DTCR
Global X Data Center & Digital Infrastructure ETF
VPN invests in companies that operate data center REITs and other digital infrastructure supporting the growth of communication networks.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
127.9 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Fund sponsor | Global X |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 29, 2020 |
| Assets (mns) | $128 |
| Expense ratio | 50 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| DIGITAL REALTY TRUST INC | 12.8 % |
| EQUINIX INC | 12.7 % |
| AMERICAN TOWER CORP-CL A | 10.7 % |
| CROWN CASTLE INTL CORP | 8.6 % |
| GDS HOLDINGS LTD. SPONSORED ADR CLASS A | 8.1 % |
| KEPPEL DC REIT | 4.8 % |
| SBA COMMUNICATIONS CORP. CLASS A | 4.5 % |
| CHINA TOWER CORP. LTD. CLASS H | 4.2 % |
| UNITI GROUP INC | 4.2 % |
| NEXTDC LIMITED | 3.7 % |
Constituent Breakdown
| Number of holdings | 25 |
| Herfindahl-Hirschman Index | 725 |
| Wgt avg mkt cap (mns) | $49,519 |
| Large cap (>$10bn) | 65.6% |
| Mid cap ($2-10bn) | 20.9% |
| Small cap (<$2bn) | 11.8% |
| Developed mkts. | 81.3% |
| Emerging mkts. | 18.7% |
Country Exposure
 |
UNITED STATES | 67.9 % |
 |
CHINA | 15.1 % |
 |
SINGAPORE | 4.8 % |
 |
AUSTRALIA | 3.8 % |
 |
INDONESIA | 3.1 % |
 |
TAIWAN | 3.1 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -- | -- | -- | -- | -- | -- | -- | Volatility | 18.4% | 18.9% | 21.0% | 22.4% | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.09 | 72% |
| MSCI EAFE | 1.10 | 67% |
| MSCI Emg Mkts | 1.04 | 65% |
Liquidity Measures
| Avg. volume (000) | 119 |
| Turnover | 1.6% |
| Avg. Bid/Ask (% of price) | 0.62% |
| ADV of underlying (mns) | $51,370 |
Technical Indicators
| Recent close | $17.31 |
| 30d moving avg. | $15.52 |
| Annualized volatility | 22.9% |
| Relative strength (RSI) | 47 |
| Short interest (ETF) | 1.8% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DTCR |
Expenses vs. DTCR |
ALTAR Score™ vs. DTCR |
|---|---|---|---|---|
| SRVR | Pacer Data & Infrastructure Real Estate ETF | 62.5% | +5 bp | -2.7% |
| IDGT | iShares U.S. Digital Infrastructure and Real Estate ETF | 46.6% | -9 bp | +3.0% |
| DTRE | First Trust Alerian Disruptive Technology Real Estate ETF | 36.1% | +10 bp | +1.8% |
| CRED | Columbia Research Enhanced Real Estate ETF | 34.1% | -17 bp | +2.4% |
| ROOF | IQ CBRE NextGen Real Estate ETF | 31.1% | +10 bp | +3.5% |
| JPRE | JPMorgan Realty Income ETF | 28.9% | 0 bp | +0.8% |
| ICF | iShares Cohen & Steers REIT ETF | 27.8% | -17 bp | +1.2% |
| XLRE | Real Estate Select Sector SPDR Fund | 27.5% | -41 bp | +1.3% |
| PSR | Invesco Active U.S. Real Estate Fund | 27.0% | -15 bp | +1.5% |
| FPRO | Fidelity Real Estate Investment ETF | 24.6% | +9 bp | +0.1% |
Risk and Returns: DTCR vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
DTCR
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
DTCR
4.6%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 376 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
4.7%. DTCR's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places DTCR in the 54th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
DTCRSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| DTCR (50 bp) Percentile rank | 39 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| DTCR | 50.0 | 62.0 | 112 |
| Peer Avg. | 57.2 | 40.4 | 97.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .