GLOBAL X MONTHLY
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
QDIV Global X S&P 500 Quality Dividend ETF | Large Cap Blend Equities, Dividend | 60% |
QYLD Global X NASDAQ 100 Covered Call ETF | Large Cap Growth Equities | 10% |
PFFV Global X Variable Rate Preferred ETF | Preferred Stock/Convertible Bonds | 30% |
Performance
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 Quarterly
The earliest data available for this chart is Jun 24, 2020, corresponding to the inception date of PFFV
Returns
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC | N/A | N/A | N/A | N/A | N/A | N/A |
| GLOBAL X MONTHLY | 3.56% | 4.43% | 4.33% | 0.15% | N/A | N/A |
| Portfolio components: | ||||||
QDIV Global X S&P 500 Quality Dividend ETF | -0.74% | 3.89% | 2.95% | -3.66% | 8.57% | N/A |
PFFV Global X Variable Rate Preferred ETF | 7.10% | 4.34% | 7.58% | 4.18% | N/A | N/A |
QYLD Global X NASDAQ 100 Covered Call ETF | 19.52% | 4.26% | 2.78% | 16.79% | 6.29% | N/A |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.04% | -3.58% | 3.97% | 3.59% | -1.45% | -2.40% | -2.46% |
Dividend yield
GLOBAL X MONTHLY granted a 5.23% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| GLOBAL X MONTHLY | 5.23% | 5.12% | 4.32% | 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 | 3.38% | 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 | 6.69% | 6.60% | 5.23% | 2.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.96% | 13.26% | 12.85% | 11.16% | 9.83% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Expense Ratio
The GLOBAL X MONTHLY has a high expense ratio of 0.26%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
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 | Ulcer Index | |
|---|---|---|---|---|---|
QDIV Global X S&P 500 Quality Dividend ETF | -0.27 | ||||
PFFV Global X Variable Rate Preferred ETF | 0.36 | ||||
QYLD Global X NASDAQ 100 Covered Call ETF | 1.73 |
Asset Correlations Table
| PFFV | QDIV | QYLD | |
|---|---|---|---|
| PFFV | 1.00 | 0.44 | 0.44 |
| QDIV | 0.44 | 1.00 | 0.53 |
| QYLD | 0.44 | 0.53 | 1.00 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 16.17%, occurring on Sep 30, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.17% | Jan 18, 2022 | 178 | Sep 30, 2022 | — | — | — |
| -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 |
| -3.52% | Jun 7, 2021 | 30 | Jul 19, 2021 | 17 | Aug 11, 2021 | 47 |
Volatility Chart
The current GLOBAL X MONTHLY volatility is 2.81%, 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.