| NAV | $19.91 | Daily Change | -$0.23 | -1.14% |
| Market Price | $19.80 | Daily Change | -$0.28 | -1.39% |
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
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.
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
| Inception Date | 09/12/16 |
| Total Expense Ratio | 0.68% |
| Net Assets | $383.71 million |
| NAV | $19.91 |
| Fact Sheet |
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 | 19,270,000 |
| Number of Holdings | 63 |
| 30-Day Median Bid-Ask Spread | 0.19% |
| 30-Day SEC Yield | -0.14% |
| Distribution Frequency | Semi-Annually |
| NAV | $19.91 | Daily Change | -$0.23 | -1.14% |
| Market Price | $19.80 | Daily Change | -$0.28 | -1.39% |
|
As of recent (12/31/22)
As of recent (12/31/22)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | -52.01% | -51.79% | -51.92% |
| 3 Years | -12.68% | -12.53% | -12.31% |
| 5 Years | -1.50% | -1.49% | -0.96% |
| Since Inception | 4.82% | 4.90% | 5.40% |
| 1 Year | -34.60% | -34.67% | -34.61% |
| 3 Years | -9.69% | -9.75% | -9.34% |
| 5 Years | -0.83% | -0.83% | -0.33% |
| Since Inception | 6.16% | 6.15% | 6.73% |
| Year-to-Date | -52.01% | -51.79% | -51.92% |
| 1 Month | -6.26% | -6.37% | -6.25% |
| 3 Months | -5.84% | -5.07% | -5.82% |
| Since Inception | 34.58% | 35.20% | 39.31% |
| Year-to-Date | 9.34% | 8.78% | 9.34% |
| 1 Month | -5.42% | -5.72% | -5.43% |
| 3 Months | 2.50% | 1.85% | 2.51% |
| Since Inception | 47.15% | 47.07% | 52.33% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 7.00 | ADYEN NA | ADYEN NV | BZ1HM42 | 1,584.07 | 16,943 | 26,838,824.96 |
| 6.83 | INTU | INTUIT INC | 2459020 | 432.49 | 60,600 | 26,208,894.00 |
| 6.19 | PYPL | PAYPAL HOLDINGS INC | BYW36M8 | 72.56 | 327,391 | 23,755,490.96 |
| 6.00 | FISV | FISERV INC | 2342034 | 111.10 | 207,236 | 23,023,919.60 |
| 5.01 | SQ | BLOCK INC | BYNZGK1 | 61.88 | 310,869 | 19,236,573.72 |
| 4.95 | FIS | FIDELITY NATIONA | 2769796 | 49.97 | 379,713 | 18,974,258.61 |
| 4.32 | SSNC | SS&C TECHNOLOGIE | B58YSC6 | 53.93 | 307,495 | 16,583,205.35 |
| 4.21 | GPN | GLOBAL PAYMENTS INC | 2712013 | 98.44 | 164,114 | 16,155,382.16 |
| 4.15 | COIN | COINBASE GLOBA-A | BMC9P69 | 66.30 | 239,869 | 15,903,314.70 |
| 3.74 | JKHY | JACK HENRY | 2469193 | 146.68 | 97,902 | 14,360,265.36 |
| 3.66 | NEXI IM | NEXI SPA | BJ1F880 | 7.98 | 1,758,351 | 14,032,034.29 |
| 3.13 | XRO AU | XERO LTD | B8P4LP4 | 59.73 | 201,303 | 12,024,186.13 |
| 2.99 | BKI | BLACK KNIGHT INC | BDG75V1 | 54.90 | 209,244 | 11,487,495.60 |
