JPMorgan U.S. Sector Rotator Index ETF

Fund Summary

The Global X | JPMorgan U.S. Sector Rotator Index ETF (SCTO) seeks to tactically participate in rising markets through a momentum-based U.S. sector rotation strategy, while defensively shifting up to 100% of its exposure to short-term treasuries in volatile or declining markets.

Fund Objective

The Global X | JPMorgan US Sector Rotator Index ETF (SCTO) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the JPMorgan U.S. Sector Rotator TR Series X Index.


Intelligent Participation

SCTO uses a momentum-based sector rotation strategy to shift exposures on a monthly basis, investing in up to five of the ten eligible U.S. sectors.

Limit Downside Risk

In volatile or declining markets, SCTO will seek to limit downside risk by shifting up to 100% of its assets into short-term treasuries.

Capped Volatility

SCTO seeks to limit equity volatility to a maximum of 20% by allocating assets to short term treasuries in more unstable markets.

Fund Details As of 5/17/19

Key Facts

Ticker SCTO
Inception Date 10/22/14
CUSIP 37950E135
ISIN US37950E1358
Bloomberg Index Ticker JPUSSCTO
Primary Exchange NYSE Arca

Stats & Fees

Net Assets $3,558,060
NAV $23.72
Shares Outstanding 150,000
Total Expense Ratio 0.83%


30-Day SEC Yield 1.30%
Distribution Frequency Semi-Annually

Fund Prices As of 5/17/19

NAV Price
Net Asset Value $23.72 Closing Price $23.72
Daily Change -$0.19 -0.78% Daily Change -$0.17 -0.71%

Performance History

Cumulative %

Data as of month end (4/30/19)

Fund NAV Closing Price Index
1 Month 3.17% 3.13% 3.25%
3 Months 7.48% 7.58% 7.71%
6 Months -1.24% -1.20% -0.80%
Since Inception 6.27% 6.23% 10.65%

Avg Annualized %

Data as of month end (4/30/19)

Fund NAV Closing Price Index
1 Year -4.33% -4.25% -3.51%
3 Years 3.51% 3.56% 4.40%
Since Inception 1.35% 1.35% 2.26%

Avg Annualized %

Data as of quarter end (3/31/19)

Fund NAV Closing Price Index
1 Year -6.84% -6.77% -6.06%
3 Years 2.89% 2.86% 3.77%
Since Inception 0.67% 0.67% 1.57%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Top 10 Holdings

As of 5/17/19
Net Assets % Name Market Price ($) Shares Held Market Value ($)
24.55 SPDR-CONS DISCRE 115.91 7,536 873,497.76
24.50 SPDR-TECH SEL S 75.38 11,563 871,618.94
18.62 SPDR-MATERIALS 54.65 12,121 662,412.65
16.65 SPDR-FINL SELECT 26.88 22,042 592,488.96
15.62 SPDR-INDU SELECT 74.82 7,426 555,613.32
0.10 CASH 1.00 3,595 3,593.68
Holdings are subject to change.

Investing involves risk, including the possible loss of principal. In addition to the normal risks associated with investing, narrowly focused investments typically exhibit higher volatility. Asset allocation may not protect against market risk. Investment in the Fund is subject to the risks of the underlying funds. SCTO is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Global X NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange. Closing price returns do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC. Global X Funds are not sponsored, endorsed, issued, sold or promoted by JPMorgan, nor does JPMorgan make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO nor Global X is affiliated with JPMorgan.