Global X
EDOC
IE00BLR6QB00
Telemedicine & Digital Health UCITS ETF
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About this ETF

The Global X Telemedicine & Digital Health UCITS ETF Acc USD seeks to track the Solactive Telemedicine & Digital Health index. The Solactive Telemedicine & Digital Health index tracks companies worldwide which are active in the field of telemedicine and digital health.

TER
0.68%

Total Expense Ratio per year

Fund Size
€4.95M

Assets under management

Holdings
38

Underlying equities

Dividend Yield
0%

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
31
Weighted Fwd P/E
27.7
💰 Revenue Estimates
Current Year CY
+17.99% ⌀ 16 Analysts Coverage
Next Year NY
+11.49% ⌀ 15 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+28.32% ⌀ 14 Analysts Coverage
Next Year NY
+28.1% ⌀ 13 Analysts Coverage

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ETF Profile
Provider
Global X
Global X
Fund Type
ETF
Inception Date
12/17/2020 (5 yrs)
Region
World
Country
-
Strategy
-
Theme
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
No

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

—
30/100 Low (Concentration Risk)
Diversification Score
30/100 Low (Concentration Risk)
3Y Volatility
-
Max Drawdown (3Y)
-
Sharpe Ratio (3Y)
-
Beta Factor
1.29
Notes & Warnings
Fund Volume (AUM) ⚠️ Fund closure risk (< 50M € AUM)
⚠️ Elevated valuation: Avg P/E of 31.0
⚠️ Fund closure risk (< 50M € AUM)
🟡 Moderate analyst coverage (13.6 analysts)
⚠️ Elevated top 10 holdings concentration: 51% of fund in top 10 positions.
🔴 Severe sector concentration risk: 100% in "Healthcare".
⚠️ Industry concentration: 32% in "Diagnostics & Research".
⚠️ Elevated Regulatory & Policy Risk: 100% in heavily regulated industries (defense, regulated utilities, healthcare policy).
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