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 01/19/22

Inception Date 09/12/16
Total Expense Ratio 0.68%
Net Assets $954.98 million
NAV $34.40
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 01/19/22

Ticker FINX
Bloomberg Index Ticker IFINXNT
CUSIP 37954Y814
ISIN US37954Y8140
Primary Exchange Nasdaq
Shares Outstanding 27,760,000
Number of Holdings 66
30-Day Median Bid-Ask Spread 0.21%

Distributions As of 01/19/22

30-Day SEC Yield -0.42%
Distribution Frequency Semi-Annually

ETF Prices As of 01/19/22

NAV $34.40 Daily Change -$0.09 -0.26%
Market Price $34.39 Daily Change -$0.01 -0.03%

Performance History

As of recent month & quarter-end (12/31/21)
As of recent month & quarter-end (12/31/21)
Fund NAV Market Price Index
1 Year -9.71% -9.72% -9.26%
3 Years 23.91% 23.96% 24.65%
5 Years 23.84% 23.79% 24.61%
Since Inception 21.48% 21.48% 22.21%
1 Year -9.71% -9.72% -9.26%
3 Years 23.91% 23.96% 24.65%
5 Years 23.84% 23.79% 24.61%
Since Inception 21.48% 21.48% 22.21%
Year-to-Date -9.71% -9.72% -9.26%
1 Month -7.37% -7.60% -7.35%
3 Months -12.31% -12.18% -12.23%
Since Inception 180.43% 180.48% 189.74%
Year-to-Date -9.71% -9.72% -9.26%
1 Month -7.37% -7.60% -7.35%
3 Months -12.31% -12.18% -12.23%
Since Inception 180.43% 180.48% 189.74%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 01/19/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.97 INTU INTUIT INC 2459020 545.35 139,604 76,133,041.40
6.84 FISV FISERV INC 2342034 106.05 615,473 65,270,911.65
6.30 ADYEN NA ADYEN NV BZ1HM42 2,090.65 28,779 60,166,703.95
5.42 FIS FIDELITY NATIONA 2769796 113.30 456,675 51,741,277.50
5.32 SSNC SS&C TECHNOLOGIE B58YSC6 81.84 620,912 50,815,438.08
5.16 COIN COINBASE GLOBA-A BMC9P69 219.50 224,668 49,314,626.00
4.22 PYPL PAYPAL HOLDINGS INC BYW36M8 173.55 232,361 40,326,251.55
3.79 SQ BLOCK INC BYNZGK1 128.14 282,350 36,180,329.00
3.55 BILL BILL.COM HOLDINGS INC BKDS4H5 167.94 201,936 33,913,131.84
3.20 XRO AU XERO LTD B8P4LP4 85.01 359,988 30,600,994.59
2.95 BKI BLACK KNIGHT INC BDG75V1 73.91 380,902 28,152,466.82
2.81 APT AU AFTERPAY LTD BF5L8B9 48.06 559,158 26,870,754.88
2.64 377300 KS KAKAO PAY CORP BP8ZCS3 107.41 234,730 25,211,193.62
2.47 NEXI IM NEXI SPA BJ1F880 15.48 1,522,241 23,564,556.63
2.42 AFRM AFFIRM HOLDINGS INC BMF9NM8 64.30 358,980 23,082,414.00
2.34 TEMN SW TEMENOS AG - REG 7147892 124.09 179,942 22,329,501.12
2.15 GWRE GUIDEWIRE SOFTWARE INC B7JYSG3 101.66 202,161 20,551,687.26
2.08 UPST UPSTART HOLDINGS INC BL53QN5 106.01 187,044 19,828,534.44
2.07 SOFI SOFI TECHNOLOGIES INC BM8J4C2 13.71 1,439,734 19,738,753.14
2.06 LU LUFAX HOLDING LTD-ADR BNDK6G5 4.79 4,109,650 19,685,223.50
1.80 WISE LN WISE PLC - A BL9YR75 9.40 1,827,694 17,177,678.20
1.07 PAGS PAGSEGURO DIGI-A BFWK4R7 20.96 488,940 10,248,182.40
1.05 NCNO NCINO INC BMC8TD1 43.24 231,798 10,022,945.52
1.03 HQY HEALTHEQUITY INC BP8XZL1 48.47 202,381 9,809,407.07
1.02 STNE STONECO LTD-A BGKG6M3 15.23 641,098 9,763,922.54
1.02 ENV ENVESTNET INC B474ZK7 73.43 132,119 9,701,498.17
0.99 SIM DC SIMCORP A/S BBCR9N1 96.34 98,434 9,483,058.77
0.90 VIRT VIRTU FINANCIA-A BWTVWD4 29.51 290,058 8,559,611.58
0.88 NVEI CN NUVEI CORP-SUB V BMFNHJ5 62.13 135,533 8,421,131.51
0.84 HYQ GR HYPOPORT SE B28XLF6 506.44 15,739 7,970,831.70