| 2.69 | BILL | BILL HOLDINGS INC | BKDS4H5 | 72.24 | 142,672 | 10,306,625.28 |
| 2.45 | WISE LN | WISE PLC - A | BL9YR75 | 6.84 | 1,372,777 | 9,387,637.05 |
| 2.23 | GWRE | GUIDEWIRE SOFTWARE INC | B7JYSG3 | 77.85 | 109,762 | 8,544,971.70 |
| 2.12 | 377300 KS | KAKAOPAY CORP | BP8ZCS3 | 45.37 | 179,610 | 8,149,082.80 |
| 1.99 | TOST | TOAST INC-CLASS A | BP6D7B7 | 16.11 | 473,081 | 7,621,334.91 |
| 1.87 | SOFI | SOFI TECHNOLOGIES INC | BM8J4C2 | 5.78 | 1,243,860 | 7,189,510.80 |
| 1.73 | TEMN SW | TEMENOS AG - REG | 7147892 | 66.13 | 100,425 | 6,640,830.96 |
| 1.71 | HQY | HEALTHEQUITY INC | BP8XZL1 | 57.68 | 113,456 | 6,544,142.08 |
| 1.57 | LU | LUFAX HOLDING LTD-ADR | BNDK6G5 | 1.97 | 3,062,982 | 6,034,074.54 |
| 1.27 | FOUR | SHIFT4 PAYMENT-A | BLF0L75 | 68.63 | 71,001 | 4,872,798.63 |
| 1.03 | ENV | ENVESTNET INC | B474ZK7 | 53.58 | 74,079 | 3,969,152.82 |
| 1.03 | SIM DC | SIMCORP A/S | BBCR9N1 | 72.67 | 54,205 | 3,938,825.09 |
| 1.02 | FLYW | FLYWIRE CORP-VOTING | BMBP1Q0 | 27.86 | 139,735 | 3,893,017.10 |
| 0.98 | ACIW | ACI WORLDWIDE INC | 2889155 | 24.96 | 150,446 | 3,755,132.16 |
| 0.96 | NVEI CN | NUVEI CORP-SUB V | BMFNHJ5 | 42.24 | 87,220 | 3,684,452.74 |
| 0.87 | DLO | DLOCAL LTD | BKVF490 | 15.32 | 216,693 | 3,319,736.76 |
| 0.86 | STNE | STONECO LTD-A | BGKG6M3 | 8.83 | 375,597 | 3,316,521.51 |
| 0.86 | NCNO | NCINO INC | BMC8TD1 | 22.10 | 148,650 | 3,285,165.00 |
| 0.82 | AFRM | AFFIRM HOLDINGS INC | BMF9NM8 | 9.99 | 313,092 | 3,127,789.08 |
| 0.75 | PAYO | PAYONEER GLOBAL INC | BLSPX60 | 6.17 | 468,596 | 2,891,237.32 |
| 0.60 | VIRT | VIRTU FINANCIA-A | BWTVWD4 | 17.19 | 133,386 | 2,292,905.34 |
| 0.55 | RIOT | RIOT PLATFORMS INC | BD9F675 | 9.47 | 222,788 | 2,109,802.36 |
| 0.54 | PAGS | PAGSEGURO DIGI-A | BFWK4R7 | 7.77 | 266,949 | 2,074,193.73 |
| 0.52 | HUB AU | HUB24 LTD | BD4T5X1 | 18.77 | 106,909 | 2,006,986.04 |
| 0.47 | 9923 HK | YEAHKA LTD | BL58D39 | 3.00 | 595,914 | 1,787,810.32 |
| 0.45 | MLNK | MERIDIANLINK INC | BMV7CG3 | 16.14 | 108,036 | 1,743,701.04 |
| 0.41 | AVTA | AVANTAX INC | B8L2DV2 | 24.67 | 64,221 | 1,584,332.07 |
| 0.41 | SPNS | SAPIENS INTL | BFYZGX0 | 21.41 | 73,456 | 1,572,692.96 |
| 0.39 | IRE AU | IRESS LTD | 6297497 | 6.07 | 245,976 | 1,492,396.31 |
| 0.38 | UPST | UPSTART HOLDINGS INC | BL53QN5 | 13.58 | 108,632 | 1,475,222.56 |
| 0.36 | LEON SW | LEONTEQ AG | B7Y4738 | 55.11 | 25,243 | 1,391,042.20 |
| 0.35 | PSFE | PAYSAFE LTD | BPCPXY2 | 16.31 | 81,616 | 1,331,155.60 |
| 0.34 | MARA | MARATHON DIGITAL | BLR7B52 | 8.46 | 155,091 | 1,312,069.86 |
| 0.32 | VERX | VERTEX INC - CLASS A | BMX6DM1 | 18.99 | 64,874 | 1,231,957.26 |
