SOIL Fund Description

The Global X Fertilizers/Potash ETF tracks a market-cap-weighted index of the largest and most liquid fertilizer producers around the world.

SOIL ETF.com Insight

SOIL focuses on fertilizer-based companies—you won't find Monsanto in this ETF. Instead, its top holdings include Scotts Miracle-Gro and Agrium. SOIL tilts smaller than our broadSOIL focuses on fertilizer-based companies benchmark, with over 30% of its portfolio allocated to small- and micro-cap stocks. At 0.69%, its not one of the low-cost ETFs in the segment, and trading costs may add further to total expenses. SOIL trades less than $100K in volume most days and spreads are accordingly wide. While not cheap, SOIL does offer unique exposure. If you're looking for concentrated exposure to fertilizer, it may be your best option. (Insight updated 12/11/2014)

  • 1 Month

  • 3 Months

  • YTD

  • 1 Year

  • 3 Years

  • 5 Years

  • Max

Performance [as of 12/18/14]
1 Month
3 Month
YTD
1 Year
3 Years
5 Years
10 Years

SOIL
-4.52% -6.63% -7.37% -3.46% -2.36% -- --

SOIL (NAV)
-4.51% -6.78% -7.11% -4.13% -2.56% -- --

Solactive Global Fertilizers/Potash Index
-4.45% -6.66% -6.87% -3.87% -2.40% -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SOIL Top 10 Countries View All

SOIL Top 10 Sectors

SOIL Top 10 Holdings View All

SOIL Summary Data

Issuer Global X

A company that produces and manages ETFs.

Inception Date 05/26/11

The first date of a fund's operations, as documented by the issuer.

Legal Structure Open-Ended Fund

The organizational structure of the fund or ETN.

Expense Ratio 0.69%

The net total annual fee a fund holder pays to the issuer.

Assets Under Management $15.36 M

The market value of total assets that a fund has accumulated and now manages on behalf of investors.

Average Daily $ Volume $77.33 K

It is the daily dollar value of shares traded, averaged over the past 45 trading days.

(%) | The difference between the highest price a market participant is willing to pay to buy an ETF and the lowest price at which a market participant is willing to sell an ETF, averaged over the past 45 days, as a percent." href="javascript:void(0)" class="term">Average Spread (%) 0.33%

The difference between the highest price a market participant is willing to pay to buy an ETF and the lowest price at which a market participant is willing to sell an ETF, averaged over the past 45 days, as a percent.

SOIL Portfolio Data

Weighted Average Market Cap $8.04 B

Describes the average of each stock's market cap (share price x shares outstanding) scaled by its weight in the portfolio.

Price / Earnings Ratio 23.40

Weighted average ratio of prices of a fund’s stocks to trailing earnings of underlying stocks.

Price / Book Ratio 1.53

Weighted average ratio of prices of a fund’s stocks to the book value of underlying equity.

Distribution Yield 1.78%

The ratio of distributions paid by the fund over the past 12 months, divided by the fund’s NAV.

Next Ex-Dividend Date 12/29/14

The date on which a security's price excludes an upcoming dividend.

Number of Holdings 23

The number of securities held in the fund as of ETF.com’s analysis date, based on issuer portfolios or the creation basket. If an ETF holds other ETFs, we count every constituent, looking through the ETF wrapper.

SOIL Index Data

Index Tracked Solactive Global Fertilizers/Potash
Index

This is the benchmark an ETF is desigend to track or replicate.

Index Weighting Methodology Market Cap

A set of rules that the underlying index provider follows to weight its constituent securities.

Index Selection Methodology Market Cap

A set of rules that the underlying index provider follows to select its constituent securities.

Segment Benchmark Thomson Reuters/Jefferies CRB In-The-Ground Global Agriculture

This is the index that we have chosen as the best-in-class gauge for each segment's broad market.

Related ETFs to SOIL

Top Competing ETFs PAGG, CROP, MOO, VEGI

ETFs from within the same segment or closely related segments with similar investment objectives or market exposures.

SOIL Commentary & News

SOIL ETF.com Efficiency Insight

SOIL charges one of the highest expense ratios in the segment—0.69%—so it's off to a rough start in Efficiency. It's small asset base, among other factors, leaves this fund with high closure risk as well. The upside here is that SOIl tracks its index well. (Insight updated 12/11/2014)


Total Return - 12/18/2014

  • 1 Month

  • 3 Months

  • YTD

  • 1 Year

  • 3 Years

  • 5 Years

  • Max

Performance [as of 12/18/14]
1 Month
3 Month
YTD
1 Year
3 Years
5 Years
10 Years

SOIL
-4.52% -6.63% -7.37% -3.46% -2.36% -- --

SOIL (NAV)
-4.51% -6.78% -7.11% -4.13% -2.56% -- --

Solactive Global Fertilizers/Potash Index
-4.45% -6.66% -6.87% -3.87% -2.40% -- --

Thomson Reuters/Jefferies CRB In-The-Ground Global Agriculture
-3.49% -3.14% -3.41% -0.52% 4.31% 3.55% 13.66%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SOIL Portfolio Management

Expense Ratio 0.69%

The net annual fee a fund holder pays to the issuer.

