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ETFs

Global X Funds Global X Health & Wellness ETF

BFIT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 09 2016
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$89,163
AUM
$10,501,072
Associated Index
Indxx Global Health & Wellness Thematic Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

CELH
Celsius Holdings Inc
6.43%
LULU
Lululemon Athletica inc.
3.60%
PUM
Puma SE
3.52%
7936
Asics Corporation
3.48%
ADS
Adidas AG
3.27%
SKX
Skechers U S A, Inc. - Ordinary Shares - Class A
3.20%
ONON
On Holding AG - Ordinary Shares Class A
3.15%
9910
Feng Tay Enterprise
2.94%
JD.
JD Sports Fashion plc.
2.91%
BN
Danone
2.91%
Invest with BFIT

What is BFIT?

The Global X Health & Wellness ETF (BFIT) seeks to harness the effects of changing consumer lifestyles by investing in companies geared toward promoting physical activity and well-being. The Indxx Global Health & Wellness Thematic Index is designed to track the performance of companies listed in developed markets that provide products and services aimed at promoting physical wellness through active and healthy lifestyles, including but not limited to fitness equipment and technology, athletic apparel, nutritional supplements, and organic/ natural food offerings.

ETFs related toBFIT

ETFs correlated to BFIT include VT, IXUS, SPGM

BFIT
Global X Funds - Global X Health & Wellness ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBFIT

#DGE

Diversify with Global Exposure

Category

Momentum, Tactical Asset Allocation, Go Global, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BFIT using Composer

FAQ

BFIT is a Global Equities ETF. The Global X Health & Wellness ETF (BFIT) seeks to harness the effects of changing consumer lifestyles by investing in companies geared toward promoting physical activity and well-being. The Indxx Global Health & Wellness Thematic Index is designed to track the performance of companies listed in developed markets that provide products and services aimed at promoting physical wellness through active and healthy lifestyles, including but not limited to fitness equipment and technology, athletic apparel, nutritional supplements, and organic/ natural food offerings.

BFIT tracks the Indxx Global Health & Wellness Thematic Index.

No, BFIT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BFIT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BFIT is -0.0229%. This is the percent change in the value of BFIT over the most recent 1-month period. The 3-month return on BFIT is -0.0573%. This is the percent change in the value of BFIT over the most recent 3-month period.

The standard deviation of BFIT for the past year is 0.2164%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BFIT include PBW, IGF, and ARKK.

ETFs correlated to BFIT include VT, IXUS, and SPGM.

ETFs that are inversely correlated to BFIT include EFZ, HIBS, and EPV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.