Industry description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X U.S. High Yield Preferred Index ("underlying index").
The fund will invest 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 tracks the performance of the highest-yielding preferred securities listed in the United States, as determined by Solactive AG, the administrator of the underlying index (“Index Administrator”).
High and low price notable news
The average weekly price growth across all stocks in the Global X SuperIncome™ Preferred ETF ETF was -0%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 15%. RZC experienced the highest price growth at -1%, while RZC experienced the biggest fall at -1%.
Volume
The average weekly volume growth across all stocks in the Global X SuperIncome™ Preferred ETF ETF was 402%. For the same stocks of the ETF, the average monthly volume growth was 202% and the average quarterly volume growth was 133%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 8
P/E Growth Rating: 100
Price Growth Rating: 47
SMR Rating: 94
Profit Risk Rating: 80
Seasonality Score: 33 (-100 ... +100)