The Global X Guru® Index ETF (GURU) seeks to generate alpha over the broad market by investing in highest conviction ideas from a select pool of hedge funds.
The Global X Guru® Index ETF (GURU) seeks to generate alpha over the broad market by investing in highest conviction ideas from a select pool of hedge funds.
The Global X Guru® Index ETF (GURU) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Guru Index.
GURU allows everyday investors to access the high conviction investments of some of the largest, most sophisticated hedge funds in the world.
By investing alongside hedge funds, GURU seeks to benefit from their top tier research and knowledge to outperform US equity benchmarks such as the S&P 500.
Traditionally, investing with a hedge fund requires paying an ongoing 2% management fee and 20% of profits. GURU has an expense ratio of 0.75%, potentially allowing for greater cost efficiency, while providing access to hedge fund ideas.
| Ticker | GURU |
| Inception Date | 06/04/12 |
| CUSIP | 37950E341 |
| ISIN | US37950E3412 |
| Bloomberg Index Ticker | GURU |
| Primary Exchange | NYSE Arca |
| Number of Holdings | 53 |
| Net Assets | $59,071,065 |
| NAV | $39.38 |
| Shares Outstanding | 1,500,000 |
| Total Expense Ratio | 0.75% |
| 30-Day SEC Yield | 0.35% |
| Distribution Frequency | Semi-Annually |
Cumulative %Data as of month-end (09/30/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| Year-to-Date | 6.10% | 6.10% | 6.09% |
| 1 Month | -0.89% | -0.84% | -0.85% |
| 3 Months | 11.21% | 11.41% | 11.33% |
| 6 Months | 40.93% | 40.79% | 41.30% |
| Since Inception | 179.27% | 179.19% | 187.78% |
Avg Annualized %Data as of month-end (09/30/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 15.30% | 15.44% | 15.34% |
| 3 Years | 11.15% | 11.18% | 11.38% |
| 5 Years | 10.93% | 10.94% | 11.18% |
| Since Inception | 13.13% | 13.13% | 13.53% |
Avg Annualized %Data as of quarter-end (09/30/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 15.30% | 15.44% | 15.34% |
| 3 Years | 11.15% | 11.18% | 11.38% |
| 5 Years | 10.93% | 10.94% | 11.18% |
| Since Inception | 13.13% | 13.13% | 13.53% |
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 | 6.50% | |
| Weighted Avg. Market Cap | 102,389 M | |
| 2019 | 2020 | |
| Price-to-earnings | 19.78 | 51.59 |
| Price-to-book value | 3.42 | 3.30 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 1.15 |
| MSCI EAFE | 1.18 |
| MSCI Emg. Mkts | 0.84 |
| Standard Deviation | 21.00% |
Source: AltaVista Research, LLC
| % of Net Assets | ||
|---|---|---|
| Information Technology | 21.2 | |
| Consumer Discretionary | 14.9 | |
| Health Care | 14.4 | |
| Communication Services | 11.7 | |
| Industrials | 7.7 | |
| Consumer Staples | 7.6 | |
| Utilities | 5.4 | |
| Real Estate | 5.4 | |
| Financials | 5.1 | |
| Materials | 3.6 | |
| Energy | 3.1 | |
Source: AltaVista Research, LLC
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 3.75 | IMMU | IMMUNOMEDICS INC | 2457961 | 87.86 | 25,176 | 2,211,963.36 |
| 2.30 | UBER | UBER TECHNOLOGIES INC | BK6N347 | 36.70 | 37,030 | 1,359,001.00 |
| 2.30 | ZEN | ZENDESK INC | BMH0MR7 | 108.76 | 12,487 | 1,358,086.12 |
| 2.24 | JD | JD.COM INC-ADR | BMM27D9 | 81.31 | 16,299 | 1,325,271.69 |
| 2.24 | Z | ZILLOW GROUP INC - C | BYXJF62 | 96.78 | 13,682 | 1,324,143.96 |
| 2.23 | FOLD | AMICUS THERAPEUTICS INC | B19FQ48 | 18.02 | 73,215 | 1,319,334.30 |
| 2.22 | DAL | DELTA AIR LINES INC | B1W9D46 | 33.72 | 38,956 | 1,313,596.32 |
| 2.20 | BABA | ALIBABA GRP-ADR | BP41ZD1 | 306.28 | 4,248 | 1,301,077.44 |
| 2.19 | TWLO | TWILIO INC - A | BD6P5Q0 | 294.03 | 4,405 | 1,295,202.15 |
| 2.15 | ALXN | ALEXION PHARM | 2036070 | 119.67 | 10,624 | 1,271,374.08 |
| Holdings are subject to change. | ||||||
Investing involves risk, including the possible loss of principal. The 13F filings used to select the securities in GURU’s Underlying Index are filed by each hedge fund approximately 45 days after the end of each calendar quarter. Therefore a given hedge fund may have already sold its position by the time of the 13F filing. The Fund invests in small and mid-capitalization companies, which have greater volatility and less financial resources than large-capitalization companies. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations.
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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