Skip to Content
ETFs

Global X Funds Global X Education ETF

EDUT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 10 2020
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$8,918
AUM
$3,100,383
Associated Index
Indxx Global Education Thematic Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

EDU
New Oriental Education & Technology Group Inc. - ADR
10.47%
PSON
PEARSON PLC
9.15%
IEL
IDP Education Limited
7.66%
BFAM
Bright Horizons Family Solutions, Inc.
7.02%
1797
East Buy Holding Limited
6.85%
DUOL
Duolingo Inc - Ordinary Shares - Class A
6.57%
BAND
Bandwidth Inc - Ordinary Shares - Class A
5.29%
TAL
TAL Education Group - ADR
4.91%
EGHT
8X8 Inc.
4.84%
ZM
Zoom Video Communications Inc - Ordinary Shares - Class A
3.45%
Invest with EDUT

What is EDUT?

The Global X Education ETF (EDUT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Education Thematic Index. The objective of the Underlying Index is to provide exposure to exchange-listed companies globally that provide educational products and services, including companies primarily involved in digital learning and educational content/publishing, as well as early childhood education, secondary education, higher education, professional education and enterprise video and chat communication platforms, (collectively, "Education Companies"), as defined by Indxx, LLC, the provider of the Underlying Index ("Index Provider").

ETFs related toEDUT

ETFs correlated to EDUT include FPXI, IPO, IBUY

EDUT
Global X Funds - Global X Education ETF
FPXI
First Trust Exchange-Traded Fund II - First Trust International Equity Opportunities ETF
IPO
Renaissance Capital Greenwich Funds - Renaissance IPO ETF
IBUY
Amplify ETF Trust - Amplify Online Retail ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
ESPO
VanEck ETF Trust - VanEck Video Gaming and eSports ETF
ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF
GBUY
Goldman Sachs ETF Trust - Goldman Sachs Future Consumer Equity ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation 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 toEDUT

#SIN

Safety in Sin Stocks

Category

Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EDUT using Composer

FAQ

EDUT is a Global Equities ETF. The Global X Education ETF (EDUT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Education Thematic Index. The objective of the Underlying Index is to provide exposure to exchange-listed companies globally that provide educational products and services, including companies primarily involved in digital learning and educational content/publishing, as well as early childhood education, secondary education, higher education, professional education and enterprise video and chat communication platforms, (collectively, "Education Companies"), as defined by Indxx, LLC, the provider of the Underlying Index ("Index Provider").

EDUT tracks the Indxx Global Education Thematic Index.

No, EDUT 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, EDUT 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 EDUT is -0.1125%. This is the percent change in the value of EDUT over the most recent 1-month period. The 3-month return on EDUT is -0.1277%. This is the percent change in the value of EDUT over the most recent 3-month period.

The standard deviation of EDUT for the past year is 0.3493%. 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 EDUT include TAN, EFG, and PBW.

ETFs correlated to EDUT include FPXI, IPO, and IBUY.

ETFs that are inversely correlated to EDUT include SARK, HIBS, and EDZ.

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.