Roundhill S&P Global Luxury ETF (LUXX)
Roundhill S&P Global Luxury ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $23.12, down 3.63% on the session, giving a market capitalisation of $1.2M. Its beta of 1.42 implies it has historically moved more than the broad market.
The underlying index comprises equity shares from both domestic and international companies. These firms, which can be of any market capitalization, are primarily involved in manufacturing, distributing, or offering high-end luxury products and services. Typically, the fund allocates a minimum of 80% of its net assets—including any capital borrowed for investment—to the securities that constitute the index or to other instruments, such as American Depositary Receipts (ADRs), that exhibit similar economic attributes. By regulatory definition, this fund is considered non-diversified.
Roundhill S&P Global Luxury ETF is most often compared with the following Financial Services names: