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AGNG
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Global X Aging Population ETF (AGNG)

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$31.1
Delayed price
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PASS
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

04/01/2025: AGNG (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type ETF
Historic Profit 6.16%
Avg. Invested days 57
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Volume (30-day avg) 6163
Beta 0.75
52 Weeks Range 27.78 - 33.48
Updated Date 04/2/2025
52 Weeks Range 27.78 - 33.48
Updated Date 04/2/2025

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Global X Aging Population ETF

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ETF Overview

overview logo Overview

The Global X Aging Population ETF (GNGE) seeks to invest in companies positioned to benefit from demographic trends associated with global aging. It targets sectors like healthcare, assisted living, pharmaceuticals, and related services. The ETF invests in a basket of global equities.

reliability logo Reputation and Reliability

Global X is a well-known ETF provider with a solid reputation for thematic and innovative ETFs.

reliability logo Management Expertise

Global X has a dedicated team of investment professionals with expertise in thematic investing and ETF management.

Investment Objective

overview logo Goal

The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Longevity Thematic Index.

Investment Approach and Strategy

Strategy: The ETF tracks the Indxx Global Longevity Thematic Index, a market-capitalization weighted index designed to track the performance of companies that facilitate the aging population.

Composition The ETF primarily holds global equities in sectors that are expected to benefit from an aging population, such as healthcare, pharmaceuticals, and senior living.

Market Position

Market Share: Data not readily available.

Total Net Assets (AUM): 23060000

Competitors

overview logo Key Competitors

  • IDV (iShares International Select Dividend ETF)
  • JHMD (John Hancock Multifactor Developed International ETF)
  • EFA (iShares MSCI EAFE ETF)

Competitive Landscape

The competitive landscape includes ETFs focusing on global equity or dividend strategies. GNGE offers a niche focus on the aging population theme. Advantages include its thematic focus, while disadvantages include potentially higher volatility compared to broad market ETFs due to its concentration.

Financial Performance

Historical Performance: Historical performance data requires specific date ranges and is best accessed via financial data providers.

Benchmark Comparison: Benchmark comparison requires access to the Indxx Global Longevity Thematic Index performance data.

Expense Ratio: 0.5

Liquidity

Average Trading Volume

The ETF's average trading volume is moderate, which impacts its liquidity.

Bid-Ask Spread

The bid-ask spread can vary but remains quite tight, indicating reasonable trading costs.

Market Dynamics

Market Environment Factors

Economic indicators, healthcare spending trends, and demographic shifts all influence GNGE. Current market conditions favoring healthcare and defensive sectors may benefit the ETF.

Growth Trajectory

Growth is tied to the increasing global aging population and related healthcare expenditures. No significant changes to strategy or holdings reported.

Moat and Competitive Advantages

Competitive Edge

GNGE's competitive advantage lies in its thematic focus on the aging population, offering investors targeted exposure to this long-term demographic trend. The ETF benefits from Global X's expertise in thematic investing. The fund offers a specialized focus, however, this may come with a higher tracking error than its broader based competitors. This targeted strategy enables investors to capitalize on specific investment strategies.

Risk Analysis

Volatility

GNGE's volatility can be higher compared to broad market ETFs due to its concentrated sector exposure.

Market Risk

Market risk is primarily tied to healthcare sector performance, regulatory changes, and global economic conditions.

Investor Profile

Ideal Investor Profile

The ideal investor is someone seeking long-term growth opportunities linked to demographic shifts. Investors who are focused on the megatrend of aging populations would be interested in this ETF.

Market Risk

GNGE is suitable for long-term investors with a moderate risk tolerance seeking thematic exposure.

Summary

The Global X Aging Population ETF (GNGE) provides targeted exposure to companies poised to benefit from global aging trends. It offers a niche thematic investment strategy, suitable for long-term growth-oriented investors seeking exposure to the healthcare and related sectors. Compared to broad market ETFs, GNGE can exhibit higher volatility due to its focused sector allocation. The ETF's success depends on the continued growth of the aging population and the corresponding demand for healthcare and related services.

Similar Companies

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  • PJP
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Sources and Disclaimers

Data Sources:

  • Global X ETFs Website
  • ETF.com
  • Yahoo Finance
  • Morningstar

Disclaimers:

Data is based on available information and may be subject to change. Investment decisions should be based on thorough research and consultation with a financial advisor. Market share data is estimated and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Global X Aging Population ETF

Exchange NASDAQ
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund invests more than 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to exchange-listed companies in developed markets that facilitate the demographic trend of longer average life spans and the aging of the global population, including but not limited to companies involved in biotechnology, medical devices, pharmaceuticals, senior living facilities and specialized health care services.

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