Global X Thematic Etf Profile
| GXTG Etf | USD 25.30 0.39 1.57% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Global X is trading at 25.30 as of the 28th of November 2024. This is a 1.57 percent increase since the beginning of the trading day. The etf's lowest day price was 25.01. Global X has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Global X Thematic 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 fund invests at least 80 percent of its total assets in the securities of the underlying index. Gx Thematic is traded on NASDAQ Exchange in the United States. More on Global X Thematic
Moving together with Global Etf
| 0.75 | INFL | Horizon Kinetics Inf | PairCorr |
| 0.77 | PSP | Invesco Global Listed | PairCorr |
| 0.64 | TMAT | Main Thematic Innovation Low Volatility | PairCorr |
Moving against Global Etf
Global Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Global Small/Mid Stock, Global X Funds (View all Sectors) |
| Issuer | Global X |
| Inception Date | 2019-10-25 |
| Benchmark | Solactive Thematic Growth Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 15.47 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Global X Management Company LLC |
| Advisor | Global X Management Company LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Chang Kim, Nam To, Wayne Xie, Kimberly Chan |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 30-Nov |
| Exchange | NASDAQ |
| Number of Constituents | 11.0 |
| Market Maker | GTS |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 1.83 |
| Name | Global X Thematic Growth ETF |
| Currency Code | USD |
| Open Figi | BBG00QNKPX66 |
| In Threey Volatility | 26.93 |
| 1y Volatility | 21.15 |
| 200 Day M A | 23.7092 |
| 50 Day M A | 24.8194 |
| Code | GXTG |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.85) |
Global X Thematic [GXTG] is traded in USA and was established 2019-10-25. The fund is listed under Global Small/Mid Stock category and is part of Global X Funds family. The entity is thematically classified as Strategy ETFs. Global X Thematic currently have 57.44 M in assets under management (AUM). , while the total return for the last 3 years was -18.3%.
Check Global X Probability Of Bankruptcy
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 Thematic 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.
Top Global X Thematic Etf Constituents
| BKCH | Global X Blockchain | Etf | Financial | |
| BOTZ | Global X Robotics | Etf | Miscellaneous Sector | |
| CLOU | Global X Cloud | Etf | Technology | |
| EBIZ | Global X E commerce | Etf | Consumer Cyclical | |
| FINX | Global X FinTech | Etf | Technology | |
| GNOM | Global X Genomics | Etf | Health | |
| LIT | Global X Lithium | Etf | Natural Resources | |
| LNGR | Global X | Etf | Health |
Global X Thematic 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 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.
| Risk Adjusted Performance | 0.0598 | |||
| Jensen Alpha | 0.0265 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.02) |
Global X Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Thematic. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Global X Thematic is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X'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 Global X's market value can be influenced by many factors that don't directly affect Global X'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 Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X'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.