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ETFs

Global X Funds Global X Thematic Growth ETF

GXTG
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Oct 25 2019
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$174,603
AUM
$35,314,669
Associated Index
Solactive Thematic Growth Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

POTX
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VPN
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11.33%
RNRG
Global X Funds - Global X Renewable Energy Producers ETF
11.26%
HERO
Global X Funds - Global X Video Games & Esports ETF
11.22%
DMAT
Global X Funds - Global X Disruptive Materials ETF
11.19%
FINX
Global X Funds - Global X Funds Global X FinTech ETF
11.12%
LIT
Global X Funds - Global X Lithium & Battery Tech ETF
11.03%
GNOM
Global X Funds - Global X Genomics & Biotechnology ETF
10.89%
RAYS
Global X Funds - Global X Solar ETF
10.35%
n/a
CASH
0.16%
Invest with GXTG

What is GXTG?

The Global X Thematic Growth ETF (GXTG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Thematic Growth Index. The Solactive Thematic Growth Index seeks to provide broad exposure to thematic growth strategies using a portfolio of exchange-traded funds. The share prices of the Underlying ETFs are expected to track the performance of equities in developed or emerging markets that provide exposure to structurally disruptive macro-trends.

ETFs related toGXTG

ETFs correlated to GXTG include KOMP, ARKK, TARK

GXTG
Global X Funds - Global X Thematic Growth ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF
ARKW
ARK Investment Management LLC - ARK Next Generation Internet ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
BLOK
Amplify ETF Trust - Amplify Transformational Data Sharing ETF
FINX
Global X Funds - Global X Funds Global X FinTech ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
IBUY
Amplify ETF Trust - Amplify Online Retail 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.

FAQ

GXTG is a Global Equities ETF. The Global X Thematic Growth ETF (GXTG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Thematic Growth Index. The Solactive Thematic Growth Index seeks to provide broad exposure to thematic growth strategies using a portfolio of exchange-traded funds. The share prices of the Underlying ETFs are expected to track the performance of equities in developed or emerging markets that provide exposure to structurally disruptive macro-trends.

GXTG tracks the Solactive Thematic Growth Index.

No, GXTG 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, GXTG 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 GXTG is -0.0378%. This is the percent change in the value of GXTG over the most recent 1-month period. The 3-month return on GXTG is -0.0809%. This is the percent change in the value of GXTG over the most recent 3-month period.

The standard deviation of GXTG for the past year is 0.3016%. 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 GXTG include PBW, IGF, and EFG.

ETFs correlated to GXTG include KOMP, ARKK, and TARK.

ETFs that are inversely correlated to GXTG include SARK, HIBS, and WEBS.

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.