Key stats
About GLOBAL X RUSSELL 2000 INDEX ETF
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Inception date
Nov 7, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
The fund follows an index focused on the small-capitalization sector of the US equity market. The fund differs from other Russell 2000 index tracking funds by capping individual holdings to limit single stock dependence. The fund follows a representative sampling strategy to mirror the key attributes of the index. The index employs a quarterly capping mechanism where constituents are limited to no more than 20% of the index's weight individually. Additionally, the sum of the weights of all constituents representing more than 4.5% of the index is restricted to not exceed 48% of the total index weight. The index is reconstituted annually and supplemented quarterly with new initial public offerings (IPOs). The fund's sector concentrations align with those of the index, maintaining similar industry exposure. The fund operates under a passive investment approach, complying with the Regulated Investment Company (RIC) concentration requirements for U.S. registered funds.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RSSX assets under management is 31.38 M CAD. It's risen 31.11% over the last month.
RSSX fund flows account for 32.09 M 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.
No, RSSX doesn't pay dividends to its holders.
RSSX shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Nov 7, 2024, and its management style is Passive.
RSSX follows the Russell 2000 RIC Capped Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RSSX price has risen by 4.43% over the last month, and its yearly performance shows a −15.65% decrease. See more dynamics on RSSX price chart.
NAV returns, another gauge of an ETF dynamics, showed a −9.57% decrease in three-month performance and has decreased by −8.35% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −9.57% decrease in three-month performance and has decreased by −8.35% in a year.
RSSX trades at a premium (0.23%) meaning the ETF is trading at a higher price than the calculated NAV.