(12 Mo) | Compares returns of the fund's NAV to its underlying index for a daily series of overlapping 12 month periods. The median is the middle value of the results." href="javascript:void(0)" class="term">Median Tracking Difference (12 Mo) -0.04%

Compares returns of the fund's NAV to its underlying index for a daily series of overlapping 12 month periods. The median is the middle value of the results.

SOIL Tax Exposures

Max LT/ST Capital Gains Rate 20.00% / 39.60%

The maximum long-term and short-term U.S. tax rates applicable to a realized capital gain.

Tax on Distributions Qualified dividends

IRS treatment of the majority of the fund's distributions.

Distributes K1 No

ETFs that are structured as commodities pools and classified as limited partnerships by the IRS will issue K-1 forms to holders.

SOIL Fund Structure

Legal Structure Open-Ended Fund

The organizational structure of the fund or ETN.

OTC Derivative Use No

An indicator of whether a fund uses over-the-counter derivatives such as swaps or forwards to achieve its objectives.

Securities Lending Active No

An indicator of whether or not a fund actively lends its portfolio holdings.

ETN Counterparty N/A

The institution responsible for providing the return of the stated index and whose credit is the sole backing of the ETN.

ETN Counterparty Risk N/A

The risk of default by the ETN counterparty.

Fund Closure Risk High

The likelihood that an issuer will shut down a fund for business or regulatory reasons.

Portfolio Disclosure Daily

The frequency of an issuer's disclosure of all fund holdings.

SOIL ETF.com Tradability Insight

SOIL is difficult to trade on the market: Less than $100K changes hands on most days and bid/ask spreads average above 0.30%. The fund's reasonable creation costs and strong underlying liquidity contribute to its strong block liquidity. In short, it may be easier to trade in large blocks with the assistance of a market maker than trying to trade in smaller quantities. (Insight updated 12/11/2014)

Average Spread

Premium/Discount

Volume

SOIL ETF.com/ Block LiquidityAs of 12/19/2014

5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of SOIL. SOIL is rated a 2 out of 5.

SOIL Tradability

Avg. Daily Share Volume 7,202

It is the daily number of shares traded, averaged over the past 45 trading days.

Average Daily $ Volume $77.33 K

It is the daily dollar value of shares traded, averaged over the past 45 trading days.

Median Daily Share Volume 5,101

Median number of shares traded over the past 45 trading days.

(%) | The difference between the highest price a market participant is willing to pay to buy an ETF and the lowest price at which a market participant is willing to sell an ETF, averaged over the past 45 days, as a percent." href="javascript:void(0)" class="term">Average Spread (%) 0.33%

The difference between the highest price a market participant is willing to pay to buy an ETF and the lowest price at which a market participant is willing to sell an ETF, averaged over the past 45 days, as a percent.

($) | The difference between the highest and lowest posted prices for an ETF, averaged over the past 45 days, in dollars." href="javascript:void(0)" class="term">Average Spread ($) $0.03

The difference between the highest and lowest posted prices for an ETF, averaged over the past 45 days, in dollars.

(12 Mo) | The greatest amount that the market price exceeded (premium) and fell below (discount) its fair value/net asset value (NAV) over a maximum 12-month period." href="javascript:void(0)" class="term">Max. Premium / Discount (12 Mo) 0.69% / -1.37%

The greatest amount that the market price exceeded (premium) and fell below (discount) its fair value/net asset value (NAV) over a maximum 12-month period.

Impediment to Creations None

This flags whether there is currently a systemic issue that has restricted the ability to create or redeem shares of the fund. This may be imposed by the fund's issuer, or by external circumstances.

Market Hours Overlap 45.26%

The percent of time that the underlying securities of an ETF are open to trading while US exchanges are open.

(Shares) | The smallest block of ETF shares that an Authorized Participant can either create or redeem at net asset value (NAV) with the issuer in exchange for the underlying shares of the fund." href="javascript:void(0)" class="term">Creation Unit Size (Shares) 50,000

The smallest block of ETF shares that an Authorized Participant can either create or redeem at net asset value (NAV) with the issuer in exchange for the underlying shares of the fund.

