Continue to site >
Trending ETFs

Global X S&P 500 Quality Dividend ETF

ETF
QDIV
Payout Change
Pending
Price as of:
$33.9544 -0.07 -0.19%
primary theme
U.S. Large-Cap Value Equity
QDIV (ETF)

Global X S&P 500 Quality Dividend ETF

Payout Change
Pending
Price as of:
$33.9544 -0.07 -0.19%
primary theme
U.S. Large-Cap Value Equity
QDIV (ETF)

Global X S&P 500 Quality Dividend ETF

Payout Change
Pending
Price as of:
$33.9544 -0.07 -0.19%
primary theme
U.S. Large-Cap Value Equity

Name

As of 03/26/2024

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

$33.95

$26.9 M

3.00%

$1.02

0.20%

Vitals

YTD Return

5.8%

1 yr return

14.0%

3 Yr Avg Return

7.6%

5 Yr Avg Return

9.7%

Net Assets

$26.9 M

Holdings in Top 10

16.5%

52 WEEK LOW AND HIGH

$34.0
$29.15
$34.23

Expenses

OPERATING FEES

Expense Ratio 0.20%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 70.66%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 03/26/2024

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

$33.95

$26.9 M

3.00%

$1.02

0.20%

QDIV - Profile

Distributions

  • YTD Total Return 5.8%
  • 3 Yr Annualized Total Return 7.6%
  • 5 Yr Annualized Total Return 9.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.60%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Global X S&P 500 Quality Dividend ETF
  • Fund Family Name
    Global X Funds
  • Inception Date
    Jul 13, 2018
  • Shares Outstanding
    1810013
  • 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 S&P500® Quality High Dividend 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. equity securities included in the S&P 500® Index that exhibit high quality and dividend yield characteristics, as determined by Standard & Poor's Financial Services LLC, the provider of the Underlying Index (the "Index Provider"). All constituents of the Underlying Index are members of the S&P 500® Index and follow the eligibility criteria for that index. From this starting universe, eligible constituents are screened to include only securities that rank within the top 200 of the S&P 500® Index universe by both quality score and dividend yield. The Underlying Index is equal weighted and is reconstituted and rebalanced semi-annually. At each semi-annual rebalance, a sector capping methodology is applied to reduce sector concentration and increase diversification of the Underlying Index. 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. As of January 31, 2023, the Underlying Index had 77 constituents.
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 was not concentrated in any industry.
Read More

QDIV - Performance

Return Ranking - Trailing

Period QDIV Return Category Return Low Category Return High Rank in Category (%)
YTD 5.8% -4.5% 22.2% 72.42%
1 Yr 14.0% -5.0% 42.6% 91.85%
3 Yr 7.6%* -2.6% 31.5% 58.12%
5 Yr 9.7%* -0.1% 44.3% 67.49%
10 Yr N/A* 1.3% 24.9% 73.14%

* Annualized

Return Ranking - Calendar

Period QDIV Return Category Return Low Category Return High Rank in Category (%)
2023 1.7% -24.9% 46.1% 76.48%
2022 -3.4% -65.1% 4.6% 5.57%
2021 25.7% -44.2% 57.5% 9.17%
2020 -3.5% -23.2% 285.0% 74.91%
2019 25.1% -21.4% 48.5% 11.97%

Total Return Ranking - Trailing

Period QDIV Return Category Return Low Category Return High Rank in Category (%)
YTD 5.8% -4.5% 22.2% 72.42%
1 Yr 14.0% -5.0% 42.6% 91.85%
3 Yr 7.6%* -2.6% 31.5% 58.12%
5 Yr 9.7%* -0.1% 44.3% 67.49%
10 Yr N/A* 1.3% 24.9% N/A

* Annualized

Total Return Ranking - Calendar

Period QDIV Return Category Return Low Category Return High Rank in Category (%)
2023 5.2% -15.9% 46.7% 87.76%
2022 -0.5% -42.0% 8.5% 11.31%
2021 29.0% 3.6% 129.7% 19.62%
2020 0.0% -22.6% 304.8% 75.84%
2019 29.0% -12.7% 52.1% 15.13%

QDIV - Holdings

Concentration Analysis

QDIV Category Low Category High QDIV % Rank
Net Assets 26.9 M 93 163 B 93.67%
Number of Holdings 73 2 1689 57.38%
Net Assets in Top 10 7.99 M 420 K 33.9 B 93.91%
Weighting of Top 10 16.54% 5.6% 99.9% 96.13%

Top 10 Holdings

  1. MARATHON PETROLEUM CORP COMMON STOCK 1.80%
  2. NETAPP INC COMMON STOCK 1.79%
  3. PACKAGING CORP OF AMERICA COMMON STOCK 1.75%
  4. AFLAC INC COMMON STOCK 1.64%
  5. CME GROUP INC COMMON STOCK 1.61%
  6. BUNGE GLOBAL SA COMMON STOCK 1.60%
  7. INTERNATIONAL PAPER CO COMMON STOCK 1.59%
  8. GENERAL DYNAMICS CORP COMMON STOCK 1.59%
  9. GARMIN LTD COMMON STOCK 1.58%
  10. ONEOK INC COMMON STOCK 1.57%

Asset Allocation

Weighting Return Low Return High QDIV % Rank
Stocks
99.55% 1.86% 108.42% 21.44%
Cash
0.45% -0.79% 38.18% 75.90%
Preferred Stocks
0.00% 0.00% 13.88% 81.82%
Other
0.00% -3.53% 39.72% 80.36%
Convertible Bonds
0.00% 0.00% 3.66% 81.26%
Bonds
0.00% -0.71% 73.23% 81.90%

Stock Sector Breakdown

Weighting Return Low Return High QDIV % Rank
Financial Services
22.04% 0.00% 58.05% 21.76%
Industrials
17.21% 0.00% 42.76% 5.70%
Energy
16.58% 0.00% 54.00% 3.28%
Consumer Defense
13.04% 0.00% 34.10% 13.56%
Consumer Cyclical
8.86% 0.00% 22.74% 16.75%
Basic Materials
5.07% 0.00% 21.69% 17.88%
Healthcare
4.68% 0.00% 30.08% 98.62%
Technology
4.52% 0.00% 54.02% 94.39%
Real Estate
3.77% 0.00% 90.54% 36.70%
Communication Services
2.63% 0.00% 26.58% 87.39%
Utilities
1.61% 0.00% 27.04% 82.38%

Stock Geographic Breakdown

Weighting Return Low Return High QDIV % Rank
US
99.55% 1.86% 108.42% 18.70%
Non US
0.00% 0.00% 27.89% 80.19%

QDIV - Expenses

Operational Fees

QDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.01% 17.54% 96.22%
Management Fee 0.20% 0.00% 1.50% 4.37%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

QDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

QDIV 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.

QDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 70.66% 0.00% 488.00% 77.48%

QDIV - Distributions

Dividend Yield Analysis

QDIV Category Low Category High QDIV % Rank
Dividend Yield 3.00% 0.00% 36.55% 43.71%

Dividend Distribution Analysis

QDIV Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Semi-Annually

Net Income Ratio Analysis

QDIV Category Low Category High QDIV % Rank
Net Income Ratio 2.60% -1.51% 4.28% 4.83%

Capital Gain Distribution Analysis

QDIV Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

QDIV - Fund Manager Analysis

Managers

Nam To


Start Date

Tenure

Tenure Rank

Jul 13, 2018

3.88

3.9%

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.

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.

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.01 16.42