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Trending ETFs

Global X Founder-Run Companies ETF

ETF
BOSS
Payout Change
Pending
Price as of:
$25.75 -0.04 -0.14%
primary theme
N/A
BOSS (ETF)

Global X Founder-Run Companies ETF

Payout Change
Pending
Price as of:
$25.75 -0.04 -0.14%
primary theme
N/A
BOSS (ETF)

Global X Founder-Run Companies ETF

Payout Change
Pending
Price as of:
$25.75 -0.04 -0.14%
primary theme
N/A

Name

As of 11/10/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$25.75

$6.56 M

0.10%

$0.03

0.45%

Vitals

YTD Return

16.8%

1 yr return

5.4%

3 Yr Avg Return

-1.5%

5 Yr Avg Return

8.0%

Net Assets

$6.56 M

Holdings in Top 10

15.9%

52 WEEK LOW AND HIGH

$25.8
$21.59
$28.94

Expenses

OPERATING FEES

Expense Ratio 0.45%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 47.49%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 11/10/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$25.75

$6.56 M

0.10%

$0.03

0.45%

BOSS - Profile

Distributions

  • YTD Total Return 16.8%
  • 3 Yr Annualized Total Return -1.5%
  • 5 Yr Annualized Total Return 8.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.54%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Global X Founder-Run Companies ETF
  • Fund Family Name
    Global X Funds
  • Inception Date
    Feb 13, 2017
  • Shares Outstanding
    410002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Nam To

Fund Description

The Fund invests at least 80% of its total assets in the securities of the Solactive U.S. Founder-Run Companies Index ("Underlying Index"). The Fund's 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed.
The Underlying Index is designed to provide exposure to U.S. companies in which a founder or co-founder of the company is serving as the Chief Executive Officer of the company (collectively, "Founder-Run Companies"), as defined by Solactive AG, the provider of the Underlying Index ("Index Provider").
The starting universe of companies eligible for inclusion in the Underlying Index is the Solactive U.S. Broad Market Index. From this initial universe, the Index Provider identifies Founder-Run Companies using company-level data and ranks these Founder-Run Companies by market capitalization. Founder-Run Companies are then screened for liquidity to determine eligibility for inclusion in the Underlying Index. As of the respective selection date, new constituents must have a minimum six-month average daily traded value of $5 million to be eligible for inclusion, while existing constituents must have a minimum six-month average daily traded value of $4 million to remain in the Underlying Index. If more than 100 Founder-Run Companies are eligible for inclusion based on the liquidity criteria, the top 100 companies by market capitalization are selected for inclusion in the Underlying Index. If fewer than 100 Founder-Run Companies are eligible for inclusion based on the liquidity criteria, the companies that meet the liquidity criteria will comprise the constituents of the Underlying Index. The Underlying Index also applies a sector capping approach relative to the Solactive U.S. Broad Market Index to ensure that no
sector deviates significantly from the sector weights in the Solactive U.S. Broad Market Index. The Underlying Index is equal-weighted and rebalanced annually.
The Underlying Index may include large- or mid-capitalization companies. As of January 31, 2023, the Underlying Index had 98 constituents. The three largest sectors represented in the Underlying Index as of January 31, 2023, were Information Technology, Health Care and Financials. The Fund's investment objective and Underlying Index may be changed without shareholder approval.
The Underlying Index is sponsored by the Index Provider, which is an organization that is independent of, and unaffiliated with, the Fund and Global X Management Company LLC, the investment adviser for the Fund ("Adviser"). The Index Provider determines the relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.
The Adviser uses a "passive" or indexing approach to try to achieve the Fund's investment objective. Unlike many investment companies, the Fund does not try to outperform the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued.
The Fund generally will use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Underlying Index in approximately the same proportions as in the Underlying Index. However, the Fund may utilize a representative sampling strategy with respect to the Underlying Index when a replication strategy might be detrimental or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Underlying Index, in instances in which a security in the Underlying Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Underlying Index.
The Adviser expects that, over time, the correlation between the Fund's performance and that of the Underlying Index, before fees and expenses, will exceed 95%. A correlation percentage of 100% would indicate perfect correlation. If the Fund uses a replication strategy, it can be expected to have greater correlation to the Underlying Index than if it uses a representative sampling strategy.
The Fund concentrates its investments (i.e., holds 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. As of January 31, 2023, the Underlying Index had significant exposure to the information technology sector.
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BOSS - Performance

Return Ranking - Trailing

Period BOSS Return Category Return Low Category Return High Rank in Category (%)
YTD 16.8% -21.0% 39.9% 7.90%
1 Yr 5.4% -28.8% 29.6% 58.17%
3 Yr -1.5%* -25.2% 81.6% 53.64%
5 Yr 8.0%* -6.2% 95.4% 69.96%
10 Yr N/A* -0.7% 34.4% 57.65%

* Annualized

Return Ranking - Calendar

Period BOSS Return Category Return Low Category Return High Rank in Category (%)
2023 -35.1% -85.6% 350.1% 72.92%
2022 12.6% -77.0% 238.3% 14.10%
2021 48.4% -44.1% 2474.5% 13.22%
2020 24.5% -50.2% 44.0% 57.79%
2019 -5.7% -51.7% 102.3% 10.70%

Total Return Ranking - Trailing

Period BOSS Return Category Return Low Category Return High Rank in Category (%)
YTD 16.8% -21.0% 39.9% 7.90%
1 Yr 5.4% -28.8% 29.6% 58.17%
3 Yr -1.5%* -25.2% 81.6% 53.64%
5 Yr 8.0%* -6.2% 95.4% 69.96%
10 Yr N/A* -0.7% 34.4% N/A

* Annualized

Total Return Ranking - Calendar

Period BOSS Return Category Return Low Category Return High Rank in Category (%)
2023 -34.8% -67.0% 440.7% 84.84%
2022 12.8% -23.5% 342.2% 46.20%
2021 50.1% 2.6% 2549.1% 24.52%
2020 25.1% 14.6% 44.8% 96.65%
2019 -4.1% -25.2% 124.7% 35.80%

BOSS - Holdings

Concentration Analysis

BOSS Category Low Category High BOSS % Rank
Net Assets 6.56 M 1.94 M 84.5 B 99.11%
Number of Holdings 98 24 3681 22.14%
Net Assets in Top 10 1.09 M 889 K 8.58 B 99.46%
Weighting of Top 10 15.91% 0.4% 96.7% 92.50%

Top 10 Holdings

  1. APPLOVIN CORP-CLASS A COMMON STOCK 2.26%
  2. WAYFAIR INC- CLASS A COMMON STOCK 1.76%
  3. PALANTIR TECHNOLOGIES INC-A COMMON STOCK 1.72%
  4. NVIDIA CORP COMMON STOCK 1.58%
  5. RIVIAN AUTOMOTIVE INC-A COMMON STOCK 1.58%
  6. ZSCALER INC COMMON STOCK 1.54%
  7. VORNADO REALTY TRUST REIT 1.42%
  8. TESLA INC COMMON STOCK 1.40%
  9. BILL HOLDINGS INC COMMON STOCK 1.34%
  10. COINBASE GLOBAL INC -CLASS A COMMON STOCK 1.32%

Asset Allocation

Weighting Return Low Return High BOSS % Rank
Stocks
99.91% 0.95% 104.09% 8.04%
Cash
0.09% 0.00% 99.05% 83.93%
Preferred Stocks
0.00% 0.00% 6.81% 48.75%
Other
0.00% -0.06% 14.15% 60.89%
Convertible Bonds
0.00% 0.00% 0.40% 41.61%
Bonds
0.00% -2.66% 3.43% 46.07%

Stock Sector Breakdown

Weighting Return Low Return High BOSS % Rank
Technology
29.62% 0.04% 62.17% 64.11%
Healthcare
15.52% 0.00% 37.06% 73.93%
Financial Services
13.79% 0.00% 43.01% 13.21%
Real Estate
12.72% 0.00% 19.28% 1.25%
Communication Services
9.92% 0.00% 18.33% 6.07%
Consumer Cyclical
7.28% 0.00% 57.41% 92.68%
Industrials
4.12% 0.00% 38.23% 91.96%
Basic Materials
3.24% 0.00% 17.25% 32.32%
Energy
2.53% 0.00% 62.10% 36.79%
Utilities
1.26% 0.00% 12.94% 14.82%
Consumer Defense
0.00% 0.00% 16.40% 91.07%

