Global X Competition

GURU Etf

USD 49.89 0.06 0.12%

Global X Guru competes with Global X, Global X, IShares Core, SPDR SP, and IShares Core; as well as few others. Analyzing Global X competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Global X to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Global X Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Global X competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
49.03	49.95	50.87

Details

Intrinsic

Valuation

Low	Real	High
49.19	50.11	51.03

Details

Naive

Forecast

Low	Next	High
49.57	50.49	51.41

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
49.31	51.79	54.27

Details

Global X Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Global X and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Global and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Global X Guru does not affect the price movement of the other competitor.

	MILN	SOCL	AOM	GNR	AOR
MILN		0.28	0.17	-0.71	0.36	MILN
SOCL	0.28		0.51	-0.05	0.48	SOCL
AOM	0.17	0.51		0.39	0.96	AOM
GNR	-0.71	-0.05	0.39		0.23	GNR
AOR	0.36	0.48	0.96	0.23		AOR
	MILN	SOCL	AOM	GNR	AOR

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High positive correlations

AOR	+ 0.96	AOM
AOM	+ 0.51	SOCL
AOR	+ 0.48	SOCL
GNR	+ 0.39	AOM
AOR	+ 0.36	MILN
SOCL	+ 0.28	MILN

High negative correlations

GNR	- 0.71	MILN
GNR	- 0.05	SOCL

Global X Constituents Risk-Adjusted Indicators

There is a big difference between Global Etf performing well and Global X ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Global X's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MILN	0.64	0.11	0.12	4.13	0.74	(0.70)	1.46	(1.03)	5.36
SOCL	1.09	(0.02)	0.00	(0.06)	0.00	0.00	2.33	(2.65)	7.08
AOM	0.26	(0.04)	0.00	(0.57)	0.00	0.00	0.50	(0.70)	2.30
GNR	0.68	(0.20)	0.00	(0.99)	0.00	0.00	0.90	(1.98)	4.47
AOR	0.33	(0.04)	0.00	(0.50)	0.00	0.00	0.56	(0.63)	2.99

Unable to evaluate fundamental data of [MILN, SOCL, AOM, GNR, AOR] at this time. Please try again later

All Fundamental Data

Global X Competitive Analysis

The better you understand Global X competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Global X's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Global X's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	GURU	MILN	SOCL	AOM	GNR	AOR
	0.12 49.89 Global	1.14 45.24 Global	1.57 42.58 Global	0.34 43.44 IShares	0.50 49.37 SPDR	0.62 57.32 IShares
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Modest	Good	Very Weak	Very Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Buy	Strong Hold	Strong Buy	Buy	Strong Buy	Buy
Price To Sales	1.66 X	N/A	3.52 X	1.31 X	0.86 X	1.31 X
Equity Positions Weight	99.86 %	99.91 %	99.84 %	36.70 %	98.74 %	56.54 %
Three Year Return	2.00 %	2.10 %	(7.30) %	1.20 %	2.10 %	2.60 %
Net Asset	44.2 M	98.64 M	132.46 M	1.38 B	3.04 B	1.77 B
Price To Book	2.24 X	N/A	2.80 X	1.90 X	1.40 X	1.90 X
Five Year Return	7.50 %	11.90 %	4.30 %	4.10 %	5.80 %	6.00 %
One Year Return	23.70 %	27.10 %	5.00 %	7.90 %	(7.20) %	10.60 %
Last Dividend Paid	0.3	0.02	0.49	0.23	0.48	0.14
Bond Positions Weight	N/A	N/A	N/A	16.29 %	N/A	11.42 %
Ten Year Return	7.30 %	N/A	9.20 %	4.60 %	4.90 %	6.20 %
Price To Earning	23.42 X	N/A	31.47 X	17.25 X	20.39 X	17.25 X
Beta	1.0	1.27	1.16	0.83	0.88	0.99
Day Typical Price	49.96	45.12	42.6	43.46	49.34	57.37
Accumulation Distribution	2.2	0.0134	0.0114	1204.82	0.0097	3912.86
Market Facilitation Index	4.0E-4	0.61	0.49	0.0	0.48	0.0
Daily Balance Of Power	(0.29)	(0.85)	(1.39)	(0.68)	(0.52)	(1.00)
Period Momentum Indicator	(0.06)	(0.52)	(0.68)	(0.15)	(0.25)	(0.36)
Rate Of Daily Change	1.0	0.99	0.98	1.0	0.99	0.99
Day Median Price	50.0	45.07	42.61	43.47	49.32	57.39
Price Action Indicator	(0.14)	(0.09)	(0.37)	(0.11)	(0.07)	(0.25)
Relative Strength Index	44.97	49.4	43.67	41.75	31.29	42.14
Coefficient Of Variation	1211.06	722.27	(16,505)	(1,170)	(471.42)	(1,678)
Mean Deviation	0.6615	0.6436	1.09	0.2551	0.6801	0.3309
Jensen Alpha	0.064	0.1115	(0.02)	(0.04)	(0.20)	(0.04)
Total Risk Alpha	0.0632	0.1106	(0.02)	(0.04)	(0.20)	(0.04)
Sortino Ratio	0.0697	0.1191	N/A	N/A	N/A	N/A
Downside Variance	0.8257	0.8642	N/A	N/A	N/A	N/A
Standard Deviation	0.8981	0.8778	1.45	0.3562	0.881	0.4532
Kurtosis	3.09	4.27	0.3313	2.9	0.8694	4.51
Potential Upside	1.28	1.46	2.33	0.5	0.904	0.5554
Treynor Ratio	0.4809	4.13	(0.06)	(0.57)	(0.99)	(0.50)
Maximum Drawdown	6.11	5.36	7.08	2.3	4.47	2.99
Variance	0.8065	0.7705	2.09	0.1269	0.7762	0.2054
Market Risk Adjusted Performance	0.4909	4.14	(0.05)	(0.56)	(0.98)	(0.49)
Risk Adjusted Performance	0.0676	0.1124	(0.0005)	(0.08)	(0.17)	(0.06)
Skewness	(0.41)	(0.99)	(0.33)	(0.75)	(0.86)	(1.21)
Semi Deviation	0.8211	0.7368	N/A	N/A	N/A	N/A
Information Ratio	0.0705	0.1261	(0.01)	(0.12)	(0.22)	(0.08)
Value At Risk	(1.09)	(1.03)	(2.65)	(0.70)	(1.98)	(0.63)
Expected Short fall	(0.73)	(0.70)	N/A	N/A	N/A	N/A
Downside Deviation	0.9087	0.9296	N/A	N/A	N/A	N/A
Semi Variance	0.6743	0.5429	N/A	N/A	N/A	N/A

Global X Competition Performance Charts

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Global X Competition

Specify up to 10 symbols:

Global X Competition Correlation Matrix

Global X Constituents Risk-Adjusted Indicators

Global X Competitive Analysis

Global X Competition Performance Charts

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