Global X Fertilizers/Potash ETF
ALTAR
Score™
5.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
22.5x P/Sales
ratio
0.7x
P/BV
ratio
1.1x Div.
yield
2.7%


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

FUND BASICS
Category Global Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date May 26, 2011
Assets (mns) $8
Currency USD
Expense ratio 69 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 29
Wgt avg mkt cap (mns) $5,582
Large cap (>$10bn) 14.3%
Mid cap ($2-10bn) 50.5%
Small cap (<$2bn) 35.2%
Developed mkts 72.0%
Emerging mkts 28.0%

TOP TEN HOLDINGS
SCOTTS MIRACLE-GRO CO-CL A 7.7 %
SITEONE LANDSCAPE SUPPLY, INC. 6.8 %
PHOSAGRO OAO-GDR REG S 6.4 %
QUIMICA Y MINERA CHIL-SP ADR 5.8 %
WILMAR INTERNATIONAL LTD 5.4 %
YARA INTERNATIONAL ASA 5.4 %
COMPASS MINERALS INTERNATION 5.0 %
TAIWAN FERTILIZER CO LTD 5.0 %
PETRONAS CHEMICALS GROUP BHD 4.7 %
NUFARM LTD 4.7 %
Total 56.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 30.3 %
AUSTRALIA 8.0 %
RUSSIA 6.4 %
ISRAEL 6.1 %
CHILE 5.8 %
SINGAPORE 5.4 %
NORWAY 5.4 %
TAIWAN 5.0 %
MALAYSIA 4.7 %
CANADA 4.0 %

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.
-17.4% -16.4% -7.2% -- -6.6%

Market Correlations
versus... Beta R-squared
S&P500 1.05 76%
MSCI EAFE 1.16 80%
MSCI Emg. Mkts. 0.87 69%

Technical Indicators
Recent close $7.48
30d moving avg. $6.76
Annualized volatility 20.3%
Short interest (ETF) 0.4%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.3%
Bid/Ask (% of price) 1.86%
ADV underlying (mns) $526

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: SOIL Expense: 69 bp ALTAR Score™: 5.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SOIL
Ticker Fund
Name
Overlap1
vs SOIL
(%)
Expense
ratio
(bp)
Savings
vs SOIL
(bp)
ALTAR
Score™
(%)
ALTAR
vs SOIL
(%)
FTAG First Trust Indxx Global Agriculture ETF 26.1 70 -1 6.5 +1.2
VEGI iShares MSCI Global Agriculture Producers ETF 16.3 39 30 6.1 +0.7
MOO VanEck Vectors Agribusiness ETF 9.9 54 15 5.6 +0.2
GUNR Flexshares Morningstar Global Upstream Natural Resources 9.0 46 23 6.0 +0.6
FXZ First Trust Materials AlphaDEX Fund 7.7 65 4 7.3 +1.9
RTM Invesco S&P 500 Equal Weight Materials ETF 6.8 40 29 6.3 +1.0
THCX The Cannabis ETF 6.8 70 -1 -10.6 -15.9
CROP IQ Global Agribusiness Small Cap ETF 6.3 76 -7 5.0 -0.4
NANR SPDR S&P North American Natural Resources ETF 6.0 35 34 3.4 -2.0
GNR SPDR S&P Global Natural Resources ETF 5.8 40 29 6.5 +1.2
LIT Global X Lithium & Battery Tech ETF 5.8 75 -6 3.5 -1.8
PYZ Invesco DWA Basic Materials Momentum ETF 5.5 60 9 5.9 +0.6
TOKE Cambria Cannabis ETF 5.3 42 27 -6.0 -11.3
HAP VanEck Vectors Natural Resources ETF 5.0 50 19 6.3 +0.9
XME SPDR S&P Metals & Mining ETF 5.0 35 34 7.5 +2.2
NORW Global X MSCI Norway ETF 4.8 50 19 10.8 +5.5
ENOR iShares MSCI Norway Capped ETF 4.7 53 16 10.8 +5.5
EWS iShares MSCI Singapore ETF 4.5 50 19 8.9 +3.6
OBOR KraneShares MSCI One Belt One Road Index ETF 4.1 79 -10 9.6 +4.3
SCIX Global X Scientific Beta Asia ex-Japan ETF 4.0 38 31 6.7 +1.3
ACT AdvisorShares Vice ETF 3.6 99 -30 5.4 +0.1
EWM iShares MSCI Malaysia ETF 3.5 49 20 6.0 +0.6
GRES IQ Global Resources ETF 3.2 77 -8 7.4 +2.0
ASEA Global X Southeast Asia ETF 3.2 65 4 10.3 +4.9
JHMA John Hancock Multifactor Materials ETF 3.1 40 29 6.9 +1.5
MJ ETFMG Alternative Harvest ETF 3.0 75 -6 -4.9 -10.2
CEY VictoryShares Emerging Market High Dividend Volatility Wtd E 3.0 51 18 13.6 +8.2
PSL Invesco DWA Consumer Staples Momentum ETF 3.0 60 9 4.0 -1.3
IYM iShares U.S. Basic Materials ETF 2.8 42 27 5.5 +0.1
BATT Amplify Advanced Battery Metals & Materials ETF 2.7 72 -3 2.9 -2.4
PBW Invesco WilderHill Clean Energy ETF 2.5 70 -1 -4.7 -10.0
MOAT VanEck Vectors Morningstar Wide Moat ETF 2.4 49 20 6.1 +0.7
VAW Vanguard Materials Index Fund 2.4 10 59 6.2 +0.8
SDEM Global X SuperDividend Emerging Markets ETF 2.3 67 2 23.0 +17.6
FMAT Fidelity MSCI Materials Index ETF 2.3 8 61 6.2 +0.8
EIS iShares MSCI Israel ETF 2.3 59 10 8.8 +3.5
ERUS iShares MSCI Russia ETF 2.2 59 10 15.4 +10.1
MXI iShares Global Materials ETF 2.2 46 23 6.2 +0.8
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 1.9 52 17 5.4 +0.1
VRAI Virtus Real Asset Income ETF 1.8 55 14 11.0 +5.7
EDIV SPDR S&P Emerging Markets Dividend ETF 1.7 49 20 11.6 +6.3
ISRA VanEck Vectors Israel ETF 1.7 60 9 7.1 +1.7
RSX VanEck Vectors Russia ETF 1.7 65 4 13.2 +7.9
FLCA Franklin FTSE Canada ETF 1.7 9 60 7.3 +1.9
XLB Materials Select Sector SPDR Fund 1.7 13 56 5.9 +0.5
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.7 70 -1 2.1 -3.2
PSCC Invesco S&P SmallCap Consumer Staples ETF 1.7 29 40 5.3 -0.1
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.6 35 34 9.1 +3.8
JSML Janus Henderson Small Cap Growth Alpha ETF 1.6 35 34 6.2 +0.9
TUR iShares MSCI Turkey ETF 1.6 59 10 17.5 +12.2
EWC iShares MSCI Canada ETF 1.6 49 20 6.7 +1.4
EQWM Invesco S&P MidCap Quality ETF 1.5 25 44 5.1 -0.3
IFRA iShares U.S. Infrastructure ETF 1.5 40 29 5.6 +0.3
QCAN SPDR MSCI Canada Quality Mix ETF 1.5 14 55 7.2 +1.8
BBCA JPMorgan BetaBuilders Canada ETF 1.5 19 50 7.0 +1.6
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.5 35 34 3.7 -1.6
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.4 60 9 5.8 +0.5
EEMD AAM S&P Emerging Markets High Dividend Value ETF 1.4 50 19 21.1 +15.7
RPV Invesco S&P 500 Pure Value ETF 1.4 35 34 11.3 +5.9
WDIV SPDR Global Dividend ETF 1.3 40 29 9.8 +4.5
JKJ iShares Morningstar Small-Cap ETF 1.2 25 44 6.5 +1.1
XMMO Invesco S&P MidCap Momentum ETF 1.2 39 30 4.3 -1.0
BLES Inspire Global Hope Large Cap ETF 1.2 61 8 6.4 +1.1
SMDV ProShares Russell 2000 Dividend Growers ETF 1.2 40 29 7.0 +1.7
WWJD Inspire International ESG ETF 1.2 80 -11 7.9 +2.5
VIDI Vident International Equity Fund 1.2 59 10 11.6 +6.2
JDIV JPMorgan U.S. Dividend ETF 1.2 12 57 8.0 +2.7
DON WisdomTree U.S. MidCap Dividend Fund 1.1 38 31 7.7 +2.3
SFYX Sofi Next 500 ETF 1.1 0 69 5.9 +0.6
OMFS Oppenheimer Russell 2000 Dynamic Multifactor ETF 1.1 39 30 6.3 +0.9
PSCM Invesco S&P SmallCap Materials ETF 1.1 29 40 9.5 +4.1
FTRI First Trust Indxx Global Natural Resources Income ETF 1.1 70 -1 11.2 +5.8
PBD Invesco Global Clean Energy ETF 1.1 75 -6 1.9 -3.4
QDEF FlexShares Quality Dividend Defensive Index Fund 1.1 37 32 6.3 +1.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.1 70 -1 13.1 +7.7
FIVA Fidelity International Value Factor ETF 1.0 39 30 10.4 +5.1
CEZ VictoryShares Emerging Market Volatility Wtd Index ETF 1.0 50 19 9.9 +4.6
FNX First Trust Mid Cap Core AlphaDEX Fund 1.0 61 8 6.6 +1.3
EYLD Cambria Emerging Shareholder Yield ETF 1.0 66 3 16.8 +11.5
DOO WisdomTree International Dividend ex-Financials Fund 1.0 58 11 8.8 +3.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.0 70 -1 5.9 +0.5
ILF iShares Latin America 40 ETF 1.0 48 21 7.5 +2.1
DVYE iShares Emerging Markets Dividend ETF 1.0 49 20 13.1 +7.7
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.0 30 39 11.8 +6.4
SLT Salt TruBeta High Exposure ETF 0.9 29 40 6.7 +1.3
MVIN Natixis Seeyond International Minimum Volatility ETF 0.9 55 14 5.8 +0.5
SMDY Syntax Stratified MidCap ETF 0.9 30 39 6.3 +0.9
FRDM Freedom 100 Emerging Markets ETF 0.9 49 20 7.5 +2.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.9 19 50 6.3 +0.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.9 24 45 6.0 +0.7
AVDV Avantis International Small Cap Value ETF 0.9 36 33 7.8 +2.4
EPOL iShares MSCI Poland Capped ETF 0.9 61 8 10.1 +4.7
EWGS iShares MSCI Germany Small Cap ETF 0.9 59 10 4.9 -0.4
IDLB Invesco FTSE International Low Beta Equal Weight ETF 0.9 45 24 7.3 +1.9
PQIN PGIM QMA Strategic Alpha International Equity ETF 0.8 29 40 8.2 +2.8
COWZ Pacer US Cash Cows 100 ETF 0.8 49 20 9.8 +4.4
FCAN First Trust Canada AlphaDex Fund 0.8 80 -11 5.0 -0.3
DVY iShares Select Dividend ETF 0.8 39 30 8.1 +2.7
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.8 95 -26 10.2 +4.9
IJK iShares S&P Mid-Cap 400 Growth ETF 0.8 24 45 4.7 -0.6

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 Fertilizers/Potash 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 6.4 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 69 bp
Equals: ALTAR Score 5.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 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.