| NAV | $33.03 | Daily Change | -$0.50 | -1.49% |
| Market Price | $33.01 | Daily Change | -$0.43 | -1.29% |
FinTech platforms are helping banks digitize their operations. Global FinTech revenues are forecast to grow 6x from 2021 to 2030, to roughly $1.5tn.1
Traditional financial services are being disrupted on a global scale, and e-wallets continue to gain share. Forecasts indicate that digital wallet transactions will account for 61% of point of sale and 46% of Ecommerce payments worldwide by 2027.2
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.
1Boston Consulting Group, May 2023
2Worldpay, Mar 2024
| Inception Date | 09/12/16 |
| Total Expense Ratio | 0.68% |
| Net Assets | $339.87 million |
| NAV | $33.03 |
| Fact Sheet | View the document |
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.
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.
| Ticker | FINX |
| Bloomberg Index Ticker | IFINXNT |
| CUSIP | 37954Y814 |
| ISIN | US37954Y8140 |
| Primary Exchange | Nasdaq |
| Shares Outstanding | 10,290,000 |
| Number of Holdings | 61 |
| 30-Day Median Bid-Ask Spread | 0.41% |
| 30-Day SEC Yield | 0.02% |
| Distribution Frequency | Semi-Annually |
| NAV | $33.03 | Daily Change | -$0.50 | -1.49% |
| Market Price | $33.01 | Daily Change | -$0.43 | -1.29% |
|
As of recent (09/30/24)
As of recent (09/30/24)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 39.61% | 39.46% | 40.45% |
| 3 Years | -14.77% | -14.77% | -14.48% |
| 5 Years | 0.66% | 0.62% | 1.11% |
| Since Inception | 8.85% | 8.83% | 9.42% |
| 1 Year | 52.18% | 52.70% | 53.13% |
| 3 Years | -7.49% | -7.54% | -7.15% |
| 5 Years | 3.40% | 3.39% | 3.86% |
| Since Inception | 11.22% | 11.23% | 11.81% |
| Year-to-Date | 9.86% | 9.83% | 10.38% |
| 1 Month | 1.96% | 2.04% | 2.02% |
| 3 Months | 11.18% | 11.37% | 11.34% |
| Since Inception | 97.95% | 97.73% | 106.50% |
| Year-to-Date | 33.01% | 33.27% | 33.79% |
| 1 Month | 17.10% | 17.48% | 17.20% |
| 3 Months | 23.45% | 23.82% | 23.67% |
| Since Inception | 139.66% | 139.93% | 150.30% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 7.34 | PYPL | PAYPAL HOLDINGS INC | BYW36M8 | 88.76 | 281,004 | 24,941,915.04 |
| 6.74 | FI | FISERV INC | 2342034 | 201.54 | 113,592 | 22,893,331.68 |
| 6.12 | FIS | FIDELITY NATIONA | 2769796 | 84.83 | 245,062 | 20,788,609.46 |
| 5.90 | SQ | BLOCK INC | BYNZGK1 | 94.04 | 213,361 | 20,064,468.44 |
| 5.56 | COIN | COINBASE GLOBA-A | BMC9P69 | 302.42 | 62,472 | 18,892,782.24 |
| 4.96 | ADYEN NA | ADYEN NV | BZ1HM42 | 1,570.43 | 10,732 | 16,853,829.43 |
