In the last 6 months, there have been three new ASX ETFs launched by Global X.
Global X has carved out a portfolio of available ETFs, with many of them existing as thematic options.
Thematic ASX ETFs focus investing according to a certain sector or focus.
There are no hard-and-fast rules as to what themes qualify, but they tend to focus on future changes such as disruptions, new technologies and megatrends, sustainability, founder-led companies, or subsectors like electric vehicles and cybersecurity.
In the last 6 months, Global X has introduced three such funds that focus on humanoid robotics, silver miners, and Japanese equities.
Let's see how they are performing.
Image source: Getty Images
Global X Japan Topix 100 Etf (ASX: J100)
Late last year Global X released this Japanese focused ASX ETF.
This fund tracks the Topix 100 Total Return Index, which is a subset of the broader TOPIX (Tokyo Stock Price Index) and represents the 100 largest and most liquid companies on the Tokyo Stock Exchange.
According to Global X, after years of lying relatively quiet, the perception is beginning to shift on Japanese stocks.
Global X believes the economic environment in Japan is starting to shift for a few reasons:
- Japanese inflation is normalising
- Reforms driven by the Tokyo Stock Exchange and regulators are pushing companies to repurpose excess cash, increase dividends, and engage in buybacks
- Blue-chip firms are engaged in global megatrends like AI, EVs, and energy transition
Despite these emerging tailwinds, this ASX ETF has only risen 0.8% since its inception late last year.
Global X Silver Miners ETF (ASX: SLVM)
This ASX ETF includes a basket of roughly 39 diversified silver miners.
It first listed on the ASX in January this year.
According to Global X, silver's increased industrial usage, including in photovoltaics, grid expansion, and semiconductor manufacturing, has reshaped investor perceptions and underpins a more structural, long-term investment case.
However, since its inception, global silver prices have fallen, leading to a 10% drop for this ASX ETF.
Global X Humanoid Robotics ETF (ASX: HMND)
The newest ASX ETF from Global X is this thematic fund focused on investing in companies across the humanoid robotics value chain, including robot developers and the key components that enable movement, sensing, and control.
According to Global X, it provides diversified exposure across builders, components, and enablers required to scale embodied AI systems.
At the time of writing, it includes a total of 30 holdings.
Since its inception late last month, it has already risen more than 6%.
