Key stats
About GLOBAL X SOCIAL MEDIA ETF
Expense ratio
0.65%
Home page
Inception date
Nov 14, 2011
SOCL is the first ETF on the market that focuses on social media companies. This vanilla fund caps the weights of pure-play social media companies at 10% and the weights of non-pure play companies at 4.75%. Notably, SOCL underweights US companies relative to its global technology peers, as it excludes several US tech giants. Instead, the fund has significant exposure on other countries such as China. SOCL also favors software firms and excludes semiconductors and computer companies. Overall, the fund's performance history unsurprisingly deviates significantly from that of the broad technology sector. The funds index is reviewed semi-annually.
Classification
What's in the fund
Exposure type
Technology Services
Stock breakdown by region
Social Media - stuck in a rangeThis ETF that tracks the evolution of social media companies is stuck in a range, and a range always offers possible trades.
The range is visible on the weekly chart. I would have liked to see a a false breakout above the ceiling, so I will have a soft stop above it, offering this trade enough wigg
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Displays a symbol's price movements over previous years to identify recurring trends.