GURU May 2018 Rebalance Report

On May 25th, the Global X GURU Index ETF (GURU) underwent its quarterly rebalance.  The May 2018 GURU Report can be found here.

Notable observations from this rebalance period include the following:

  • GURU’s index, the Solactive Guru Index, has outperformed the S&P 500, GURU’s broad-market benchmark by 2.55% (255 bps) between the end of May last year through the end of May in 2018. GURU was supported by strong selections in the Tech sector.
  • GURU had 5 net deletions from the Consumer Discretionary sector, mostly within the Auto Parts and Media segments.
  • GURU’s Consumer Discretionary overweight relative to the S&P 500 fell to 5% and its Tech underweight relative to the S&P 500 increased slightly to 7%.

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