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 02/06/23

Inception Date 07/10/20
Total Expense Ratio 0.50%
Net Assets $3.73 million
NAV $24.37
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 02/06/23

Ticker EDUT
Bloomberg Index Ticker IEDUX
CUSIP 37960A719
ISIN US37960A7191
Primary Exchange Nasdaq
Shares Outstanding 153,181
Number of Holdings 31
30-Day Median Bid-Ask Spread 1.32%

Distributions As of 02/06/23

30-Day SEC Yield 0.16%
Distribution Frequency Semi-Annually

ETF Prices As of 02/06/23

NAV $24.37 Daily Change -$0.98 -3.87%
Market Price $24.33 Daily Change -$0.90 -3.57%

Performance History

As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -18.37% -17.95% -17.89%
Since Inception -25.34% -25.36% -24.95%
1 Year 2.81% 2.90% 3.38%
Since Inception -21.10% -21.26% -20.69%
Year-to-Date -18.37% -17.95% -17.89%
1 Month 0.02% -0.30% 0.03%
3 Months 20.95% 20.89% 21.07%
Since Inception -51.51% -51.54% -50.88%
Year-to-Date 12.40% 11.85% 12.43%
1 Month 12.40% 11.85% 12.43%
3 Months 26.17% 24.73% 26.34%
Since Inception -45.50% -45.79% -44.77%

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 02/06/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.58 1797 HK KOOLEARN TECHNOL BDFZ4G4 7.23 49,516 357,826.09
9.13 EDU NEW ORIENTAL-ADR BMCMBJ3 40.74 8,368 340,912.32
8.38 PSON LN PEARSON PLC 0677608 11.15 28,080 312,955.71
7.86 BAND BANDWIDTH INC-CLASS A BD3FZ18 26.50 11,079 293,593.50
7.81 IEL AU IDP EDUCATION LTD BDB6DD1 21.58 13,515 291,718.00
6.16 EGHT 8X8 INC 2037170 5.97 38,505 229,874.85
5.94 BFAM BRIGHT HORIZONS B7MJWP2 77.76 2,850 221,616.00
4.29 RNG RINGCENTRAL INC-CLASS A BDZCRX3 42.74 3,749 160,232.26
4.08 TAL TAL EDUCATION GROUP- ADR B4MGD82 6.17 24,713 152,479.21
4.00 DUOL DUOLINGO BMCM6P4 99.10 1,508 149,442.80
3.51 CHGG CHEGG INC BG6N6K6 21.03 6,230 131,016.90
3.19 ZM ZOOM VIDEO COM-A BGSP7M9 77.07 1,544 118,996.08
3.06 COUR COURSERA INC BNSNZL7 15.93 7,177 114,329.61
2.92 WLY WILEY JOHN&SON-A 2965668 47.43 2,299 109,041.57
2.38 UDMY UDEMY INC BPBLNG3 12.80 6,930 88,704.00
2.35 LRN STRIDE INC BLD5321 41.73 2,105 87,841.65
2.00 667 HK CHINA EAST EDUCA BJGSS62 0.70 106,892 74,656.76
1.95 9783 JP BENESSE HOLDINGS INC 6121927 14.65 4,958 72,657.13
1.94 SCHL SCHOLASTIC CORP 2779234 44.88 1,612 72,346.56
1.71 DCBO CN DOCEBO INC BK5MWP9 39.62 1,607 63,668.51
1.21 6200 JP INSOURCE CO LTD BD1JSR9 10.92 4,142 45,235.90
1.14 KAHOT NO KAHOOT! ASA BZ17B89 1.79 23,783 42,601.09
1.08 TWOU 2U INC BKWBZZ0 10.66 3,794 40,444.04
0.89 215200 KS MEGASTUDYEDU CO LTD BWB95X7 56.99 581 33,113.87
0.69 YDUQ3 BZ YDUQS PARTICIPACOES SA BJGV3C2 1.72 14,965 25,727.22
0.64 GOTU GAOTU TECHEDU INC BK1VBN1 3.33 7,177 23,899.41
0.55 4714 JP RISO KYOIKU CO LTD 6187491 2.67 7,657 20,459.39
0.48 ARCE ARCO PLATFORM-A BGQT8T7 12.35 1,461 18,043.35
0.45 SKIL SKILLSOFT CORP BMG0YD8 2.05 8,149 16,705.45
0.36 NRDY NERDY INC BNZJTJ4 2.95 4,517 13,325.15
0.24 3678 JP MEDIA DO CO LTD BFTRL36 12.16 740 9,000.75
0.03 CASH 1.00 1,062 1,061.68
0.00 KOREAN WON 0.00 -2 0.00
0.00 JAPANESE YEN 0.01 -1 -0.01
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 12/31/22

Sector Weight (%)
Consumer Discretionary 55.3
Communication Services 23.8
Information Technology 19.1
Industrials 1.8

Source: AltaVista Research, LLC

Country Breakdown As of 12/31/22

Country Weight (%)
United States 45.4
China 27.0
Britain 9.5
Australia 7.5
Japan 4.7
Canada 1.6
Brazil 1.5
Norway 1.4
South Korea 1.1
Ireland 0.3

Source: AltaVista Research, LLC

ETF Characteristics As of 02/06/23

Return on Equity 9.30%
Weighted Avg. Market Cap 4,884 M
2022 2023
Price-to-earnings 33.87 24.62
Price-to-book value 2.38 2.21

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/31/23

Versus Beta
S&P 500 -0.66
MSCI EAFE 0.75
MSCI Emg. Mkts 0.58
Standard Deviation 130.10%

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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