Global X is trading at 58.20 as of the 7th of June 2025, a 0.34 percent down since the beginning of the trading day. The etf's lowest day price was 57.85. Global X has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. The performance scores are derived for the period starting the 8th of May 2025 and ending today, the 7th of June 2025. Click here to learn more.
The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace Defense IndexTM before fees and expenses. Victoryshares Protect is listed under Diversified Wholesale And Retail in the United States and is traded on NYSEArca Exchange exchange.. The company has 108.99 M outstanding shares of which 20.31 M shares are at this time shorted by private and institutional investors with about 6.5 trading days to cover. More on Global X Funds
Global X Funds [SHLD] is traded in USA and was established 2020-11-04. The fund is listed under Industrials category and is part of Victory Capital family. The entity is thematically classified as Industrials ETFs. Global X Funds at this time have 3.33 M in assets. , while the total return for the last year was 72.8%.
Global X Funds currently holds about 193 M in cash with (1.74 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -13.7278.
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Geographic Allocation (%)
Global X Funds Currency Exposure
Global X Funds holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Global X will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Global X Funds.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Global X Funds is a strong investment it is important to analyze Global X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global X's future performance. For an informed investment choice regarding Global Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Global X Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Global X Funds is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.