E-commerce ETF

Fund 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.

Fund 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.


High Growth Potential

EBIZ enables investors to access high growth potential through companies that are positioned to benefit from the increased adoption of E-commerce as a distribution model.

Unconstrained Approach

EBIZ's composition transcends classic sector, industry, and geographic classifications by tracking an emerging consumer theme.

ETF Efficiency

In a single trade, EBIZ delivers access to dozens of companies with high exposure to the E-commerce theme.

Fund Details As of 10/18/19

Key Facts

Ticker EBIZ
Inception Date 11/27/18
CUSIP 37954Y467
ISIN US37954Y4677
Bloomberg Index Ticker SOLEBIZ
Primary Exchange Nasdaq

Stats & Fees

Net Assets $2,603,170
NAV $17.35
Shares Outstanding 150,002
Total Expense Ratio 0.68%


30-Day SEC Yield -0.38%
Distribution Frequency Semi-Annually

Fund Prices As of 10/18/19

NAV Price
Net Asset Value $17.35 Closing Price $17.39
Daily Change -$0.39 -2.21% Daily Change -$0.38 -2.14%

Performance History

Cumulative %

Data as of month end (9/30/19)

Fund NAV Closing Price Index
1 Month -2.45% -2.39% -2.40%
3 Months -6.13% -6.12% -5.99%
6 Months -2.56% -2.61% -2.23%
Since Inception 14.27% 14.47% 14.85%

Cumulative %

Data as of quarter end (9/30/19)

Fund NAV Closing Price Index
Since Inception 14.27% 14.47% 14.85%

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.

Fund Characteristics As of 10/18/19

Return on Equity 14.20%
Average Market Cap $46,542.00 M
2018 2019
Price-to-earnings 32.86 29.58
Price-to-book value 4.47 3.96

Source: AltaVista Research, LLC

Top 10 Holdings

As of 10/18/19
Net Assets % Name Market Price ($) Shares Held Market Value ($)
5.17 OCADO GROUP PLC 17.16 7,842 134,551.06
4.82 NETEASE INC-ADR 286.03 439 125,567.17
4.64 BOOKING HOLDINGS INC 2,013.53 60 120,811.80
4.36 EXPEDIA GROUP INC 136.03 835 113,585.05
4.34 COSTAR GROUP INC 588.12 192 112,919.04
4.21 ALIBABA GRP-ADR 169.13 648 109,596.24
4.19 SHOPIFY INC - CLASS A 314.34 347 109,075.98
4.17 JD.COM INC-ADR 29.93 3,624 108,466.32
4.17 EBAY INC 38.82 2,793 108,424.26
3.91 RAKUTEN INC 9.72 10,480 101,888.22
Holdings are subject to change. Cash, where shown, includes other assets and liabilities, such as payables and receivables.

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. Global X NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange. Closing price returns 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.