| 4.87 | INTU | INTUIT INC | 2459020 | 647.07 | 25,579 | 16,551,403.53 |
| 4.43 | SSNC | SS&C TECHNOLOGIE | B58YSC6 | 76.92 | 195,530 | 15,040,167.60 |
| 4.00 | AFRM | AFFIRM HOLDINGS INC | BMF9NM8 | 66.32 | 205,048 | 13,598,783.36 |
| 3.82 | XRO AU | XERO LTD | B8P4LP4 | 108.92 | 119,280 | 12,992,042.09 |
| 3.82 | TOST | TOAST INC-CLASS A | BP6D7B7 | 38.27 | 338,897 | 12,969,588.19 |
| 3.47 | SOFI | SOFI TECHNOLOGIES INC | BM8J4C2 | 15.29 | 771,593 | 11,797,656.97 |
| 3.34 | GPN | GLOBAL PAYMENTS INC | 2712013 | 115.76 | 98,048 | 11,350,036.48 |
| 3.26 | GWRE | GUIDEWIRE SOFTWARE INC | B7JYSG3 | 171.34 | 64,723 | 11,089,638.82 |
| 3.00 | JKHY | JACK HENRY | 2469193 | 177.27 | 57,563 | 10,204,193.01 |
| 2.81 | WISE LN | WISE PLC - A | BL9YR75 | 11.81 | 808,876 | 9,552,436.46 |
| 2.19 | BILL | BILL HOLDINGS INC | BKDS4H5 | 89.66 | 83,053 | 7,446,531.98 |
| 1.90 | HQY | HEALTHEQUITY INC | BP8XZL1 | 95.39 | 67,780 | 6,465,534.20 |
| 1.86 | NEXI IM | NEXI SPA | BJ1F880 | 6.08 | 1,037,148 | 6,308,063.20 |
| 1.49 | UPST | UPSTART HOLDINGS INC | BL53QN5 | 74.02 | 68,277 | 5,053,863.54 |
| 1.35 | ACIW | ACI WORLDWIDE INC | 2889155 | 53.41 | 85,888 | 4,587,278.08 |
| 1.30 | FOUR | SHIFT4 PAYMENT-A | BLF0L75 | 98.52 | 44,942 | 4,427,685.84 |
| 1.19 | TEMN SW | TEMENOS AG - REG | 7147892 | 67.88 | 59,376 | 4,030,623.75 |
| 1.18 | MARA | MARA HOLDINGS INC | BLR7B52 | 22.81 | 175,867 | 4,010,646.94 |
| 0.95 | NCNO | NCINO INC | BMC8TD1 | 36.00 | 89,372 | 3,217,392.00 |
| 0.85 | HUB AU | HUB24 LTD | BD4T5X1 | 45.29 | 63,937 | 2,895,749.11 |
| 0.85 | PAYO | PAYONEER GLOBAL INC | BLSPX60 | 10.13 | 285,818 | 2,895,336.34 |
| 0.76 | VERX | VERTEX INC - CLASS A | BMX6DM1 | 54.62 | 47,235 | 2,579,975.70 |
| 0.74 | VIRT | VIRTU FINANCIA-A | BWTVWD4 | 35.48 | 70,635 | 2,506,129.80 |
| 0.68 | LMND | LEMONADE INC | BMGNTQ5 | 41.67 | 55,237 | 2,301,725.79 |
| 0.65 | 377300 KS | KAKAOPAY CORP | BP8ZCS3 | 21.23 | 104,682 | 2,222,672.37 |
| 0.59 | STNE | STONECO LTD-A | BGKG6M3 | 9.05 | 220,165 | 1,992,493.25 |
| 0.56 | FLYW | FLYWIRE CORP-VOTING | BMBP1Q0 | 20.41 | 93,581 | 1,909,988.21 |
| 0.53 | RIOT | RIOT PLATFORMS INC | BD9F675 | 11.10 | 161,659 | 1,794,414.90 |
| 0.52 | HUT CN | HUT 8 CORP | BQQ8805 | 25.61 | 69,464 | 1,779,066.70 |
| 0.46 | ZIP AU | ZIP CO LTD | BPP1Y77 | 1.87 | 826,653 | 1,548,137.94 |
| 0.45 | GLXY CN | GALAXY DIGITAL HOLDINGS | BD5H1G9 | 18.34 | 83,527 | 1,531,480.62 |
| 0.45 | DLO | DLOCAL LTD | BKVF490 | 11.82 | 128,062 | 1,513,692.84 |
| 0.41 | MLNK | MERIDIANLINK INC | BMV7CG3 | 22.86 | 60,239 | 1,377,063.54 |
| 0.40 | LC | LENDINGCLUB CORP | BK95GR4 | 15.40 | 87,221 | 1,343,203.40 |
