Global X FinTech ETFGlobal X FinTech ETFGlobal X FinTech ETF

Global X FinTech ETF

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Key stats


Assets under management (AUM)
‪338.80 M‬USD
Fund flows (1Y)
‪−136.32 M‬USD
Dividend yield (indicated)
0.18%
Discount/Premium to NAV
1.03%

About Global X FinTech ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.68%
Inception date
Sep 12, 2016
Index tracked
Indxx Global Fintech Thematic Index
Management style
Passive
FINX offers cross-sector exposure to the emerging financial technology (FinTech) theme. The fund specifically includes developed markets securities with significant exposure to at least one of six FinTech themes: mobile payments, marketplace lending, crowdfunding, enterprise solutions, blockchain and alternative currencies, and personal finance software and automated wealth management services. Since the stocks straddle the line between financials and technology, they can benefit from but are also susceptible to sector-wide shocks to either sector. FINX aims to hold up to 100 FinTech companies, selected and weighted by market-cap. Constituents are then constrained such that no individual security exceeds 6% weight and the aggregate weight of securities with over 5% allocation is capped at 40% weight of the portfolio. The index rebalances and reconstitutes annually.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
FinTech
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 20, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Finance
Commercial Services
Stocks99.95%
Technology Services55.66%
Finance27.94%
Commercial Services16.35%
Bonds, Cash & Other0.05%
Cash0.05%
Stock breakdown by region
5%83%9%0.8%
North America83.78%
Europe9.82%
Oceania5.58%
Asia0.82%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows