GURU

Global X Guru Index ETF

$61.09
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Global X Guru Index ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Guru Index.

Overview

ETF tracking Global X Guru Index ETF

Issuer Other
Inception Date 2012-06-05
Market Cap $56.2M
Average Volume N/A
Dividend Yield 0.15%
52-Week Range $42.75 - $62.17
VWAP $61.22

Performance

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Investment Summary

📎 Investment Objective

The Global X Guru Index ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Guru Index.

🎯 Investment Strategy

The ETF invests in a portfolio of securities that seeks to track the Solactive Guru Index, which is designed to provide exposure to the top U.S. listed equity securities that are favored by a select group of 'gurus' based on their 13F filings.

✨ Key Features

  • Provides exposure to a portfolio of U.S. equities selected by a group of high-profile investors and money managers
  • Seeks to track the Solactive Guru Index, which is rebalanced quarterly
  • Low expense ratio of 0.00%
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a select group of securities
  • Potential for higher volatility compared to broader market indexes
  • Limited performance history makes it difficult to evaluate long-term returns
  • Liquidity risk due to the fund's small asset size

👤 Best For

This ETF may be suitable for investors seeking exposure to a portfolio of U.S. equities selected by prominent investors, with the understanding that it carries higher risk and volatility compared to broader market indexes. It is best suited for investors with a higher risk tolerance and a longer-term investment horizon.