ETF Evaluator: Global X S&P 500® Catholic Values ETF (CATH) Follow This ETF

Global X S&P 500® Catholic Values ETF Overview

Global X S&P 500® Catholic Values ETF (CATH) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). Global X Funds launched the ETF in 2016.

The investment seeks investment results that correspond generally to the price and yield performance, of the S&P 500®Catholic Values Index. The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is based on the S&P 500® Index, and generally comprises approximately 500 or less U.S. listed common stocks. From this starting universe, constituents are screened to exclude companies involved in activities which are perceived to be inconsistent with Catholic values as outlined in the Socially Responsible Investment Guidelines of the United States Conference of Catholic Bishops.

About Global X S&P 500® Catholic Values ETF (CATH)

There are 2 members of the management team with an average tenure of 7.84 years: Nam To (2018) and Wayne Xie (2019). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and S&P 500 Catholic Values TR USD index with a weighting of 100%. Global X S&P 500® Catholic Values ETF has 446 securities in its portfolio. The top 10 holdings constitute 37.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Global X S&P 500® Catholic Values ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Global X S&P 500® Catholic Values ETF has 0.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.1% There is 0.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X S&P 500® Catholic Values ETF has 0.3% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

CATH Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X S&P 500® Catholic Values ETF expense ratio is below average compared to funds in the Large Blend category. Global X S&P 500® Catholic Values ETF has an expense ratio of 0.29%, which is 31% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X S&P 500® Catholic Values ETF has a portfolio turnover rate of 9%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 162% for the Large Blend category.

Recently, in the month of June 2026, Global X S&P 500® Catholic Values ETF returned -1.5%, which earned it a grade of F, as the Large Blend category had an average return of -0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Global X S&P 500® Catholic Values ETF has a trailing yield of 0.77%, which is below the 1.12% category average. The fund normally distributes its income semi-annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Global X S&P 500® Catholic Values ETF Grades

Year to date, the ETF has returned 8.0%, 2.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 18.4% over the past year (grade of D), 18.7% over the past three years (grade of D) and 11.8% per year over the past five years (grade of D) and 14.8% per year over the past 10 years (grade of C).

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