“Academic and industry research shows that there is significant information value in 13F disclosures – what some of investing’s best minds are buying and selling,” said Global X CEOBruno del Ama, according to ETF Daily News. “GURU is the culmination of extensive research to optimize the value derived from the information of what these investment gurus are buying.”
GURU has also been ranked the second best-performing out of 938 large cap core mutual funds and ETFs by fund ratings firm Lipper. The fund’s primary rival is the AlphaClone Alternative Alpha ETF (NYSEArca: ALFA), which is up 18.5% this year.
Global X Top Guru Holdings Index ETF
ETF Trends editorial team contributed to this post.