GBLOGlobal Beta Low Beta ETF
GBLO Fund Description
GBLO tracks a revenue-weighted index of S&P 500 stocks with the lowest beta to the broad market.
GBLO Factset Analytics Insight
GBLO is part of a factor-based ETF suite of the issuer, which provides investors low beta market exposure in the large-cap space. With the S&P 500 as its starting universe, the fund is already vetted for criteria such as liquidity and quality. The underlying index is composed of 100 securities whose beta is within the lowest quintile ranking in the S&P 500. Each security’s weighting is assigned in a pro rata basis using their twelve-month trailing revenue. Meaning, each of the 100 securities’ revenue are summed up, then each security’s proportion in the overall sum becomes the security’s weighting. To mitigate concentration risk, the fund adviser caps each security at 5% during quarterly rebalance. In all, GBLO aims to provide investors with downside risk mitigation during periods of high market volatility.
GBLO MSCI ESG Analytics Insight
Global Beta Low Beta ETF has an MSCI ESG Fund Rating of BBB based on a score of 7.42 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 Beta Low Beta ETF ranks in the 77th percentile within its peer group and in the 88th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
GBLO 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.
GBLO Summary Data
GBLO Portfolio Data
GBLO Index Data
GBLO Portfolio Management
GBLO Tax Exposures
GBLO Fund Structure
GBLO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GBLO. GBLO is rated a 4 out of 5.
GBLO Sector/Industry Breakdown
GBLO Economic Development
GBLO Performance Statistics
GBLO MSCI ESG Ratings
GBLO Benchmark Comparison Summary
GBLO Benchmark Comparison Market Cap Size