GLIF
AGFiQ Global Infrastructure ETF
GLIF utilizes a proprietary, multi-factor investment process to seek long-term capital appreciation by investing primarily in global equity securities in the infrastructure industry.
Fund Basics
Fund sponsor | FQF Trust |
Category | Global Equities |
Asset class | Equity |
Website | link... |
Inception date | May 22, 2019 |
Assets (mns) | $4 |
Expense ratio | 45 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Proprietary |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
ENBRIDGE INC | 6.1 % |
VINCI SA | 4.4 % |
ONEOK INC | 3.3 % |
KINDER MORGAN INC | 3.1 % |
CHENIERE ENERGY INC | 3.0 % |
NATIONAL GRID PLC | 2.9 % |
AENA SA | 2.8 % |
AMERICAN WATER WORKS CO INC | 2.6 % |
NEXTERA ENERGY GROUP | 2.4 % |
AMERICAN TOWER CORP-CL A | 2.4 % |
Constituent Breakdown
Number of holdings | 104 |
Herfindahl-Hirschman Index | 171 |
Wgt avg mkt cap (mns) | $82,825 |
Large cap (>$10bn) | 62.4% |
Mid cap ($2-10bn) | 20.6% |
Small cap (<$2bn) | 2.5% |
Developed mkts. | 94.4% |
Emerging mkts. | 5.6% |
Country Exposure
UNITED STATES | 43.1 % | |
CANADA | 11.2 % | |
FRANCE | 6.1 % | |
SPAIN | 5.6 % | |
ITALY | 3.6 % | |
BRITAIN | 3.1 % | |
AUSTRALIA | 2.9 % | |
JAPAN | 2.5 % | |
MEXICO | 2.4 % | |
CHINA | 1.6 % |
Historical Performance
Standardized Annual Returns (as of 08/31/2023)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
1.5% | -4.1% | -2.7% | 4.6% | -- | -- | 2.8% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.82 | 76% |
MSCI EAFE | 0.80 | 77% |
MSCI Emg Mkts | 0.63 | 45% |
Liquidity Measures
Avg. volume (000) | 1 |
Turnover | 0.7% |
Avg. Bid/Ask (% of price) | 0.46% |
ADV of underlying (mns) | $13,921 |
Technical Indicators
Recent close | $25.02 |
30d moving avg. | $24.96 |
Annualized volatility | 16.7% |
Relative strength (RSI) | 52 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. GLIF |
Expenses vs. GLIF |
ALTAR Score™ vs. GLIF |
---|---|---|---|---|
TOLZ | ProShares DJ Brookfield Global Infrastructure ETF | 49.8% | +2 bp | +0.4% |
IGF | iShares Global Infrastructure ETF | 40.9% | -4 bp | -0.3% |
GII | SPDR S&P Global Infrastructure ETF | 40.4% | -5 bp | -0.1% |
NFRA | FlexShares STOXX Global Broad Infrastructure Index Fund | 29.3% | +2 bp | +3.4% |
JXI | iShares Global Utilities ETF | 24.7% | -2 bp | +1.2% |
TPYP | Tortoise North American Pipeline Fund | 22.5% | -5 bp | -0.1% |
GREI | Goldman Sachs Future Real Estate and Infrastructure Equity E | 21.6% | +30 bp | -2.0% |
IVRA | Invesco Real Assets ESG ETF | 20.6% | +14 bp | +1.9% |
EMLP | First Trust North American Energy Infrastructure Fund | 20.4% | +50 bp | 0.0% |
RBLD | First Trust Alerian US NextGen Infrastructure ETF | 19.9% | +20 bp | -0.2% |
Risk and Returns: GLIF 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
---|---|---|---|---|---|---|---|---|
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2022 | 2023E | Fwd Est | 2024E | |
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 9/20/2023
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
GLIF
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
GLIF
5.5%
Cat. Avg
4.1%
Fund Category: Global Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 5.5% |
Recommendation
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
Category Overview
There are 345 funds in the Global Equities category, with an average ALTAR Score™
of 4.1% and a standard deviation of
5.0%. GLIF's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places GLIF in the 61st percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
GLIF
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
GLIF | 45.0 | 45.8 | 90.8 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .