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 07/01/22

Inception Date 09/12/16
Total Expense Ratio 0.68%
Net Assets $589.88 million
NAV $21.64
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 07/01/22

Ticker FINX
Bloomberg Index Ticker IFINXNT
CUSIP 37954Y814
ISIN US37954Y8140
Primary Exchange Nasdaq
Shares Outstanding 27,260,000
Number of Holdings 66
30-Day Median Bid-Ask Spread 0.18%

Distributions As of 07/01/22

30-Day SEC Yield N/A
Distribution Frequency Semi-Annually

ETF Prices As of 07/01/22

NAV $21.64 Daily Change $0.33 1.53%
Market Price $21.69 Daily Change $0.39 1.83%

Performance History

As of recent
(03/31/22)
As of recent
(03/31/22)
Fund NAV Market Price Index
1 Year -23.18% -23.56% -22.88%
3 Years 6.89% 6.80% 7.50%
5 Years 15.96% 15.87% 16.67%
Since Inception 15.72% 15.67% 16.41%
1 Year -40.90% -40.88% -40.72%
3 Years -1.61% -1.61% -1.06%
5 Years 8.21% 8.20% 8.86%
Since Inception 10.55% 10.56% 11.20%
Year-to-Date -19.82% -20.01% -19.77%
1 Month -0.06% -0.34% -0.22%
3 Months -19.82% -20.01% -19.77%
Since Inception 124.86% 124.35% 132.45%
Year-to-Date -36.73% -36.72% -36.66%
1 Month -5.59% -5.13% -5.58%
3 Months -21.15% -21.16% -21.23%
Since Inception 77.42% 77.48% 83.52%

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 07/01/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.34 SQ BLOCK INC BYNZGK1 63.90 585,547 37,416,453.30
6.31 ADYEN NA ADYEN NV BZ1HM42 1,457.93 25,521 37,207,958.89
6.24 FISV FISERV INC 2342034 92.58 397,414 36,792,588.12
6.14 INTU INTUIT INC 2459020 388.31 93,252 36,210,684.12
6.12 FIS FIDELITY NATIONA 2769796 93.58 385,715 36,095,209.70
5.89 PYPL PAYPAL HOLDINGS INC BYW36M8 71.40 486,669 34,748,166.60
4.50 GPN GLOBAL PAYMENTS INC 2712013 110.93 239,274 26,542,664.82
4.41 SSNC SS&C TECHNOLOGIE B58YSC6 58.83 441,724 25,986,622.92
4.34 LU LUFAX HOLDING LTD-ADR BNDK6G5 6.21 4,122,350 25,599,793.50
3.95 JKHY JACK HENRY 2469193 184.27 126,318 23,276,617.86
3.48 BILL BILL.COM HOLDINGS INC BKDS4H5 113.69 180,752 20,549,694.88
3.14 NEXI IM NEXI SPA BJ1F880 8.15 2,273,601 18,532,428.14
3.03 BKI BLACK KNIGHT INC BDG75V1 66.18 270,340 17,891,101.20
2.50 COIN COINBASE GLOBA-A BMC9P69 49.04 301,040 14,763,001.60
2.29 XRO AU XERO LTD B8P4LP4 52.15 259,206 13,516,877.30
1.86 TEMN SW TEMENOS AG - REG 7147892 84.59 129,514 10,955,412.12
1.79 377300 KS KAKAOPAY CORP BP8ZCS3 45.94 229,583 10,546,997.19
1.75 GWRE GUIDEWIRE SOFTWARE INC B7JYSG3 71.11 145,210 10,325,883.10
1.46 SOFI SOFI TECHNOLOGIES INC BM8J4C2 5.41 1,586,155 8,581,098.55
1.43 HQY HEALTHEQUITY INC BP8XZL1 57.67 146,129 8,427,259.43
1.25 DLO DLOCAL LTD BKVF490 26.51 278,713 7,388,681.63
1.14 AFRM AFFIRM HOLDINGS INC BMF9NM8 17.19 391,779 6,734,681.01
1.14 TOST TOAST INC-CLASS A BP6D7B7 13.70 490,446 6,719,110.20
1.13 WISE LN WISE PLC - A BL9YR75 3.74 1,773,517 6,636,715.88
1.04 NCNO NCINO INC BMC8TD1 32.22 190,735 6,145,481.70
0.87 ACIW ACI WORLDWIDE INC 2889155 25.87 198,586 5,137,419.82
0.86 SIM DC SIMCORP A/S BBCR9N1 72.46 70,063 5,077,021.89
0.86 ENV ENVESTNET INC B474ZK7 52.80 95,475 5,041,080.00
0.82 UPST UPSTART HOLDINGS INC BL53QN5 32.82 146,625 4,812,232.50
0.72 VIRT VIRTU FINANCIA-A BWTVWD4 23.34 182,138 4,251,100.92
0.69 NVEI CN NUVEI CORP-SUB V BMFNHJ5 36.00 112,950 4,066,112.59
0.64 STNE STONECO LTD-A BGKG6M3 7.77 484,415 3,763,904.55
0.60 9959 HK LINKLOGIS INC-CLASS B BKSCMF6 0.99 3,605,100 3,565,198.26
0.60 PAGS PAGSEGURO DIGI-A BFWK4R7 10.19 345,050 3,516,059.50
0.55 FOUR SHIFT4 PAYMENT-A BLF0L75 34.93 92,641 3,235,950.13
0.54 FLYW FLYWIRE CORP-VOTING BMBP1Q0 18.40 172,434 3,172,785.60
0.46 PSFE PAYSAFE LTD BLGZKV6 1.95 1,380,847 2,692,651.65
0.43 IRE AU IRESS LTD 6297497 7.84 324,040 2,540,922.28
0.42 MLNK MERIDIANLINK INC BMV7CG3 17.66 139,932 2,471,199.12
0.40 PAYO PAYONEER GLOBAL INC BLSPX60 3.98 591,054 2,352,394.92
0.39 LPRO OPEN LENDING CORP - CL A BMTD3M6 10.69 217,664 2,326,828.16
0.39 SPNS SAPIENS INTL BFYZGX0 24.29 94,978 2,307,015.62
0.39 HYQ GR HYPOPORT SE B28XLF6 203.99 11,198 2,284,237.47
0.37 9923 HK YEAHKA LTD BL58D39 2.83 779,214 2,204,521.66
0.35 LC LENDINGCLUB CORP BK95GR4 11.83 176,138 2,083,712.54
0.34 LMND LEMONADE INC BMGNTQ5 18.73 106,398 1,992,834.54
0.32 MITK MITEK SYSTEMS INC 2597072 9.43 202,676 1,911,234.68
0.32 HUB AU HUB24 LTD BD4T5X1 13.85 137,886 1,909,403.36
0.32 VERX VERTEX INC - CLASS A BMX6DM1 10.98 170,769 1,875,043.62
0.32 BCOR BLUCORA INC B8L2DV2 18.81 99,613 1,873,720.53
0.32 IIIV I3 VERTICALS INC-CLASS A BF2G4D1 25.06 74,482 1,866,518.92
0.31 LEON SW LEONTEQ AG B7Y4738 55.13 32,610 1,797,654.81
0.30 PAY PAYMENTUS HOLDINGS INC-A BMBP1P9 13.66 130,651 1,784,692.66
0.30 7342 JP WEALTHNAVI INC BMC6VV7 12.54 141,744 1,777,110.88
0.30 ZIP AU ZIP CO LTD BPP1Y77 0.33 5,457,630 1,773,901.60
0.30 HIVE CN HIVE BLOCKCHAIN BPG8239 2.98 591,006 1,760,783.98
0.29 BKKT BAKKT HOLDINGS INC BMQ7FW5 2.17 790,128 1,714,577.76
0.28 RIOT RIOT BLOCKCHAIN INC BD9F675 4.24 383,095 1,624,322.80
0.27 ML MONEYLION INC BNKK538 1.35 1,174,235 1,585,217.25
0.27 SUNL SUNLIGHT FINANCI BKSD259 2.92 535,282 1,563,023.44
0.26 TREE LENDINGTREE INC BV8TD84 46.08 33,749 1,555,153.92
0.26 HUT CN HUT 8 MINING CORP BF11385 1.35 1,139,438 1,534,240.37
0.26 BITF CN BITFARMS LTD/CANADA BGMG7B7 1.11 1,364,447 1,520,451.68
0.25 BLND BLEND LABS INC-A BP8K987 2.41 613,169 1,477,737.29
0.25 MARA MARATHON DIGITAL BLR7B52 5.54 260,781 1,444,726.74
0.14 CASH 0.00 297,877,811 836,556.46
0.04 TRIRF TRITERRAS INC-CLASS A BN0TDR5 0.65 321,159 207,918.34
Holdings are subject to change.

Sector Breakdown As of 05/31/22

Sector Weight (%)
Information Technology 78.6
Financials 11.0
Industrials 4.5
Communication Services 4.0
Health Care 1.8
Other/Cash 0.1

Source: AltaVista Research, LLC

Country Breakdown As of 05/31/22

Country Weight (%)
United States 67.1
Netherlands 6.5
China 4.6
New Zealand 3.3
Switzerland 3.0
South Korea 2.9
Italy 2.2
Brazil 2.0
Canada 1.8
Britain 1.7
Denmark 1.1
Other/Cash 3.8

Source: AltaVista Research, LLC

ETF Characteristics As of 07/01/22

Return on Equity 11.00%
Weighted Avg. Market Cap 27,643 M
2021 2022
Price-to-earnings 18.56 22.96
Price-to-book value 2.66 2.43

Source: AltaVista Research, LLC

ETF Risk Stats As of 07/01/22

Versus Beta
S&P 500 1.43
MSCI EAFE 1.33
MSCI Emg. Mkts 1.17
Standard Deviation 31.50%

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.

Back to Top