Global X Fertilizers/Potash ETF (SOIL)
Global X Fertilizers/Potash ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $8.16, up 0.52% on the session, giving a market capitalisation of $8.5M. Its beta of 1.12 implies it has historically moved more than the broad market.
This investment product aims to mirror the price appreciation and yield production of the Solactive Global Fertilizers/Potash Total Return Index, before any deduction for operational costs. To achieve this, it allocates at least 80% of its total capital to the securities that constitute the underlying index, as well as to American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) representing those same constituents. The Solactive index itself is designed to track the performance of the world's largest publicly traded companies involved in various aspects of the fertilizer and potash industry. It functions as a non-diversified fund.
Global X Fertilizers/Potash ETF is most often compared with the following Financial Services names: