GURU May 2017 Rebalance Report

On May 25th, the Global X Guru Index ETF (GURU) underwent its quarterly rebalance. The May 2017 GURU Report can be found here.

Notable observations from this rebalance period include the following:

  • GURU’s index, the Solactive Guru Index, outperformed the S&P 500, GURU’s broad-market benchmark, over this rebalance period by 1.69% (169 bps).1
  • Strong stock selections within Consumer Staples and Consumer Discretionary drove the majority of the outperformance.
  • The net addition of two more Materials companies has increased the overweight to the sector to nearly 6% more than the S&P 500 as hedge funds may be predicting a commodities rally.

For Fund performance, please click on the fund ticker: GURU