EBIZ


E-commerce ETF

Reasons to Consider EBIZ

High Growth Potential

Despite years of strong growth, E-commerce still represented less than one-fifth of global retail sales in 2021. Forecasts suggest that number is expected to grow to above 30% by 2030.1

Global Tailwinds

E-commerce is a global theme, poised to benefit as expanding broadband and mobile internet penetration coincide with a rising middle class in developing markets.

New Consumer Preferences

The pandemic forced many businesses to offer goods and services online for the first time, which has shifted consumer expectations and expanded the scope of E-commerce to larger segments like groceries and autos.

1Insider Intelligence, Feb 2022

Key Information As of 12/05/23

Inception Date 11/27/18
Total Expense Ratio 0.50%
Net Assets $72.99 million
NAV $19.94
Fact Sheet View the document

ETF Summary

The Global X E-commerce ETF (EBIZ) seeks to invest in companies positioned to benefit from the increased adoption of E-commerce as a distribution model, including companies whose principal business is in operating E-commerce platforms, providing E-commerce software and services, and/or selling goods and services online.

ETF Objective

The Global X E-commerce ETF (EBIZ) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive E-commerce Index.

Trading Details As of 12/04/23

Ticker EBIZ
Bloomberg Index Ticker SOLEBIZ
CUSIP 37954Y467
ISIN US37954Y4677
Primary Exchange Nasdaq
Shares Outstanding 3,660,002
Number of Holdings 41
30-Day Median Bid-Ask Spread 0.35%

Distributions As of 12/05/23

30-Day SEC Yield 0.06%
Distribution Frequency Semi-Annually

ETF Prices As of 12/05/23

NAV $19.94 Daily Change -$0.17 -0.85%
Market Price $19.95 Daily Change -$0.16 -0.80%

