The Global X Telemedicine & Digital Health ETF (EDOC) seeks to invest in companies positioned to benefit from further advances in the field of telemedicine and digital health. This includes companies involved in Telemedicine, Health Care Analytics, Connected Health Care Devices, and Administrative Digitization.
The Global X Telemedicine & Digital Health ETF (EDOC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Telemedicine & Digital Health Index.
EDOC enables investors to access high growth potential through companies at the leading edge of a structural trend affecting the global health care industry.
EDOC's composition transcends classic sector, industry, and geographic classifications by tracking an emerging theme.
In a single trade, EDOC delivers access to dozens of companies with high exposure to the telemedicine & digital health theme.
| Ticker | EDOC |
| Inception Date | 07/29/20 |
| CUSIP | 37954Y285 |
| ISIN | US37954Y2853 |
| Bloomberg Index Ticker | SOLEDOC |
| Primary Exchange | Nasdaq |
| Number of Holdings | 40 |
| Net Assets | $743,284,873 |
| Net Asset Value (NAV) | $21.77 |
| Shares Outstanding | 34,150,000 |
| Total Expense Ratio | 0.68% |
| 30-Day SEC Yield | -0.37% |
| Distribution Frequency | Semi-Annually |
Cumulative %Data as of month-end (12/31/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| Year-to-Date | -- | -- | -- |
| 1 Month | 4.76% | 4.65% | 4.81% |
| 3 Months | 15.01% | 14.53% | 15.21% |
| 6 Months | -- | -- | -- |
| Since Inception | 26.63% | 26.63% | 26.91% |
Cumulative %Data as of quarter-end (12/31/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| Since Inception | 26.63% | 26.63% | 26.91% |
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.
| Return on Equity | 13.90% | |
| Weighted Avg. Market Cap | 16,300 M | |
| 2019 | 2020 | |
| Price-to-earnings | 105.80 | 86.90 |
| Price-to-book value | 12.91 | 11.37 |
Source: AltaVista Research, LLC
| % of Net Assets | ||
|---|---|---|
| Health Care | 60.2 | |
| Information Technology | 29.4 | |
| Communication Services | 4.8 | |
| Industrials | 3.2 | |
| Financials | 1.4 | |
| Materials | 1.0 | |
Source: AltaVista Research, LLC
| % of Net Assets | ||
|---|---|---|
| United States | 83.3 | |
| Japan | 4.8 | |
| Hong Kong | 3.7 | |
| China | 3.3 | |
| Germany | 2.0 | |
| Netherlands | 2.0 | |
| Australia | 0.9 | |
Source: AltaVista Research, LLC
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 4.62 | NUAN | NUANCE COMMUNICATIONS INC | 2402121 | 48.31 | 712,416 | 34,416,816.96 |
| 4.61 | 2413 JP | M3 INC | B02K2M3 | 101.80 | 336,893 | 34,296,343.66 |
| 4.38 | GH | GUARDANT HEALTH INC | BFXC911 | 157.30 | 207,179 | 32,589,256.70 |
| 4.21 | NEO | NEOGENOMICS INC | 2598246 | 56.91 | 550,402 | 31,323,377.82 |
| 4.18 | ILMN | ILLUMINA INC | 2613990 | 421.00 | 73,900 | 31,111,900.00 |
| 3.92 | 241 HK | ALIBABA HEALTH | BRXVS60 | 3.49 | 8,352,100 | 29,144,378.15 |
| 3.90 | PODD | INSULET CORP | B1XGNW4 | 288.91 | 100,568 | 29,055,100.88 |
| 3.90 | TDOC | TELADOC HEALTH INC | BYQRFY1 | 287.09 | 101,199 | 29,053,220.91 |
| 3.84 | CHNG | CHANGE HEALTHCARE INC | BK5CVS5 | 24.07 | 1,187,373 | 28,580,068.11 |
| 3.79 | A | AGILENT TECHNOLOGIES INC | 2520153 | 125.48 | 225,096 | 28,245,046.08 |
| Holdings are subject to change. | ||||||
Investing involves risk, including the possible loss of principal. The investable universe of
companies in which EDOC may invest may be limited. The Fund invests in securities of companies engaged in the Health Care and Information Technology sectors. These sectors can be affected by government regulations, rapid product obsolescence, intense industry competition and loss or impairment of patents or intellectual property rights. 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. EDOC 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.
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 Solactive AG, nor does Solactive AG 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 Solactive AG.
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