Global X Social Media ETF
ALTAR
Score™
2.2% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
49.9x P/Sales
ratio
4.8x
P/BV
ratio
4.1x Div.
yield
0.2%


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

FUND BASICS
Category Global Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Nov 15, 2011
Assets (mns) $136
Currency USD
Expense ratio 65 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Tiered
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 40
Wgt avg mkt cap (mns) $173,496
Large cap (>$10bn) 81.4%
Mid cap ($2-10bn) 12.6%
Small cap (<$2bn) 3.5%
Developed mkts 64.8%
Emerging mkts 35.2%

TOP TEN HOLDINGS
FACEBOOK 10.7 %
TWITTER INC 8.5 %
TENCENT HOLDINGS LTD 8.4 %
NHN CORP 7.9 %
SNAP, INC. CLASS A 6.9 %
SPOTIFY TECHNOLOGY SA 5.2 %
IAC/INTERACTIVECORP 4.9 %
ALPHABET INC. CLASS A 4.5 %
NETEASE.COM INC-ADR 4.2 %
YANDEX NV-A 4.2 %
Total 65.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 44.8 %
CHINA 24.4 %
SOUTH KOREA 11.6 %
JAPAN 6.3 %
LUXEMBOURG 5.2 %
NETHERLANDS 4.2 %
GERMANY 1.8 %
CYPRUS 1.2 %
TAIWAN 0.1 %


HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
9.9% 23.7% 13.9% -- 13.5%

Market Correlations
versus... Beta R-squared
S&P500 1.02 66%
MSCI EAFE 0.98 53%
MSCI Emg. Mkts. 0.80 53%

Technical Indicators
Recent close $39.54
30d moving avg. $35.84
Annualized volatility 21.2%
Short interest (ETF) 1.2%
Relative strength (RSI) 76

Liquidity measures
Avg. volume (thou.) 33
Turnover 1.0%
Bid/Ask (% of price) 0.35%
ADV underlying (mns) $20,120

