ETF Evaluator: Global X S&P Cthlc Vls Dvlpd ex-US ETF () Follow This ETF

Global X S&P Cthlc Vls Dvlpd ex-US ETF Overview

Global X S&P Cthlc Vls Dvlpd ex-US ETF (CEFA) is a passively managed International Equity Foreign Large Blend exchange-traded fund (ETF). Global X Funds launched the ETF in 2020.

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Developed ex-U.S. Catholic Values Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to provide exposure to developed market equity securities outside the U.S. while maintaining alignment with the moral and social teachings of the Catholic Church. It is non-diversified.

About Global X S&P Cthlc Vls Dvlpd ex-US ETF (CEFA)

There are 2 members of the management team with an average tenure of 6.11 years: Nam To (2020) and Wayne Xie (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI EAFE NR USD index with a weighting of 100% and S&P Devlp ex-US Catholic Values NR USD index with a weighting of 100%. Global X S&P Cthlc Vls Dvlpd ex-US ETF has 364 securities in its portfolio. The top 10 holdings constitute 16.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Global X S&P Cthlc Vls Dvlpd ex-US ETF is part of the Equity global asset class and is within the International Equity ETF group. Global X S&P Cthlc Vls Dvlpd ex-US ETF has 97.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 2.6% There is 97.1% 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 Cthlc Vls Dvlpd ex-US ETF has 0.1% of the portfolio in cash.

Assets Under Management

The fund has $56 million in total assets, which is below the $9 billion average for the Foreign 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.

CEFA 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 Cthlc Vls Dvlpd ex-US ETF expense ratio is below average compared to funds in the Foreign Large Blend category. Global X S&P Cthlc Vls Dvlpd ex-US ETF has an expense ratio of 0.35%, which is 12% 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 Cthlc Vls Dvlpd ex-US ETF has a portfolio turnover rate of 12%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 38% for the Foreign Large Blend category.

Recently, in the month of July 2026, Global X S&P Cthlc Vls Dvlpd ex-US ETF returned 2.3%, which earned it a grade of B, as the Foreign Large Blend category had an average return of 1.1%. 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 Cthlc Vls Dvlpd ex-US ETF has a trailing yield of 2.68%, which is above the 2.56% category average. The fund normally distributes its income semi-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 Cthlc Vls Dvlpd ex-US ETF Grades

Year to date, the ETF has returned 10.8%, 1.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 22.2% over the past year (grade of D), 14.5% over the past three years (grade of D) and 7.7% per year over the past five years (grade of F).

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