Global X Longevity Thematic ETF
ALTAR
Score™
3.1% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
35.0x P/Sales
ratio
3.7x
P/BV
ratio
3.5x Div.
yield
1.2%


  • 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) $28
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) $40,242
Large cap (>$10bn) 78.5%
Mid cap ($2-10bn) 14.6%
Small cap (<$2bn) 6.9%
Developed mkts 96.8%
Emerging mkts 3.2%

TOP TEN HOLDINGS
ABBVIE INC 3.2 %
REGENERON PHARMACEUTICALS 3.2 %
CHUGAI PHARMACEUTICAL CO LTD 3.0 %
VERTEX PHARMACEUTICALS INC 3.0 %
DEXCOM INC 3.0 %
AMGEN INC 2.9 %
CELLTRION INC 2.9 %
NOVO NORDISK A/S-B 2.8 %
BECTON DICKINSON AND CO 2.7 %
STRYKER CORP 2.6 %
Total 29.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 59.7 %
JAPAN 6.5 %
DENMARK 6.4 %
SWITZERLAND 4.4 %
SOUTH KOREA 3.1 %
IRELAND 3.0 %
BRITAIN 2.3 %
FRANCE 2.2 %
GERMANY 2.0 %
BELGIUM 1.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
4.0% 15.9% -- -- 12.6%

Market Correlations
versus... Beta R-squared
S&P500 0.89 75%
MSCI EAFE 0.85 59%
MSCI Emg. Mkts. 0.62 50%

Technical Indicators
Recent close $25.01
30d moving avg. $24.55
Annualized volatility 17.5%
Short interest (ETF) 2.3%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.3%
Bid/Ask (% of price) 0.82%
ADV underlying (mns) $20,608

