(AUSF) Global X Adaptive U.S. - Ratings and Ratios

The Global X Adaptive U.S. Factor ETF (AUSF) is an actively managed exchange-traded fund that employs a dynamic allocation strategy across three sub-indices, targeting U.S. equities that exhibit distinct characteristics: value, momentum, and low volatility. This adaptive approach allows the fund to adjust its exposure to these factors based on market conditions, potentially optimizing returns and managing risk.

By investing at least 80% of its assets in the securities of its underlying index, AUSF provides a diversified portfolio that is designed to capitalize on the strengths of each factor. The funds 80% investment policy is non-fundamental and can be changed with 60 days prior written notice to shareholders, allowing for flexibility in response to shifting market dynamics.

Given the current technical data, AUSFs last price is $44.27, slightly above its 20-day simple moving average (SMA) of $43.78, indicating a positive short-term trend. The 50-day SMA ($43.05) and 200-day SMA ($42.56) also suggest a longer-term uptrend. With an average true range (ATR) of 0.48, representing a 1.09% daily price movement, the fund exhibits moderate volatility. Considering the 52-week high ($44.34) and low ($38.30), AUSF is currently trading near its all-time high, potentially indicating a strong momentum factor contribution.

From a fundamental perspective, AUSFs assets under management (AUM) stand at $562.99 million, indicating a moderate level of investor interest. As the fund continues to adapt its allocation across the value, momentum, and low volatility factors, its performance is likely to be influenced by the prevailing market conditions. If the current uptrend persists, AUSF may continue to benefit from its dynamic allocation strategy, potentially driving further growth in AUM and reinforcing its position within the Mid-Cap Value ETF category.

Forecasting AUSFs future performance, we can expect the fund to maintain its upward trajectory if the momentum factor continues to drive returns. With the current price near the 52-week high, a potential target could be $45.50, representing a 2.7% increase from the current price. However, if the market experiences a downturn, AUSFs adaptive strategy may help mitigate losses by adjusting its allocation to more defensive factors, such as low volatility. In this scenario, a potential support level could be around $42.50, based on the 50-day SMA and the funds historical price movements.