HEALGlobal X HealthTech ETF

Grow my money5y track recordRanked #1,821 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the price and yield performance of the Global X HealthTech Index.

By Global X Funds · Launched 2020

Annual Cost

0.50%

#2,576 of 5,562 · average

Fund Size

$25M

#4,194 of 5,562 · small

Return (1Y)Goal

-17.3%

Track Record

5 years

#2,160 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$8,181-18.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Strategy

Index tracking

Sector

Health care

Index tracked

Global X HealthTech Index

What it actually holds

By weight

Concentration

Top 10 holdings = 41.7% of fundmoderately concentrated

TRANSMEDICS GROUP, INC.

4.7%

DEXCOM, INC.

4.4%

GE HEALTHCARE TECHNOLOGIES INC.

4.2%

IQVIA HOLDINGS INC

4.2%

TEMPUS AI, INC

4.2%

IRHYTHM TECHNOLOGIES, INC.

4.1%

Pro Medicus Ltd

4.1%

INTUITIVE SURGICAL, INC.

3.9%

INSULET CORPORATION

3.9%

Waystar Holding Corp

3.9%

Asset allocation

Stocks

100.0%

By sector

Healthcare

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

22.4%High

Year-on-year price swings

Max drawdown

-65.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.43Below average

Sortino (3Y)

-0.60Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide investment results that correspond generally to the price and yield performance of the Global X HealthTech Index.
Strategy: Invests primarily in securities of the Global X HealthTech Index and in ADRs and GDRs based on those securities. The Fund uses a replication strategy to achieve its investment objective, investing in the securities of the Underlying Index in approximately the same proportions. The Underlying Index is designed to provide exposure to companies benefiting from advances in healthcare technology, with a minimum market cap of $200 million.
Inception date: July 29, 2020
Fund family: Global X Funds