Global X Longevity Thematic ETF
ALTAR
Score™
4.5% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
21.5x P/Sales
ratio
3.1x
P/BV
ratio
3.1x Div.
yield
1.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X Longevity Thematic ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Indxx Global Longevity Thematic Index.

FUND BASICS
Category Global Equities
Fund Sponsor Global X
Website www.globalxfunds.com
Inception date May 10, 2016
Assets (mns) $21
Currency USD
Expense ratio 50 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 98
Wgt avg mkt cap (mns) $45,340
Large cap (>$10bn) 78.2%
Mid cap ($2-10bn) 17.0%
Small cap (<$2bn) 4.8%
Developed mkts 97.3%
Emerging mkts 2.7%

TOP TEN HOLDINGS
CHUGAI PHARMACEUTICAL CO LTD 6.0 %
BIOGEN IDEC INC 4.4 %
VERTEX PHARMACEUTICALS INC 4.2 %
BRISTOL-MYERS SQUIBB CO 4.1 %
REGENERON PHARMACEUTICALS 4.0 %
NOVO NORDISK A/S-B 3.9 %
AMGEN INC 3.5 %
MEDTRONIC PLC 3.4 %
EDWARDS LIFESCIENCES CORP 3.3 %
ABBVIE INC 3.1 %
Total 39.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 63.1 %
JAPAN 10.1 %
DENMARK 6.9 %
IRELAND 3.7 %
SOUTH KOREA 2.6 %
BRITAIN 2.5 %
SWITZERLAND 2.3 %
FRANCE 2.2 %
GERMANY 2.0 %
BELGIUM 1.6 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-14.6% -5.5% -- -- 7.8%

Market Correlations
versus... Beta R-squared
S&P500 0.86 67%
MSCI EAFE 0.77 53%
MSCI Emg. Mkts. 0.60 47%

Technical Indicators
Recent close $19.29
30d moving avg. $20.92
Annualized volatility 16.0%
Short interest (ETF) 0.4%
Relative strength (RSI) 36

Liquidity measures
Avg. volume (thou.) 9
Turnover 0.8%
Bid/Ask (% of price) 2.21%
ADV underlying (mns) $16,050

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Global X Longevity Thematic ETF ETF based on the alternatives' overlap in portfolio holdings with LNGR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: LNGR Expense: 50 bp ALTAR Score™: 4.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH LNGR
Ticker Fund
Name
Overlap1
vs LNGR
(%)
Expense
ratio
(bp)
Savings
vs LNGR
(bp)
ALTAR
Score™
(%)
ALTAR
vs LNGR
(%)
IEIH iShares Evolved U.S. Innovative Healthcare ETF 29.4 18 32 4.7 +0.2
IYH iShares U.S. Healthcare ETF 28.7 43 7 7.3 +2.8
RYH Invesco S&P 500 Equal Weight Health Care ETF 28.1 40 10 8.1 +3.6
VHT Vanguard Health Care Index Fund 27.9 10 40 6.7 +2.2
FHLC Fidelity MSCI Health Care Index ETF 27.5 8 42 6.8 +2.3
XLV Health Care Select Sector SPDR Fund 27.4 13 37 8.3 +3.8
JHMH John Hancock Multifactor Healthcare ETF 26.3 40 10 7.4 +2.9
FXH First Trust Health Care AlphaDEX Fund 25.0 62 -12 6.7 +2.3
GDNA Goldman Sachs Motif Human Evolution ETF 24.7 50 0 0.6 -3.9
IBB iShares NASDAQ Biotechnology ETF 24.6 47 3 0.9 -3.6
IHI iShares U.S. Medical Devices ETF 24.1 43 7 4.6 +0.1
IXJ iShares Global Healthcare ETF 23.9 46 4 7.4 +2.9
IEHS iShares Evolved U.S. Healthcare Staples ETF 22.9 18 32 7.1 +2.6
FBT First Trust NYSE Arca Biotechnology Index Fund 22.2 57 -7 -0.2 -4.7
BBH VanEck Vectors Biotech ETF 21.8 35 15 4.7 +0.2
XBI SPDR S&P BIOTECH ETF 19.2 35 15 -5.5 -10.0
HTEC ROBO Global Healthcare Technology & Innovation ETF 18.9 68 -18 1.0 -3.4
XHE SPDR S&P Health Care Equipment ETF 18.5 35 15 2.7 -1.7
PJP Invesco Dynamic Pharmaceuticals ETF 16.9 56 -6 12.8 +8.3
PBE Invesco Dynamic Biotechnology & Genome ETF 13.5 57 -7 -1.1 -5.5
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 13.1 60 -10 5.2 +0.7
SDG iShares Sustainable MSCI Global Impact ETF 12.7 49 1 7.7 +3.2
XT iShares Exponential Technologies ETF 12.5 47 3 6.9 +2.4
PTH Invesco DWA Healthcare Momentum ETF 11.9 60 -10 -4.4 -8.9
VSL Volshares Large Capital ETF 10.8 65 -15 8.7 +4.2
QGRO American Century STOXX U.S. Quality Growth ETF 9.8 29 21 4.6 +0.1
BTEC Principal Healthcare Innovators Index ETF 9.6 42 8 -5.4 -9.8
CLRG IQ Chaikin U.S. Large Cap ETF 9.3 25 25 11.6 +7.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 9.0 34 16 6.9 +2.4
CNCR Loncar Cancer Immunotherapy ETF 9.0 79 -29 -5.0 -9.4
MOAT VanEck Vectors Morningstar Wide Moat ETF 9.0 49 1 8.3 +3.8
OLD The Long-Term Care ETF 8.4 35 15 8.5 +4.0
FLAG FLAG-Forensic Accounting Long Short ETF 8.3 152 -102 11.8 +7.3
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 8.3 52 -2 7.0 +2.5
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF 8.2 75 -25 7.4 +2.9
CACG ClearBridge All Cap Growth ETF 8.0 54 -4 5.8 +1.3
IDNA iShares Genomics Immunology & Healthcare ETF 8.0 47 3 -3.6 -8.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 7.9 60 -10 5.7 +1.2
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 7.9 35 15 5.9 +1.5
FTXH First Trust Nasdaq Pharmaceuticals ETF 7.7 60 -10 8.1 +3.7
SPGP Invesco S&P 500 GARP ETF 7.6 35 15 10.9 +6.4
DHS WisdomTree U.S. High Dividend Fund 7.5 38 12 10.7 +6.3
FDMO Fidelity Momentum Factor ETF 7.5 29 21 5.6 +1.1
KRMA Global X Conscious Companies ETF 7.5 43 7 7.5 +3.1
DSTL Distillate US Fundamental Stability & Value ETF 7.4 39 11 7.8 +3.4
BOUT Innovator IBD Breakout Opportunities ETF 7.3 80 -30 5.7 +1.2
PPH VanEck Vectors Pharmaceutical ETF 7.2 36 14 12.0 +7.5
FCTR First Trust Lunt U.S. Factor Rotation ETF 7.1 65 -15 4.5 +0.0
FCPI Fidelity Stocks for Inflation ETF 7.0 29 21 9.4 +5.0
