Global X Competition

Global X competes with Exxon, Disney, Dupont De, GE Aerospace, and McDonalds; 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.

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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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Global X. Your research has to be compared to or analyzed against Global X's peers to derive any actionable benefits. When done correctly, Global X's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Global X.

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 does not affect the price movement of the other competitor.

	XOM	DIS	DD	GE	MCD	HPQ	KO
XOM		-0.34	0.52	0.66	0.21	0.54	0.22	XOM
DIS	-0.34		-0.58	-0.55	-0.4	0.08	-0.79	DIS
DD	0.52	-0.58		0.72	0.52	0.21	0.71	DD
GE	0.66	-0.55	0.72		0.54	0.33	0.69	GE
MCD	0.21	-0.4	0.52	0.54		0.13	0.57	MCD
HPQ	0.54	0.08	0.21	0.33	0.13		-0.17	HPQ
KO	0.22	-0.79	0.71	0.69	0.57	-0.17		KO
	XOM	DIS	DD	GE	MCD	HPQ	KO

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High positive correlations

GE	+ 0.72	DD
KO	+ 0.71	DD
KO	+ 0.69	GE
GE	+ 0.66	XOM
KO	+ 0.57	MCD
HPQ	+ 0.54	XOM

High negative correlations

KO	- 0.79	DIS
DD	- 0.58	DIS
GE	- 0.55	DIS
MCD	- 0.4	DIS
DIS	- 0.34	XOM
KO	- 0.17	HPQ

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
XOM	0.91	(0.12)	0.00	(0.35)	0.00	0.00	1.83	(2.14)	6.06
DIS	0.97	0.26	0.24	0.48	0.68	(1.09)	2.34	(1.48)	8.05
DD	0.97	(0.12)	0.00	(0.17)	0.00	0.00	2.68	(1.82)	7.80
GE	1.31	(0.18)	0.00	(0.14)	0.00	0.00	2.85	(2.81)	10.78
MCD	0.75	(0.02)	(0.02)	(0.01)	1.39	(0.65)	1.48	(1.76)	6.70
HPQ	1.50	(0.06)	0.00	(0.64)	0.00	0.00	2.30	(3.91)	14.73
KO	0.71	(0.20)	0.00	31.49	0.00	0.00	1.22	(1.66)	4.00

Unable to evaluate fundamental data of [XOM, DIS, DD, GE, MCD, HPQ, KO] at this time. Please try again later

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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

