Global X Guru Index ETFFind Ratings Reports
- Last Ratings Update:01/31/2018
- Price as of 01/31/2018 :$31.35
- Net Assets:$491.3 Million
- Peer Rank:49 of 129
- Investment Rating:C
We rate Global X Guru Index ETF at C. Positive factors that influence this rating include a greater than above average total return and low expense structure. The fund may be considered for investors seeking a Growth & Income strategy.
POSITIVES AND RISKS
Total return ranks above peers over the last three years. The Global X Guru Index ETF has returned an annual rate of 15.25% since inception. More recently, the fund has generated a total return of 10.51% in the last five years, 6.68% in the last three years, and 22.67% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 70% of them. It has also outpaced 52% of its competitors on a three year basis and 72% of them over the last year for the period ending 1/31/2018. On a year to date basis, GURU has returned 3.42%.
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 12.3%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 1/31/2018, the fund was trading at a price of $31.35, which is 1.7% below its 52-week high of $31.88 and 5.6% above its 52-week low of $29.69.
Low expense ratio helps performance. On total assets of $491.30 million, GURU maintains a low expense ratio compared to its Growth & Income peers of just 0.75% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. 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 46 Global X Management Company LLC exchange-traded funds launched since 2/5/2009 that we track.