0.74 DLO DLOCAL LTD BKVF490 27.07 261,739 7,085,274.73
0.65 EPAY BOTTOMLINE TECH 2389558 56.37 109,998 6,200,587.26
0.63 MARA MARATHON DIGITAL BLR7B52 24.85 241,773 6,008,059.05
0.60 LPRO OPEN LENDING CORP - CL A BMTD3M6 18.60 305,977 5,691,172.20
0.60 HUT CN HUT 8 MINING CORP BF11385 6.06 939,138 5,688,107.10
0.55 FLYW FLYWIRE CORP-VOTING BMBP1Q0 30.09 175,574 5,283,021.66
0.54 LC LENDINGCLUB CORP BK95GR4 21.92 235,602 5,164,395.84
0.54 FOUR SHIFT4 PAYMENT-A BLF0L75 49.13 104,598 5,138,899.74
0.48 PSFE PAYSAFE LTD BLGZKV6 3.56 1,286,228 4,578,971.68
0.44 LEON SW LEONTEQ AG B7Y4738 74.87 56,292 4,214,604.31
0.44 TREE LENDINGTREE INC BV8TD84 129.52 32,161 4,165,492.72
0.43 SPNS SAPIENS INTL BFYZGX0 31.03 132,331 4,106,230.93
0.43 RIOT RIOT BLOCKCHAIN INC BD9F675 17.49 232,425 4,065,113.25
0.41 IRE AU IRESS LTD 6297497 8.38 468,609 3,928,620.78
0.38 Z1P AU ZIP CO LTD BYVLXJ9 2.64 1,360,038 3,594,424.72
0.36 9923 HK YEAHKA LTD BL58D39 3.17 1,091,414 3,460,070.18
0.35 PAYO PAYONEER GLOBAL INC BLSPX60 5.58 601,924 3,358,735.92
0.35 BITF CN BITFARMS LTD/CANADA BGMG7B7 4.08 814,274 3,318,256.01
0.34 BOKU LN BOKU INC BF0GJW7 2.24 1,465,439 3,275,482.75
0.34 HUB AU HUB24 LTD BD4T5X1 19.80 165,091 3,268,798.22
0.34 9959 HK LINKLOGIS INC-CLASS B BKSCMF6 0.90 3,604,100 3,238,122.74
0.33 TOST TOAST INC-CLASS A BP6D7B7 24.20 131,026 3,170,829.20
0.33 BCOR BLUCORA INC B8L2DV2 16.42 190,394 3,126,269.48
0.32 HIVE CN HIVE BLOCKCHAIN BYZ9816 2.12 1,457,433 3,086,054.69
0.30 MITK MITEK SYSTEMS INC 2597072 16.25 175,441 2,850,916.25
0.26 PAY PAYMENTUS HOLDINGS INC-A BMBP1P9 26.15 96,371 2,520,101.65
0.26 SUNL SUNLIGHT FINANCI BKSD259 3.23 772,093 2,493,860.39
0.26 MLNK MERIDIANLINK INC BMV7CG3 17.14 142,522 2,442,827.08
0.25 KPLT KATAPULT HOLDINGS INC BMG0ZL3 2.61 911,532 2,379,098.52
0.25 BTBT BIT DIGITAL INC BMH6DN8 5.02 473,088 2,374,901.76
0.25 QIWI QIWI PLC-SPONSORED ADR B8SCPH5 7.50 311,706 2,337,795.00
0.21 4479 JP MAKUAKE INC BJRCC38 34.15 59,024 2,015,818.79
0.21 VERX VERTEX INC - CLASS A BMX6DM1 12.91 153,350 1,979,748.50
0.17 7342 JP WEALTHNAVI INC BMC6VV7 15.09 109,664 1,654,455.13
0.11 GBOX GREENBOX POS BNKBJY0 3.86 268,898 1,037,946.28
0.11 TRIT TRITERRAS INC-CLASS A BN0TDR5 2.00 516,192 1,032,384.00
0.11 CASH 0.01 148,541,868 1,010,206.98
Holdings are subject to change.

Sector Breakdown As of 12/31/21

Sector Weight (%)
Information Technology 77.1
Financials 15.1
Industrials 4.5
Communication Services 2.5
Health Care 0.8

Source: AltaVista Research, LLC

Country Breakdown As of 12/31/21

Country Weight (%)
United States 65.4
Netherlands 6.9
Australia 4.2
New Zealand 3.4
South Korea 3.2
China 2.7
Switzerland 2.7
Italy 2.2
Canada 2.2
Brazil 2.2
Britain 1.3
Other/Cash 3.6

Source: AltaVista Research, LLC

ETF Characteristics As of 01/19/22

Return on Equity 13.50%
Weighted Avg. Market Cap 43,870 M
2020 2021
Price-to-earnings 42.68 30.69
Price-to-book value 4.41 3.91

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/19/22

Versus Beta
S&P 500 1.27
MSCI EAFE 1.18
MSCI Emg. Mkts 1.01
Standard Deviation 27.60%

Source: AltaVista Research, LLC

ETF Research

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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.