Global X Scientific Beta US ETF (SCIU)
Global X Scientific Beta US ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $33.48, down 0.06% on the session, giving a market capitalisation of $26.4M. Its beta of 1.01 implies it has historically moved more than the broad market.
The fund aims to closely mirror the overall performance—encompassing both price appreciation and income yield—of the Scientific Beta United States Multi-Beta Multi-Strategy Four-Factor Equal Risk Contribution (ERC) Index, prior to accounting for its own fees and expenses. To achieve this objective, the ETF dedicates a minimum of 80% of its total assets to investing in the constituent securities of this benchmark index. The underlying index itself typically comprises approximately 500 or fewer common stocks listed on U.S. exchanges, which are chosen based on an exclusive, proprietary selection methodology created by EDHEC Risk Institute Asia Ltd.
Global X Scientific Beta US ETF is most often compared with the following Financial Services names: