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Global X PureCap ETFs (Alternatives for MSCI 25/50 ETFs)

yogibearbullyogibearbull
edited August 4 in Fund Discussions
Global X has come up with PureCap ETFs that combine the use of sampling & indexed ETFs to achieve pure (uncapped) sector cap alternatives to MSCI 25/50 indexes (capped; related ETFs within parentheses): consumer discretionary GXPD (vs VCR, FDIS), communication services GXPC (vs VOX, FCOM), information technology GXPT (VGT, FTEC), consumer Staples GXPS (VDC, FSTA) & energy GXPE (vs VDE, FENY).
WSJ (subscription) https://www.globalxetfs.com/articles/introducing-the-global-x-pure-cap-sm-suite-exploring-innovation-beyond-traditional-sector-investing
More https://ybbpersonalfinance.proboards.com/post/2131/thread

Comments

  • BenWPBenWP
    If concentration is purity, then you may be drawn to GXPT (Information Tech) of which the first three holdings are:

    NVDA 23.48%
    MSFT 20.16%
    APPL 16.47%

    I didn't check the other funds' holdings.
  • yogibearbullyogibearbull
    The most concentrated sectors are IT/tech, communications and energy and these uncapped GXP? will have full concentrations.
  • rforno
    edited August 7
    It does emphasize what many of us know, that the indices are being driven by 2-3 major players, with the rest just plodding along behind them at some distance or other.
  • rforno
    Took a flyer on 500s this morning
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