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The Fund employs a "passive management" (or indexing) investment approach designed to track the total return performance of MSCI World Ricardo Comparative Advantage Select GDP Tilted Index. The Index is a rules-based index that aims to represent the performance of the securities from a set of countries which have the highest active weight in each of the twenty-five GICS Industry Groups as measured against the MSCI World Index (the "Parent Index"). GICS Industry Groups comprise one of the four tiers of GICS, a hierarchical industry classification system maintained by MSCI and S&P Dow Jones Indices. The Index incorporates a gross domestic product ("GDP") tilt by reweighting the screened securities relative to their corresponding country's GDP. Securities in the eligible universe of the constituent companies of the Parent Index are screened to identify the country with the highest active country weight in each GICS Industry Group. The securities that meet the screening criteria are grouped by country and each group is weighted by the product of their aggregated free-float adjusted market capitalization and the corresponding country's gross domestic product. Additionally, the constituent security weights are capped at 5% to mitigate concentration risk in the Index.
Pacer MSCI World Industry Advantage ETF trades on the BATS stock market under the symbol GLBL.
As of August 7, 2026, GLBL stock price climbed to $28.81 with 106 million shares trading.
GLBL has a market cap of $1.15 million. This is considered a Sub-Micro Cap stock.
GLBL has outperformed the market in the last year with a price return of +24.1% while the SPY ETF gained +23.5%. However, in the short term, GLBL had mixed performance relative to the market. It has underperformed in the last 3 months, returning +4.5% vs +6.0% return in SPY. But in the last 2 weeks, GLBL shares have fared better than the market returning +5.8% compared to SPY +4.6%.
GLBL support price is $28.42 and resistance is $28.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GLBL shares will trade within this expected range on the day.
