Notable companies
The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Kinder Morgan (NYSE:KMI), Plains All American Pipeline LP (NASDAQ:PAA).
Industry description
The investment seeks to track, before fees and expenses, the price and yield performance of the Indxx SuperDividend® Alternatives Index ("underlying index").
The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is intended to provide exposure to five income-producing categories: Master Limited Partnerships ("MLPs") and Infrastructure, Real Estate, Preferreds, Emerging Market Bonds and Covered Calls.
Market Cap
The average market capitalization across the Global X Alternative Income ETF ETF is 16.68B. The market cap for tickers in the group ranges from 1.31B to 63.68B. EPD holds the highest valuation in this group at 63.68B. The lowest valued company is SPH at 1.31B.
High and low price notable news
The average weekly price growth across all stocks in the Global X Alternative Income ETF ETF was -1%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was 7%. SR experienced the highest price growth at 4%, while SPH experienced the biggest fall at -6%.
Volume
The average weekly volume growth across all stocks in the Global X Alternative Income ETF ETF was -14%. For the same stocks of the ETF, the average monthly volume growth was 9% and the average quarterly volume growth was 0%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 26
P/E Growth Rating: 48
Price Growth Rating: 43
SMR Rating: 69
Profit Risk Rating: 52
Seasonality Score: 19 (-100 ... +100)