GXF


FTSE Nordic Region ETF

Fund Summary

The Global X FTSE Nordic Region ETF (GXF) provides investors with broad exposure to the Nordic region, comprised of Finland, Sweden, Norway, and Denmark.

Fund Objective

The Global X FTSE Nordic Region ETF (GXF) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Nordic 30 Index.

Why GXF?

Efficient Access

Efficient access to a broad basket of Nordic securities.

Targeted Exposure

The fund targets exposure to a specific region.

Fund Details As of 09/15/21

Key Facts

Ticker GXF
Inception Date 08/17/09
CUSIP 37950E101
ISIN US37950E1010
Bloomberg Index Ticker N30WMN
Primary Exchange NYSE Arca
Number of Holdings 30

Stats & Fees

Net Assets $43,745,051
Net Asset Value (NAV) $32.40
Shares Outstanding 1,350,000
Total Expense Ratio 0.51%

Distributions

30-Day SEC Yield 1.22%
Distribution Frequency Semi-Annually

Fund Prices As of 09/15/21

NAV $32.40 Daily Change -$0.17 -0.52%
Market Price $32.54 Daily Change -$0.06 -0.18%
30-Day Median Bid-Ask Spread 0.52%

Performance History

As of recent
(06/30/21)
As of recent
(06/30/21)
Fund NAV Market Price Index
1 Year 44.93% 44.77% 45.42%
3 Years 15.02% 15.40% 16.12%
5 Years 11.74% 11.68% 12.44%
10 Years 7.28% 7.25% 7.46%
Since Inception 9.37% 9.40% 9.57%
1 Year 32.70% 33.02% 35.05%
3 Years 15.81% 16.11% 17.46%
5 Years 12.89% 12.98% 13.87%
10 Years 9.65% 9.70% 9.98%
Since Inception 9.80% 9.83% 10.12%
Year-to-Date 12.47% 13.51% 12.62%
1 Month -1.12% -1.34% -0.69%
3 Months 9.01% 8.80% 9.09%
Since Inception 189.63% 190.61% 196.09%
Year-to-Date 19.62% 20.75% 21.52%
1 Month 2.07% 2.33% 3.57%
3 Months 5.16% 4.95% 7.15%
Since Inception 208.03% 209.12% 219.49%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 08/19/21

Return on Equity 7.90%
Weighted Avg. Market Cap 70,443 M
2020 2021
Price-to-earnings 26.41 20.91
Price-to-book value 1.69 1.62

Source: AltaVista Research, LLC

Fund Risk Stats As of 08/19/21

Versus Beta
S&P 500 0.80
MSCI EAFE 0.87
MSCI Emg. Mkts 0.65
Standard Deviation 17.20%

Source: AltaVista Research, LLC

Sector Breakdown As of 08/31/21

% of Net Assets
Industrials 28.9
Health Care 22.7
Financials 19.0
Information Technology 10.6
Energy 4.8
Consumer Discretionary 4.6
Utilities 4.5
Consumer Staples 3.8
Communication Services 1.2

Source: AltaVista Research, LLC

Country Breakdown As of 08/31/21

% of Net Assets
Denmark 38.7
Sweden 37.4
Finland 18.2
Norway 5.7

Source: AltaVista Research, LLC

Top Holdings As of 09/15/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
17.31 NOVOB DC NOVO NORDISK A/S-B BHC8X90 101.15 74,843 7,570,304.56
5.42 DSV DC DSV PANALPINA A/S B1WT5G2 260.90 9,089 2,371,313.56
4.64 ATCOA SS ATLAS COPCO AB-A SHS BD97BN2 69.56 29,200 2,031,020.07
4.64 NDA FH NORDEA BANK ABP BFM0SV9 12.35 164,332 2,030,017.80
4.51 INVEB SS INVESTOR AB-B SHS BMV7PQ4 23.44 84,243 1,974,310.99
4.28 VWS DC VESTAS WIND SYSTEMS A/S BN4MYF5 40.12 46,614 1,869,983.25
3.71 ERICB SS ERICSSON LM-B SHS 5959378 11.66 139,112 1,622,076.96
3.55 VOLVB SS VOLVO AB-B SHS B1QH830 22.20 69,993 1,553,903.46
3.37 NOKIA FH NOKIA OYJ 5902941 5.66 260,465 1,473,639.00
3.26 HEXAB SS HEXAGON AB-B SHS BNZFHC1 17.33 82,382 1,427,726.00
3.17 KNEBV FH KONE OYJ-B B09M9D2 76.16 18,202 1,386,286.35
3.07 ASSAB SS ASSA ABLOY AB-B BYPC1T4 31.65 42,355 1,340,627.91
2.88 SAND SS SANDVIK AB B1VQ252 25.19 49,936 1,257,943.77
2.81 ORSTED DC ORSTED A/S BYT16L4 141.23 8,711 1,230,286.66
2.77 NESTE FH NESTE OYJ B06YV46 63.07 19,216 1,211,873.02
2.76 SAMPO FH SAMPO OYJ-A SHS 5226038 51.79 23,342 1,208,895.45
2.75 EVO SS EVOLUTION AB BJXSCH4 163.23 7,360 1,201,366.39
2.68 GMAB DC GENMAB A/S 4595739 429.45 2,730 1,172,411.27
2.47 EQNR NO EQUINOR ASA 7133608 24.34 44,356 1,079,723.69
2.44 COLOB DC COLOPLAST-B B8FMRX8 173.80 6,145 1,068,003.48
2.35 DNB NO DNB BANK ASA BNG7113 21.69 47,368 1,027,225.92
2.15 SEBA SS SEB AB-A 4813345 14.14 66,455 939,730.10
2.02 ESSITYB SS ESSITY AKTIEBOLAG-B BF1K7P7 31.36 28,159 883,083.47
1.92 MAERSKB DC AP MOLLER-MAERSK A/S-B 4253048 3,165.28 265 838,799.53
1.84 HMB SS HENNES & MAURITZ AB-B SHS 5687431 19.78 40,638 803,617.64
1.72 SHBA SS SVENSKA HAN-A BXDZ9Q1 10.99 68,496 752,985.08
1.65 CARLB DC CARLSBERG AS-B 4169219 159.26 4,539 722,869.49
1.45 FORTUM FH FORTUM OYJ 5579550 31.90 19,899 634,764.22
1.16 TEL NO TELENOR ASA 4732495 17.24 29,389 506,544.56
1.11 EQT SS EQT AB BJ7W9K4 46.08 10,544 485,854.42
0.16 CASH 1.00 67,849 67,863.11
Holdings are subject to change.


Investing involves risk, including the possible loss of principal. 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. Narrowly focused investments may be subject to higher volatility. GXF 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 FTSE, nor does FTSE 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 FTSE.