Global X is trading at 48.34 as of the 17th of March 2025, a 1.19 percent up since the beginning of the trading day. The etf's lowest day price was 48.02. Global X has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. The performance scores are derived for the period starting the 17th of December 2024 and ending today, the 17th of March 2025. Click here to learn more.
The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace Defense IndexTM before fees and expenses. Victoryshares Protect is listed under Diversified Wholesale And Retail in the United States and is traded on NYSEArca Exchange exchange.. The company has 108.99 M outstanding shares of which 20.31 M shares are at this time shorted by private and institutional investors with about 6.5 trading days to cover. More on Global X Funds
Global X Funds [SHLD] is traded in USA and was established 2020-11-04. The fund is listed under Technology category and is part of Victory Capital family. The entity is thematically classified as Impulse. Global X Funds at this time have 3.33 M in assets. , while the total return for the last year was 51.2%.
Global X Funds currently holds about 193 M in cash with (1.74 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -13.7278.
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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 Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global 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 Global X Funds 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.
Global X Funds Currency Exposure
Global X Funds 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 Global X 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 Global X Funds.
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 Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Global X financial ratios help investors to determine whether Global Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global X security.