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Global X TargetIncome Plus 2 ETF (TFLT)

ETF · Currency in USD
ISIN
US37954Y5906
CUSIP
37954Y590
Issuer
Global X
Inception Date
Jul 27, 2018
Region
Developed Markets (Broad)
Category
n/a
Expense Ratio
0.64%
Index Tracked
Wilshire Target Income 10-Year Treasury +2% Plus Index
ETF Home Page
www.globalxetfs.com
Asset Class
Multi-Asset

Asset Class Size

Multi-Cap

Asset Class Style

Blend

TFLTPrice Chart


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TFLTPerformance

The chart shows the growth of $10,000 invested in Global X TargetIncome Plus 2 ETF on Jul 30, 2018 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,273 for a total return of roughly -7.27%. All prices are adjusted for splits and dividends.


TFLT (Global X TargetIncome Plus 2 ETF)
Benchmark (S&P 500)

TFLTReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-1.44%4.38%
6M-1.34%9.91%
YTD-5.04%21.00%
1Y-2.74%32.29%
5Y-2.31%15.90%
10Y-2.31%15.90%

TFLTMonthly Returns Heatmap


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TFLTSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Global X TargetIncome Plus 2 ETF Sharpe ratio is -0.63. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


TFLT (Global X TargetIncome Plus 2 ETF)
Benchmark (S&P 500)

TFLTDividends


Global X TargetIncome Plus 2 ETF doesn't pay dividends

TFLTDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


TFLT (Global X TargetIncome Plus 2 ETF)
Benchmark (S&P 500)

TFLTWorst Drawdowns

The table below shows the maximum drawdowns of the Global X TargetIncome Plus 2 ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Global X TargetIncome Plus 2 ETF is 19.11%, recorded on Mar 23, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.11%Sep 5, 2018389Mar 23, 2020
-1.63%Aug 7, 20185Aug 13, 201811Aug 28, 201816

TFLTVolatility Chart

Current Global X TargetIncome Plus 2 ETF volatility is 0.73%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


TFLT (Global X TargetIncome Plus 2 ETF)
Benchmark (S&P 500)

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