Global X Longevity Thematic ETF
ALTAR
Score™
3.2% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
31.3x P/Sales
ratio
3.8x
P/BV
ratio
3.6x Div.
yield
1.1%


  • 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 09, 2016
Assets (mns) $43
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 100
Wgt avg mkt cap (mns) $37,444
Large cap (>$10bn) 76.1%
Mid cap ($2-10bn) 13.7%
Small cap (<$2bn) 6.4%
Developed mkts 95.1%
Emerging mkts 4.9%

TOP TEN HOLDINGS
ABBVIE INC 3.2 %
STRYKER CORP 3.1 %
CELLTRION INC 3.0 %
EDWARDS LIFESCIENCES CORP 2.9 %
ALIGN TECHNOLOGY INC 2.8 %
MEDTRONIC PLC 2.7 %
NOVO NORDISK A/S-B 2.7 %
CHUGAI PHARMACEUTICAL CO LTD 2.6 %
BRISTOL-MYERS SQUIBB CO 2.6 %
AMGEN INC 2.4 %
Total 28.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 59.8 %
DENMARK 6.4 %
JAPAN 6.1 %
SWITZERLAND 5.2 %
CHINA 4.2 %
IRELAND 3.2 %
SOUTH KOREA 3.1 %
BRITAIN 2.8 %
FRANCE 2.1 %
GERMANY 1.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
4.1% 9.7% -- -- 11.6%

Market Correlations
versus... Beta R-squared
S&P500 0.85 73%
MSCI EAFE 0.86 62%
MSCI Emg. Mkts. 0.62 50%

Technical Indicators
Recent close $26.79
30d moving avg. $26.06
Annualized volatility 17.8%
Short interest (ETF) 0.9%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.3%
Bid/Ask (% of price) 0.29%
ADV underlying (mns) $9,126

