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ETFs

Global X FTSE Southeast Asia ETF

ASEA
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Feb 16 2011
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$605,770
AUM
$42,829,060
Associated Index
FTSE/ASEAN 40 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

DEVL
DBS Group Holdings Ltd
10.89%
BBCA
Bank Central Asia Tbk PT
8.07%
OCBA
Oversea-Chinese Banking Corporation Limited
8.01%
UOB
United Overseas Bank Limited
6.22%
BBRI
Bank Rakyat Indonesia (Persero) Tbk PT
6.02%
BMRI
Bank Mandiri (Persero) Tbk PT
4.26%
1155
Malayan Banking Bhd
3.44%
SIT4
Singapore Telecommunications Limited
3.32%
PTT-R
PTT Public Company Limited - NVDR
3.27%
1295
Public Bank Bhd
3.13%
Invest with ASEA

What is ASEA?

The Global X FTSE Andean 40 ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of the FTSE Andean 40 Index. The FTSE/ASEAN 40 Index tracks the performance of the 40 largest companies in the five ASEAN regions: Indonesia, Philippines, Singapore, Malaysia and Thailand. The index is freefloat adjusted and weighted by market capitalization and designed using eligible stocks within the FTSE All-World universe.

ETFs related toASEA

ETFs correlated to ASEA include EELV, EWS, BBAX

ASEA
Global X Funds - Global X FTSE Southeast Asia ETF
EELV
Invesco Capital Management LLC - Invesco S&P Emerging Markets Low Volatility ETF
EWS
BlackRock Institutional Trust Company N.A. - iShares MSCI Singapore ETF
BBAX
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF
EPP
BlackRock Institutional Trust Company N.A. - iShares MSCI Pacific ex Japan ETF
VPL
Vanguard Group, Inc. - Vanguard FTSE Pacific ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toASEA

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DGE

Diversify with Global Exposure

Category

Momentum, Tactical Asset Allocation, Go Global, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ASEA using Composer

FAQ

ASEA is a Global Ex. US Equities ETF. The Global X FTSE Andean 40 ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of the FTSE Andean 40 Index. The FTSE/ASEAN 40 Index tracks the performance of the 40 largest companies in the five ASEAN regions: Indonesia, Philippines, Singapore, Malaysia and Thailand. The index is freefloat adjusted and weighted by market capitalization and designed using eligible stocks within the FTSE All-World universe.

ASEA tracks the FTSE/ASEAN 40 Index.

No, ASEA is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ASEA is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ASEA is -0.0198%. This is the percent change in the value of ASEA over the most recent 1-month period. The 3-month return on ASEA is 0.0053%. This is the percent change in the value of ASEA over the most recent 3-month period.

The standard deviation of ASEA for the past year is 0.1313%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ASEA include EZU, VEA, and EFA.

ETFs correlated to ASEA include EELV, EWS, and BBAX.

ETFs that are inversely correlated to ASEA include EDZ, EFZ, and EPV.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.