Global X Top Guru Holdings
ALTAR
Score™
4.6% info Recommen-
dation
UNDERWEIGHT
2019E    2020E
P/E
ratio
20.6x P/Sales
ratio
1.6x
P/BV
ratio
2.6x Div.
yield
1.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X Top Guru Holdings Index ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that generally correspons to the price and performance, before fees and expenses, of the Top Guru Holdings Index.

FUND BASICS
Category US Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Jun 05, 2012
Assets (mns) $58
Currency USD
Expense ratio 75 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Equal
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 58
Wgt avg mkt cap (mns) $122,957
Large cap (>$10bn) 81.2%
Mid cap ($2-10bn) 16.9%
Small cap (<$2bn) 1.9%
Developed mkts 93.2%
Emerging mkts 6.8%

TOP TEN HOLDINGS
GRUPO TELEVISA SA-SPONS ADR 2.3 %
VALEANT PHARMACEUTICALS INTE 2.1 %
XPO LOGISTICS INC 2.1 %
CIGNA CORP 2.0 %
SPIRIT AEROSYSTEMS HOLD-CL A 2.0 %
DAVITA INC 2.0 %
CHARTER COMMUNICATIONS, INC. CLASS 2.0 %
CITIGROUP INC 2.0 %
NEUROCRINE BIOSCIENCES INC 2.0 %
LIBERTY BROADBAND CORP. CLASS C 1.9 %
Total 20.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 84.5 %
CANADA 5.0 %
CHINA 3.5 %
BERMUDA 1.8 %
BRITAIN 1.7 %
MEXICO 1.7 %
BRAZIL 1.6 %




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.
29.8% 17.4% 6.5% -- 13.2%

Market Correlations
versus... Beta R-squared
S&P500 1.11 92%
MSCI EAFE 1.02 64%
MSCI Emg. Mkts. 0.74 54%

Technical Indicators
Recent close $35.33
30d moving avg. $34.97
Annualized volatility 14.0%
Short interest (ETF) 0.0%
Short interest (Underlying) 4.2%
Relative strength (RSI) 71

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.2%
Bid/Ask (% of price) 0.33%
ADV underlying (mns) $31,448

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Global X Top Guru Holdings ETF based on the alternatives' overlap in portfolio holdings with GURU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: GURU Expense: 75 bp ALTAR Score™: 4.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH GURU
Ticker Fund
Name
Overlap1
vs GURU
(%)
Expense
ratio
(bp)
Savings
vs GURU
(bp)
ALTAR
Score™
(%)
ALTAR
vs GURU
(%)
GVIP Goldman Sachs Hedge Industry VIP 31.5 45 30 5.4 +0.8
USMC Principal U.S. Mega-Cap Multi-Factor Index 17.3 12 63 5.4 +0.8
IWL iShares Russell Top 200 16.7 15 60 5.7 +1.1
OEF iShares S&P 100 16.7 20 55 5.5 +0.9
XLG Invesco S&P Top 50 16.5 20 55 5.2 +0.6
SCHG Schwab U.S. Large-Cap Growth 16.5 4 71 4.9 +0.3
MGC Vanguard Mega Cap 300 ETF 16.4 7 68 5.8 +1.2
SPXV ProShares S&P 500 Ex-Health Care 16.2 27 48 5.7 +1.1
SPXE ProShares S&P 500 Ex-Energy 16.0 27 48 5.9 +1.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free 15.9 20 55 5.9 +1.3
VOOG Vanguard S&P 500 Growth 15.8 15 60 5.0 +0.4
IVW iShares S&P 500 Growth 15.8 18 57 4.9 +0.3
SPYG SPDR Portfolio S&P 500 Growth 15.8 4 71 5.1 +0.4
PRID InsightShares LGBT Employment Equality 15.8 65 10 5.4 +0.7
PBP Invesco S&P 500 Buy/Write 15.8 49 26 5.5 +0.8
HSPX Global X S&P 500 Covered Call 15.6 65 10 5.3 +0.7
SPY S&P 500 SPDR 15.6 9 66 5.9 +1.3
IVV iShares Core S&P 500 15.6 4 71 5.9 +1.3
JKE iShares Morningstar Large Cap Growth 15.6 25 50 4.0 -0.6
SPXT ProShares S&P 500 Ex-Technology 15.6 27 48 6.0 +1.3

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%.

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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 Top Guru Holdings
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.7 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 4.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.42 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.