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Global X NYSE 100 (NYSX $110.30)
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Global X NYSE 100 Index ETF (NYSX.U $22.26)
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Global X NYSE 100 Index ETF (NYSX $30.50)
Q: This NYSX, Technology ETF inception date is March 25, 2026 so it has a very low AUM at the moment. IMO the fee is reasonable at approx. 0.09% in the 3 versions. As part of the investing strategy it uses P/S ratio. Does this mean it gives a higher weighting towards technology stocks that appear cheaper? If I was interested in purchasing the NYSX:US version. How would you suggest I do it since the trading volumes are very low and the bid/ask spread likely high? Many thanks for your advice.
5i Research Answer:
NYSX is hard to endorse at less than $5M in assets right now. Certainly any trade should use a limit order, and we would use small amounts. Current bid/ask is not really that wide, however. Its holding look fine to us. Right now, the average P/S on its holdings is not exactly cheap, at 8.3x. P/E is 39.1x.