Global X SuperDividend REIT ETF ( SRET) Stock. Should you Buy or Sell? $ 8.25
0.16 (1.90 %)
Global X SuperDividend REIT ETF AnalysisUpdated on 10-09-2022
|Volume Avg.||$143.65 thousand|
|Market Cap||$190.01 M|
|52 Week Range||$7.55 - $9.96|
Global X SuperDividend REIT ETF opened the day at $8.25 which is +'1.90 % on yesterday's close. Global X SuperDividend REIT ETF has a 52 week high of $9.96 and 52 week low of $7.55, which is a difference of $2.41. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $190.01 M and total net profit is $0 which means the company is trading at inf times profit to market capitalization. Theoretically, if you were to buy Global X SuperDividend REIT ETF for $190.01 M, it would take 15 years to get your money back. Global X SuperDividend REIT ETF are in the space which will have a sweet spot and industry standard for net profit multiples.
Global X SuperDividend REIT ETF Stock Forecast - Is Global X SuperDividend REIT ETF a Buy or Sell?
Growth and Value
|Net Profit Margin||0.000|
Valuing Global X SuperDividend REIT ETF
|Price Book Value Ratio||0.000||Price To Book Ratio||0.000|
|Price To Sales Ratio||0.000||Price Earnings Ratio||0.000|
How liquid is Global X SuperDividend REIT ETF
|Debt Ratio||0.000||Debt Equity Ratio||0.000|
|Long Term Debt To Capitalization||0.000||Total Debt To Capitalization||0.000|
Latest news about Global X SuperDividend REIT ETF
There's a defensive approach to rising interest rates and there's an offensive one — beating them at their own game with more yield. Global X has three options to get supercharged yields if fixed income investors are willing to take on more credit risk.
SRET has a lot of what you'd like, plenty of solid and fairly valued real estate exposures. Many are specialty exposures, and all of them should offer REIT-brand resilience in the current market environment.
The tide could finally be turning in favor of real estate investment trusts (REITs) despite cooling home prices and rising interest rates. REITs were able to post a strong July despite the first half of 2022.
Fixed income investors looking to escape the volatility of the bond markets may want to look at real estate investment trusts (REITs) for more diversification. Rising rates are following home prices higher, which can feed into more income for REITs.
Real estate represents less than 3% of assets in the SPDR S&P 500 ETF (SPY), yet it has long been a far more popular sector in advisor-led portfolios. At VettaFi, we saw a spike in interest for real estate sector ETFs during the second quarter in 2022 relative to the first quarter.
About Global X SuperDividend REIT ETF
The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index tracks the performance of REITs that rank among the highest yielding REITs globally, as determined by Solactive AG, the provider of the underlying index.