Global X Aging Population ETF (LNGR)
Global X Aging Population ETF operates in the Asset Management - Global industry of the Financial Services sector. The stock last traded at $27.75, up 1.10% on the session, giving a market capitalisation of $39.4M. Its beta of 0.82 implies it has historically moved less than the broad market.
The Global X Aging Population ETF (LNGR) is designed to track the performance, both in price appreciation and income generation, of the Indxx Global Longevity Thematic Index, prior to any management fees or operational expenses. To achieve this, it allocates over 80% of its total assets directly into the constituent securities of that benchmark. This underlying index targets publicly traded companies located in developed economies. These companies are strategically positioned to benefit from the growing demographic trend of increased human longevity and the global aging population. This encompasses various sectors such as biotechnology, innovative medical devices, pharmaceutical research and development, senior care facilities, and specialized healthcare providers.
Global X Aging Population ETF is most often compared with the following Financial Services names: