GLOBAL X FDS
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$19.91
- Net Assets:$0 Million
- NAV:$20.03
- Premium-0.6%
- Peer Rank:143 of 161
- Investment Rating:D
- Performance:D-
- RiskC+
We rate Global X SuperDividend REIT at D. Negative factors that influence this rating include a high price volatility. The fund may be considered for investors seeking a Growth & Income strategy.
Total return ranks well below peers over the last three years. The Global X SuperDividend REIT has returned an annual rate of -1.37% since inception. More recently, the fund has generated a total return of -7.77% in the last five years, -3.73% in the last three years, and -6.42% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 4% of them. It has also outpaced 18% of its competitors on a three year basis and 8% of them over the last year for the period ending 2/29/2024. On a year to date basis, SRET has returned -8.99%.
Downside risk has been below average. SRET has a draw down risk of -31.71%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 21.2%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As SRET is an exchange traded fund, it has no front end or back end load.
The Global X SuperDividend REIT is managed by Nam To at Global X Management Company LLC. This fund is one of 69 Global X Management Company LLC exchange-traded funds launched since 2/5/2009 that we track.