	XOM	DIS	DD	GE	MCD	HPQ	KO
	0.86 105.51 Exxon	0.02 111.37 Disney	0.99 76.85 Dupont	3.03 164.80 GE Aerospace	0.22 290.23 McDonalds	3.99 32.49 HP	0.64 62.45 Coca
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Good	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Very Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Under Valued	Over Valued	Fairly Valued	Over Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Buy	Buy	Buy	Strong Buy	Buy	Buy	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Buy	Strong Hold	Hold	Cautious Hold	Strong Sell	Strong Buy
Current Ratio	1.34 X	1.00 X	2.39 X	1.10 X	1.65 X	0.76 X	1.13 X
Net Asset	376.32 B	196.22 B	38.55 B	163.04 B	56.15 B	39.91 B	97.7 B
Profit Margin	0.1 %	0.05 %	0.07 %	0.09 %	0.32 %	0.05 %	0.22 %
EBITDA	74.27 B	14.01 B	2.05 B	13.38 B	13.9 B	3.82 B	15.62 B
Price To Book	1.73 X	2.00 X	1.34 X	9.17 X	N/A	N/A	10.14 X
Operating Margin	0.13 %	0.15 %	0.17 %	0.18 %	0.47 %	0.07 %	0.30 %
Current Valuation	483.35 B	244.39 B	37.92 B	177.08 B	260.64 B	38.13 B	298.85 B
Retained Earnings	453.93 B	49.72 B	(22.87 B)	86.53 B	63.48 B	(2.68 B)	73.78 B
Current Asset	42.62 B	16.97 B	17.12 B	151.99 B	9.64 B	18.47 B	33.4 B
Five Year Return	5.38 %	1.38 %	2.50 %	1.75 %	2.30 %	2.90 %	3.13 %
One Year Return	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Beta	0.88	1.4	1.34	1.19	0.74	1.09	0.62
Equity Positions Weight	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Number Of Employees	62 K	173.25 K	24 K	125 K	100 K	58 K	79.1 K
Shares Outstanding	4.4 B	1.81 B	417.96 M	1.08 B	716.62 M	937.8 M	4.31 B
Three Year Return	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash Flow From Operations	55.37 B	13.97 B	1.92 B	5.18 B	9.61 B	3.75 B	11.6 B
Annual Yield	0.04 %	0.01 %	0.02 %	0.01 %	0.02 %	0.03 %	0.03 %
Total Debt	47.71 B	48.74 B	8.29 B	22.94 B	53.09 B	9.67 B	42.06 B
Return On Equity	0.15	0.0546	0.0219	0.23	N/A	N/A	0.37
Bond Positions Weight	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	0.0708	0.0362	0.0292	0.0302	0.14	0.0705	0.0844
Number Of Shares Shorted	41.12 M	17.54 M	3.6 M	11.24 M	9.97 M	38.06 M	28.44 M
Book Value Per Share	61.11 X	55.41 X	57.94 X	17.44 X	(7.22) X	(1.44) X	6.15 X
Current Liabilities	53.98 B	16.84 B	8.9 B	108.2 B	2.95 B	18.81 B	26.93 B
Total Asset	376.32 B	196.22 B	38.55 B	163.04 B	56.15 B	39.91 B	97.7 B
Last Dividend Paid	3.8	N/A	1.5	0.92	7.08	N/A	1.92
Debt To Equity	0.23 %	0.45 %	0.48 %	1.00 %	4.35 %	0.88 %	1.69 %
Short Ratio	2.80 X	2.29 X	1.65 X	2.64 X	2.90 X	6.19 X	1.74 X
Target Price	130.58	122.59	97.0	210.71	321.51	36.24	73.76
Shares Owned By Institutions	65.57 %	69.77 %	72.20 %	78.97 %	73.17 %	82.40 %	64.68 %
Market Capitalization	463.73 B	201.65 B	32.44 B	173.11 B	208.45 B	30.47 B	269.02 B
Price To Earning	9.24 X	56.03 X	21.91 X	23.28 X	39.39 X	9.89 X	27.50 X
Price To Earnings To Growth	5.38 X	0.98 X	0.43 X	1.92 X	2.62 X	1.19 X	2.63 X
Price To Sales	1.35 X	2.24 X	2.66 X	2.47 X	8.02 X	0.57 X	5.80 X
Net Income	36.01 B	5.77 B	494 M	9.48 B	8.47 B	3.26 B	10.71 B
Earnings Per Share	8.03 X	2.72 X	1.28 X	5.07 X	11.40 X	2.81 X	2.41 X
Shares Owned By Insiders	0.06 %	N/A	0.11 %	0.15 %	0.18 %	0.20 %	9.95 %
Revenue	334.7 B	91.36 B	12.07 B	67.95 B	25.49 B	53.56 B	45.75 B
Working Capital	31.29 B	(9.36 B)	4.42 B	8.92 B	1.13 B	(6.51 B)	3.16 B
Cash And Equivalents	29.64 B	14.18 B	3.66 B	17.26 B	2.58 B	3.15 B	9.52 B
Cash Per Share	7.38 X	6.52 X	3.59 X	14.82 X	3.86 X	3.15 X	3.06 X
Gross Profit	133.72 B	29.7 B	4.62 B	18.54 B	13.21 B	11.51 B	25 B
Day Typical Price	106.13	111.84	77.36	164.25	290.65	33.0	62.67
Accumulation Distribution	462294.0	134293.0	30199.66	96155.78	44469.99	0.0478	152619.0
Market Facilitation Index	N/A	N/A	0.0	0.0	0.0	1.63	N/A
Daily Balance Of Power	(0.37)	0.012	(0.49)	1.350975	(0.16)	(0.83)	(0.52)
Period Momentum Indicator	(0.91)	0.02	(0.77)	4.85	(0.65)	(1.35)	(0.40)
Rate Of Daily Change	0.99	1.0	0.99	1.03	1.0	0.96	0.99
Day Median Price	106.44	112.08	77.61	163.98	290.86	33.25	62.79
Price Action Indicator	(1.38)	(0.70)	(1.15)	3.25	(0.95)	(1.44)	(0.53)
Coefficient Of Variation	(1,183)	512.44	(1,414)	(1,359)	18995.72	(4,230)	(461.48)
Mean Deviation	0.9109	0.9656	0.9724	1.31	0.7453	1.5	0.7085
Jensen Alpha	(0.12)	0.2574	(0.12)	(0.18)	(0.02)	(0.06)	(0.20)
Total Risk Alpha	(0.15)	0.2283	(0.15)	(0.21)	(0.04)	(0.13)	(0.23)
Sortino Ratio	N/A	0.235	N/A	N/A	(0.02)	N/A	N/A
Downside Variance	N/A	1.11	N/A	N/A	2.03	N/A	N/A
Standard Deviation	1.24	1.44	1.38	1.93	1.1	2.17	0.8985
Kurtosis	0.4654	5.73	2.58	6.42	6.67	10.38	0.116
Potential Upside	1.83	2.34	2.68	2.85	1.48	2.3	1.22
Treynor Ratio	(0.35)	0.4768	(0.17)	(0.14)	(0.01)	(0.64)	31.49
Maximum Drawdown	6.06	8.05	7.8	10.78	6.7	14.73	4.0
Variance	1.54	2.07	1.9	3.73	1.22	4.72	0.8073
Market Risk Adjusted Performance	(0.34)	0.4868	(0.16)	(0.13)	0.0016	(0.63)	31.5
Risk Adjusted Performance	(0.06)	0.1594	(0.05)	(0.05)	0.007	(0.01)	(0.17)
Skewness	0.0799	1.64	0.9859	(1.67)	(1.80)	(2.34)	(0.22)
Semi Deviation	N/A	0.683	N/A	N/A	1.39	N/A	N/A
Information Ratio	(0.11)	0.1719	(0.1)	(0.09)	(0.03)	(0.04)	(0.25)
Value At Risk	(2.14)	(1.48)	(1.82)	(2.81)	(1.76)	(3.91)	(1.66)
Expected Short fall	N/A	(1.09)	N/A	N/A	(0.65)	N/A	N/A
Downside Deviation	N/A	1.05	N/A	N/A	1.42	N/A	N/A
Semi Variance	N/A	0.4665	N/A	N/A	1.94	N/A	N/A

Global X Competition Performance Charts

Five steps to successful analysis of Global X Competition

Global X's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Global X in relation to its competition. Global X's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Global X in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Global X's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Global X, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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In addition to having Global X in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 44 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Blend Funds Theme or any other thematic opportunities.

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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Other Tools for Global Etf

When running Global X's price analysis, check to measure Global X's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global X is operating at the current time. Most of Global X's value examination focuses on studying past and present price action to predict the probability of Global X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global X's price. Additionally, you may evaluate how the addition of Global X to your portfolios can decrease your overall portfolio volatility.

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