Stock Geographic Breakdown

Weighting Return Low Return High BOSS % Rank
US
99.91% 0.69% 104.09% 7.14%
Non US
0.00% 0.00% 36.79% 56.79%

BOSS - Expenses

Operational Fees

BOSS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.02% 18.45% 93.53%
Management Fee 0.45% 0.00% 1.50% 6.26%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

BOSS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BOSS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BOSS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.49% 0.00% 250.31% 56.77%

BOSS - Distributions

Dividend Yield Analysis

BOSS Category Low Category High BOSS % Rank
Dividend Yield 0.10% 0.00% 3.01% 5.36%

Dividend Distribution Analysis

BOSS Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual Annual Annual

Net Income Ratio Analysis

BOSS Category Low Category High BOSS % Rank
Net Income Ratio 0.54% -2.24% 2.75% 6.34%

Capital Gain Distribution Analysis

BOSS Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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BOSS - Fund Manager Analysis

Managers

Nam To


Start Date

Tenure

Tenure Rank

Mar 01, 2018

4.25

4.3%

Nam To, CFA, joined Global X Management Company LLC in July 2017 as a Portfolio Management Analyst. Mr. To has been a Portfolio Manager of the Fund since March 1, 2018. Previously, Mr. To was a Global Economics Research Analyst at Bunge Limited from 2014 through 2017 and an Advisory and Investment Analyst at Horizon Capital Group from June 2013 through August 2013. Mr. To received his Bachelor of Arts in Philosophy and Economics from Cornell University in 2014.

Wayne Xie


Start Date

Tenure

Tenure Rank

Mar 01, 2019

3.25

3.3%

Wayne Xie joined the Global X Management Company LLC in July 2018 as a Portfolio Management Associate. Previously, Mr. Xie was an Analyst at VanEck Associates on the Equity ETF Investment Management team from 2010 to 2018 and a Portfolio Administrator at VanEck Associates from 2007 to 2010. Mr. Xie received his BS in Business Administration from State University of New York at Buffalo.

Kimberly Chan


Start Date

Tenure

Tenure Rank

Jun 10, 2019

2.98

3.0%

Kimberly Chan is a Portfolio Management Associate. Previously, Ms. Chan was a US Associate Trader at Credit Agricole from 2016 to 2018, and an Investment Analyst at MetLife Investments from 2015 to 2016. Ms. Chan received her Bachelor of Science from New York University in 2015.

Vanessa Yang


Start Date

Tenure

Tenure Rank

Dec 31, 2020

1.41

1.4%

Vanessa Yang, Portfolio Management Associate, joined Global X Management Company LLC in 2016 as a Portfolio Administrator. She was appointed to the portfolio management team in June 2019. Previously, Ms. Yang was a Portfolio Administrator at VanEck Associates from 2011 to 2014. Ms. Yang received her MS in Financial Engineering from Drucker School of Management in 2010 and her BS in Economics from Guangdong University of Foreign Studies in 2008.

William Helm


Start Date

Tenure

Tenure Rank

Apr 01, 2022

0.16

0.2%

William Helm, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Helm spent 14 years at Vanguard where he most recently served as an Equity Portfolio Manager and Trader. Previously, he held roles in Portfolio Review, Corporate Strategy and Corporate Finance. Mr. Helm received his BBA in Economics from Belmont University in 2007 and his MBA from Columbia Business School in 2020.

Sandy Lu


Start Date

Tenure

Tenure Rank

Apr 01, 2022

0.16

0.2%

Sandy Lu, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Lu worked at PGIM Fixed Income from 2014 to 2021, where he led the portfolio analyst team covering Emerging Markets Debt. He began his career in 2010 as an Investment Analyst at Lincoln Financial Group. Mr. Lu graduated with a B.S. in Economics from the Wharton School of the University of Pennsylvania. He earned his CFA designation in September 2015, and holds the Series 3 license.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.32 2.25