Flexshares Global Quality Etf Profile
| GQRE Etf | USD 62.37 0.60 0.97% |
Performance5 of 100
| Odds Of DistressLess than 9
|
FlexShares Global is trading at 62.37 as of the 28th of November 2024, a 0.97 percent increase since the beginning of the trading day. The etf's lowest day price was 62.35. FlexShares Global has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for FlexShares Global Quality are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The index is designed to reflect the performance of a selection of companies that, in aggregate, possess greater exposure to quality, value and momentum factors relative to the Northern Trust Global Real Estate Index. Flexshares Global is traded on NYSEARCA Exchange in the United States.. More on FlexShares Global Quality
Moving together with FlexShares Etf
| 0.96 | REET | iShares Global REIT | PairCorr |
| 0.91 | RWO | SPDR Dow Jones | PairCorr |
| 0.65 | HAUZ | Xtrackers International | PairCorr |
| 0.87 | AVRE | Avantis Real Estate | PairCorr |
Moving against FlexShares Etf
FlexShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Real Estate ETFs, Global Real Estate, Flexshares Trust (View all Sectors) |
| Issuer | Northern Trust |
| Inception Date | 2013-11-05 |
| Benchmark | Northern Trust Global Quality Real Estate Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 403.68 Million |
| Average Trading Valume | 13,903.4 |
| Asset Type | Real Estate |
| Category | Sector |
| Focus | Real Estate |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | J.P. Morgan Chase Bank, N.A. |
| Advisor | Northern Trust Investments, Inc. |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Robert Anstine, Brendan Sullivan |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 211 |
| Market Maker | Jane Street |
| Total Expense | 0.46 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 12.49 |
| Name | FlexShares Global Quality Real Estate Index Fund |
| Currency Code | USD |
| Open Figi | BBG005JYLGR5 |
| In Threey Volatility | 19.88 |
| 1y Volatility | 17.06 |
| 200 Day M A | 57.3525 |
| 50 Day M A | 61.217 |
| Code | GQRE |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
FlexShares Global Quality [GQRE] is traded in USA and was established 2013-11-05. The fund is listed under Global Real Estate category and is part of Flexshares Trust family. The entity is thematically classified as Sector ETFs. FlexShares Global Quality currently have 318.77 M in assets under management (AUM). , while the total return for the last 3 years was -1.5%.
Check FlexShares 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 FlexShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FlexShares 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 FlexShares Global Quality 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.
FlexShares Global Quality Currency Exposure
FlexShares Global Quality 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 FlexShares 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 FlexShares Global Quality.
Top FlexShares Global Quality Etf Constituents
| ELS | Equity Lifestyle Properties | Stock | Real Estate | |
| CPT | Camden Property Trust | Stock | Real Estate | |
| VTR | Ventas Inc | Stock | Real Estate | |
| DLR | Digital Realty Trust | Stock | Real Estate | |
| VNO | Vornado Realty Trust | Stock | Real Estate | |
| ARE | Alexandria Real Estate | Stock | Real Estate | |
| WY | Weyerhaeuser | Stock | Real Estate | |
| WELL | Welltower | Stock | Real Estate |
FlexShares Global Top Holders
| ASET | FlexShares Real Assets | Etf | Global Large-Stock Blend | |
| BBALX | Northern Global Tactical | Mutual Fund | World Allocation | |
| SRIFX | Fundx Sustainable Impact | Mutual Fund | Large Growth |
FlexShares Global Quality 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 FlexShares 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 | 0.0412 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.12) |
FlexShares Global Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in FlexShares Global Quality. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of FlexShares Global Quality is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Global's value that differs from its market value or its book value, called intrinsic value, which is FlexShares 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 FlexShares Global's market value can be influenced by many factors that don't directly affect FlexShares 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 FlexShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares 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.