EDUT


Education ETF

Reasons to Consider EDUT

Long-Term Growth Potential

Educational access is associated with many positive social and economic outcomes. We expect the convergence of technology and education to democratize access to learning around the world.

Unconstrained Approach

The education theme extends beyond the scope of any single country or public entity. EDUT invests accordingly, with global exposure across multiple sectors and industries.

Conscious Approach

EDUT incorporates the Environmental, Social & Governance (ESG) proxy voting guidelines from Glass Lewis.

Key Information As of 09/26/22

Inception Date 07/10/20
Total Expense Ratio 0.50%
Net Assets $2.96 million
NAV $6.04
Fact Sheet

ETF Summary

The Global X Education ETF (EDUT) seeks to invest in companies providing products and services that facilitate education, including online learning and publishing educational content, as well as those involved in early childhood education, higher education, and professional education.

ETF Objective

The Global X Education ETF (EDUT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Education Thematic Index.

Trading Details As of 09/26/22

Ticker EDUT
Bloomberg Index Ticker IEDUX
CUSIP 37954Y723
ISIN US37954Y7233
Primary Exchange Nasdaq
Shares Outstanding 490,000
Number of Holdings 35
30-Day Median Bid-Ask Spread 1.88%

Distributions As of 09/26/22

30-Day SEC Yield 0.38%
Distribution Frequency Semi-Annually

ETF Prices As of 09/26/22

NAV $6.04 Daily Change $0.09 1.51%
Market Price $6.11 Daily Change $0.28 4.80%

Performance History

As of recent
(06/30/22)
As of recent
(06/30/22)
Fund NAV Market Price Index
1 Year -54.56% -54.46% -54.28%
Since Inception -35.12% -35.07% -34.76%
1 Year -41.81% -41.83% -41.47%
Since Inception -31.13% -31.22% -30.76%
Year-to-Date -28.28% -27.77% -28.02%
1 Month -1.99% -1.23% -1.82%
3 Months -19.84% -19.61% -19.59%
Since Inception -57.40% -57.33% -56.94%
Year-to-Date -24.28% -24.08% -23.95%
1 Month -2.58% -2.44% -2.44%
3 Months 3.48% 3.81% 3.74%
Since Inception -55.02% -55.15% -54.51%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 09/26/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.03 PSON LN PEARSON PLC 0677608 9.31 35,039 326,380.33
9.29 IEL AU IDP EDUCATION LTD BDB6DD1 17.40 15,795 274,890.91
7.94 EDU NEW ORIENTAL-ADR BMCMBJ3 24.17 9,717 234,859.89
7.29 1797 HK KOOLEARN TECHNOL BDFZ4G4 3.81 56,582 215,518.90
5.32 BFAM BRIGHT HORIZONS B7MJWP2 57.34 2,744 157,340.96
5.02 CHGG CHEGG INC BG6N6K6 20.67 7,179 148,389.93
4.81 TAL TAL EDUCATION GROUP- ADR B4MGD82 5.04 28,247 142,364.88
3.97 ZM ZOOM VIDEO COM-A BGSP7M9 73.33 1,603 117,547.99
3.92 DUOL DUOLINGO BMCM6P4 90.36 1,283 115,931.88
3.45 WLY WILEY JOHN&SON-A 2965668 38.61 2,646 102,162.06
3.33 LRN STRIDE INC BLD5321 40.77 2,419 98,622.63
3.31 UDMY UDEMY INC BPBLNG3 12.31 7,946 97,815.26
2.91 9783 JP BENESSE HOLDINGS INC 6121927 14.82 5,815 86,164.56
2.84 COUR COURSERA INC BNSNZL7 10.33 8,141 84,096.53
2.38 RNG RINGCENTRAL INC-CLASS A BDZCRX3 40.54 1,734 70,296.36
2.02 BAND BANDWIDTH INC-CLASS A BD3FZ18 11.96 4,985 59,620.60
1.99 EGHT 8X8 INC 2037170 3.67 16,004 58,734.68
1.93 SCHL SCHOLASTIC CORP 2779234 30.82 1,849 56,986.18
1.92 BCOV BRIGHTCOVE B4XS3D2 6.43 8,849 56,899.07
1.66 DCBO CN DOCEBO INC BK5MWP9 26.17 1,873 49,013.21
1.63 KAHOT NO KAHOOT! ASA BZ17B89 1.73 27,865 48,166.06
1.46 YDUQ3 BZ YDUQS PARTICIPACOES SA BJGV3C2 2.47 17,439 43,038.76
1.43 6200 JP INSOURCE CO LTD BD1JSR9 17.24 2,451 42,260.67
1.34 667 HK CHINA EAST EDUCA BJGSS62 0.32 123,392 39,768.88
1.19 3681 JP V-CUBE INC BGCYZB7 6.56 5,346 35,070.92
1.14 215200 KS MEGASTUDYEDU CO LTD BWB95X7 50.58 666 33,688.53
0.99 GEM AU G8 EDUCATION LTD B296314 0.62 47,685 29,406.91
0.85 TWOU 2U INC BKWBZZ0 5.81 4,308 25,029.48
0.66 ARCE ARCO PLATFORM-A BGQT8T7 11.79 1,657 19,536.03
0.65 4714 JP RISO KYOIKU CO LTD 6187491 2.18 8,800 19,202.66
0.57 SKIL SKILLSOFT CORP BMG0YD8 1.83 9,181 16,801.23
0.55 9470 JP GAKKEN HOLDINGS CO LTD 6359739 6.48 2,500 16,192.72
0.40 3678 JP MEDIA DO CO LTD BFTRL36 12.73 928 11,815.76
0.34 GOTU GAOTU TECHEDU INC BK1VBN1 1.22 8,124 9,911.28
0.32 DAO YOUDAO INC - ADR BJVNSH3 4.55 2,046 9,309.30
0.19 CASH 1.00 5,739 5,731.52
Holdings are subject to change.

Sector Breakdown As of 08/31/22

Sector Weight (%)
Consumer Discretionary 55.1
Communication Services 23.7
Information Technology 18.9
Industrials 2.3

Source: AltaVista Research, LLC

Country Breakdown As of 08/31/22

Country Weight (%)
United States 42.3
China 22.4
Britain 11.0
Australia 10.2
Japan 7.1
Brazil 2.0
Canada 1.7
Norway 1.6
South Korea 1.1
Ireland 0.8

Source: AltaVista Research, LLC

ETF Characteristics As of 09/26/22

Return on Equity 7.80%
Weighted Avg. Market Cap 3,935 M
2021 2022
Price-to-earnings -42.87 27.51
Price-to-book value 2.22 2.09

Source: AltaVista Research, LLC

ETF Risk Stats As of 08/31/22

Versus Beta
S&P 500 0.71
MSCI EAFE 0.73
MSCI Emg. Mkts 1.12
Standard Deviation 25.00%

Source: AltaVista Research, LLC

ETF Research

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Investing involves risk, including the possible loss of principal. The investable universe of companies in which EDUT may invest may be limited. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Education companies may be affected by changes in demographics and consumer demands, and government regulations, programs and policies. EDUT may invest in companies that invest in real estate, such as REITs, which exposes investors in the Fund to the risks of owning real estate directly, as well as to risks that relate specifically to the way in which real estate companies are organized and operated. EDUT is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx.

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