FINX


FinTech ETF

Reasons to Consider FINX

High Growth Potential

In 2020, the number of active online banking users was approaching 1.9bn worldwide. Forecasts suggest that number could reach 2.5bn by 2024, highlighting the vast reach in just one segment of this theme.1

Global Tailwinds

FinTech is a global theme, poised to benefit as expanding broadband and mobile internet penetration coincide with a rising middle class in developing markets, historically under-served by traditional financial services.

Changing Consumer Preferences

While FinTech companies have historically catered to the digital preferences of younger consumers, they are increasingly competing on cost and convenience across a range of more established industries like lending and insurance.

1Statista, Mar 2021

Key Information As of 12/01/22

Inception Date 09/12/16
Total Expense Ratio 0.68%
Net Assets $462.05 million
NAV $20.74
Fact Sheet

ETF Summary

The Global X FinTech ETF (FINX) seeks to invest in companies on the leading edge of the emerging financial technology sector, which encompasses a range of innovations helping to transform established industries like insurance, investing, fundraising, and third-party lending through unique mobile and digital solutions.

ETF Objective

The Global X FinTech ETF (FINX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global FinTech Thematic Index.

Trading Details As of 12/01/22

Ticker FINX
Bloomberg Index Ticker IFINXNT
CUSIP 37954Y814
ISIN US37954Y8140
Primary Exchange Nasdaq
Shares Outstanding 22,280,000
Number of Holdings 66
30-Day Median Bid-Ask Spread 0.19%

Distributions As of 12/01/22

30-Day SEC Yield -0.10%
Distribution Frequency Semi-Annually

ETF Prices As of 12/01/22

NAV $20.74 Daily Change $0.30 1.45%
Market Price $20.67 Daily Change $0.11 0.54%

Performance History

As of recent
(09/30/22)
As of recent
(09/30/22)
Fund NAV Market Price Index
1 Year -55.30% -55.40% -55.19%
3 Years -9.30% -9.43% -8.87%
5 Years 0.79% 0.65% 1.36%
Since Inception 6.08% 6.02% 6.68%
1 Year -55.90% -56.13% -55.82%
3 Years -7.55% -7.60% -7.13%
5 Years 0.97% 0.87% 1.53%
Since Inception 6.85% 6.83% 7.45%
Year-to-Date -49.03% -49.22% -48.95%
1 Month -13.92% -13.78% -13.91%
3 Months -4.50% -4.79% -4.44%
Since Inception 42.93% 42.43% 47.92%
Year-to-Date -46.45% -46.51% -46.37%
1 Month 5.06% 5.33% 5.06%
3 Months -12.20% -12.35% -12.16%
Since Inception 50.17% 50.02% 55.40%

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 12/01/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.29 FISV FISERV INC 2342034 105.03 320,671 33,680,075.13
7.07 SQ BLOCK INC BYNZGK1 69.17 472,499 32,682,755.83
7.06 ADYEN NA ADYEN NV BZ1HM42 1,578.84 20,647 32,598,361.17
6.77 INTU INTUIT INC 2459020 416.07 75,187 31,283,055.09
6.68 PYPL PAYPAL HOLDINGS INC BYW36M8 78.53 392,830 30,848,939.90
4.93 FIS FIDELITY NATIONA 2769796 73.18 311,095 22,765,932.10
4.32 GPN GLOBAL PAYMENTS INC 2712013 103.53 192,946 19,975,699.38
4.20 JKHY JACK HENRY 2469193 190.73 101,807 19,417,649.11
4.17 SSNC SS&C TECHNOLOGIE B58YSC6 54.12 356,209 19,278,031.08
3.90 BILL BILL.COM HOLDINGS INC BKDS4H5 123.64 145,689 18,012,987.96
3.52 NEXI IM NEXI SPA BJ1F880 8.87 1,832,270 16,251,234.42
2.92 BKI BLACK KNIGHT INC BDG75V1 61.95 217,868 13,496,922.60
2.49 WISE LN WISE PLC - A BL9YR75 8.07 1,428,380 11,525,863.15
2.38 COIN COINBASE GLOBA-A BMC9P69 45.27 242,814 10,992,189.78
2.31 XRO AU XERO LTD B8P4LP4 51.07 208,837 10,665,717.71
1.69 377300 KS KAKAOPAY CORP BP8ZCS3 42.16 185,460 7,818,754.47
1.62 HQY HEALTHEQUITY INC BP8XZL1 63.27 117,998 7,465,733.46
1.57 TOST TOAST INC-CLASS A BP6D7B7 18.34 394,932 7,243,052.88
1.54 GWRE GUIDEWIRE SOFTWARE INC B7JYSG3 60.90 116,736 7,109,222.40
1.41 TEMN SW TEMENOS AG - REG 7147892 62.29 104,216 6,491,653.09
1.31 SOFI SOFI TECHNOLOGIES INC BM8J4C2 4.74 1,276,261 6,049,477.14
1.25 LU LUFAX HOLDING LTD-ADR BNDK6G5 1.74 3,320,145 5,777,052.30
1.00 ENV ENVESTNET INC B474ZK7 59.77 77,019 4,603,425.63
1.00 STNE STONECO LTD-A BGKG6M3 11.75 391,443 4,599,455.25
0.98 AFRM AFFIRM HOLDINGS INC BMF9NM8 14.41 315,309 4,543,602.69
0.92 NCNO NCINO INC BMC8TD1 27.54 154,095 4,243,776.30
0.81 SIM DC SIMCORP A/S BBCR9N1 66.34 56,666 3,759,382.54
0.81 FOUR SHIFT4 PAYMENT-A BLF0L75 49.88 74,824 3,732,221.12
0.74 ACIW ACI WORLDWIDE INC 2889155 21.58 158,995 3,431,112.10
0.70 VIRT VIRTU FINANCIA-A BWTVWD4 21.92 147,158 3,225,703.36
0.66 FLYW FLYWIRE CORP-VOTING BMBP1Q0 21.69 140,562 3,048,789.78
0.62 NVEI CN NUVEI CORP-SUB V BMFNHJ5 31.05 92,281 2,865,421.42
0.60 DLO DLOCAL LTD BKVF490 12.39 225,014 2,787,923.46
0.59 PAGS PAGSEGURO DIGI-A BFWK4R7 9.73 278,841 2,713,122.93
0.56 PAYO PAYONEER GLOBAL INC BLSPX60 5.40 482,733 2,606,758.20
0.52 VERX VERTEX INC - CLASS A BMX6DM1 17.21 139,642 2,403,238.82
0.49 ZIP AU ZIP CO LTD BPP1Y77 0.51 4,458,092 2,261,958.25
0.49 UPST UPSTART HOLDINGS INC BL53QN5 19.04 118,367 2,253,707.68
0.46 HUB AU HUB24 LTD BD4T5X1 18.80 112,735 2,119,846.73
0.44 BCOR BLUCORA INC B8L2DV2 25.06 81,434 2,040,736.04
0.38 MITK MITEK SYSTEMS INC 2597072 10.53 165,573 1,743,483.69
0.38 IRE AU IRESS LTD 6297497 6.57 264,774 1,738,327.72
0.37 PSFE PAYSAFE LTD BLGZKV6 1.52 1,128,847 1,715,847.44
0.37 MLNK MERIDIANLINK INC BMV7CG3 15.06 112,173 1,689,325.38
0.36 LMND LEMONADE INC BMGNTQ5 18.99 86,976 1,651,674.24
0.35 9923 HK YEAHKA LTD BL58D39 2.58 629,814 1,627,363.59
0.34 IIIV I3 VERTICALS INC-CLASS A BF2G4D1 26.07 60,785 1,584,664.95
0.33 SPNS SAPIENS INTL BFYZGX0 19.60 77,548 1,519,940.80
0.32 LC LENDINGCLUB CORP BK95GR4 10.24 144,015 1,474,713.60
0.31 RIOT RIOT BLOCKCHAIN INC BD9F675 4.58 312,873 1,432,958.34
0.31 9959 HK LINKLOGIS INC-CLASS B BKSCMF6 0.50 2,821,200 1,407,154.65
0.29 7342 JP WEALTHNAVI INC BMC6VV7 11.62 115,848 1,346,574.27
0.29 MARA MARATHON DIGITAL BLR7B52 6.21 212,969 1,322,537.49
0.28 LPRO OPEN LENDING CORP - CL A BMTD3M6 7.29 178,071 1,298,137.59
0.27 LEON SW LEONTEQ AG B7Y4738 47.38 26,634 1,262,006.07
0.25 BKKT BAKKT HOLDINGS INC BMQ7FW5 1.80 645,453 1,161,815.40
0.24 HUT CN HUT 8 MINING CORP BF11385 1.20 930,517 1,115,553.35
0.23 PAY PAYMENTUS HOLDINGS INC-A BMBP1P9 9.93 106,747 1,059,997.71
0.23 HIVE CN HIVE BLOCKCHAIN BPG8239 2.19 482,683 1,056,694.61
0.23 HYQ GR HYPOPORT SE B28XLF6 114.72 9,206 1,056,130.28
0.22 CASH 1.00 1,005,146 1,004,976.63
0.16 SUNL SUNLIGHT FINANCI BKSD259 1.73 437,172 756,307.56
0.15 ML MONEYLION INC BNKK538 0.74 959,087 709,724.38
0.15 TREE LENDINGTREE INC BV8TD84 25.12 27,522 691,352.64
0.14 PGY PAGAYA TECHNOL-A BQ5J6B6 1.03 645,407 664,769.21
0.14 BLND BLEND LABS INC-A BP8K987 1.30 500,864 651,123.20
0.14 BITF CN BITFARMS LTD/CANADA BGMG7B7 0.57 1,114,439 638,979.88
Holdings are subject to change.

Sector Breakdown As of 10/31/22

Sector Weight (%)
Information Technology 81.9
Financials 9.6
Industrials 3.6
Communication Services 3.0
Health Care 1.9

Source: AltaVista Research, LLC

Country Breakdown As of 10/31/22

Country Weight (%)
United States 74.3
Netherlands 6.2
Italy 3.4
Britain 2.7
New Zealand 2.2
Brazil 1.7
China 1.6
Canada 1.6
Switzerland 1.5
Australia 1.1
Uruguay 1.1
Other/Cash 2.6

Source: AltaVista Research, LLC

ETF Characteristics As of 12/01/22

Return on Equity 5.20%
Weighted Avg. Market Cap 32,202 M
2021 2022
Price-to-earnings 17.58 50.21
Price-to-book value 2.64 2.55

Source: AltaVista Research, LLC

ETF Risk Stats As of 11/30/22

Versus Beta
S&P 500 1.35
MSCI EAFE 1.21
MSCI Emg. Mkts 0.93
Standard Deviation 33.40%

Source: AltaVista Research, LLC

ETF Research

View More Related Research

Investing involves risk, including the possible loss of principal. The investable universe of companies in which FINX may invest may be limited. The Fund invests in securities of companies engaged in Information Technology which can be affected by rapid product obsolescence, and intense industry competition. 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. FINX 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.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. 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 Indxx, nor does Indxx 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 Indxx.

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