The Global X Top Guru Holdings ETF (GURU) turns 1 year old today, having gained 35.8% since...

|About: Global X Guru Index ETF (GURU)|By:, SA News Editor

The Global X Top Guru Holdings ETF (GURU) turns 1 year old today, having gained 35.8% since inception, outpacing the S&P 500 by more than 1K basis points. It's not bad considering the criticism leveled at the fund for its stock picks relying on data several weeks old (it selects stocks based on hedge funds' 13F disclosures). Part of the fund's secret coud be equal-weighting - the largest current holding makes up just 2.29% of assets, while the smallest accounts for 1.64%.