Global X Guru Index ETFFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$22.18
- Net Assets:$491.3 Million
- Peer Rank:82 of 118
- Investment Rating:C-
We rate Global X Guru Index ETF at C-. Positive factors that influence this rating include a low expense structure. The fund may be considered for investors seeking a Growth & Income strategy.
POSITIVES AND RISKS
Total return ranks below peers over the last three years. The Global X Guru Index ETF has returned an annual rate of 11.61% since inception. More recently, the fund has generated a total return of 2.44% in the last three years, -15.37% in the last year, and -4.09% in the last six months. How does that compare to other equity funds? In the last three years, it has outperformed 37% of them. It has also outpaced 13% of its competitors on a one year basis for the period ending 6/30/2016. On a year to date basis, GURU has returned -4.09%.
Downside risk has been below average. GURU has a draw down risk of -23.83%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 14.4%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $22.18, which is 2.6% below its 52-week high of $22.78 and 6.3% above its 52-week low of $20.86.
Low expense ratio helps performance. As GURU is an exchange traded fund, it has no front end or back end load.
The Global X Guru Index ETF is managed by Chang Kim 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.