Key stats
About Global X Innovative Bluechip Top 10 Index ETF Trust Unit A
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Inception date
May 15, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
ISIN
CA37964W1059
The fund provides exposure to 10 large-cap companies that are expected to lead innovation across the sub-themes of AI & Big Data, Semiconductors, Health Care & Biotechnology, and Next Generation Mobility, Battery &Renewable Energy. The fund aims to hold the top 10 thematic stocks that have dominant business positions and consistent growth within their industry. Stocks are screened based on fundamental requirements that include market cap, liquidity, return on capital, and sales growth. Only pure-play companies that derive at least 50% of revenues from at least one sub-theme are considered. The two largest companies for each sub-theme are first selected, with the remainder consequently chosen by market cap. The fund sets limits each sub-theme by 40% and stocks from developed markets are capped by 70%. The portfolio is weighted equally. The index is rebalanced and reconstituted semi-annually in March and September.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Producer Manufacturing
Health Technology
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TTTX trades at 28.65 CAD today, its price has risen 4.75% in the past 24 hours. Track more dynamics on TTTX price chart.
TTTX net asset value is 28.56 today — it's risen 12.66% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TTTX assets under management is 5.61 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TTTX price has risen by 13.92% over the last month, and its yearly performance shows a 28.25% increase. See more dynamics on TTTX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.66% over the last month, showed a 20.01% increase in three-month performance and has increased by 17.39% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.66% over the last month, showed a 20.01% increase in three-month performance and has increased by 17.39% in a year.
TTTX fund flows account for 29.61 K CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TTTX invests in stocks. See more details in our Analysis section.
TTTX expense ratio is 0.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TTTX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TTTX technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TTTX shows the strong buy signal. See more of TTTX technicals for a more comprehensive analysis.
Today, TTTX technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TTTX shows the strong buy signal. See more of TTTX technicals for a more comprehensive analysis.
No, TTTX doesn't pay dividends to its holders.
TTTX trades at a premium (0.30%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TTTX shares are issued by Mirae Asset Global Investments Co., Ltd.
TTTX follows the Mirae Asset Global Innovative Bluechip Top 10 Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 15, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.