ASEA
Global X FTSE Southeast Asia ETF
Global X FTSE Southeast Asia ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the FTSE Southeast Asia Index.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
59.3 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Fund sponsor | Global X Management Co LLC |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Feb 16, 2011 |
| Assets (mns) | $59 |
| Expense ratio | 65 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| DBS GROUP HOLDINGS LTD | 11.9 % |
| OVERSEA-CHINESE BANKING CORP | 8.2 % |
| BANK CENTRAL ASIA PT | 7.7 % |
| UNITED OVERSEAS BANK LTD | 6.0 % |
| BANK RAKYAT INDONESIA | 4.6 % |
| BANK MANDIRI TBK | 4.1 % |
| MALAYAN BANKING BHD | 3.8 % |
| SINGAPORE TELECOMMUNICATIONS LIMITED | 3.7 % |
| PUBLIC BANK BHD-FOREIGN MKT | 3.3 % |
| CIMB GROUP HOLDINGS BHD | 3.2 % |
Constituent Breakdown
| Number of holdings | 39 |
| Herfindahl-Hirschman Index | 462 |
| Wgt avg mkt cap (mns) | $38,400 |
| Large cap (>$10bn) | 97.1% |
| Mid cap ($2-10bn) | 2.9% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 37.5% |
| Emerging mkts. | 62.5% |
Country Exposure
 |
SINGAPORE | 36.9 % |
 |
INDONESIA | 22.2 % |
 |
THAILAND | 19.9 % |
 |
MALAYSIA | 16.9 % |
 |
PHILIPPINES | 4.1 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 15.2% | 21.7% | 15.5% | 9.7% | 5.1% | 3.3% | 3.9% | Volatility | 12.7% | 13.1% | 13.3% | 13.4% | 19.1% | 17.8% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.53 | 40% |
| MSCI EAFE | 0.64 | 56% |
| MSCI Emg Mkts | 0.65 | 55% |
Liquidity Measures
| Avg. volume (000) | 91 |
| Turnover | 2.6% |
| Avg. Bid/Ask (% of price) | 0.44% |
| ADV of underlying (mns) | $1,111 |
Technical Indicators
| Recent close | $16.98 |
| 30d moving avg. | $17.27 |
| Annualized volatility | 15.1% |
| Relative strength (RSI) | 49 |
| Short interest (ETF) | 1.9% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ASEA |
Expenses vs. ASEA |
ALTAR Score™ vs. ASEA |
|---|---|---|---|---|
| EWS | iShares MSCI Singapore ETF | 35.2% | -15 bp | -0.8% |
| EIDO | iShares MSCI Indonesia ETF | 21.4% | -6 bp | +0.6% |
| IDX | VanEck Indonesia Index ETF | 21.2% | -8 bp | +1.8% |
| THD | iShares MSCI Thailand ETF | 17.4% | -7 bp | -0.3% |
| EWM | iShares MSCI Malaysia ETF | 16.7% | -15 bp | -0.6% |
| DVYA | iShares Asia/Pacific Dividend ETF | 15.6% | -16 bp | +2.6% |
| EELV | Invesco S&P Emerging Markets Low Volatility ETF | 12.7% | -36 bp | +2.5% |
| OBOR | KraneShares MSCI One Belt One Road Index ETF | 11.1% | +14 bp | +3.7% |
| EDIV | SPDR S&P Emerging Markets Dividend ETF | 10.3% | -16 bp | +5.6% |
Risk and Returns: ASEA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 10/10/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
ASEA
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
ASEA
6.3%
Cat. Avg
7.5%
ALTAR Score™ Calculation
Category Overview
There are 164 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.5% and a standard deviation of
4.1%. ASEA's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places ASEA in the 38th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ASEASELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Emerging Market Equity ETFs |
| # of ETFs | 103 |
| Avg. Expense Ratio | 64.6 bp |
| Std. Deviation | 29 bp |
| ASEA (65 bp) Percentile rank | 51 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| ASEA | 65.0 | 44.1 | 109.1 |
| Peer Avg. | 65.8 | 46.1 | 111.9 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .