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Global X S&P 500 Tail Risk Etf

Global X S&P 500 Tail Risk Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization4.88 mln
Float0.17 mln

Business Description

This fund puts at least 80% of its money into assets that track a specific index, which combines ownership of S&P 500 stocks with the purchase of put options as a form of downside protection. Put options give the fund the right to sell at a set price, helping to limit potential losses when markets fall. The fund is designed to closely mirror the performance of this index, with an expected correlation of over 95% before any fees are taken into account.

Key Fundamentals

EPS1.26
P/E22.74
ROE52.48
ROIC27.78
ROA21.15
Interest Cover75.58
EV / EBITDA26.07
EV / EBIT41.02
EV / Revenue9.41

Quote Details

Last 28.69
Change -0.14 (-0.49%)
Open 28.60
Volume 9,221
Turnover 264,550
Average Volume 1,289.57

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -0.52% 36 / 100   
1 Month -1.03% 43 / 100   
2 Months 1.85% 68 / 100   
6 Months 5.59% 71 / 100   
1 Year 10.73% 58 / 100   



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