Global X Interest Etf Profile
| RATE Etf | 21.79 0.04 0.18% |
Performance9 of 100
| Odds Of DistressLess than 17
|
Global X is trading at 21.79 as of the 20th of April 2024, a -0.18 percent decrease since the beginning of the trading day. The etf's lowest day price was 21.72. Global X has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Global X Interest are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of January 2024 and ending today, the 20th of April 2024. Click here to learn more.
Bankrate, Inc. operates as a publisher, aggregator, and distributor of personal finance content on the Internet. The company has 88.91 M outstanding shares of which 2.05 M shares are at this time shorted by private and institutional investors with about 3.26 trading days to cover. More on Global X Interest
Moving together with Global Etf
| 0.76 | RISR | FolioBeyond Rising Rates | PairCorr |
| 0.74 | RINF | ProShares Inflation | PairCorr |
Moving against Global Etf
| 0.76 | BND | Vanguard Total Bond | PairCorr |
| 0.63 | GLDB | Strategy Shares Gold Symbol Change | PairCorr |
| 0.62 | SSFI | Strategy Shares | PairCorr |
| 0.52 | OBND | SSGA Active Trust | PairCorr |
| 0.43 | UCON | First Trust TCW | PairCorr |
Global Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Global X's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global X or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Kenneth Esterow |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Nontraditional Bond, null, Business Services (View all Sectors) |
| Issuer | Global X |
| Inception Date | 2022-07-05 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.19 Million |
| Asset Type | Multi Asset |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Global X Management Company LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang, William Helm, Sandy Lu |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 30-Nov |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | Jane Street |
| Total Expense | 0.45 |
| Management Fee | 0.45 |
| 200 Day M A | 24.0903 |
| Country Name | USA |
| 50 Day M A | 19.7588 |
| Code | RATE |
| Updated At | 19th of April 2024 |
| Returns Y T D | 19.53 |
| Name | Global X Interest Rate Hedge ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG0186FZ7N2 |
| Type | ETF |
| 1y Volatility | 24.59 |
Global X Interest [RATE] is traded in USA and was established null. The fund is listed under Nontraditional Bond category and is part of null family. The entity is thematically classified as Strategy ETFs. Global X Interest at this time have in assets. , while the total return for the last year was -4.5%.
Global X Interest currently holds about 188.62 M in cash with 92.54 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12.
Check Global X Probability Of Bankruptcy
Global X Top Holders
| CSML | IQ Chaikin Small | Etf | Small Value |
| PBS | Invesco | Etf | Consumer Cyclical |
Global X Interest Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Global X market risk premium is the additional return an investor will receive from holding Global X long position in a well-diversified portfolio. 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. Although Global X's alpha and beta are two of the key measurements used to evaluate Global X's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0822 | |||
| Jensen Alpha | 0.2261 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0972 |
Global X Against Markets
Picking the right benchmark for Global X etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Global X etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Global X is critical whether you are bullish or bearish towards Global X Interest at a given time. Please also check how Global X's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Global X without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Sectors Now
SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
| All Next | Launch Module |
How to buy Global Etf?
Before investing in Global X, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Global X. To buy Global X etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Global X. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Global X etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Global X Interest etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Global X Interest etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Global X Interest, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Global Etf please use our How to Invest in Global X guide.
Already Invested in Global X Interest?
The danger of trading Global X Interest is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Global X is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Global X. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Global X Interest is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Global X Interest 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Global X Interest. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Global X Interest 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.