| 0.31 | HYQ GR | HYPOPORT SE | B28XLF6 | 130.57 | 9,140 | 1,193,424.59 |
| 0.31 | LPRO | OPEN LENDING CORP - CL A | BMTD3M6 | 7.01 | 168,088 | 1,178,296.88 |
| 0.31 | LMND | LEMONADE INC | BMGNTQ5 | 12.74 | 92,138 | 1,173,838.12 |
| 0.29 | 9959 HK | LINKLOGIS INC-CLASS B | BKSCMF6 | 0.41 | 2,686,100 | 1,112,122.12 |
| 0.25 | LC | LENDINGCLUB CORP | BK95GR4 | 6.72 | 141,881 | 953,440.32 |
| 0.19 | IIIV | I3 VERTICALS INC-CLASS A | BF2G4D1 | 23.19 | 30,658 | 710,959.02 |
| 0.18 | CASH | 1.00 | 706,136 | 706,135.76 | ||
| 0.18 | PGY | PAGAYA TECHNOL-A | BQ5J6B6 | 1.02 | 669,976 | 683,375.52 |
| 0.16 | 7342 JP | WEALTHNAVI INC | BMC6VV7 | 9.44 | 65,209 | 615,277.87 |
| 0.14 | MITK | MITEK SYSTEMS INC | 2597072 | 9.21 | 58,920 | 542,653.20 |
| 0.13 | HUT CN | HUT 8 MINING CORP | BF11385 | 1.92 | 255,402 | 489,899.14 |
| 0.11 | TREE | LENDINGTREE INC | BV8TD84 | 25.60 | 16,840 | 431,104.00 |
| 0.11 | GLXY CN | GALAXY DIGITAL HOLDINGS | BD5H1G9 | 3.13 | 135,553 | 424,750.60 |
| 0.09 | ZIP AU | ZIP CO LTD | BPP1Y77 | 0.33 | 1,003,445 | 333,735.54 |
| 0.07 | BLND | BLEND LABS INC-A | BP8K987 | 0.96 | 288,482 | 277,346.59 |
| 0.05 | PAY | PAYMENTUS HOLDINGS INC-A | BMBP1P9 | 7.99 | 25,188 | 201,252.12 |
| 0.04 | BKKT | BAKKT HOLDINGS INC | BMQ7FW5 | 1.55 | 98,058 | 151,989.90 |
| 0.02 | KOREAN WON | 0.00 | 82,934,156 | 64,875.94 | ||
| 0.00 | BRITISH STERLING POUND | 1.25 | 0 | 0.05 | ||
| 0.00 | DANISH KRONE | 0.00 | 0 | 0.00 | ||
| 0.00 | EURO | 1.00 | 0 | -0.02 | ||
| 0.00 | NEW ZEALAND DOLLAR | 0.67 | 0 | -0.02 | ||
| 0.00 | AUSTRALIAN DOLLAR | 0.67 | -10,010 | -6,725.80 |
| Sector | Weight (%) | |
|---|---|---|
| Information Technology | 81.0 | |
| Financials | 9.9 | |
| Industrials | 4.3 | |
| Communication Services | 3.2 | |
| Health Care | 1.7 |
Source: AltaVista Research, LLC
| Country | Weight (%) | |
|---|---|---|
| United States | 72.8 | |
| Netherlands | 6.4 | |
| Italy | 3.2 | |
| Britain | 2.6 | |
| New Zealand | 2.4 | |
| China | 2.3 | |
| Switzerland | 2.0 | |
| South Korea | 1.9 | |
| Canada | 1.5 | |
| Brazil | 1.2 | |
| Australia | 1.2 | |
| Other/Cash | 2.5 |
Source: AltaVista Research, LLC
| Return on Equity | 8.00% | |
| Weighted Avg. Market Cap | 32,499 M | |
| 2022 | 2023 | |
| Price-to-earnings | 72.52 | 26.67 |
| Price-to-book value | 2.22 | 2.08 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 1.44 |
| MSCI EAFE | 1.34 |
| MSCI Emg. Mkts | 1.04 |
| Standard Deviation | 34.70% |
Source: AltaVista Research, LLC
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.