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: SOCL Expense: 65 bp ALTAR Score™: 2.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SOCL
Ticker Fund
Name
Overlap1
vs SOCL
(%)
Expense
ratio
(bp)
Savings
vs SOCL
(bp)
ALTAR
Score™
(%)
ALTAR
vs SOCL
(%)
PBS Invesco Dynamic Media ETF 35.1 63 2 -2.6 -4.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 28.6 86 -21 2.3 +0.1
TTTN UP Fintech China-U.S. Internet Titans ETF 26.5 59 6 5.0 +2.8
FDNI First Trust Dow Jones International Internet ETF 25.0 65 0 2.8 +0.6
IXP iShares Global Comm Services ETF 24.7 46 19 5.8 +3.5
KWEB KraneShares CSI China Internet ETF 23.9 76 -11 3.4 +1.1
OGIG O'Shares Global Internet Giants ETF 23.0 48 17 0.5 -1.7
JHCS John Hancock Multifactor Media & Communications ETF 21.5 40 25 5.5 +3.3
GIGE SoFi Gig Economy ETF 21.3 59 6 -0.6 -2.9
CQQQ Invesco China Technology ETF 21.0 70 -5 4.3 +2.0
ESPO VanEck Vectors Video Gaming & eSports ETF 20.0 55 10 2.9 +0.7
VOX Vanguard Telecommunication Services Index Fund 20.0 10 55 4.9 +2.6
FCOM Fidelity MSCI Telecommunication Services Index ETF 19.9 8 57 5.1 +2.8
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 19.8 80 -15 1.7 -0.6
CHIC Global X Nasdaq China Technology ETF 19.7 65 0 4.3 +2.1
GBUY Goldman Sachs Motif New Age Consumer ETF 19.4 50 15 2.1 -0.1
JOYY Infusive Compounding Global Equities ETF 18.8 50 15 3.9 +1.6
XLC The Communication Services Select Sector SPDR Fund 18.5 13 52 5.9 +3.7
PNQI Invesco NASDAQ Internet ETF 17.9 62 3 1.2 -1.1
FDN First Trust Dow Jones Internet Index Fund 17.6 52 13 2.4 +0.2
PLAT WisdomTree Modern Tech Platforms Fund 16.8 45 20 1.2 -1.0
MILN Global X Millennials Thematic ETF 16.4 50 15 2.6 +0.4
XWEB SPDR S&P Internet ETF 16.4 35 30 0.6 -1.7
ECON Columbia Emerging Markets Consumer ETF 15.8 59 6 4.8 +2.6
IRBO iShares Robotics & Artificial Intelligence ETF 15.5 47 18 2.5 +0.3
HERO Global X Video Games & Esports ETF 14.6 50 15 3.0 +0.8
GENY Principal Millennials Index ETF 14.2 45 20 3.9 +1.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 14.1 32 33 6.9 +4.7
XITK SPDR FactSet Innovative Technology ETF 13.9 45 20 0.4 -1.9
CHIL Global X MSCI China Large-Cap 50 ETF 13.6 29 36 9.4 +7.2
PGJ Invesco Golden Dragon China ETF 13.1 70 -5 3.4 +1.1
GAMR ETFMG Video Game Tech ETF 12.9 75 -10 3.5 +1.2
FNI First Trust Chindia ETF 12.5 59 6 3.4 +1.2
AIQ Global X Future Analytics Tech ETF 12.3 68 -3 4.1 +1.9
ENTR Entrepreneur 30 Fund 12.3 49 16 3.2 +1.0
EWCO Invesco S&P 500 Equal Weight Communication Services ETF 12.1 40 25 7.6 +5.3
FLCH Franklin FTSE China ETF 11.9 19 46 9.1 +6.9
MCHI iShares MSCI China ETF 11.8 59 6 9.0 +6.7
BLOK Amplify Transformational Data Sharing ETF 11.7 70 -5 5.0 +2.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 11.6 32 33 6.7 +4.5
GXC SPDR S&P China ETF 11.4 59 6 8.8 +6.6
KALL KraneShares FTSE Emerging Markets Plus ETF 11.4 49 16 9.0 +6.8
IGM iShares North American Tech ETF 11.0 46 19 4.0 +1.8
ARKW ARK Web x.0 ETF 10.8 76 -11 -0.8 -3.1
BKF iShares MSCI BRIC ETF 10.8 69 -4 8.3 +6.1
CN Xtrackers MSCI All China Equity ETF 10.7 50 15 9.3 +7.0
LOUP Innovator Loup Frontier Tech ETF 10.6 70 -5 3.0 +0.8
IETC iShares Evolved U.S. Technology ETF 10.4 18 47 4.1 +1.8
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 10.2 25 40 2.3 +0.1
WCHN WisdomTree ICBCCS S&P China 500 Fund 10.2 55 10 9.2 +7.0
AIA iShares Asia 50 ETF 9.9 50 15 8.8 +6.6
QYLD Global X NASDAQ 100 Covered Call ETF 9.6 60 5 3.7 +1.5
EEMA iShares MSCI Emerging Markets Asia ETF 9.3 50 15 8.3 +6.1
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 9.1 57 8 5.0 +2.8
NUSI Nationwide Risk-Managed Income ETF 9.1 68 -3 3.6 +1.4
GMF SPDR S&P Emerging Asia Pacific ETF 9.0 49 16 7.9 +5.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 9.0 75 -10 3.6 +1.4
QQQ Invesco QQQ Trust 8.9 20 45 4.1 +1.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 8.9 95 -30 10.0 +7.7
XOUT GraniteShares XOUT U.S. Large Cap ETF 8.8 60 5 4.5 +2.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 8.7 30 35 8.7 +6.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 8.6 68 -3 7.8 +5.6
EKAR Innovation Shares NextGen Vehicles & Technology ETF 8.5 65 0 8.4 +6.2
FLAX Franklin FTSE Asia Ex Japan ETF 8.5 19 46 8.4 +6.1
DVEM WisdomTree Emerging Markets Dividend Fund 8.5 32 33 8.9 +6.7
FXI iShares China Large-Cap ETF 8.4 74 -9 13.3 +11.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 8.4 20 45 7.6 +5.3
TECB iShares US Tech Breakthrough Multisector ETF 8.3 40 25 4.1 +1.9
IYW iShares U.S. Technology ETF 8.2 42 23 4.3 +2.1
MGK Vanguard Mega Cap Growth ETF 8.0 7 58 4.3 +2.1
FKO First Trust South Korea AlphadDEX Fund 7.9 80 -15 8.7 +6.4
SCHE Schwab Emerging Markets Equity ETF 7.9 13 52 8.5 +6.3
NUEM Nuveen ESG Emerging Markets Equity ETF 7.9 45 20 7.7 +5.5
PBEE Invesco PureBeta FTSE Emerging Markets ETF 7.8 14 51 9.4 +7.2
IEME iShares Evolved U.S. Media & Entertainment ETF 7.8 18 47 7.3 +5.1
LRGE ClearBridge Large Cap Growth ESG ETF 7.7 60 5 3.9 +1.7
XNTK SPDR Morgan Stanley Technology ETF 7.7 35 30 4.0 +1.7
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 7.7 21 44 3.2 +0.9
EEM iShares MSCI Emerging Markets ETF 7.6 68 -3 8.1 +5.9
IWY iShares Russell Top 200 Growth ETF 7.6 20 45 4.3 +2.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 7.6 65 0 8.3 +6.0
ESGE iShares ESG MSCI EM ETF 7.5 25 40 9.5 +7.3
GDAT Goldman Sachs Motif Data-Driven World Etf 7.5 50 15 5.1 +2.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 7.5 49 16 4.1 +1.9
IPO Renaissance IPO ETF 7.3 60 5 -6.1 -8.3
VUG Vanguard Growth Index Fund 7.2 4 61 4.2 +1.9
VEGN US Vegan Climate ETF 7.2 60 5 5.2 +3.0
XLG Invesco S&P 500 Top 50 ETF 7.2 20 45 4.7 +2.4
BLCN Reality Shares Nasdaq NextGen Economy ETF 7.1 68 -3 4.4 +2.1
FLKR Franklin FTSE South Korea ETF 7.1 9 56 9.5 +7.2
VWO Vanguard FTSE Emerging Markets ETF 7.0 10 55 8.7 +6.5
PWB Invesco Dynamic Large Cap Growth ETF 7.0 55 10 3.5 +1.2
DSI iShares MSCI KLD 400 Social ETF 6.9 25 40 5.2 +3.0
IEMG iShares Core MSCI Emerging Markets ETF 6.9 14 51 8.6 +6.3
SPEM SPDR Portfolio Emerging Markets ETF 6.9 11 54 8.5 +6.2
JHEM John Hancock Multifactor Emerging Markets ETF 6.8 55 10 8.7 +6.5
CACG ClearBridge All Cap Growth ETF 6.7 54 11 4.4 +2.2
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 6.7 52 13 5.3 +3.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 6.7 45 20 8.6 +6.4
VOOG Vanguard S&P 500 Growth ETF 6.6 10 55 4.4 +2.1

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 Social Media 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 11.3 %
Divided by: Fwd. P/BV 3.9 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 2.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.35 CATEGORY
AVERAGE
1.51
 
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.