GLOBAL X MONTHLY
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
PFFV Global X Variable Rate Preferred ETF | Preferred Stock/Convertible Bonds | 30% |
QDIV Global X S&P 500 Quality Dividend ETF | Large Cap Blend Equities, Dividend | 60% |
QYLD Global X NASDAQ 100 Covered Call ETF | Derivative Income | 10% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GLOBAL X MONTHLY, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
The earliest data available for this chart is Jun 24, 2020, corresponding to the inception date of PFFV
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.70% | 13.67% | -5.18% | 9.18% | 14.14% | 10.43% |
| GLOBAL X MONTHLY | -2.93% | 6.75% | -5.50% | 3.61% | N/A | N/A |
| Portfolio components: | ||||||
QDIV Global X S&P 500 Quality Dividend ETF | -3.89% | 8.26% | -7.83% | 1.83% | 13.02% | N/A |
PFFV Global X Variable Rate Preferred ETF | 0.08% | 2.79% | -1.04% | 6.03% | N/A | N/A |
QYLD Global X NASDAQ 100 Covered Call ETF | -6.43% | 10.62% | -5.30% | 5.58% | 8.28% | 7.58% |
Monthly Returns
The table below presents the monthly returns of GLOBAL X MONTHLY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.57% | 1.15% | -1.75% | -3.86% | 0.02% | -2.93% | |||||||
| 2024 | 0.53% | 1.91% | 3.96% | -3.45% | 2.31% | -0.17% | 3.26% | 2.69% | 1.53% | -0.71% | 3.47% | -4.21% | 11.27% |
| 2023 | 5.61% | -2.38% | -0.57% | 0.04% | -3.58% | 3.97% | 3.59% | -1.45% | -2.40% | -2.62% | 4.95% | 3.70% | 8.57% |
| 2022 | -0.72% | -0.41% | 1.65% | -4.06% | 1.53% | -7.43% | 4.99% | -3.01% | -6.55% | 6.63% | 5.99% | -3.83% | -6.26% |
| 2021 | 0.23% | 3.03% | 5.60% | 2.25% | 2.49% | -0.13% | -0.11% | 1.81% | -1.57% | 3.09% | -2.47% | 4.54% | 20.08% |
| 2020 | 1.56% | 3.18% | 3.59% | -2.49% | -0.58% | 11.30% | 3.62% | 21.37% |
Expense Ratio
GLOBAL X MONTHLY has an expense ratio of 0.26%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GLOBAL X MONTHLY is 18, meaning it’s performing worse than 82% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
QDIV Global X S&P 500 Quality Dividend ETF | 0.12 | 0.36 | 1.05 | 0.17 | 0.58 |
PFFV Global X Variable Rate Preferred ETF | 0.85 | 1.11 | 1.15 | 0.90 | 3.51 |
QYLD Global X NASDAQ 100 Covered Call ETF | 0.29 | 0.56 | 1.10 | 0.30 | 1.12 |
Dividends
Dividend yield
GLOBAL X MONTHLY provided a 5.48% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.48% | 5.17% | 5.29% | 5.16% | 4.29% | 3.75% | 2.69% | 2.18% | 0.77% | 0.91% | 0.94% | 1.07% |
| Portfolio components: | ||||||||||||
QDIV Global X S&P 500 Quality Dividend ETF | 3.05% | 2.88% | 3.26% | 3.02% | 2.44% | 3.06% | 2.84% | 1.56% | 0.00% | 0.00% | 0.00% | 0.00% |
PFFV Global X Variable Rate Preferred ETF | 7.60% | 7.33% | 7.19% | 6.60% | 5.15% | 2.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 13.75% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the GLOBAL X MONTHLY. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the GLOBAL X MONTHLY was 16.14%, occurring on Sep 30, 2022. Recovery took 331 trading sessions.
The current GLOBAL X MONTHLY drawdown is 7.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.14% | Jan 18, 2022 | 178 | Sep 30, 2022 | 331 | Jan 26, 2024 | 509 |
| -12.9% | Dec 2, 2024 | 87 | Apr 8, 2025 | — | — | — |
| -6.12% | Sep 3, 2020 | 14 | Sep 23, 2020 | 11 | Oct 8, 2020 | 25 |
| -5.47% | Oct 13, 2020 | 12 | Oct 28, 2020 | 8 | Nov 9, 2020 | 20 |
| -4.29% | Nov 9, 2021 | 16 | Dec 1, 2021 | 17 | Dec 27, 2021 | 33 |
Volatility
Volatility Chart
The current GLOBAL X MONTHLY volatility is 6.89%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 3 assets, with an effective number of assets of 2.17, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | PFFV | QYLD | QDIV | Portfolio | |
|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.46 | 0.85 | 0.72 | 0.78 |
| PFFV | 0.46 | 1.00 | 0.39 | 0.42 | 0.59 |
| QYLD | 0.85 | 0.39 | 1.00 | 0.48 | 0.58 |
| QDIV | 0.72 | 0.42 | 0.48 | 1.00 | 0.97 |
| Portfolio | 0.78 | 0.59 | 0.58 | 0.97 | 1.00 |