SCIDGlobal X Scientific Beta Europe ETF
SCID Fund Description
The Global X Scientific Beta Europe ETF tracks an index that provides a multifactor approach to investing in developed European large- and midcap equities.
SCID Factset Analytics Insight
Newly launched SCID offers alternative exposure to European stocks. Its index selects from a universe of the 600 largest and most liquid stocks from 16 developed European countries, based on 4 factors: value, size, low volatility and momentum. These factors are measured by price-to-book ratio, free-float market capitalization, historical volatility over a 2-year period, and one-year-minus-one-month total returns, respectively. These securities are weighted according to a proprietary, multifactor approach. Specifically, the fund uses 5 different weighting schemes and takes the average weight from these in an effort to diversify model risk. SCID charges a reasonable fee for its exposure and underlying mechanics. Trade carefully in the early days of this fund launch. Full scoring will be available in November 2015.
SCID MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 20, 2018 the Global X Scientific Beta Europe ETF MSCI ESG Fund Quality Score is 6.61 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SCID ranks in the 26th percentile within its peer group and in the 86th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
SCID CHARTS AND PERFORMANCE
SCID Top 10 Countries
SCID Top 10 Sectors
SCID Top 10 Holdings [View All]
SCID Summary Data
SCID Portfolio Data
SCID Index Data
SCID Portfolio Management
SCID Tax Exposures
SCID Fund Structure
SCID Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SCID. SCID is rated a 4 out of 5.
SCID Sector/Industry Breakdown
SCID TOP 10 HOLDINGS[View All]
SCID Economic Development
SCID Performance Statistics
SCID MSCI ESG Ratings
SCID BENCHMARK COMPARISON SUMMARY
SCID BENCHMARK COMPARISON MARKET CAP SIZE