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 3.2%


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
(%)
RYH Invesco S&P 500 Equal Weight Health Care ETF 27.8 40 10 6.7 +3.5
IYH iShares U.S. Healthcare ETF 26.4 43 7 6.2 +3.1
FHLC Fidelity MSCI Health Care Index ETF 25.8 8 42 5.5 +2.3
JHMH John Hancock Multifactor Healthcare ETF 25.6 40 10 6.0 +2.9
VHT Vanguard Health Care Index Fund 25.3 10 40 5.4 +2.2
IXJ iShares Global Healthcare ETF 25.3 46 4 6.3 +3.1
XLV Health Care Select Sector SPDR Fund 24.8 13 37 7.2 +4.0
IHI iShares U.S. Medical Devices ETF 23.5 42 8 3.3 +0.1
IEIH iShares Evolved U.S. Innovative Healthcare ETF 22.8 18 32 3.3 +0.2
IEHS iShares Evolved U.S. Healthcare Staples ETF 22.4 18 32 5.4 +2.2
BMED BlackRock Future Health ETF 21.1 85 -35 -1.1 -4.2
IBB iShares NASDAQ Biotechnology ETF 19.7 46 4 0.6 -2.5
FXH First Trust Health Care AlphaDEX Fund 19.5 62 -12 5.0 +1.8
XHE SPDR S&P Health Care Equipment ETF 18.5 35 15 1.6 -1.6
HTEC ROBO Global Healthcare Technology & Innovation ETF 16.9 68 -18 0.1 -3.1
FBT First Trust NYSE Arca Biotechnology Index Fund 16.8 55 -5 -1.5 -4.7
BBH VanEck Vectors Biotech ETF 16.4 35 15 4.4 +1.2
BTEC Principal Healthcare Innovators Index ETF 12.6 42 8 -2.0 -5.2
XBI SPDR S&P BIOTECH ETF 12.5 35 15 -2.1 -5.2
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 11.3 60 -10 3.4 +0.3
XT iShares Exponential Technologies ETF 11.0 47 3 4.6 +1.4
PBE Invesco Dynamic Biotechnology & Genome ETF 11.0 58 -8 -2.4 -5.5
OLD The Long-Term Care ETF 9.7 30 20 5.7 +2.5
PJP Invesco Dynamic Pharmaceuticals ETF 9.7 56 -6 12.6 +9.5
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF 9.4 75 -25 4.5 +1.3
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 9.4 56 -6 6.1 +3.0
JKD iShares Morningstar Large-Cap ETF 9.2 20 30 5.3 +2.2
MOAT VanEck Vectors Morningstar Wide Moat ETF 9.1 49 1 6.2 +3.0
ANEW ProShares MSCI Transformational Changes ETF 8.9 45 5 3.1 -0.1
SPMO Invesco S&P 500 Momentum ETF 8.4 13 37 3.9 +0.8
FCPI Fidelity Stocks for Inflation ETF 8.2 29 21 6.0 +2.9
MXDU Nationwide Maximum Diversification US Core Equity ETF 8.1 34 16 4.4 +1.2
MTUM iShares MSCI USA Momentum Factor ETF 7.8 15 35 4.0 +0.8
NULV Nuveen ESG Large-Cap Value ETF 7.7 35 15 6.6 +3.4
SPGP Invesco S&P 500 GARP ETF 7.6 34 16 6.2 +3.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 7.5 75 -25 3.9 +0.8
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 7.5 75 -25 2.3 -0.9
FLV American Century Focused Large Cap Value ETF 7.4 42 8 5.8 +2.6
CACG ClearBridge All Cap Growth ETF 7.3 54 -4 4.0 +0.8
IDNA iShares Genomics Immunology & Healthcare ETF 7.3 47 3 -2.5 -5.7
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 7.2 25 25 5.6 +2.5
GBLO Global Beta Low Beta ETF 7.1 29 21 7.1 +3.9
SDG iShares Sustainable MSCI Global Impact ETF 7.0 49 1 5.4 +2.2
RBUS Nationwide Risk-Based U.S. Equity ETF 7.0 30 20 4.7 +1.5
PWV Invesco Dynamic Large Cap Value ETF 6.9 56 -6 7.6 +4.4
DHS WisdomTree U.S. High Dividend Fund 6.9 38 12 8.0 +4.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 6.8 59 -9 4.0 +0.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 6.8 35 15 4.2 +1.1
SPDV AAM S&P 500 High Dividend Value ETF 6.7 29 21 8.8 +5.7
CNCR Loncar Cancer Immunotherapy ETF 6.7 79 -29 -2.4 -5.6
HLAL Wahed FTSE USA Shariah ETF 6.6 50 0 4.1 +0.9
SPHQ Invesco S&P 500 Quality ETF 6.5 15 35 4.4 +1.2
DTN WisdomTree U.S. Dividend ex-Financials Fund 6.4 38 12 7.3 +4.2
FTXH First Trust Nasdaq Pharmaceuticals ETF 6.4 60 -10 6.8 +3.6
EDEN iShares MSCI Denmark Capped ETF 6.4 53 -3 5.7 +2.6
FLLV Franklin Liberty U.S. Low Volatility ETF 6.4 29 21 5.2 +2.0
JKH iShares Morningstar Mid-Cap Growth ETF 6.3 30 20 1.9 -1.3
QGRO American Century STOXX U.S. Quality Growth ETF 6.2 29 21 3.1 -0.1
FTC First Trust Large Cap Growth AlphaDEX Fund 6.2 61 -11 2.3 -0.8
ALFA AlphaClone Alternative Alpha ETF 6.2 65 -15 -0.5 -3.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 6.1 15 35 3.3 +0.1
PPH VanEck Vectors Pharmaceutical ETF 5.9 36 14 10.8 +7.7
VSL Volshares Large Capital ETF 5.8 65 -15 4.3 +1.2
RNDV US Equity Dividend Select ETF 5.8 50 0 7.7 +4.6
FQAL Fidelity Quality Factor ETF 5.8 29 21 5.1 +1.9
DURA VanEck Vectors Morningstar Durable Dividend ETF 5.7 29 21 8.1 +4.9
VOOV Vanguard S&P 500 Value ETF 5.7 10 40 6.7 +3.5
GBGR Global Beta Momentum-Growth ETF 5.7 29 21 5.1 +1.9
MGV Vanguard Mega Cap Value ETF 5.6 7 43 6.7 +3.5
RPG Invesco S&P 500 Pure Growth ETF 5.6 35 15 4.1 +1.0
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 5.6 49 1 4.6 +1.5
ESGV Vanguard ESG U.S. Stock ETF 5.5 12 38 4.7 +1.5
SPXT ProShares S&P 500 Ex-Technology ETF 5.5 27 23 5.1 +2.0
NULG Nuveen ESG Large-Cap Growth ETF 5.5 35 15 3.5 +0.3
INTF iShares Edge MSCI Multifactor Intl ETF 5.5 30 20 7.5 +4.3
LVHD Legg Mason Low Volatility High Dividend ETF 5.5 27 23 7.7 +4.5
TPLC Timothy Plan US Large Cap Core ETF 5.5 52 -2 4.7 +1.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 5.4 70 -20 2.2 -1.0
ARKG ARK Genomic Revolution ETF 5.4 75 -25 -2.3 -5.4
IMTM iShares Edge MSCI Intl Momentum Factor ETF 5.4 30 20 4.2 +1.1
KRMA Global X Conscious Companies ETF 5.4 43 7 4.8 +1.6
SPYV SPDR Portfolio S&P 500 Value ETF 5.3 4 46 6.7 +3.6
WOMN Impact Shares YWCA Women's Empowerment ETF 5.3 75 -25 3.7 +0.6
IVE iShares S&P 500 Value ETF 5.3 18 32 6.6 +3.4
VBK Vanguard Small-Cap Growth Index Fund 5.3 7 43 2.0 -1.2
CWS AdvisorShares Focused Equity ETF 5.3 85 -35 5.2 +2.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 5.3 49 1 3.9 +0.7
BIBL Inspire ETF 5.2 35 15 4.5 +1.3
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 5.2 10 40 4.9 +1.7
SUSL iShares ESG MSCI USA Leaders ETF 5.2 10 40 4.9 +1.7
IQM Franklin Intelligent Machines ETF 5.1 50 0 1.6 -1.6
SPLV Invesco S&P 500 Low Volatility ETF 5.1 25 25 5.5 +2.3
REZ iShares Residential Real Estate Capped ETF 5.1 48 2 5.8 +2.7
IWP iShares Russell Mid-Cap Growth ETF 5.1 24 26 2.8 -0.4
USMV iShares Edge MSCI Min Vol USA ETF 5.1 15 35 5.3 +2.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 5.1 60 -10 3.8 +0.6
USDY Pacific Global US Equity Income ETF 5.1 29 21 7.7 +4.5
OUSA O'Shares FTSE US Quality Dividend ETF 5.1 48 2 5.5 +2.4
CLRG IQ Chaikin U.S. Large Cap ETF 5.1 25 25 5.2 +2.0

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:

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 12.1 %
Divided by: Fwd. P/BV 3.3 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 3.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 CATEGORY
AVERAGE
1.48
 
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.