ETF Evaluator:
Global X Russell 2000 ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Small Blend Over the Last Year
| 55.4% | Invesco NASDAQ Future Gen 200 ETF (QQQS) |
| 45.8% | iShares Micro-Cap ETF (IWC) |
| 45.6% | First Trust Small Cap Core AlphaDEX® ETF (FYX) |
| 43.8% | Fidelity Enhanced Small Cap Core ETF (FESM) |
| 38.9% | Inspire Small/Mid Cap ETF (ISMD) |
Risk
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Risk
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ETF Details
Global X Russell 2000 ETF Overview
Global X Russell 2000 ETF (RSSL) is a passively managed U.S. Equity Small Blend exchange-traded fund (ETF). Global X Funds launched the ETF in 2024.
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 RIC Capped Index.
The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities of the index. The underlying index is an equity benchmark which measures the performance of the small-capitalization sector of the U.S. equity market, as defined by FTSE Russell.
About Global X Russell 2000 ETF (RSSL)
There are 2 members of the management team with an average tenure of 2.16 years: Nam To (2024) and Wayne Xie (2024). 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 Russell 2000 RIC Capped TR USD index with a weighting of 100%. Global X Russell 2000 ETF has 1963 securities in its portfolio. The top 10 holdings constitute 3.2% 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 Russell 2000 ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Global X Russell 2000 ETF has 2.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.3% There is 2.4% 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 Russell 2000 ETF has 0.3% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is below the $4 billion average for the Small 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.
RSSL 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 Russell 2000 ETF expense ratio is low compared to funds in the Small Blend category. Global X Russell 2000 ETF has an expense ratio of 0.08%, which is 81% lower than its category average, making the fund expense ratio grade a A. 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 Russell 2000 ETF has a portfolio turnover rate of 13%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 50% for the Small Blend category.
Recently, in the month of July 2026, Global X Russell 2000 ETF returned -3.0%, which earned it a grade of D, as the Small Blend category had an average return of -2.1%. 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 Russell 2000 ETF has a trailing yield of 1.24%, which is above the 1.17% category average.
The fund normally distributes its income quarterly 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 Russell 2000 ETF Grades
Year to date, the ETF has returned 18.8%, 0.8 percentage points better than the category, which translates into a grade of B. The fund has returned 34.1% over the past year (grade of A).
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RSSL Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| RSSL Return (NAV) | -3.0% | 5.0% | 34.1% | na | na | na |
| RSSL Return (Price) | -3.1% | 5.2% | 34.2% | na | na | na |
| NAV +/- Price Return | 0.039% | -0.235% | -0.125% | na | na | na |
| Small Blend Avg | -2.1% | 5.7% | 28.5% | 14.0% | 8.0% | 10.8% |
| RSSL Grade (NAV) | D | C | A | na | na | na |
| +/- Category (NAV) | -0.9% | -0.7% | 5.6% | na | na | na |
| RSSL Tax-Cost Ratio | na | na | 0.5% | na | na | na |
RSSL Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| RSSL Return (NAV) | 18.8% | 12.8% | na | na | na | na | na | na | na | na | na |
| RSSL Return (Price) | 18.7% | 12.9% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.007% | 0.010% | na | na | na | na | na | na | na | na | na |
| Small Blend Avg | 18.0% | 8.7% | 11.7% | 16.3% | -15.9% | 24.0% | 12.7% | 24.8% | -9.2% | 14.4% | 19.6% |
| RSSL Grade (NAV) | B | A | na | na | na | na | na | na | na | na | na |
| +/- Category | 0.8% | 4.0% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 1.2% |
| Total Assets: | $ 1,489 Mil |
| Share Class Assets: | $ 1,489 Mil |
| Turnover: | 13.4% |
| Expense Ratio: | 0.08% |
| Index Fund: | Yes |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.2 years | |||
| Average Tenure: 2.2 years | |||
| Managers (Year): To Nam (2024), Xie Wayne (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 1963 |
| % in Top 10 Holdings: | 3.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.4% |
Portfolio Allocation |
|
| Domestic Stock: | 97.3% |
| Foreign Stock: | 2.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Global X Funds |
| Phone Number: | 888-493-8631 |
| Website: | www.globalxfunds.com |
| Inception Date: | June 4, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.08% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.42% |
