GURU - GURU August 2019 Rebalance Report
On August 23rd, the Global X GURU Index ETF (GURU) underwent its quarterly rebalance. The August 2019 GURU Report can be found here.
Notable observations from this rebalance period include the following:
- GURU's index, the Solactive Guru Index, has outperformed the S&P 500, GURU's broad-market benchmark, by 2.89% (289 bps) year to date through August 23rd. Healthcare sector has contributed the most to the outperformance while Information Technology has been the largest detractor.
- GURU saw four net additions in Healthcare, becoming the biggest sector exposure for GURU. On the other hand, GURU saw five