Oshares Global Internet Etf Profile
| OGIG Etf | USD 47.40 0.25 0.53% |
Performance26 of 100
| Odds Of DistressLess than 9
|
OShares Global is trading at 47.40 as of the 30th of November 2024. This is a 0.53 percent up since the beginning of the trading day. The etf's lowest day price was 47.27. OShares Global has less than a 9 % chance of experiencing financial distress in the next few years and had a strong performance during the last 90 days. Equity ratings for OShares Global Internet are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal market conditions, the fund will invest at least 80 percent of its total assets in the components of the underlying index. OShares Global is traded on BATS Exchange in the United States. More on OShares Global Internet
Moving together with OShares Etf
| 0.94 | VGT | Vanguard Information | PairCorr |
| 0.89 | XLK | Technology Select Sector | PairCorr |
| 0.93 | IYW | iShares Technology ETF | PairCorr |
| 0.88 | CIBR | First Trust NASDAQ | PairCorr |
Moving against OShares Etf
OShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology, ALPS (View all Sectors) |
| Issuer | ALPS |
| Inception Date | 2018-06-04 |
| Benchmark | O'Shares Global Internet Giants Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 134.56 Million |
| Average Trading Valume | 9,941.7 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | ALPS Advisors, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Ryan Mischker, Andrew Hicks |
| Transfer Agent | State Street Bank and Trust Company |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 71.0 |
| Market Maker | Citadel |
| Total Expense | 0.48 |
| Management Fee | 0.48 |
| Country Name | USA |
| Returns Y T D | 29.13 |
| Name | OShares Global Internet Giants |
| Currency Code | USD |
| Open Figi | BBG018B6MWJ0 |
| In Threey Volatility | 26.0 |
| 1y Volatility | 18.36 |
| 200 Day M A | 39.6881 |
| 50 Day M A | 43.6467 |
| Code | OGIG |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.39) |
OShares Global Internet [OGIG] is traded in USA and was established 2018-06-05. The fund is listed under Technology category and is part of ALPS family. The entity is thematically classified as Strategy ETFs. OShares Global Internet now have 176.66 M in assets. , while the total return for the last 3 years was -3.9%.
Check OShares Global Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on OShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding OShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as OShares Global Internet Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
OShares Global Internet Currency Exposure
OShares Global Internet holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of OShares Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in OShares Global Internet.
Top OShares Global Internet Etf Constituents
| ADBE | Adobe Systems Incorporated | Stock | Information Technology | |
| MSFT | Microsoft | Stock | Information Technology | |
| ZM | Zoom Video Communications | Stock | Information Technology | |
| W | Wayfair | Stock | Consumer Discretionary | |
| SNAP | Snap Inc | Stock | Communication Services | |
| ROKU | Roku Inc | Stock | Communication Services | |
| PINS | Stock | Communication Services | ||
| PDD | PDD Holdings | Stock | Consumer Discretionary |
OShares Global Top Holders
| CSPGX | Astor Star Fund | Mutual Fund | Tactical Allocation | |
| ASPGX | Astor Star Fund | Mutual Fund | Tactical Allocation | |
| STARX | Astor Star Fund | Mutual Fund | Tactical Allocation |
OShares Global Internet Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in OShares Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.2387 | |||
| Jensen Alpha | 0.1954 | |||
| Total Risk Alpha | 0.1374 | |||
| Sortino Ratio | 0.1594 |
OShares Global Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OShares Global Internet. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of OShares Global Internet is measured differently than its book value, which is the value of OShares that is recorded on the company's balance sheet. Investors also form their own opinion of OShares Global's value that differs from its market value or its book value, called intrinsic value, which is OShares Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OShares Global's market value can be influenced by many factors that don't directly affect OShares Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if OShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OShares Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.