EDOC

Global X Telemedicine & Digital Health ETF Registered

EDOC invests in companies positioned to benefit from further advances in the field of telemedicine and digital health. This includes companies involved in Telemedicine, Health Care Analytics, Connected Health Care Devices, and Administrative Digitization.


Rules-Based, Concentrated

MANAGEMENT MATRIX

FDHT

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorGlobal X
CategoryGlobal Equities
Asset classEquity
Websitelink...
Inception dateJul 28, 2020
Assets (mns)$52
Expense ratio68 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
Distributions
Taxation1099
Stock selectionProprietary
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
MASIMO CORPORATION 6.0 %
DEXCOM INC 5.8 %
IRHYTHM TECHNOLOGIES, INC. 5.3 %
AGILENT TECHNOLOGIES INC 5.2 %
RESMED INC-CDI 5.0 %
HIMS & HERS HEALTH, INC. CLASS A 4.8 %
DOXIMITY, INC. CLASS A 4.7 %
ILLUMINA INC 4.4 %
TANDEM DIABETES CARE INC 4.2 %
R1 RCM INC 4.1 %
Constituent Breakdown
Number of holdings37
Herfindahl-Hirschman Index 386
Wgt avg mkt cap (mns)$9,948
Large cap (>$10bn)25.7%
Mid cap ($2-10bn)42.7%
Small cap (<$2bn)31.6%
Developed mkts.96.9%
Emerging mkts.3.1%
Country Exposure
UNITED STATES 83.4 %
CHINA 4.9 %
JAPAN 3.0 %
HONG KONG 2.7 %
GERMANY 1.7 %
SOUTH KOREA 0.6 %
Historical Performance


Standardized Annual Returns (as of 02/29/2024)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
0.0% -23.5% -21.4% -23.8% -- -- -14.4%
Market Correlations
versus...BetaR-squared
S&P 5001.0465%
MSCI EAFE1.0459%
MSCI Emg Mkts0.8543%
Liquidity Measures
Avg. volume (000)68
Turnover1.2%
Avg. Bid/Ask (% of price)0.61%
ADV of underlying (mns)$2,194
Technical Indicators
Recent close$9.52
30d moving avg.$8.91
Annualized volatility23.1%
Relative strength (RSI)66
Short interest (ETF)0.1%
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
Risk and Returns: EDOC vs. Comps (1 YR)

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
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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 --%
2.0 188.4 2.6 0.2% --
Based on closing prices from 3/27/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
EDOC



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 Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

EDOC

-4.7%

Cat. Avg

3.6%

Fund Category: Global Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™-4.7%
Recommendation

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.

Category Overview
There are 340 funds in the Global Equities category, with an average ALTAR Score™ of 3.6% and a standard deviation of 4.7%. EDOC's ALTAR Score™ is approximately 1.8 standard deviations below the category average. This places EDOC in the 4th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
EDOC
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
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Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
EDOC 68.0 60.9 128.9
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .
Fundamental data for individual fund constituents sourced from FactSet Research Systems.