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GLBL - ETF AI Analysis
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Pacer MSCI World Industry Advantage ETF (GLBL)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key positions, such as Nvidia, Broadcom, and Alphabet, have delivered strong year-to-date performance, driving the fund’s returns.
Sector Diversification
The ETF is spread across multiple sectors, with significant exposure to Technology, Communication Services, and Financials, reducing reliance on any single industry.
Healthy Year-to-Date Performance
The fund has shown solid year-to-date growth, indicating strong momentum in its holdings and strategy.
Negative Factors
High Geographic Concentration
Nearly 90% of the ETF’s exposure is in U.S. companies, limiting diversification across global markets.
Expense Ratio Above Average
The ETF’s expense ratio of 0.65% is higher than many comparable funds, which could reduce long-term returns for investors.
Underperforming Holdings
Some top holdings, like Amazon and Apple, have shown weaker year-to-date performance compared to others in the portfolio.
GLBL vs. SPDR S&P 500 ETF (SPY)
AUM1.02M
RegionDeveloped Markets
Expense Ratio0.65%
Beta1.04
IssuerPacer
Inception DateSep 16, 2024
Dividend Yield0.23%
Asset ClassEquity
Index TrackedMSCI World Ricardo Comparative Advantage Select GDP Tilted Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume72
30 Day Avg. Volume129
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
29.84Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering373
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GLBL Summary
The Pacer MSCI World Industry Advantage ETF (GLBL) is an investment fund that lets you own shares in a wide range of companies across the globe. It follows the MSCI World Index, which includes large and mid-sized companies from 23 developed countries. Some of its top holdings are well-known names like Apple and Nvidia, making it a great way to invest in global leaders in technology, healthcare, finance, and more. People might consider investing in GLBL for diversification, as it provides exposure to many industries and countries in one package. However, since it heavily focuses on tech companies, its performance can be affected by changes in the technology sector.
How much will it cost me?The Pacer MSCI World Industry Advantage ETF (GLBL) has an expense ratio of 0.65%, meaning you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because it is actively managed to track a specialized index, offering targeted exposure to global industries. While the cost is higher, it reflects the ETF's strategic focus and broad diversification.
What would affect this ETF?The Pacer MSCI World Industry Advantage ETF (GLBL) could benefit from continued growth in technology and healthcare sectors, which make up a significant portion of its holdings. However, it may face challenges if global economic conditions worsen, such as rising interest rates or regulatory changes affecting major companies like Apple, Nvidia, and Microsoft. Additionally, its focus on developed markets may limit exposure to faster-growing emerging economies.
GLBL Top 10 Holdings
The Pacer MSCI World Industry Advantage ETF leans heavily into technology, with giants like Apple and Microsoft driving its performance. Apple remains steady, buoyed by its services growth, while Microsoft shows mixed signals, with cloud and AI segments thriving but recent stock momentum lagging. Nvidia and Alphabet add to the tech-heavy tilt, with Alphabet rising on AI investments and Nvidia showing long-term promise despite short-term headwinds. Amazon’s performance is more subdued, holding back gains slightly. With a clear focus on developed markets and tech dominance, this fund is riding the innovation wave but faces valuation challenges.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 4.93% | $50.39K | $4.05T | 5.71% | 79 Outperform | |
| Nvidia | 4.83% | $49.38K | $4.58T | 34.79% | 76 Outperform | |
| Alphabet Class A | 4.73% | $48.41K | $3.80T | 60.58% | 85 Outperform | |
| Microsoft | 4.71% | $48.20K | $3.63T | 11.39% | 79 Outperform | |
| Amazon | 4.70% | $48.05K | $2.48T | 2.35% | 71 Outperform | |
| Broadcom | 4.07% | $41.57K | $1.66T | 42.74% | 76 Outperform | |
| Alphabet Class C | 3.98% | $40.72K | $3.80T | 59.78% | 82 Outperform | |
| Meta Platforms | 3.71% | $37.90K | $1.68T | 10.64% | 76 Outperform | |
| Berkshire Hathaway B | 1.81% | $18.52K | $1.08T | 9.20% | 66 Neutral | |
| Visa | 1.56% | $15.90K | $679.11B | 10.67% | 70 Outperform |
GLBL Technical Analysis
Positive
―
Price Trends
25.11
Positive
24.61
Positive
22.95
Positive
Market Momentum
0.12
Negative
59.42
Neutral
85.72
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GLBL, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 25.36, equal to the 50-day MA of 25.11, and equal to the 200-day MA of 22.95, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 59.42 is Neutral, neither overbought nor oversold. The STOCH value of 85.72 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GLBL.
GLBL Peer Comparison
Comparison Results
Performance Comparison
GLBL
Pacer MSCI World Industry Advantage ETF
25.64
4.18
19.48%
WLDR
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KNO
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HDMV
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RW
Rainwater Equity ETF
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CZAR
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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