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 03/05/21

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 $28,517,154
Net Asset Value (NAV) $26.90
Shares Outstanding 1,060,000
Total Expense Ratio 0.51%

Distributions

30-Day SEC Yield 1.25%
Distribution Frequency Semi-Annually

Fund Prices As of 03/05/21

NAV $26.90 Daily Change -$0.57 -2.09%
Market Price $27.21 Daily Change $0.09 0.35%
30-Day Median Bid-Ask Spread 1.42%

Performance History

As of recent
(12/31/20)
As of recent
(12/31/20)
Fund NAV Market Price Index
1 Year 26.53% 26.04% 26.47%
3 Years 9.07% 8.99% 10.08%
5 Years 8.04% 8.07% 8.50%
10 Years 6.35% 6.26% 6.51%
Since Inception 8.67% 8.62% 8.86%
1 Year 36.36% 34.81% 36.34%
3 Years 8.63% 8.81% 9.61%
5 Years 9.77% 9.85% 10.22%
10 Years 5.92% 5.90% 6.10%
Since Inception 8.58% 8.58% 8.78%
Year-to-Date 26.53% 26.04% 26.47%
1 Month 3.61% 3.39% 3.66%
3 Months 12.84% 11.74% 12.96%
Since Inception 157.51% 156.01% 162.91%
Year-to-Date 0.40% 0.99% 0.43%
1 Month 0.18% 0.92% 0.17%
3 Months 4.02% 4.42% 4.10%
Since Inception 158.55% 158.55% 164.04%

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 03/05/21

Return on Equity 5.00%
Weighted Avg. Market Cap 54,405 M
2020 2021
Price-to-earnings 22.06 18.88
Price-to-book value 0.96 0.94

Source: AltaVista Research, LLC

Fund Risk Stats As of 03/05/21

Versus Beta
S&P 500 0.80
MSCI EAFE 0.86
MSCI Emg. Mkts 0.70
Standard Deviation 17.10%

Source: AltaVista Research, LLC

Sector Breakdown As of 02/28/21

% of Net Assets
Industrials 30.5
Financials 19.6
Health Care 19.4
Information Technology 10.1
Energy 5.7
Utilities 5.2
Consumer Staples 4.3
Consumer Discretionary 2.6
Communication Services 2.6

Source: AltaVista Research, LLC

Country Breakdown As of 02/28/21

% of Net Assets
Sweden 39.6
Denmark 36.2
Finland 18.1
Norway 6.1

Source: AltaVista Research, LLC

Top Holdings As of 03/05/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
14.06 NOVOB DC NOVO NORDISK A/S-B BHC8X90 68.40 58,630 4,010,164.87
4.79 VOLVB SS VOLVO AB-B SHS B1QH830 26.27 51,955 1,364,637.46
4.54 ERICB SS ERICSSON LM-B SHS 5959378 11.92 108,627 1,295,047.10
4.53 DSV DC DSV PANALPINA A/S B1WT5G2 176.96 7,300 1,291,807.79
4.45 ATCOA SS ATLAS COPCO AB-A SHS BD97BN2 55.60 22,818 1,268,608.45
4.35 VWS DC VESTAS WIND SYSTEMS A/S 5964651 166.95 7,423 1,239,276.71
4.34 INVEB SS INVESTOR AB-B SHS 5679591 75.21 16,461 1,237,957.33
4.08 NDA FH NORDEA BANK ABP BFM0SV9 9.48 122,746 1,163,580.04
3.85 KNEBV FH KONE OYJ-B B09M9D2 76.77 14,294 1,097,286.22
3.68 SAND SS SANDVIK AB B1VQ252 26.90 39,006 1,049,165.45
3.45 ORSTED DC ORSTED A/S BYT16L4 144.13 6,834 984,986.43
3.14 NESTE FH NESTE OYJ B06YV46 59.47 15,066 896,029.58
3.10 ASSAB SS ASSA ABLOY AB-B BYPC1T4 26.65 33,191 884,601.46
2.77 SAMPO FH SAMPO OYJ-A SHS 5226038 43.23 18,301 791,147.20
2.74 NOKIA FH NOKIA OYJ 5902941 3.85 203,168 781,508.44
2.71 DNB NO DNB ASA 4263304 20.66 37,461 773,778.29
2.66 HEXAB SS HEXAGON AB-B SHS B1XFTL2 82.11 9,229 757,777.32
2.66 HMB SS HENNES & MAURITZ AB-B SHS 5687431 23.69 31,971 757,451.52
2.47 EQNR NO EQUINOR ASA 7133608 20.25 34,837 705,365.19
2.40 ESSITYB SS ESSITY AKTIEBOLAG-B BF1K7P7 31.11 21,967 683,380.65
2.35 SWEDA SS SWEDBANK AB - A SHARES 4846523 18.35 36,504 669,668.86
2.32 COLOB DC COLOPLAST-B B8FMRX8 137.24 4,812 660,418.46
2.28 GMAB DC GENMAB A/S 4595739 304.52 2,134 649,835.61
2.21 SEBA SS SEB AB-A 4813345 11.98 52,591 630,064.45
2.11 SHBA SS SVENSKA HAN-A BXDZ9Q1 11.07 54,245 600,250.62
2.02 CARLB DC CARLSBERG AS-B 4169219 158.77 3,628 576,008.58
1.60 MAERSKB DC AP MOLLER-MAERSK A/S-B 4253048 2,153.95 212 456,636.80
1.37 FORTUM FH FORTUM OYJ 5579550 24.74 15,745 389,452.96
1.34 TELIA SS TELIA CO AB 5978384 4.08 93,597 381,516.80
1.33 TEL NO TELENOR ASA 4732495 16.56 22,925 379,731.72
0.32 CASH 1.00 90,000 90,013.22
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.