EBIZ


E-commerce ETF

Reasons to Consider EBIZ

High Growth Potential

Despite years of strong growth, E-commerce likely represented less than 20% of global retail sales in 2023. Forecasts suggest that number could grow to 23% by 2027, representing over $2tn in additional sales.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.

Evolving Growth Drivers

Selling advertising space has become nearly as important as selling goods and services on some E-commerce platforms. Ad sales have evolved into a vital revenue source and key growth engine for a wide array of E-commerce companies.

1Insider Intelligence, Jun 2023

Key Information As of 05/28/24

Inception Date 11/27/18
Total Expense Ratio 0.50%
Net Assets $67.88 million
NAV $23.74
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 05/28/24

Ticker EBIZ
Bloomberg Index Ticker SOLEBIZ
CUSIP 37954Y467
ISIN US37954Y4677
Primary Exchange Nasdaq
Shares Outstanding 2,860,002
Number of Holdings 40
30-Day Median Bid-Ask Spread 0.37%

Distributions As of 05/28/24

30-Day SEC Yield 0.23%
Distribution Frequency Semi-Annually

ETF Prices As of 05/28/24

NAV $23.74 Daily Change -$0.27 -1.12%
Market Price $23.68 Daily Change -$0.37 -1.54%

Performance History

As of recent
(03/31/24)
As of recent
(03/31/24)
Fund NAV Market Price Index
1 Year 32.43% 32.45% 33.00%
3 Years -10.97% -11.11% -10.60%
5 Years 6.70% 6.61% 7.17%
Since Inception 9.47% 9.43% 9.95%
1 Year 31.57% 31.89% 32.20%
3 Years -12.78% -12.82% -12.42%
5 Years 4.43% 4.37% 4.88%
Since Inception 8.39% 8.38% 8.86%
Year-to-Date 12.77% 12.69% 12.91%
1 Month 4.41% 4.37% 4.44%
3 Months 12.77% 12.69% 12.91%
Since Inception 62.22% 61.88% 66.06%
Year-to-Date 7.63% 7.74% 7.80%
1 Month -4.55% -4.40% -4.53%
3 Months 13.13% 13.58% 13.25%
Since Inception 54.83% 54.76% 58.54%

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 05/28/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.44 CVNA CARVANA CO BYQHPG3 104.59 54,764 5,727,766.76
6.69 SE SEA LTD-ADR BYWD7L4 69.63 65,251 4,543,427.13
4.84 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 52.26 62,866 3,285,377.16
4.81 WSM WILLIAMS-SONOMA INC 2967589 284.32 11,487 3,265,983.84
4.56 GDDY GODADDY INC - CLASS A BWFRFC6 138.49 22,369 3,097,882.81
4.43 EBAY EBAY INC 2293819 52.90 56,798 3,004,614.20
4.17 JD JD.COM INC-ADR BMM27D9 29.89 94,793 2,833,362.77
4.06 AMZN AMAZON.COM INC 2000019 182.15 15,139 2,757,568.85
4.04 RBA RB GLOBAL INC BMWGSD8 75.28 36,456 2,744,407.68
4.04 W WAYFAIR INC- CLASS A BQXZP64 59.58 45,970 2,738,892.60
3.88 4755 JP RAKUTEN GROUP INC 6229597 5.08 517,976 2,631,738.81
3.87 BABA ALIBABA GRP-ADR BP41ZD1 80.58 32,580 2,625,296.40
3.77 BKNG BOOKING HOLDINGS INC BDRXDB4 3,790.12 676 2,562,121.12
3.54 MELI MERCADOLIBRE INC B23X1H3 1,708.00 1,408 2,404,864.00
3.47 PDD PDD HOLDINGS INC BYVW0F7 149.72 15,747 2,357,640.84
3.45 NTES NETEASE INC-ADR 2606440 91.19 25,702 2,343,765.38
3.44 CSGP COSTAR GROUP INC 2262864 83.26 28,077 2,337,691.02
3.30 VIPS VIPSHOP HOLD-ADR B3N0H17 15.96 140,424 2,241,167.04
3.00 ETSY ETSY INC BWTN5N1 61.07 33,291 2,033,081.37
2.67 GLBE GLOBAL-E ONLINE LTD BN770J3 30.58 59,277 1,812,690.66
2.56 EXPE EXPEDIA GROUP INC B748CK2 110.11 15,752 1,734,452.72
2.46 SHOP SHOPIFY INC - CLASS A BXDZ9Z0 58.19 28,733 1,671,973.27
2.36 ACVA ACV AUCTIONS INC-A BMFPJK6 18.67 85,925 1,604,219.75
1.78 TRIP TRIPADVISOR INC B6ZC3N6 17.92 67,232 1,204,797.44
0.85 SSTK SHUTTERSTOCK INC B7ZR219 36.57 15,821 578,573.97
0.66 BYON BEYOND INC 2855930 15.32 29,108 445,934.56
0.60 JMIA JUMIA TECHNOLOGIES AG-ADR BJLMY27 6.24 65,422 408,233.28
0.50 BIGC BIGCOMMERCE-1 BMDCDP2 8.14 41,439 337,313.46
0.50 TPW AU TEMPLE & WEBSTER BZ1MWM5 6.70 50,228 336,703.08
0.47 TREE LENDINGTREE INC BV8TD84 46.40 6,920 321,088.00
0.41 LQDT LIQUIDITY SERVICES INC B0ZN8Z4 19.15 14,565 278,919.75
0.39 GCT GIGACLOUD TECH-A BP0WTV4 30.62 8,640 264,556.80
0.33 VTEX VTEX -CLASS A BNLYJD7 6.81 32,706 222,727.86
0.32 ASC LN ASOS PLC 3092725 4.73 45,822 216,864.53
0.30 GRPN GROUPON INC BMTD360 15.72 12,918 203,070.93
0.24 ANGI ANGI INC BF4VWH4 2.15 75,860 163,099.00
0.24 QRTEA QURATE RETAIL-A BZ19HB0 0.72 225,234 162,326.14
0.23 4477 JP BASE INC BKRQ8Q2 1.86 85,771 159,133.93
0.20 EHTH EHEALTH INC B1G0F83 5.84 23,587 137,748.08
0.10 CASH 1.00 65,006 65,006.35
0.05 LPSN LIVEPERSON INC 2577052 0.66 50,154 33,006.35
-0.02 OTHER PAYABLE & RECEIVABLES 1.00 -16,498 -16,497.95
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 04/30/24

Sector Weight (%)
Consumer Discretionary 67.1
Communication Services 13.4
Industrials 10.6
Information Technology 8.3
Financials 0.7

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Internet Retail 34.7
Internet Software/Services 25.1
Other Consumer Services 20.9
Specialty Stores 13.7
Miscellaneous Commercial Services 3.8
Finance/Rental/Leasing 0.6
Information Technology Services 0.4
Packaged Software 0.4
Advertising/Marketing Services 0.3
Life/Health Insurance 0.2

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 51.0
China 23.1
Canada 7.3
Singapore 6.5
Japan 4.2
Argentina 3.2
Israel 3.1
Britain 0.7
Australia 0.6
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 05/28/24

Return on Equity 15.10%
Weighted Avg. Market Cap 117,072 M
2023 2024
Price-to-earnings 38.74 27.95
Price-to-book value 4.51 3.97

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 04/30/24

Versus Beta
S&P 500 1.32
NASDAQ-100 1.01
MSCI EAFE 1.44
MSCI Emg. Mkts 1.52
Standard Deviation 31.00%

Source: new windowAltaVista Research, LLC

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.