GURU


Guru Index ETF

Fund Summary

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.

Fund Objective

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.

Why GURU?

Access Ideas

GURU allows everyday investors to access the high conviction investments of some of the largest, most sophisticated hedge funds in the world.

Alpha Potential

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.

Cost Efficiency

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.

Fund Details As of 10/22/20

Key Facts

Ticker GURU
Inception Date 06/04/12
CUSIP 37950E341
ISIN US37950E3412
Bloomberg Index Ticker GURU
Primary Exchange NYSE Arca
Number of Holdings 53

Stats & Fees

Net Assets $59,071,065
NAV $39.38
Shares Outstanding 1,500,000
Total Expense Ratio 0.75%

Distributions

30-Day SEC Yield 0.35%
Distribution Frequency Semi-Annually

Fund Prices As of 10/22/20

NAV Price 30-Day Median Bid-Ask Spread
Net Asset Value $39.38 Market Price $39.36 0.52%
Daily Change $0.07 0.17% Daily Change $0.02 0.06%  

Performance History

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.

Fund Characteristics As of 10/22/20

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

Fund Risk Stats As of 10/22/20

Versus Beta
S&P 500 1.15
MSCI EAFE 1.18
MSCI Emg. Mkts 0.84
Standard Deviation 21.00%

Source: AltaVista Research, LLC

Sector Breakdown As of 09/30/20

% 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

Top 10 Holdings As of 10/22/20

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.