CO/THE 1.5 %
ALPHABET INC. CLASS C 1.5 %
ALPHABET INC. CLASS A 1.5 %
MEDTRONIC PLC 1.3 %
Total 22.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.5 %
IRELAND 2.6 %
BRITAIN 1.1 %
SWITZERLAND 0.4 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
28.1% 15.8% -- -- 14.6%

Market Correlations
versus... Beta R-squared
S&P500 1.01 99%
MSCI EAFE 0.91 67%
MSCI Emg. Mkts. 0.64 53%

Technical Indicators
Recent close $38.31
30d moving avg. $37.99
Annualized volatility 12.3%
Short interest (ETF) 0.2%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 20
Turnover 0.3%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $129,411

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Global X S&P 500 Catholic Values ETF based on the alternatives' overlap in portfolio holdings with CATH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: CATH Expense: 29 bp ALTAR Score™: 5.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH CATH
Ticker Fund
Name
Overlap1
vs CATH
(%)
Expense
ratio
(bp)
Savings
vs CATH
(bp)
ALTAR
Score™
(%)
ALTAR
vs CATH
(%)
PBP Invesco S&P 500 Buy/Write 85.1 49 -20 5.5 -0.4
SPY S&P 500 SPDR 84.2 9 20 5.9 +0.0
HSPX Global X S&P 500 Covered Call 84.2 65 -36 5.3 -0.5
IVV iShares Core S&P 500 84.2 4 25 5.9 +0.1
VOO Vanguard S&P 500 ETF 84.2 3 26 6.0 +0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free 82.6 20 9 5.9 +0.1
SPXE ProShares S&P 500 Ex-Energy 81.6 27 2 5.9 -0.0
SPXV ProShares S&P 500 Ex-Health Care 80.7 27 2 5.7 -0.2
VV Vanguard Large-Cap ETF 80.5 4 25 5.8 -0.0
PBUS Invesco PureBeta MSCI USA 80.2 4 25 6.0 +0.1
BBUS JP Morgan Betabuilders U.S. Equity 79.8 2 27 5.9 -0.0
SCHX Schwab U.S. Large-Cap 77.8 3 26 5.8 -0.1
SPLG SPDR Portfolio Large Cap 76.4 3 26 5.8 -0.1
SCHK Schwab 1000 Index 75.6 5 24 5.8 -0.0
IWB iShares Russell 1000 75.5 15 14 5.7 -0.1
VONE Vanguard Russell 1000 75.4 12 17 5.8 -0.1
IYY iShares DJ US Total Market 74.1 20 9 5.7 -0.2
MGC Vanguard Mega Cap 300 ETF 74.0 7 22 5.8 -0.0
SFY SoFi Select 500 73.6 0 29 5.6 -0.3
ESGV Vanguard ESG U.S. Stock 73.3 12 17 5.8 -0.1

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2014 2015 2016 2017 2018 2019E 2020E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Global X S&P 500 Catholic Values
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.5 %
Divided by: Fwd. P/BV 2.8 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 5.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.56
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.