EDUX — Global X Education ETF

Data updated: 2023-10-30

EDUX — Global X Education ETF. China Blend / Core Equity · $2.88M AUM · 0.50% expense ratio · 7.2% 1-yr return. Holdings, fees, performance and SEC filings.

EDUX Fund Overview

EDUX — Global X Education ETF is a US ETF managed by Global X Funds, categorised as China Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US ETF
Manager: Global X Funds
Category: China Blend / Core Equity
Assets under management: $2.88M
1-year return: 7.2%
Ticker: EDUX
SEC CIK: 0001432353
SEC series ID: S000054690
Share class ID: C000171850

EDUX Investment Objective and Strategy

Global X Education ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Global X Funds.

Investment objective

The Global X Education Thematic ETF (Fund) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Education Thematic Index (Underlying Index).

Principal investment strategy

"The Fund invests at least 80% of its total assets in the securities of the Underlying Index and in American Depositary Receipts (""ADRs"") and Global Depositary Receipts (""GDRs"") based on the securities in the Underlying Index. The Funds 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The objective of the Underlying Index is to provide exposure to exchange-listed companies globally that provide educational products and services, including companies involved in online learning and educational content/publishing, as well as early childhood education, higher education and professional education, (collectively, Education Companies), as defined by Indxx, LLC, the provider of the Underlying Index (""Index Provider"").

The eligible universe of the Underlying Index includes among the most liquid and investable companies in accordance with the market capitalization and liquidity criteria associated with developed and emerging markets, as defined by the Index Provider. As of January 31, 2018 , companies must have a minimum market capitalization of $100 million and a minimum average daily turnover for the last 6 months greater than or equal to $2 million in order to be eligible for inclusion in the Underlying Index. As of January 31, 2018 , components from the following countries were eligible for inclusion in the Underlying Index: Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Peru, Qatar, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Arab Emirates, the United Kingdom, and the United States.

From the eligible universe, the Index Provider identifies Education Companies by applying a proprietary analysis that consists of two primary components: theme identification and company analysis. As part of the theme identification process, the Index Provider analyzes industry reports, investment research and consumer data related to the education industry in order to establish the themes that are expected to provide the most exposure to the growth of the education industry. As of January 31, 2018 , the Index Provider has identified the following five education themes: (1) Educational Content/Publishing, (2) Online Learning, (3) Early Childhood Education, (4) Higher and Professional Education and (5) Education Finance, Housing and Services (collectively, Education Themes). In order to be included in the Underlying Index, a company must be identified as having significant exposure to one of these Education Themes.

In the second step of the process, the Index Provider analyzes companies based on two primary criteria: revenue exposure and primary business operations. A company is identified as having significant exposure to one of the Education Themes if (i) it derives a significant portion of its revenue from the sale of products or services from one of the Education Themes, or (ii) it has stated its primary business to be in products and services focused on one of the Education Themes. Accordingly, the Fund assets will be concentrated (that is, it will hold 25% or more of its total assets) in companies that provide exposure to the education industry. The Underlying Index is weighted according to a modified capitalization weighting methodology and is reconstituted and rebalanced annually. At the annual rebalance, a capping methodology is applied to reduce concentration in individual securities and increase diversification of the Underlying Index.

The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, financials and information technology companies. The Fund's investment objective and Underlying Index may be changed without shareholder approval. The Underlying Index is sponsored by the Index Provider, which is an organization that is independent of the Fund and Global X Management Company LLC, the investment adviser for the Fund (Adviser). The Index Provider determines the relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Adviser uses a passive or indexing approach to try to achieve the Funds investment objective. Unlike many investment companies, the Fund does not try to outperform the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued.

The Fund generally will use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Underlying Index in approximately the same proportions as in the Underlying Index. However, the Fund may utilize a representative sampling strategy with respect to the Underlying Index when a replication strategy might be detrimental or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Underlying Index, in instances in which a security in the Underlying Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Underlying Index.

The Adviser expects that, over time, the correlation between the Funds performance and that of the Underlying Index, before fees and expenses, will exceed 95%. A correlation percentage of 100% would indicate perfect correlation. If the Fund uses a replication strategy, it can be expected to have greater correlation to the Underlying Index than if it uses a representative sampling strategy. The Fund concentrates its investments (i.e., holds 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. As of January 31, 2018 , the Underlying Index was concentrated in the consumer discretionary sector."

EDUX Performance

Total returns for EDUX (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	7.2%
3 years (annualised)	-22.8%

EDUX Risk Information

Risk metrics for EDUX, derived from monthly returns in SEC filings.

1-year volatility (annualised): 31.8%

EDUX Costs and Fees

EDUX costs about $50 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.50%
Gross expense ratio: 0.50%
Portfolio turnover: 26%
Brokerage commissions: 2.38 bps of average net assets (SEC N-CEN)

EDUX Cashflows

Over the 12 months to 2023-08, Global X Education ETF had net outflows of $116.25K, from monthly SEC N-PORT filings.

Month	Net flow
2023-08	$0
2023-07	$0
2023-06	$212.85K
2023-05	$0
2023-04	$0
2023-03	−$515.21K

EDUX Debt Constituents

No individual debt constituents are reported in Global X Education ETF's latest SEC N-PORT filing.

EDUX Prospectus and SEC Filings

Official Global X Education ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other China Blend / Core Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.