Global X Conscious Companies ETF
ALTAR
Score™
4.8% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
25.5x P/Sales
ratio
3.0x
P/BV
ratio
4.1x Div.
yield
1.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Global X Conscious Companies ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Concinnity Conscious Companies Index.

FUND BASICS
Category US Equities
Fund Sponsor Global X
Website www.globalxfunds.com
Inception date Jul 11, 2016
Assets (mns) $415
Currency USD
Expense ratio 43 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-End Investment Co
Custodian
Weighting Equal
Index replication
Uses derivatives Yes
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 166
Wgt avg mkt cap (mns) $394,293
Large cap (>$10bn) 96.7%
Mid cap ($2-10bn) 3.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 6.1 %
MICROSOFT CORP 4.4 %
AMAZON.COM INC 3.5 %
ALPHABET INC. CLASS A 2.4 %
FACEBOOK 1.2 %
DISCOVERY COMMUNICATIONS-A 0.8 %
APPLIED MATERIALS INC 0.8 %
LAM RESEARCH CORP 0.7 %
F5 NETWORKS INC 0.7 %
MICRON TECHNOLOGY INC 0.7 %
Total 21.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.3 %
CANADA 1.0 %
IRELAND 0.5 %
BRITAIN 0.0 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
17.5% 17.5% -- -- 15.5%

Market Correlations
versus... Beta R-squared
S&P500 1.02 98%
MSCI EAFE 0.96 85%
MSCI Emg. Mkts. 0.78 73%

Technical Indicators
Recent close $28.06
30d moving avg. $27.50
Annualized volatility 19.4%
Short interest (ETF) 0.1%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 27
Turnover 0.2%
Bid/Ask (% of price) 0.31%
ADV underlying (mns) $139,010

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 97 potential alternatives to the Global X Conscious Companies ETF ETF based on the alternatives' overlap in portfolio holdings with KRMA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: KRMA Expense: 43 bp ALTAR Score™: 4.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH KRMA
Ticker Fund
Name
Overlap1
vs KRMA
(%)
Expense
ratio
(bp)
Savings
vs KRMA
(bp)
ALTAR
Score™
(%)
ALTAR
vs KRMA
(%)
ESGV Vanguard ESG U.S. Stock ETF 56.1 12 31 4.5 -0.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 55.0 15 28 4.7 -0.2
ESGU iShares MSCI USA ESG Optimized ETF 54.7 15 28 4.4 -0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 54.2 20 23 4.6 -0.3
MGC Vanguard Mega Cap Index Fund 53.2 7 36 4.6 -0.3
IWL iShares Russell Top 200 ETF 52.6 15 28 4.4 -0.5
PBP Invesco S&P 500 BuyWrite ETF 52.5 49 -6 4.3 -0.5
BKLC BNY Mellon US Large Cap Core Equity ETF 52.3 0 43 4.4 -0.4
XYLG Global X S&P 500 Covered Call & Growth ETF 51.9 60 -17 4.4 -0.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 51.8 20 23 4.8 -0.1
SPY SPDR S&P 500 ETF Trust 51.7 9 34 4.7 -0.2
IVV iShares Core S&P 500 ETF 51.7 3 40 4.7 -0.1
SPLG SPDR Portfolio Large Cap ETF 51.6 3 40 4.7 -0.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 51.4 9 34 4.8 -0.1
SPXE ProShares S&P 500 Ex-Energy ETF 51.4 27 16 4.6 -0.2
VOO VANGUARD S&P 500 ETF 51.2 3 40 4.8 -0.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 51.1 7 36 4.5 -0.3
XVV iShares ESG Screened S&P 500 ETF 50.9 8 35 4.9 +0.0
PBUS Invesco PureBeta MSCI USA ETF 50.7 4 39 4.6 -0.3
VV Vanguard Large-Cap Index Fund 50.7 4 39 4.6 -0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 50.6 2 41 4.6 -0.2
RESP WisdomTree US ESG Fund of Benef Interest 50.5 28 15 5.0 +0.2
EFIV SPDR S&P 500 ESG ETF 50.5 10 33 4.6 -0.3
SNPE Xtrackers S&P 500 ESG ETF 50.5 10 33 4.6 -0.3
SCHX Schwab U.S. Large-Cap ETF 49.9 3 40 4.6 -0.3
CATH Global X S&P 500 Catholic Values Custom ETF 49.9 29 14 4.6 -0.3
SPTM SPDR Portfolio Total Stock Market ETF 49.7 3 40 4.8 -0.1
SPXN ProShares S&P 500 Ex-Financials ETF 49.4 27 16 4.3 -0.5
IWB iShares Russell 1000 ETF 49.4 15 28 4.5 -0.4
SCHK Schwab 1000 Index ETF 49.3 5 38 4.6 -0.3
IYY iShares Dow Jones U.S. ETF 48.9 20 23 4.4 -0.4
EPS WisdomTree U.S. Earnings 500 Fund 48.5 8 35 5.9 +1.1
VTHR Vanguard Russell 3000 Index Fund 48.5 10 33 4.4 -0.5
IWV iShares Russell 3000 ETF 47.3 20 23 4.3 -0.6
SPXV ProShares S&P 500 Ex-Health Care ETF 47.3 27 16 4.3 -0.6
XOUT GraniteShares XOUT U.S. Large Cap ETF 47.2 60 -17 3.6 -1.3
SCHB Schwab U.S. Broad Market ETF 47.1 3 40 4.5 -0.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 46.9 3 40 4.4 -0.5
JHML John Hancock Multifactor Large Cap ETF 46.8 29 14 4.9 +0.0
SFY SoFi Select 500 ETF 46.8 0 43 4.6 -0.3
SUSA iShares MSCI USA ESG Select ETF 46.7 25 18 4.2 -0.6
VONE Vanguard Russell 1000 ETF 46.7 8 35 4.6 -0.3
DFAU Dimensional US Core Equity Market ETF 46.3 12 31 4.7 -0.2
VTI Vanguard Total Stock Market Index Fund 46.0 3 40 4.4 -0.4
ESG FlexShares STOXX US ESG Impact Index Fund 45.8 32 11 4.5 -0.4
NACP Impact Shares NAACP Minority Empowerment ETF 45.6 49 -6 4.7 -0.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 45.5 15 28 0.0 -4.8
OEF iShares S&P 100 ETF 45.4 20 23 4.2 -0.7
QUS SPDR MSCI USA StrategicFactors ETF 45.1 15 28 5.3 +0.4
IQSU IQ Candriam ESG US Equity ETF 45.0 9 34 4.5 -0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 45.0 12 31 4.0 -0.9
VOOG Vanguard S&P 500 Growth ETF 44.4 10 33 3.9 -1.0
AFLG First Trust Active Factor Large Cap ETF 44.2 55 -12 4.7 -0.2
AVUS Avantis U.S. Equity ETF 43.9 15 28 4.8 -0.0
SPYG SPDR Portfolio S&P 500 Growth ETF 43.5 4 39 3.6 -1.2
IVW iShares S&P 500 Growth ETF 43.5 18 25 3.5 -1.4
JQUA JPMorgan U.S. Quality Factor ETF 43.4 12 31 5.1 +0.2
IUSG iShares Core S&P US Growth ETF 42.7 4 39 3.6 -1.2
DIVB iShares U.S. Dividend & Buyback ETF 42.5 25 18 5.9 +1.1
WOMN Impact Shares YWCA Women's Empowerment ETF 42.3 75 -32 3.5 -1.3
FVAL Fidelity Value Factor ETF 41.7 29 14 6.8 +1.9
IUS Invesco Strategic US ETF 41.2 19 24 5.5 +0.6
HIPR Direxion High Growth ETF 40.8 40 3 3.8 -1.1
KOKU Xtrackers MSCI Kokusai Equity ETF 40.5 9 34 5.0 +0.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 40.4 30 13 5.3 +0.4
TOK iShares MSCI Kokusai ETF 40.4 25 18 4.9 +0.0
QLC FlexShares US Quality Large Cap Index Fund 40.4 32 11 4.4 -0.4
DLN WisdomTree U.S. LargeCap Dividend Fund 40.3 28 15 6.1 +1.3
IWY iShares Russell Top 200 Growth ETF 40.1 20 23 3.5 -1.3
IWF iShares Russell 1000 Growth ETF 40.1 19 24 3.4 -1.4
SPXT ProShares S&P 500 Ex-Technology ETF 39.9 27 16 4.9 +0.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 39.7 25 18 5.7 +0.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 39.6 49 -6 3.4 -1.5
VONG Vanguard Russell 1000 Growth Index Fund 39.6 8 35 3.5 -1.3
DSI iShares MSCI KLD 400 Social ETF 39.5 25 18 4.6 -0.3
FQAL Fidelity Quality Factor ETF 39.0 29 14 5.0 +0.1
RECS Columbia Research Enhanced Core ETF 38.9 15 28 5.1 +0.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 38.2 25 18 4.9 +0.0
PRF Invesco FTSE RAFI US 1000 ETF 38.1 39 4 5.7 +0.9
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 37.9 10 33 4.8 -0.0
VOOV Vanguard S&P 500 Value ETF 37.8 10 33 6.6 +1.8
DTD WisdomTree U.S.Total Dividend Fund 37.8 28 15 6.2 +1.4
SUSL iShares ESG MSCI USA Leaders ETF 37.8 10 33 4.8 -0.0
URTH iShares MSCI World ETF 37.6 24 19 5.0 +0.1
VUG Vanguard Growth Index Fund 37.5 4 39 3.5 -1.4
MGK Vanguard Mega Cap Growth ETF 37.3 7 36 3.6 -1.2
FLQL Franklin LibertyQ U.S. Equity ETF 37.2 15 28 5.9 +1.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 37.2 25 18 5.7 +0.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 37.0 19 24 5.3 +0.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 36.9 30 13 5.1 +0.2
DGRO iShares Core Dividend Growth ETF 36.8 8 35 6.0 +1.2
RWL Invesco S&P 500 Revenue ETF 36.8 39 4 6.3 +1.4
EQWL Invesco Russell Top 200 Equal Weight ETF 36.3 25 18 5.6 +0.8
ESGG FlexShares STOXX Global ESG Impact Index Fund 36.2 42 1 4.6 -0.3
ROUS Hartford Multifactor US Equity ETF 36.0 19 24 5.8 +1.0
RAFE PIMCO RAFI ESG U.S. ETF 35.6 30 13 6.7 +1.9
XLG Invesco S&P 500 Top 50 ETF 35.3 20 23 4.0 -0.8

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

  2015 2016 2017 2018 2019 2020E 2021E
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

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VALUATION METRICS
  2019 2020E 2021E
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 Conscious Companies ETF
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 19.2 %
Divided by: Fwd. P/BV 3.6 x
Less: Expense ratio 43 bp
Equals: ALTAR Score 4.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.49
 
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.