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™: 3.1%


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 29.1 40 10 6.4 +3.4
IYH iShares U.S. Healthcare ETF 27.6 43 7 6.0 +3.0
JHMH John Hancock Multifactor Healthcare ETF 27.2 40 10 5.9 +2.9
FHLC Fidelity MSCI Health Care Index ETF 26.7 8 42 5.4 +2.3
XLV Health Care Select Sector SPDR Fund 26.0 13 37 7.0 +3.9
VHT Vanguard Health Care Index Fund 26.0 10 40 5.3 +2.3
IEIH iShares Evolved U.S. Innovative Healthcare ETF 25.8 18 32 2.9 -0.2
IXJ iShares Global Healthcare ETF 25.8 46 4 6.2 +3.1
FXH First Trust Health Care AlphaDEX Fund 25.2 62 -12 4.4 +1.3
GDNA Goldman Sachs Motif Human Evolution ETF 25.2 50 0 0.3 -2.8
IBB iShares NASDAQ Biotechnology ETF 22.7 47 3 0.2 -2.9
IHI iShares U.S. Medical Devices ETF 22.3 43 7 3.4 +0.3
IEHS iShares Evolved U.S. Healthcare Staples ETF 22.2 18 32 5.6 +2.5
FBT First Trust NYSE Arca Biotechnology Index Fund 20.9 55 -5 -0.9 -4.0
BBH VanEck Vectors Biotech ETF 19.9 35 15 3.7 +0.6
HTEC ROBO Global Healthcare Technology & Innovation ETF 18.5 68 -18 0.2 -2.9
XHE SPDR S&P Health Care Equipment ETF 18.0 35 15 1.7 -1.4
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 16.5 60 -10 6.1 +3.1
XBI SPDR S&P BIOTECH ETF 14.4 35 15 -2.5 -5.5
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 13.4 60 -10 3.7 +0.6
PBE Invesco Dynamic Biotechnology & Genome ETF 12.9 57 -7 -1.7 -4.8
XT iShares Exponential Technologies ETF 12.4 47 3 5.0 +1.9
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 11.9 75 -25 2.0 -1.1
PJP Invesco Dynamic Pharmaceuticals ETF 11.2 56 -6 10.8 +7.7
FTCS First Trust Capital Strength ETF 11.1 58 -8 4.8 +1.7
SDG iShares Sustainable MSCI Global Impact ETF 10.0 49 1 5.5 +2.4
MXDU Nationwide Maximum Diversification US Core Equity ETF 10.0 34 16 4.8 +1.7
JKD iShares Morningstar Large-Cap ETF 10.0 20 30 5.6 +2.5
BTEC Principal Healthcare Innovators Index ETF 9.8 42 8 -2.3 -5.4
FDMO Fidelity Momentum Factor ETF 9.8 29 21 3.8 +0.7
DSTL Distillate US Fundamental Stability & Value ETF 9.5 39 11 6.4 +3.4
KNOW Direxion All Cap Insider Sentiment Shares 9.4 66 -16 4.9 +1.8
MTUM iShares Edge MSCI USA Momentum Factor ETF 9.4 15 35 4.0 +1.0
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 8.8 56 -6 5.9 +2.8
CACG ClearBridge All Cap Growth ETF 8.7 54 -4 4.3 +1.2
AUSF Global X Adaptive U.S. Factor ETF 8.7 27 23 7.9 +4.9
IDNA iShares Genomics Immunology & Healthcare ETF 8.6 47 3 -2.9 -5.9
QGRO American Century STOXX U.S. Quality Growth ETF 8.6 29 21 3.1 +0.0
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 8.5 25 25 5.9 +2.8
QMOM Alpha Architect U.S. Quantitative Momentum ETF 8.3 49 1 2.1 -1.0
VFMO Vanguard U.S. Momentum Factor ETF 8.2 13 37 1.1 -1.9
NULV Nuveen ESG Large-Cap Value ETF 8.1 35 15 7.3 +4.2
RBUS Nationwide Risk-Based U.S. Equity ETF 7.9 30 20 5.0 +1.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 7.9 59 -9 4.1 +1.0
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 7.8 35 15 4.4 +1.3
OLD The Long-Term Care ETF 7.8 30 20 6.7 +3.6
MOAT VanEck Vectors Morningstar Wide Moat ETF 7.7 49 1 6.3 +3.3
JKH iShares Morningstar Mid-Cap Growth ETF 7.7 30 20 2.3 -0.8
SPGP Invesco S&P 500 GARP ETF 7.6 35 15 7.2 +4.1
CNCR Loncar Cancer Immunotherapy ETF 7.2 79 -29 -2.9 -6.0
RNDV US Equity Dividend Select ETF 7.2 50 0 7.6 +4.5
BOUT Innovator IBD Breakout Opportunities ETF 7.2 84 -34 3.2 +0.1
DTEC ALPS Disruptive Technologies ETF 7.1 50 0 3.5 +0.4
RPG Invesco S&P 500 Pure Growth ETF 7.0 35 15 4.4 +1.3
NIFE Direxion Fallen Knives ETF 6.9 50 0 2.3 -0.8
DHS WisdomTree U.S. High Dividend Fund 6.7 38 12 8.6 +5.6
FVL First Trust Value Line 100 Exchange-Traded Fund 6.7 70 -20 5.1 +2.0
SPHQ Invesco S&P 500 Quality ETF 6.7 15 35 4.6 +1.5
FLV American Century Focused Large Cap Value ETF 6.6 42 8 6.6 +3.5
FTC First Trust Large Cap Growth AlphaDEX Fund 6.6 61 -11 2.9 -0.2
EDEN iShares MSCI Denmark Capped ETF 6.5 53 -3 6.1 +3.0
NULG Nuveen ESG Large-Cap Growth ETF 6.4 35 15 3.5 +0.5
NULC Nuveen ESG Large-Cap ETF 6.4 20 30 4.9 +1.9
PWC Invesco Dynamic Market ETF 6.4 59 -9 4.8 +1.7
SPLV Invesco S&P 500 Low Volatility ETF 6.4 25 25 5.6 +2.5
VALQ American Century STOXX U.S. Quality Value ETF 6.4 29 21 9.1 +6.0
DTN WisdomTree U.S. Dividend ex-Financials Fund 6.4 38 12 7.9 +4.9
FTXH First Trust Nasdaq Pharmaceuticals ETF 6.3 60 -10 8.6 +5.5
FLLV Franklin Liberty U.S. Low Volatility ETF 6.3 29 21 5.8 +2.7
FFTY Innovator IBD 50 ETF 6.3 80 -30 3.4 +0.4
CATH Global X S&P 500 Catholic Values Custom ETF 6.2 29 21 5.1 +2.1
MGV Vanguard Mega Cap Value ETF 6.2 7 43 7.2 +4.1
STLG iShares Factors US Growth Style ETF 6.2 25 25 3.7 +0.6
SPDV AAM S&P 500 High Dividend Value ETF 6.2 29 21 10.9 +7.8
FQAL Fidelity Quality Factor ETF 6.1 29 21 5.4 +2.3
FCPI Fidelity Stocks for Inflation ETF 6.1 29 21 6.9 +3.8
SPXT ProShares S&P 500 Ex-Technology ETF 6.1 27 23 5.6 +2.5
DEF Invesco Defensive Equity ETF 6.1 55 -5 5.0 +2.0
WOMN Impact Shares YWCA Women's Empowerment ETF 6.1 75 -25 4.4 +1.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 6.0 70 -20 2.3 -0.7
HLAL Wahed FTSE USA Shariah ETF 6.0 50 0 4.5 +1.5
PPH VanEck Vectors Pharmaceutical ETF 6.0 36 14 10.1 +7.0
BIBL Inspire ETF 6.0 35 15 4.8 +1.8
FCTR First Trust Lunt U.S. Factor Rotation ETF 6.0 65 -15 3.4 +0.3
INTF iShares Edge MSCI Multifactor Intl ETF 6.0 30 20 7.8 +4.7
XOUT GraniteShares XOUT U.S. Large Cap ETF 5.9 60 -10 4.3 +1.2
RFEU First Trust Riverfront Dynamic Europe ETF 5.9 83 -33 5.3 +2.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.8 58 -8 7.7 +4.7
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 5.8 17 33 6.5 +3.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 5.8 10 40 5.2 +2.2
VGFO Virtus WMC Global Factor Opportunities ETF 5.8 49 1 5.9 +2.8
IMTM iShares Edge MSCI Intl Momentum Factor ETF 5.8 30 20 4.3 +1.2
VOOV Vanguard S&P 500 Value ETF 5.8 15 35 7.3 +4.2
SUSL iShares ESG MSCI USA Leaders ETF 5.8 10 40 5.2 +2.2
EUMV iShares Edge MSCI Min Vol Europe ETF 5.8 25 25 4.9 +1.9
VBK Vanguard Small-Cap Growth Index Fund 5.7 7 43 2.4 -0.6
USMV iShares Edge MSCI Min Vol USA ETF 5.7 15 35 5.5 +2.4
SPYV SPDR Portfolio S&P 500 Value ETF 5.7 4 46 7.4 +4.3
IVE iShares S&P 500 Value ETF 5.7 18 32 7.2 +4.1
VOT Vanguard Mid-Cap Growth Index Fund 5.7 7 43 3.5 +0.4

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 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 11.7 %
Divided by: Fwd. P/BV 3.3 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 3.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 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.