Global X Internet Etf Profile

SNSR Etf  USD 36.17  0.10  0.28%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 34

 
High
 
Low
Below Average
Global X is selling at 36.17 as of the 30th of November 2024; that is 0.28 percent increase since the beginning of the trading day. The etf's lowest day price was 36.06. Global X has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Global X Internet are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th 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 Internet is traded on NASDAQ Exchange in the United States. More on Global X Internet

Moving together with Global Etf

  0.79VGT Vanguard InformationPairCorr
  0.74XLK Technology Select SectorPairCorr
  0.77IYW iShares Technology ETFPairCorr
  0.88CIBR First Trust NASDAQPairCorr

Moving against Global Etf

  0.49WTRE WisdomTree New EconomyPairCorr
  0.46AIVI WisdomTree InternationalPairCorr

Global Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Technology, Global X Funds (View all Sectors)
IssuerGlobal X
Inception Date2016-09-12
BenchmarkIndxx Global Internet of Things Thematic Index
Entity TypeRegulated Investment Company
Asset Under Management239.51 Million
Average Trading Valume19,246.3
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionGlobal
AdministratorGlobal X Management Company LLC
AdvisorGlobal X Management Company LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerChang Kim, James Ong, Nam To
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Oct
ExchangeNASDAQ
Number of Constituents56.0
Market MakerSusquehanna
Total Expense0.68
Management Fee0.68
Country NameUSA
Returns Y T D2.65
NameGlobal X Internet of Things ETF
Currency CodeUSD
Open FigiBBG00DSB6FH8
In Threey Volatility25.01
1y Volatility20.3
200 Day M A35.2165
50 Day M A34.8832
CodeSNSR
Updated At30th of November 2024
Currency NameUS Dollar
Global X Internet [SNSR] is traded in USA and was established 2016-09-12. The fund is listed under Technology category and is part of Global X Funds family. The entity is thematically classified as Strategy ETFs. Global X Internet at this time have 262.31 M in assets. , while the total return for the last 3 years was -0.7%.
Check Global X 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 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 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.

Global X Internet Currency Exposure

Global X 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 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 Internet.

Top Global X Internet Etf Constituents

QCOMQualcomm IncorporatedStockInformation Technology
ALRMAlarm HoldingsStockInformation Technology
SWKSSkyworks SolutionsStockInformation Technology
ADTADT IncStockConsumer Discretionary
STSensata Technologies HoldingStockIndustrials
SLABSilicon LaboratoriesStockInformation Technology
MBLYMobileye Global ClassStockConsumer Discretionary
JCIJohnson Controls InternationalStockIndustrials
More Details

Global X Top Holders

GXTGGlobal X ThematicEtfGlobal Small/Mid Stock
More Details

Global X 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 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 Against Markets

When determining whether Global X Internet is a strong investment it is important to analyze Global X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global X's future performance. For an informed investment choice regarding Global Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Global X 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 state.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of Global X Internet 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.