EDOCGlobal X Telemedicine & Digital Health ETF
EDOC Fund Description
EDOC tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health.
EDOC Factset Analytics Insight
EDOC provides a unique take on equities, focusing specifically on those with high exposure to the telemedicine & digital health theme. Companies around the world, including ADRS, that are involved in telemedicine, healthcare analytics, connected healthcare devices, and administrative digitization are considered. The underlying index is constructed using an algorithm that analyzes specific keywords from company filings, disclosures and other public information in order to identify and rank companies with the strongest ties to this theme. Stocks selected must meet certain size and liquidity requirements. The revenue of the highest ranking stocks is conducted to identify those with at least 50% of their revenues derived from business operations relative to the theme. The top 40 largest names that pass these criteria are the final index components. The index is weighted by market cap with 4% single security cap, and is reconstituted and re-weighted semi-annually.
EDOC MSCI ESG Analytics Insight
Global X Telemedicine & Digital Health ETF has an MSCI ESG Fund Rating of BB based on a score of 5.48 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 Telemedicine & Digital Health ETF ranks in the 32nd percentile within its peer group and in the 45th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EDOC 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.
EDOC Summary Data
EDOC Portfolio Data
EDOC Index Data
EDOC Portfolio Management
EDOC Tax Exposures
EDOC Fund Structure
EDOC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EDOC. EDOC is rated a 5 out of 5.
EDOC Top 10 Holdings[View All]
EDOC Economic Development
EDOC Performance Statistics
EDOC MSCI ESG Ratings
EDOC Benchmark Comparison Summary
EDOC Benchmark Comparison Market Cap Size