GLOF

iShares Global Equity Factor ETF

$52.20
+0.00%
Market closed. Last update: 11:40 PM ET

📎 Investment Objective

The iShares Global Equity Factor ETF (GLOF) seeks to track the investment results of an index composed of global developed market equities that exhibit certain 'factor' characteristics, such as value, momentum, quality, and low volatility.

Overview

ETF tracking iShares Global Equity Factor ETF

Issuer BlackRock
Inception Date 2015-04-30
Market Cap $156.6M
Average Volume N/A
Dividend Yield 2.15%
52-Week Range $38.42 - $53.06
VWAP $52.04

Performance

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Investment Summary

📎 Investment Objective

The iShares Global Equity Factor ETF (GLOF) seeks to track the investment results of an index composed of global developed market equities that exhibit certain 'factor' characteristics, such as value, momentum, quality, and low volatility.

🎯 Investment Strategy

The ETF seeks to achieve its objective by investing in a portfolio of global developed market stocks that are selected and weighted based on various factor metrics. The goal is to provide exposure to a diversified basket of stocks that may outperform the broader global equity market over the long term.

✨ Key Features

  • Broad global equity exposure across developed markets
  • Utilizes a multi-factor investment approach to target stocks with attractive value, momentum, quality, and low volatility characteristics
  • Seeks to provide the potential for enhanced risk-adjusted returns compared to a traditional market-cap weighted global equity index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The value of the stocks held by the ETF may decline due to general market and economic conditions
  • Factor risk: The factor-based investment strategy may not always produce the expected results, and the factors may go in and out of favor
  • Currency risk: The ETF's global exposure means it is subject to fluctuations in foreign currency exchange rates
  • Concentration risk: The ETF may have a higher concentration in certain sectors or countries, which could increase its volatility

👤 Best For

The iShares Global Equity Factor ETF may be suitable for long-term investors seeking exposure to global developed market equities with the potential for enhanced risk-adjusted returns. It may be particularly appealing to investors who believe in the benefits of a multi-factor investment approach and are willing to accept the associated risks.