If Id put 30,000 into the SP 500 at the start of 2024, heres what Id have today - Yahoo Finance UK

Slightly above 67% of Global X's investor base is looking to short. The current sentiment regarding investing in Global X etf implies that many traders are alarmed. Global X's investing sentiment can be driven by a variety of factors including economic data, Global X's earnings reports, geopolitical events, and overall market trends.
  
If Id put 30,000 into the SP 500 at the start of 2024, heres what Id have today Yahoo Finance UK

Read at news.google.com
Google News at Macroaxis
  

Global X Fundamental Analysis

We analyze Global X's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global X based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

One Year Return

One Year Return Comparative Analysis

Global X is currently under evaluation in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

Peers

Trending Equities

INTC  3.48   
0%
100.0%
AAL  2.19   
0%
62.0%
AA  1.96   
0%
56.0%
C  0.84   
0%
24.0%
S  0.45   
0%
12.0%
MET  0.43   
0%
12.0%
T  0.40   
0%
11.0%
TGT  0.33   
0%
9.0%
AAPL  0.31   
0%
8.0%
WFC  0.28   
0%
8.0%
CVX  0.08   
0%
2.0%
UPS  0.06   
0%
1.0%
HD  0.00   
0%
0%
IBM  0.00   
0%
0%
BBY  0.27   
7.0%
0%
CVS  0.50   
14.0%
0%
Check out Risk vs Return Analysis 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 american community survey.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk