Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
You take care of your investments. We like that.
Upgrade to Premium to access your Watchlist and more.
Global X S&P Catholic Values Developed ex-U.S. ETF
ETF
CEFA
Payout Change
Pending
Price as of:
$31.0684
+0.05
+0.17%
primary theme
International Large-Cap Blend Equity
CEFA (ETF)
Global X S&P Catholic Values Developed ex-U.S. ETF
Payout Change
Pending
Price as of:
$31.0684
+0.05
+0.17%
primary theme
International Large-Cap Blend Equity
CEFA (ETF)
Global X S&P Catholic Values Developed ex-U.S. ETF
Payout Change
Pending
Price as of:
$31.0684
+0.05
+0.17%
primary theme
International Large-Cap Blend Equity
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
7.4%
1 yr return
17.2%
3 Yr Avg Return
0.4%
5 Yr Avg Return
N/A
Net Assets
$10.1 M
Holdings in Top 10
18.6%
52 WEEK LOW AND HIGH
$31.0
$26.97
$33.00
Expenses
OPERATING FEES
Expense Ratio 0.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CEFA - Profile
Distributions
- YTD Total Return 7.4%
- 3 Yr Annualized Total Return 0.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.22%
- Dividend Yield 4.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGlobal X S&P Catholic Values Developed ex-U.S. ETF
-
Fund Family NameGlobal X Funds
-
Inception DateJun 22, 2020
-
Shares Outstanding229979
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerWayne Xie
Fund Description
The Fund invests at least 80% of its total assets, plus borrowings for investment purposes (if any), in the securities of the S&P Developed ex-U.S. Catholic Values Index ("Underlying Index") and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the Underlying Index. The Fund's 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed.
The Underlying Index is designed to provide exposure to developed market equity securities outside the U.S. while maintaining alignment with the moral and social teachings of the Catholic Church. The Underlying Index is based on the S&P EPAC ex-Korea Large Cap Index, a benchmark index that provides exposure to the large capitalization segment of developed markets within the Europe and Asia Pacific regions, excluding Korea. The S&P EPAC ex-Korea Large Cap Index does not target any specific sector exposure. All index constituents are members of the S&P EPAC ex-Korea Large Cap Index and follow the eligibility criteria for that index. From this starting universe, constituents are screened to exclude companies involved in activities which are perceived to be inconsistent with Catholic values as outlined in the Socially Responsible Investment Guidelines of the United States Conference of Catholic Bishops ("USCCB"). As of September 18th, 2023, the activities screened for constituents’ exclusion by the S&P EPAC ex-Korea Large Cap Index included Abortion, Contraceptives, Human Embryonic Stem Cells, Adult Entertainment, Controversial Weapons, Military Contracting, Gambling, Tobacco, Cannabis, and Child Labor. The Underlying Index then reweights the remaining constituents so that the Underlying Index’s sector exposures match the current sector exposures of the S&P EPAC ex-Korea Large Cap Index. The Underlying Index is sponsored by Standard & Poor’s Financial Services LLC (the "Index Provider"), which is an organization that is independent of, and
unaffiliated with, the Fund and Global X Management Company LLC, the investment adviser for the Fund ("Adviser"). The Index Provider determines the relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. As of December 31, 2023, the Underlying Index had 406 constituents. The Fund's investment objective and Underlying Index may be changed without shareholder approval.
The Adviser uses a "passive" or indexing approach to try to achieve the Fund's investment objective. Unlike many investment companies, the Fund does not try to outperform the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued.
The Fund generally will use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Underlying Index in approximately the same proportions as in the Underlying Index. However, the Fund may utilize a representative sampling strategy with respect to the Underlying Index when a replication strategy might be detrimental or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Underlying Index, in instances in which a security in the Underlying Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Underlying Index.
The Adviser expects that, over time, the correlation between the Fund's performance and that of the Underlying Index, before fees and expenses, will exceed 95%. A correlation percentage of 100% would indicate perfect correlation. If the Fund uses a replication strategy, it can be expected to have greater correlation to the Underlying Index than if it uses a representative sampling strategy.
The Fund concentrates its investments (i.e., holds 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. As of December 31, 2023, the Underlying Index was not concentrated in any industry.
CEFA - Performance
Return Ranking - Trailing
| Period | CEFA Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.4% | -4.9% | 30.8% | 54.24% |
| 1 Yr | 17.2% | -1.8% | 38.5% | 59.63% |
| 3 Yr | 0.4%* | -17.1% | 45.5% | 68.36% |
| 5 Yr | N/A* | -34.2% | 74.6% | 71.06% |
| 10 Yr | N/A* | 0.8% | 31.9% | 82.31% |
* Annualized
Return Ranking - Calendar
| Period | CEFA Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.6% | -1.4% | 22.0% | 31.59% |
| 2022 | -18.6% | -43.6% | 71.3% | 59.03% |
| 2021 | 4.3% | -28.5% | 18.9% | 54.63% |
| 2020 | N/A | -90.1% | 992.1% | N/A |
| 2019 | N/A | -1.9% | 38.8% | N/A |
Total Return Ranking - Trailing
| Period | CEFA Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.4% | -4.9% | 30.8% | 54.24% |
| 1 Yr | 17.2% | -1.8% | 38.5% | 59.63% |
| 3 Yr | 0.4%* | -17.1% | 45.5% | 68.36% |
| 5 Yr | N/A* | -34.2% | 74.6% | N/A |
| 10 Yr | N/A* | 0.8% | 31.9% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | CEFA Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.4% | 3.2% | 23.8% | 33.59% |
| 2022 | -16.7% | -43.6% | 144.8% | 62.64% |
| 2021 | 6.7% | -22.6% | 56.0% | 82.43% |
| 2020 | N/A | -89.7% | 1010.8% | N/A |
| 2019 | N/A | 4.3% | 38.8% | N/A |
CEFA - Holdings
Concentration Analysis
| CEFA | Category Low | Category High | CEFA % Rank | |
|---|---|---|---|---|
| Net Assets | 10.1 M | 3.3 M | 425 B | 97.40% |
| Number of Holdings | 401 | 1 | 10481 | 27.72% |
| Net Assets in Top 10 | 1.86 M | 1.01 M | 47.5 B | 98.93% |
| Weighting of Top 10 | 18.55% | 4.6% | 147.7% | 67.49% |
Top 10 Holdings
- CSL LTD COMMON STOCK 3.11%
- ASML HOLDING NV COMMON STOCK 2.57%
- ESSILORLUXOTTICA COMMON STOCK 2.09%
- TOYOTA MOTOR CORP COMMON STOCK 1.78%
- UNILEVER PLC COMMON STOCK 1.63%
- SHELL PLC COMMON STOCK 1.57%
- ALCON INC COMMON STOCK 1.51%
- SAP SE COMMON STOCK 1.50%
- HOYA CORP COMMON STOCK 1.41%
- LVMH MOET HENNESSY LOUIS VUI COMMON STOCK 1.39%
Asset Allocation
| Weighting | Return Low | Return High | CEFA % Rank | |
|---|---|---|---|---|
| Stocks | 99.28% | 0.00% | 102.63% | 11.03% |
| Preferred Stocks | 0.41% | -0.05% | 6.57% | 38.44% |
| Cash | 0.32% | 0.00% | 44.84% | 91.27% |
| Other | 0.00% | -2.12% | 69.93% | 66.77% |
| Convertible Bonds | 0.00% | 0.00% | 4.18% | 41.78% |
| Bonds | 0.00% | 0.00% | 79.43% | 44.56% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CEFA % Rank | |
|---|---|---|---|---|
| Financial Services | 18.05% | 0.00% | 47.75% | 47.25% |
| Industrials | 13.77% | 5.17% | 99.49% | 60.28% |
| Healthcare | 13.71% | 0.00% | 20.35% | 24.02% |
| Consumer Cyclical | 11.53% | 0.00% | 36.36% | 24.65% |
| Consumer Defense | 10.75% | 0.00% | 32.29% | 24.96% |
| Technology | 8.58% | 0.00% | 36.32% | 75.98% |
| Basic Materials | 7.63% | 0.00% | 23.86% | 61.07% |
| Communication Services | 5.25% | 0.00% | 21.69% | 69.07% |
| Energy | 5.22% | 0.00% | 16.89% | 41.92% |
| Utilities | 3.43% | 0.00% | 13.68% | 26.53% |
| Real Estate | 2.08% | 0.00% | 14.59% | 46.31% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CEFA % Rank | |
|---|---|---|---|---|
| Non US | 97.23% | 0.00% | 99.44% | 13.94% |
| US | 2.04% | 0.00% | 102.01% | 70.14% |
CEFA - Expenses
Operational Fees
| CEFA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.35% | 0.01% | 19.62% | 86.35% |
| Management Fee | 0.35% | 0.00% | 1.65% | 19.26% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
| CEFA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| CEFA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| CEFA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 2.00% | 247.00% | N/A |
CEFA - Distributions
Dividend Yield Analysis
| CEFA | Category Low | Category High | CEFA % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.34% | 0.00% | 17.49% | 49.62% |
Dividend Distribution Analysis
| CEFA | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
| CEFA | Category Low | Category High | CEFA % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.22% | -0.93% | 6.38% | 28.41% |
Capital Gain Distribution Analysis
| CEFA | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Monthly | Semi-Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 27, 2024 | $0.674 | OrdinaryDividend |
| Dec 28, 2023 | $0.324 | OrdinaryDividend |
| Jun 29, 2023 | $0.370 | OrdinaryDividend |
| Dec 29, 2022 | $0.222 | OrdinaryDividend |
| Jun 29, 2022 | $0.384 | OrdinaryDividend |
| Dec 30, 2021 | $0.403 | OrdinaryDividend |
| Jun 29, 2021 | $0.337 | OrdinaryDividend |
| Dec 30, 2020 | $0.256 | OrdinaryDividend |
CEFA - Fund Manager Analysis
Managers
Wayne Xie
Start Date
Tenure
Tenure Rank
Jun 22, 2020
1.94
1.9%
Wayne Xie joined the Global X Management Company LLC in July 2018 as a Portfolio Management Associate. Previously, Mr. Xie was an Analyst at VanEck Associates on the Equity ETF Investment Management team from 2010 to 2018 and a Portfolio Administrator at VanEck Associates from 2007 to 2010. Mr. Xie received his BS in Business Administration from State University of New York at Buffalo.
Kimberly Chan
Start Date
Tenure
Tenure Rank
Jun 22, 2020
1.94
1.9%
Kimberly Chan is a Portfolio Management Associate. Previously, Ms. Chan was a US Associate Trader at Credit Agricole from 2016 to 2018, and an Investment Analyst at MetLife Investments from 2015 to 2016. Ms. Chan received her Bachelor of Science from New York University in 2015.
Nam To
Start Date
Tenure
Tenure Rank
Jun 22, 2020
1.94
1.9%
Nam To, CFA, joined Global X Management Company LLC in July 2017 as a Portfolio Management Analyst. Mr. To has been a Portfolio Manager of the Fund since March 1, 2018. Previously, Mr. To was a Global Economics Research Analyst at Bunge Limited from 2014 through 2017 and an Advisory and Investment Analyst at Horizon Capital Group from June 2013 through August 2013. Mr. To received his Bachelor of Arts in Philosophy and Economics from Cornell University in 2014.
Vanessa Yang
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Vanessa Yang, Portfolio Management Associate, joined Global X Management Company LLC in 2016 as a Portfolio Administrator. She was appointed to the portfolio management team in June 2019. Previously, Ms. Yang was a Portfolio Administrator at VanEck Associates from 2011 to 2014. Ms. Yang received her MS in Financial Engineering from Drucker School of Management in 2010 and her BS in Economics from Guangdong University of Foreign Studies in 2008.
Sandy Lu
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
Sandy Lu, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Lu worked at PGIM Fixed Income from 2014 to 2021, where he led the portfolio analyst team covering Emerging Markets Debt. He began his career in 2010 as an Investment Analyst at Lincoln Financial Group. Mr. Lu graduated with a B.S. in Economics from the Wharton School of the University of Pennsylvania. He earned his CFA designation in September 2015, and holds the Series 3 license.
William Helm
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
William Helm, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Helm spent 14 years at Vanguard where he most recently served as an Equity Portfolio Manager and Trader. Previously, he held roles in Portfolio Review, Corporate Strategy and Corporate Finance. Mr. Helm received his BBA in Economics from Belmont University in 2007 and his MBA from Columbia Business School in 2020.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.35 | 6.35 | 3.25 |
