BFITGlobal X Health & Wellness ETF
BFIT Fund Description
BFIT invests in companies whose revenue or main business purpose is encompassed by a cross- sector definition of health and wellness. Equities in this fund come from developed countries.
BFIT Factset Analytics Insight
The Global X Health & Wellness ETF tracks an index of equities from companies who promote physical well- being. The selection universe includes small, mid, and large cap companies from developed countries who earn the majority of their revenue or whose stated business objective relates to good physical health. &ldquo,Health and wellness&rdquo, crosses the sector boundaries found in traditional classification systems to include nutrition and weight loss, nutritional supplements, and fitness equipment and apparel among others. BFIT has a high expense ratio in comparison to others in the segment and, being a health and wellness fund, has a very different investment strategy than others in this segment. Hence, this fund is not expected to align with the segment benchmark.
BFIT MSCI ESG Analytics Insight
Global X Health & Wellness ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.77 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. Global X Health & Wellness ETF ranks in the 25th percentile within its peer group and in the 38th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
BFIT MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
BFIT Summary Data
BFIT Portfolio Data
BFIT Index Data
BFIT Portfolio Management
BFIT Tax Exposures
BFIT Fund Structure
BFIT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BFIT. BFIT is rated a 4 out of 5.
BFIT Economic Development
BFIT Performance Statistics
BFIT MSCI ESG Ratings
BFIT Benchmark Comparison Summary
BFIT Benchmark Comparison Market Cap Size