Performance History

As of recent
(09/30/23)
As of recent
(09/30/23)
Fund NAV Market Price Index
1 Year 19.34% 19.36% 19.82%
3 Years -12.19% -12.38% -11.84%
Since Inception 4.40% 4.30% 4.85%
1 Year 15.49% 15.96% 16.03%
3 Years -13.34% -13.33% -12.97%
5 Years 5.37% 5.32% 5.83%
Since Inception 6.13% 6.13% 6.60%
Year-to-Date 11.75% 11.74% 12.15%
1 Month -4.92% -5.14% -4.91%
3 Months -1.73% -2.16% -1.62%
Since Inception 23.17% 22.63% 25.79%
Year-to-Date 22.26% 22.79% 22.81%
1 Month 17.22% 17.15% 17.28%
3 Months 4.03% 4.25% 4.13%
Since Inception 34.76% 34.76% 37.75%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 12/05/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.17 PDD PDD HOLDINGS INC BYVW0F7 143.46 36,454 5,229,690.84
6.07 WSM WILLIAMS-SONOMA INC 2967589 195.24 22,701 4,432,143.24
5.58 MELI MERCADOLIBRE INC B23X1H3 1,584.60 2,568 4,069,252.80
5.42 GDDY GODADDY INC - CLASS A BWFRFC6 103.66 38,186 3,958,360.76
4.68 EXPE EXPEDIA GROUP INC B748CK2 138.40 24,682 3,415,988.80
4.49 BKNG BOOKING HOLDINGS INC BDRXDB4 3,148.01 1,042 3,280,226.42
4.42 AMZN AMAZON.COM INC 2000019 146.88 21,945 3,223,281.60
4.29 SHOP SHOPIFY INC - CLASS A BXDZ9Z0 74.72 41,919 3,132,187.68
3.96 NTES NETEASE INC-ADR 2606440 102.73 28,100 2,886,713.00
3.95 4755 JP RAKUTEN GROUP INC 6229597 3.85 748,312 2,884,286.08
3.83 CSGP COSTAR GROUP INC 2262864 84.15 33,241 2,797,230.15
3.63 EBAY EBAY INC 2293819 41.48 63,913 2,651,111.24
3.55 ETSY ETSY INC BWTN5N1 81.66 31,680 2,586,988.80
3.54 VIPS VIPSHOP HOLD-ADR B3N0H17 15.21 169,693 2,581,030.53
3.50 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 32.94 77,621 2,556,835.74
3.30 ACVA ACV AUCTIONS INC-A BMFPJK6 15.45 155,877 2,408,299.65
3.29 GLBE GLOBAL-E ONLINE LTD BN770J3 36.56 65,670 2,400,895.20
3.22 TRIP TRIPADVISOR INC B6ZC3N6 17.77 132,054 2,346,599.58
3.12 W WAYFAIR INC- CLASS A BQXZP64 55.63 40,862 2,273,153.06
3.03 BABA ALIBABA GRP-ADR BP41ZD1 72.38 30,554 2,211,498.52
2.68 JD JD.COM INC-ADR BMM27D9 26.12 74,903 1,956,466.36
2.43 SE SEA LTD-ADR BYWD7L4 38.00 46,756 1,776,728.00
1.84 SSTK SHUTTERSTOCK INC B7ZR219 44.67 30,035 1,341,663.45
1.69 BYON BEYOND INC 2855930 22.55 54,727 1,234,093.85
0.95 BIGC BIGCOMMERCE-1 BMDCDP2 9.24 75,123 694,136.52
0.71 TPW AU TEMPLE & WEBSTER BZ1MWM5 5.31 96,959 514,761.23
0.63 ASC LN ASOS PLC 3092725 4.86 94,871 460,917.55
0.60 JMIA JUMIA TECHNOLOGIES AG-ADR BJLMY27 3.56 122,548 436,270.88
0.57 VTEX VTEX -CLASS A BNLYJD7 6.82 60,730 414,178.60
0.52 GRPN GROUPON INC BMTD360 11.97 31,860 381,204.90
0.48 QRTEA QURATE RETAIL-A BZ19HB0 0.84 421,247 352,499.49
0.38 LX LEXINFINTECH-ADR BFCM956 1.65 169,026 278,892.90
0.38 LPSN LIVEPERSON INC 2577052 3.08 89,676 276,202.08
0.36 TREE LENDINGTREE INC BV8TD84 19.62 13,197 258,925.14
0.33 EHTH EHEALTH INC B1G0F83 8.79 27,514 241,848.06
0.32 ANGI ANGI INC BF4VWH4 2.41 95,998 231,355.18
0.28 4477 JP BASE INC BKRQ8Q2 1.71 117,211 200,789.72
0.26 PETS PETMED EXPRESS INC 2143099 7.71 24,963 192,464.73
0.25 LE LANDS' END INC BKWQKM7 7.29 25,057 182,665.53
0.25 BZUN BAOZUN INC-SPN ADR BY2ZJ69 2.69 66,396 178,605.24
0.06 CASH 1.00 40,209 40,209.16
0.01 OTHER PAYABLE & RECEIVABLES 1.00 10,033 10,033.43
0.01 GROUPON INC - RTS 0.15 31,860 4,709.85
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 11/30/23

Sector Weight (%)
Consumer Discretionary 69.6
Information Technology 11.7
Communication Services 10.5
Industrials 7.2
Financials 1.1

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Internet Retail 37.9
Internet Software/Services 24.4
Other Consumer Services 23.6
Specialty Stores 6.9
Miscellaneous Commercial Services 3.6
Packaged Software 1.0
Finance/Rental/Leasing 0.8
Information Technology Services 0.6
Advertising/Marketing Services 0.5
Life/Health Insurance 0.3
Drugstore Chains 0.3
Other 0.1

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 51.8
China 25.4
Argentina 5.8
Japan 4.3
Canada 4.3
Israel 3.4
Singapore 2.5
Britain 1.2
Australia 0.8
Germany 0.5

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 12/04/23

Return on Equity 11.70%
Weighted Avg. Market Cap 115,086 M
2022 2023
Price-to-earnings -22.01 29.30
Price-to-book value 3.63 3.23

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/23

Versus Beta
S&P 500 1.21
NASDAQ-100 0.94
MSCI EAFE 1.34
MSCI Emg. Mkts 1.41
Standard Deviation 29.40%

Source: new windowAltaVista Research, LLC

ETF Research

View More Related Research

Investing involves risk, including the possible loss of principal. The investable universe of companies in which EBIZ may invest may be limited. The companies in which the Fund invests may be subject to rapid changes in technology, intense competition, rapid obsolescence of products and services, loss of intellectual property protections, evolving industry standards and frequent new product productions, and changes in business cycles and government regulation.

International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. EBIZ is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.