| 0.36 | CIFR | CIPHER MINING INC | BMZ8604 | 6.13 | 201,174 | 1,233,196.62 |
| 0.35 | SPNS | SAPIENS INTL | BFYZGX0 | 28.11 | 42,737 | 1,201,337.07 |
| 0.35 | LU | LUFAX HOLDING LTD-ADR | BR0V7R7 | 2.66 | 444,307 | 1,181,856.62 |
| 0.33 | PAGS | PAGSEGURO DIGI-A | BFWK4R7 | 7.09 | 159,105 | 1,128,054.45 |
| 0.29 | HYQ GR | HYPOPORT SE | B28XLF6 | 184.77 | 5,376 | 993,348.95 |
| 0.28 | BLND | BLEND LABS INC-A | BP8K987 | 5.09 | 184,800 | 940,632.00 |
| 0.27 | PSFE | PAYSAFE LTD | BPCPXY2 | 19.21 | 47,834 | 918,891.14 |
| 0.24 | IRE AU | IRESS LTD | 6297497 | 5.66 | 144,309 | 816,291.85 |
| 0.21 | ML | MONEYLION INC | BP5HQH9 | 88.02 | 8,029 | 706,712.58 |
| 0.17 | LPRO | OPEN LENDING CORP | BMTD3M6 | 6.12 | 92,840 | 568,180.80 |
| 0.16 | CTLP | CANTALOUPE INC | BMH10B0 | 9.52 | 56,424 | 537,156.48 |
| 0.15 | PAY | PAYMENTUS HOLDINGS INC-A | BMBP1P9 | 32.12 | 15,924 | 511,478.88 |
| 0.15 | 863 HK | OSL GROUP LTD | BKPSJS9 | 1.05 | 484,500 | 506,589.29 |
| 0.14 | 7342 JP | WEALTHNAVI INC | BMC6VV7 | 12.78 | 38,405 | 490,776.14 |
| 0.14 | BITF | BITFARMS LTD/CANADA | BK9Z566 | 2.01 | 234,019 | 470,378.19 |
| 0.12 | IIIV | I3 VERTICALS INC-CLASS A | BF2G4D1 | 23.35 | 18,025 | 420,883.75 |
| 0.12 | TREE | LENDINGTREE INC | BV8TD84 | 41.33 | 10,139 | 419,044.87 |
| 0.10 | 9959 HK | LINKLOGIS INC-CLASS B | BKSCMF6 | 0.23 | 1,569,500 | 353,240.95 |
| 0.10 | OTHER PAYABLE & RECEIVABLES | 1.00 | 351,407 | 351,406.68 | ||
| 0.10 | PGY | PAGAYA TECHNOL-A | BQ5J6B6 | 9.67 | 36,292 | 350,943.64 |
| 0.10 | MITK | MITEK SYSTEMS INC | 2597072 | 9.14 | 35,356 | 323,153.84 |
| 0.02 | BKKT | BAKKT HOLDINGS INC | BMDLW29 | 25.11 | 2,953 | 74,149.83 |
| 0.02 | CASH | 1.00 | 51,366 | 51,365.89 | ||
| 0.00 | AUSTRALIAN DOLLAR | 0.64 | 540 | 343.98 | ||
| 0.00 | DANISH KRONE | 0.14 | -11,310 | -1,593.08 |
| Sector | Weight (%) | |
|---|---|---|
| Information Technology | 54.3 | |
| Financials | 43.7 | |
| Health Care | 2.0 |
| Industry | Weight (%) | |
|---|---|---|
| Software & Services | 54.2 | |
| Financial Services | 42.8 | |
| Health Care Equipment & Services | 2.0 | |
| Insurance | 0.8 | |
| Technology Hardware & Equipment | 0.2 |
| Country | Weight (%) | |
|---|---|---|
| United States | 80.2 | |
| Netherlands | 4.5 | |
| New Zealand | 3.9 | |
| Britain | 2.9 | |
| Italy | 1.8 | |
| Australia | 1.7 | |
| Switzerland | 1.1 | |
| Brazil | 0.9 | |
| Canada | 0.7 | |
| China | 0.6 | |
| South Korea | 0.5 | |
| Other | 1.2 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
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.