NULV Nuveen ESG Large-Cap Value ETF 7.0 35 15 9.5 +5.1
FQAL Fidelity Quality Factor ETF 6.9 29 21 7.2 +2.7
DNL WisdomTree Global ex-US Dividend Growth Fund 6.9 58 -8 9.7 +5.2
EDEN iShares MSCI Denmark Capped ETF 6.9 53 -3 8.4 +3.9
DURA VanEck Vectors Morningstar Durable Dividend ETF 6.9 29 21 8.7 +4.3
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 6.8 75 -25 4.1 -0.3
DTN WisdomTree U.S. Dividend ex-Financials Fund 6.7 38 12 10.4 +5.9
WOMN Impact Shares YWCA Women's Empowerment ETF 6.7 75 -25 6.3 +1.8
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 6.7 17 33 9.1 +4.6
CATH Global X S&P 500 Catholic Values Custom ETF 6.6 29 21 7.1 +2.7
FTC First Trust Large Cap Growth AlphaDEX Fund 6.5 61 -11 4.5 -0.0
DTEC ALPS Disruptive Technologies ETF 6.5 50 0 5.2 +0.7
ENTR Entrepreneur 30 Fund 6.4 49 1 3.4 -1.0
PMOM Principal Sustainable Momentum Index ETF 6.2 29 21 7.2 +2.8
ADME Aptus Drawdown Managed Equity ETF 6.1 81 -31 5.4 +1.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 6.1 60 -10 6.1 +1.6
FTCS First Trust Capital Strength ETF 6.1 60 -10 6.3 +1.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 6.1 19 31 7.7 +3.2
JKH iShares Morningstar Mid-Cap Growth ETF 6.1 30 20 3.6 -0.8
SPXT ProShares S&P 500 Ex-Technology ETF 6.1 27 23 7.5 +3.0
VFMO Vanguard U.S. Momentum Factor ETF 6.0 13 37 4.8 +0.3
LRGF iShares Edge MSCI Multifactor USA ETF 6.0 20 30 9.2 +4.7
FFTY Innovator IBD 50 ETF 6.0 80 -30 5.5 +1.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 6.0 58 -8 7.8 +3.3
SUSL iShares ESG MSCI USA Leaders ETF 6.0 10 40 7.1 +2.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 6.0 10 40 7.1 +2.6
ESG FlexShares STOXX US ESG Impact Index Fund 6.0 32 18 6.9 +2.4
PWB Invesco Dynamic Large Cap Growth ETF 6.0 55 -5 4.8 +0.3
ROUS Hartford Multifactor US Equity ETF 6.0 19 31 9.4 +4.9
NULC Nuveen ESG Large-Cap ETF 5.9 20 30 7.1 +2.6
IQDG WisdomTree International Quality Dividend Growth Fund 5.9 38 12 8.0 +3.5
PKW Invesco Buyback Achievers ETF 5.9 62 -12 9.6 +5.1
CWS AdvisorShares Focused Equity ETF 5.9 85 -35 7.0 +2.5
MGV Vanguard Mega Cap Value ETF 5.9 7 43 9.1 +4.6
VBK Vanguard Small-Cap Growth Index Fund 5.8 7 43 4.0 -0.5
IQSU IQ Candriam ESG US Equity ETF 5.8 9 41 6.9 +2.4
JKF iShares Morningstar Large Cap Value ETF 5.8 25 25 9.8 +5.3
NULG Nuveen ESG Large-Cap Growth ETF 5.8 35 15 4.8 +0.4
SPDV AAM S&P 500 High Dividend Value ETF 5.7 29 21 14.8 +10.3
VOOV Vanguard S&P 500 Value ETF 5.7 15 35 9.4 +4.9
EUDV ProShares MSCI Europe Dividend Growers ETF 5.7 55 -5 8.6 +4.1
JKD iShares Morningstar Large-Cap ETF 5.7 20 30 7.6 +3.1
SPYV SPDR Portfolio S&P 500 Value ETF 5.7 4 46 9.4 +5.0
OUSA O'Shares FTSE US Quality Dividend ETF 5.7 48 2 7.2 +2.7
SPHQ Invesco S&P 500 Quality ETF 5.7 15 35 6.6 +2.1
IVE iShares S&P 500 Value ETF 5.7 18 32 9.3 +4.8
SFYX Sofi Next 500 ETF 5.7 0 50 8.3 +3.9
EQWL Invesco Russell Top 200 Equal Weight ETF 5.7 25 25 7.8 +3.3
DWCR Arrow DWA Country Rotation ETF 5.6 95 -45 14.3 +9.8
QDYN FlexShares Quality Dividend Dynamic Index Fund 5.6 37 13 9.3 +4.8
MTUM iShares Edge MSCI USA Momentum Factor ETF 5.6 15 35 5.8 +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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 Longevity Thematic ETF
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 14.8 %
Divided by: Fwd. P/BV 3.0 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 4.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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