CATH


S&P 500 Catholic Values ETF

Fund Summary

The Global X S&P 500 Catholic Values ETF (CATH) provides exposure to the companies within the S&P 500 whose business practices adhere to the Socially Responsible Investment Guidelines as outlined by the United States Conference of Catholic Bishops (USCCB) and excludes those that do not.

Morningstar Rating Overall rating out of 1,229 Large Blend funds, based on risk-adjusted returns as of 09/30/2020

Fund Objective

The Global X S&P 500 Catholic Values ETF (CATH) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Catholic Values Index.

Why CATH?

Invest in Values

CATH excludes companies involved in activities perceived to be inconsistent with Catholic values as set out by the U.S. Conference of Catholic Bishops, including screens for weaponry and child labor.

Minimize Tracking Error

By providing exposure only to companies engaged in activities consistent with Catholic beliefs (through the S&P 500 Catholic Values Index), CATH seeks to minimize tracking error by matching the sector weightings of the broader S&P 500.

ETF Efficiency

CATH allows investors to buy and sell a broad basket of U.S. equities that conform with Catholic guidelines, with the tax efficiency of an ETF.

Fund Details As of 10/16/20

Key Facts

Ticker CATH
Inception Date 04/18/16
CUSIP 37954Y889
ISIN US37954Y8892
Bloomberg Index Ticker SPXCVUT
Primary Exchange Nasdaq
Number of Holdings 455

Stats & Fees

Net Assets $398,069,121
NAV $43.03
Shares Outstanding 9,250,000
Total Expense Ratio 0.29%

Distributions

30-Day SEC Yield 1.41%
Distribution Frequency Semi-Annually

Fund Prices As of 10/16/20

NAV Price 30-Day Median Bid-Ask Spread
Net Asset Value $43.03 Market Price $43.17 0.12%
Daily Change -$0.03 -0.08% Daily Change $0.03 0.06%  

Performance History

Cumulative %

Data as of month-end (09/30/20)

Fund NAV Market Price Index
Year-to-Date 5.72% 5.62% 5.99%
1 Month -3.90% -3.86% -3.88%
3 Months 8.54% 8.43% 8.63%
6 Months 31.49% 31.40% 31.68%
Since Inception 74.82% 74.68% 77.26%

Avg Annualized %

Data as of month-end (09/30/20)

Fund NAV Market Price Index
1 Year 15.40% 15.28% 15.82%
3 Years 12.06% 12.02% 12.41%
Since Inception 13.37% 13.35% 13.71%

Avg Annualized %

Data as of quarter-end (09/30/20)

Fund NAV Market Price Index
1 Year 15.40% 15.28% 15.82%
3 Years 12.06% 12.02% 12.41%
Since Inception 13.37% 13.35% 13.71%

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.

Fund Characteristics As of 10/16/20

Return on Equity 13.60%
Weighted Avg. Market Cap 451,809 M
2019 2020
Price-to-earnings 21.71 26.80
Price-to-book value 3.79 3.50

Source: AltaVista Research, LLC

Fund Risk Stats As of 10/16/20

Versus Beta
S&P 500 0.99
MSCI EAFE 1.01
MSCI Emg. Mkts 0.72
Standard Deviation 17.70%

Source: AltaVista Research, LLC

Sector Breakdown As of 09/30/20

% of Net Assets
Information Technology 28.2
Health Care 13.7
Consumer Discretionary 11.6
Communication Services 10.8
Financials 9.8
Industrials 8.5
Consumer Staples 6.9
Utilities 3.0
Materials 2.7
Real Estate 2.6
Energy 2.1
Other/Cash 0.1

Source: AltaVista Research, LLC

Top 10 Holdings As of 10/16/20

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.63 AAPL APPLE INC 2046251 119.02 221,612 26,376,260.24
5.76 MSFT MICROSOFT CORP 2588173 219.66 104,291 22,908,561.06
4.84 AMZN AMAZON.COM INC 2000019 3,272.71 5,888 19,269,716.48
2.20 FB FACEBOOK INC-CLASS A B7TL820 265.93 32,935 8,758,404.55
1.62 GOOGL ALPHABET INC-CL A BYVY8G0 1,567.70 4,109 6,441,679.30
1.59 GOOG ALPHABET INC-CL C BYY88Y7 1,573.01 4,013 6,312,489.13
1.45 BRK/B BERKSHIRE HATH-B 2073390 211.91 27,277 5,780,269.07
1.33 KO COCA-COLA CO/THE 2206657 50.03 105,858 5,296,075.74
1.28 MDT MEDTRONIC PLC BTN1Y11 110.13 46,225 5,090,759.25
1.17 NVDA NVIDIA CORP 2379504 552.46 8,435 4,660,000.10
Holdings are subject to change.

© 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Ratingfor funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 9/30, CATH was rated against the following number of Large Blend funds over the following time periods: 1,229 during the last 3 years. With respect to these Large Blend funds, CATH received a Morningstar Rating of 4 stars. Past performance is not indicative of future results.

Investing involves risk, including the possible loss of principal. CATH’s consideration of the Guidelines in its investment process may result in choices not to purchase, or sell, otherwise profitable investments in companies that have been identified as being in conflict with the Guidelines. This means that the Fund may underperform other similar funds that do not consider the Guidelines when making investment decisions.

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.

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 Standard & Poors, nor does Standard & Poors 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 Standard & Poors.

CATH is not authorized or sponsored by the Roman Catholic Church and the United States Conference of Catholic Bishops has not endorsed Global X, its investment management activities and/or the Fund.