AGNG: GLOBAL X AGING POPULATION ETF
What this ETF is trying to do
The GLOBAL X AGING POPULATION ETF (ticker: AGNG) is an exchange-traded fund designed to track themes related to an aging population. It invests in companies that may be impacted by or serve the needs of older age groups. The fund holds a total of 86 different holdings.
Top Holdings
The following are some of the largest companies in the fund's portfolio. Please note that this is a partial list:
• Eli Lilly and Co (3.59%)
• Novo Nordisk AS Class B (3.57%)
• Merck & Co Inc (3.55%)
• AbbVie Inc (3.48%)
• Amgen Inc (3.46%)
• Welltower Inc (3.25%)
• Bristol-Myers Squibb Co (3.18%)
• Edwards Lifesciences Corp (3.18%)
• Roche Holding AG Bearer Shares (3.16%)
• Johnson & Johnson (3.14%)
What the numbers show
When looking at how this ETF has performed, it is important to distinguish between price return (the change in the share price) and total return (which includes the impact of distributions).
• Year-to-Date (YTD): The YTD price return is approximately 0.55%, while the YTD total return is approximately 0.98%.
• One-Year: The one-year price return is approximately 4.35%, and the one-year total return is approximately 5.29%.
• Three-Year: The three-year price return is approximately 39.68%, and the three-year total return is approximately 43.36%.
• Five-Year: The five-year total return is approximately 31.50%.
Based on an estimated price from roughly one year ago of $34.59, the current price is $36.09.
Income and distribution explanation
AGNG provides cash distributions to investors, but the frequency is described as "irregular" or "less frequent." Over the last 12 months, there were 2 payouts. The distribution yield is approximately 0.91%.
It is important to remember that a distribution yield tells you how much cash was paid out relative to the price, but it is not the same as your total return.
NAV erosion explanation
Some investors look for "NAV erosion," which refers to a decline in the Net Asset Value (the actual value of the fund's underlying assets). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, we can look at the erosion-risk score, which is 94. This is labeled as "Stable / sideways" with a "good" severity rating. There is no severe erosion-risk flag for this ETF.
Pros
• The fund has shown positive price returns and total returns over the one-year and three-year periods.
• The erosion-risk score suggests a stable price trend.
Cons
• The distribution frequency is irregular, meaning payments do not happen on a set schedule.
• The distribution yield is relatively low at approximately 0.91%.
Beginner takeaway
AGNG focuses on companies related to an aging population. While it has shown growth in both share price and total return over the last few years, its cash distributions are infrequent. When researching ETFs, always remember to look at both the price change and the total return to get a full picture of performance.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ELI LILLY AND CO | LLY | 3.59% |
| 2 | NOVO NORDISK AS CLASS B | n/a | 3.57% |
| 3 | MERCK & CO INC | MRK | 3.55% |
| 4 | ABBVIE INC | ABBV | 3.48% |
| 5 | AMGEN INC | AMGN | 3.46% |
| 6 | WELLTOWER INC | WELL | 3.25% |
| 7 | BRISTOL-MYERS SQUIBB CO | BMY | 3.18% |
| 8 | EDWARDS LIFESCIENCES CORP | EW | 3.18% |
| 9 | ROCHE HOLDING AG BEARER SHARES | n/a | 3.16% |
| 10 | JOHNSON & JOHNSON | JNJ | 3.14% |