- Last Ratings Update:10/31/2015
- Price as of 10/31/2015 :$19.29
- Net Assets:$136.1 Million
- Peer Rank:30 of 252
- Investment Rating:B
We rate Global X Social Media Index ETF at B. Positive factors that influence this rating include a well above average total return, low price volatility and low expense structure. The fund may be considered for investors seeking a Global Equity strategy.
POSITIVES AND RISKS
Total return ranks very high in comparison with peers over the last three years. The Global X Social Media Index ETF has returned an annual rate of 7.07% since inception. More recently, the fund has generated a total return of 15.52% in the last three years, -0.05% in the last year, and -3.16% in the last six months. How does that compare to other equity funds? In the last three years, it has outperformed 84% of them. It has also outpaced 51% of its competitors on a one year basis for the period ending 10/31/2015. On a year to date basis, SOCL has returned 7.05%.
Downside risk has been below average. SOCL has a draw down risk of -23.03%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 20.9%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months. As of 10/31/2015, the fund was trading at a price of $19.29, which is 0.8% below its 52-week high of $19.44 and 12.2% above its 52-week low of $17.19.
Low expense ratio helps performance. On total assets of $136.10 million, SOCL maintains a low expense ratio compared to its Global Equity peers of just 0.65% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As SOCL is an exchange traded fund, it has no front end or back end load.
The Global X Social Media Index ETF is managed by Bruno Del Ama at Global X Management Company LLC. This fund is one of 45 Global X Management Company LLC exchange-traded funds launched since 2/5/2009 that we track.
Select the service that is right for you!COMPARE ALL SERVICES
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas