GURU

Guru Index ETF

Reasons to Consider GURU

Access Ideas

GURU allows everyday investors to access the high conviction investments of some of the largest, most sophisticated hedge funds in the world.

Alpha Potential

By investing alongside hedge funds, GURU seeks to benefit from their top tier research and knowledge to outperform US equity benchmarks such as the S&P 500.

Cost Efficiency

Traditionally, investing with a hedge fund requires paying an ongoing 2% management fee and 20% of profits. GURU has an expense ratio of 0.75%, potentially allowing for greater cost efficiency, while providing access to hedge fund ideas.

Key Information As of 02/21/25

Inception Date	06/04/12
Total Expense Ratio	0.75%
Net Assets	$48.07 million
NAV	$52.25
Fact Sheet	View the document

ETF Summary

The Global X Guru® Index ETF (GURU) seeks to generate alpha over the broad market by investing in highest conviction ideas from a select pool of hedge funds.

ETF Objective

The Global X Guru® Index ETF (GURU) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Guru Index.

Trading Details As of 02/20/25

Ticker	GURU
Bloomberg Index Ticker	GURU
CUSIP	37950E341
ISIN	US37950E3412
Primary Exchange	NYSE Arca
Shares Outstanding	920,000
Number of Holdings	61
30-Day Median Bid-Ask Spread	0.36%

Distributions As of 02/21/25

30-Day SEC Yield	0.06%
Distribution Frequency	Semi-Annually

ETF Prices As of 02/21/25

NAV	$52.25	Daily Change	-$1.16	-2.17%
Market Price	$52.28	Daily Change	-$1.14	-2.13%

As of recent (12/31/24) As of recent (12/31/24)	Fund NAV	Market Price	Index
1 Year	23.71%	23.76%	24.55%
3 Years	2.11%	2.08%	2.24%
5 Years	7.58%	7.57%	7.67%
10 Years	7.33%	7.32%	7.52%
Since Inception	11.18%	11.17%	11.48%
1 Year	30.69%	30.64%	31.61%
3 Years	7.27%	7.23%	7.41%
5 Years	8.96%	8.97%	9.05%
10 Years	8.53%	8.53%	8.73%
Since Inception	11.56%	11.56%	11.87%
Year-to-Date	23.71%	23.76%	24.55%
1 Month	-5.90%	-6.06%	-5.85%
3 Months	4.31%	4.29%	4.50%
Since Inception	279.30%	279.04%	292.44%
Year-to-Date	5.43%	5.53%	5.48%
1 Month	5.43%	5.53%	5.48%
3 Months	8.95%	8.81%	9.13%
Since Inception	299.89%	300.01%	313.94%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
2.56	BABA	ALIBABA GRP-ADR	BP41ZD1	143.75	8,548	1,228,775.00
2.23	SNOW	SNOWFLAKE INC-CLASS A	BN134B7	177.89	6,012	1,069,474.68
2.04	PTCT	PTC THERAPEUTICS INC	B17VCN9	50.69	19,302	978,418.38
2.00	CEG	CONSTELLATION ENERGY	BMH4FS1	284.44	3,376	960,269.44
1.98	CYBR	CYBERARK SOFTWAR	BQT3XY6	383.29	2,480	950,559.20
1.96	CART	MAPLEBEAR INC	BN4L6W3	52.37	18,029	944,088.59
1.95	SE	SEA LTD-ADR	BYWD7L4	127.62	7,356	938,772.72
1.94	META	META PLATFORMS INC	B7TL820	683.55	1,367	934,412.85
1.94	ESTC	ELASTIC NV	BFXCLC6	106.38	8,773	933,271.74
1.94	RBLX	ROBLOX CORP -CLASS A	BMWBC20	62.51	14,927	933,086.77
1.84	MDGL	MADRIGAL PHARMAC	BD59BS7	336.23	2,624	882,267.52
1.83	ABT	ABBOTT LABORATORIES	2002305	134.92	6,533	881,432.36
1.83	HWM	HOWMET AEROSPACE INC	BKLJ8V2	129.83	6,760	877,650.80
1.80	COST	COSTCO WHOLESALE CORP	2701271	1,035.03	835	864,250.05
1.73	EXE	EXPAND ENERGY CORP	BMZ5LZ5	104.14	7,971	830,099.94
1.72	WELL	WELLTOWER INC	BYVYHH4	148.58	5,567	827,144.86
1.72	TLN	TALEN ENERGY CORP	BRRF114	218.80	3,778	826,626.40
1.72	AAPL	APPLE INC	2046251	245.55	3,365	826,275.75
1.72	POST	POST HOLDINGS INC	B6T0518	115.66	7,134	825,118.44
1.72	ACI	ALBERTSONS COS-A	BYNQ369	20.55	40,106	824,178.30
1.71	EXPE	EXPEDIA GROUP INC	B748CK2	196.81	4,175	821,681.75
1.70	ALTR	ALTAIR ENGINEE-A	BD6D4Y5	111.78	7,298	815,770.44
1.69	ABG	ASBURY AUTOMOTIVE GROUP	2855855	276.37	2,933	810,593.21
1.68	AMZN	AMAZON.COM INC	2000019	216.58	3,737	809,359.46
1.68	MA	MASTERCARD INC - A	B121557	557.51	1,451	808,947.01
1.68	PLD	PROLOGIS INC	B44WZD7	120.97	6,676	807,595.72
1.67	EDR	ENDEAVOR GROUP-A	BJQ05Y5	30.75	26,129	803,466.75
1.67	GWRE	GUIDEWIRE SOFTWARE INC	B7JYSG3	203.71	3,939	802,413.69
1.67	SPGI	S&P GLOBAL INC	BYV2325	533.40	1,504	802,233.60
1.64	STX	SEAGATE TECHNOLO	BKVD2N4	100.85	7,823	788,949.55
1.64	GOOGL	ALPHABET INC-CL A	BYVY8G0	179.66	4,390	788,707.40
1.63	HTZ	HERTZ GLOBAL HLDGS INC	BNM5672	4.18	186,957	781,480.26
1.63	X	UNITED STATES STEEL CORP	2824770	36.96	21,133	781,075.68
1.61	LIN	LINDE PLC	BNZHB81	458.00	1,686	772,188.00
1.60	HES	HESS CORP	2023748	148.11	5,199	770,023.89
1.60	CPNG	COUPANG INC	BNYHDF3	24.82	30,929	767,657.78
1.57	UTHR	UNITED THERAPEUTICS CORP	2430412	361.10	2,084	752,532.40
1.56	ALAB	ASTERA LABS INC	BMTQ7V2	85.72	8,758	750,735.76
1.55	MSFT	MICROSOFT CORP	2588173	408.21	1,824	744,575.04
1.50	CRM	SALESFORCE INC	2310525	309.80	2,328	721,214.40
1.50	INCY	INCYTE CORP	2471950	72.11	9,979	719,585.69
1.50	GDDY	GODADDY INC - CLASS A	BWFRFC6	173.77	4,140	719,407.80
1.50	FOLD	AMICUS THERAPEUTICS INC	B19FQ48	9.19	78,218	718,823.42
1.49	HD	HOME DEPOT INC	2434209	385.30	1,855	714,731.50
1.49	LAD	LITHIA MOTORS INC	2515030	350.14	2,041	714,635.74
1.48	JHG	JANUS HENDERSON GROUP PLC	BYPZJQ6	41.86	17,014	712,206.04
1.48	DAL	DELTA AIR LINES INC	B1W9D46	60.00	11,818	709,080.00
1.45	USB	US BANCORP	2736035	45.87	15,173	695,985.51
1.45	PRKS	UNITED PARKS & R	B84KWJ4	52.36	13,271	694,869.56
1.44	NUVL	NUVALENT INC-A	BMVBZD3	79.49	8,715	692,755.35
1.44	ORCL	ORACLE CORP	2661568	167.81	4,121	691,545.01
1.43	SHW	SHERWIN-WILLIAMS CO/THE	2804211	344.57	1,998	688,450.86
1.40	CARR	CARRIER GLOBAL CORP	BK4N0D7	66.13	10,158	671,748.54
1.38	CMG	CHIPOTLE MEXICAN	B0X7DZ3	51.51	12,914	665,200.14
1.37	CAR	AVIS BUDGET GROUP INC	B1CL8J2	87.10	7,552	657,779.20
1.37	MLTX	MOONLAKE IMMUNOTHERAPEUTI	BNG3F86	42.33	15,505	656,326.65
1.31	PWR	QUANTA SERVICES INC	2150204	269.36	2,342	630,841.12
1.31	GRBK	GREEN BRICK PARTNERS INC	BS7T2R6	57.76	10,901	629,641.76
1.31	THC	TENET HEALTHCARE CORP	B8DMK08	129.60	4,858	629,596.80
1.19	PCG	P G & E CORP	2689560	15.99	35,867	573,513.33
0.86	PI	IMPINJ INC	BYYGJZ9	96.75	4,275	413,606.25
0.06		CASH		1.00	28,751	28,751.09
0.00		OTHER PAYABLE & RECEIVABLES		1.00	-880	-879.84

Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 01/31/25

	Sector	Weight (%)
	Information Technology	20.7
	Consumer Discretionary	16.1
	Health Care	14.6
	Communication Services	9.7
	Industrials	9.4
	Financials	8.3
	Utilities	5.1
	Consumer Staples	5.0
	Materials	4.7
	Real Estate	3.3
	Energy	3.2

Source: new windowAltaVista Research, LLC

	Industry	Weight (%)
	Software & Services	16.0
	Pharmaceuticals, Biotechnology & Life Sciences	11.2
	Consumer Discretionary Distribution & Retail	10.0
	Media & Entertainment	9.5
	Utilities	5.0
	Financial Services	4.9
	Transportation	4.6
	Materials	4.6
	Capital Goods	4.6
	Consumer Services	4.5
	Consumer Staples Distribution & Retail	3.3
	Other	21.8

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 02/21/25

Return on Equity	17.50%
Weighted Avg. Market Cap	376,819 M
	2024	2025
Price-to-earnings	30.98	23.89
Price-to-book value	4.53	3.90

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 01/31/25

Versus	Beta
S&P 500	1.05
NASDAQ-100	0.74
MSCI EAFE	0.94
MSCI Emg. Mkts	0.76
Standard Deviation	19.60%

Source: new windowAltaVista Research, LLC

ETF Documents

Latest Premium / Discount As of 02/21/25

NAV	$52.25
Market Price	$52.28
Premium / (Discount)	$0.03

Current View 2025 Q1 As of 02/21/25

Days at Premium	14
Days at NAV	0
Days at Discount	20
Greatest Premium	0.14%
Greatest Discount	-0.36%

Daily Premium / Discount History As of 02/21/25

Hover over the chart points for details

View Chart Explanation

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Investing involves risk, including the possible loss of principal. The 13F filings used to select the securities in GURU’s Underlying Index are filed by each hedge fund approximately 45 days after the end of each calendar quarter. Therefore a given hedge fund may have already sold its position by the time of the 13F filing. The Fund invests in small and mid-capitalization companies, which have greater volatility and less financial resources than large-capitalization companies. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.

GURU

Guru Index ETF

Reasons to Consider GURU

Access Ideas

Alpha Potential

Cost Efficiency

Key Information As of 02/21/25

ETF Summary

ETF Objective

Trading Details As of 02/20/25

Distributions As of 02/21/25

ETF Prices As of 02/21/25

Performance History

Top Holdings As of 02/21/25

Exposure As of 01/31/25

ETF Characteristics As of 02/21/25

ETF Risk Stats As of 01/31/25

ETF Documents