(45 Day Average) | The median 45 day share volume divided by the creation unit size of the fund. The higher the number, the more likely that liquidity providers will trade the fund in size, or in odd lots." href="javascript:void(0)" class="term">Creation Unit/Day (45 Day Average) 0.10

The median 45 day share volume divided by the creation unit size of the fund. The higher the number, the more likely that liquidity providers will trade the fund in size, or in odd lots.

(%) | The standard fee to create or redeem 1 creation unit of an ETF as a percentage of the dollar value of 1 creation unit." href="javascript:void(0)" class="term">Creation Unit Cost (%) 0.19%

The standard fee to create or redeem 1 creation unit of an ETF as a percentage of the dollar value of 1 creation unit.

Underlying Volume / Unit 0.42%

This metric serves as a way of understanding the impact of executing 1 creation unit worth of an ETF in terms of the volume of its underlying components.

Open Interest on ETF Options --

The total number of net outstanding options contracts for an ETF.

ETF.com Implied Liquidity 2

An estimate of liquidity for the underlying baskets of securities, scaled 1 to 5.

SOIL ETF.com Fit Insight

SOIL only holds fertilizer companies, so its low Fit score is an indicator that it is doing its job. True to the fund's mandate, it excludes the food & tobacco and machines & parts companies that make up about 30% of our benchmark. As a result, SOIL excludes Monsanto, the seed giant. It does include, however, a large allocation to small and micro caps, tilting it smaller than our benchmark. (Insight updated 12/11/2014)

SOIL Geographic ExposureView All

Countries SOIL Segment Benchmark
United States 45.82% 24.94%

Canada 12.60% 10.51%

Australia 2.69% 9.94%

Israel 2.51% 8.16%

Turkey -- 5.64%

Netherlands 6.14% 4.82%

Norway 3.85% 4.82%

Chile 1.43% 4.70%

Hong Kong 0.41% 4.62%

Other 24.58% 21.86%

Regions SOIL Segment Benchmark
North America 58.42% 35.45%

Europe 25.26% 27.03%

Asia-Pacific 12.38% 24.66%

Middle East & Africa 2.51% 8.16%

Latin America 1.43% 4.70%

Developed /
Emerging Split
88.07% / 11.93% 83.31% / 16.69%

SOIL Performance Statistics

Beta 0.93

The sensitivity of the returns of the fund to the movement of the ETF.com segment benchmark. Beta of 1.0 means magnitude of fund returns equals that of IU benchmark returns.

Up Beta 0.97

The comparison of a fund's return to our benchmark's for days when the benchmark is up. Ideally down beta is less than up beta while beta of 1.0 means they're equal.

Down Beta 0.94

The comparison of a fund's return to our benchmark's for days when the benchmark is down. Ideally down beta is less than up beta while beta of 1.0 means they're equal.

Downside Standard Deviation 0.35%

A measure of the variability between the fund's returns and the ETF.com segment benchmark returns on days when the fund underperforms the benchmark.

Segment Benchmark Thomson Reuters/Jefferies CRB In-The-Ground Global Agriculture

This is the index that we have chosen as the best-in-class gauge for each segment's broad market.

SOIL Benchmark Comparison

SOIL
23 Holdings
Segment Benchmark
35 Constituents
Shared Holdings
15 (Count)
 
41.69% (Weight)
SOILSegment Benchmark
Market Cap | The average market capitalization of the firms in the portfolio based on each firm’s weighting in the portfolio." href="javascript:void(0)" class="term">Weighted Average
Market Cap
$19.38 B$8.04 B

The average market capitalization of the firms in the portfolio based on each firm’s weighting in the portfolio.

Size Split

The breakdown of the portfolio’s holdings into each market capitalization bucket based on each firm’s weighting in the portfolio.

Large (>12.9B)60%26%
Mid (>2.7B)36%40%
Small (>600M)3%29%
Micro (<600M)0%5%
Price / Book Ratio1.971.53

Weighted average ratio of prices of a fund’s stocks to the book value of underlying equity.

Dividend Yield2.24%2.41%

The weighted average of the current yield on the portfolio’s holdings.

Holdings | The number of securities held in the fund as of ETF.com’s analysis date, based on issuer portfolios or the creation basket. If an ETF holds other ETFs, we count every constituent, looking through the ETF wrapper." href="javascript:void(0)" class="term">Number Of
Holdings
3523

The number of securities held in the fund as of ETF.com’s analysis date, based on issuer portfolios or the creation basket. If an ETF holds other ETFs, we count every constituent, looking through the ETF wrapper.

ConcentrationHighHigh

The level of return contribution attributable to the average portfolio constituent.