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 10/26/21

Inception Date 09/12/16
Total Expense Ratio 0.68%
Net Assets $1.44 billion
NAV $52.10
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 10/26/21

Ticker FINX
Bloomberg Index Ticker IFINXNT
CUSIP 37954Y814
ISIN US37954Y8140
Primary Exchange Nasdaq
Shares Outstanding 27,580,000
Number of Holdings 54
30-Day Median Bid-Ask Spread 0.15%

Distributions As of 10/26/21

30-Day SEC Yield -0.48%
Distribution Frequency Semi-Annually

ETF Prices As of 10/26/21

NAV $52.10 Daily Change -$0.54 -1.03%
Market Price $52.39 Daily Change -$0.44 -0.83%

Performance History

As of recent month & quarter-end (09/30/21)
As of recent month & quarter-end (09/30/21)
Fund NAV Market Price Index
1 Year 26.63% 26.37% 27.41%
3 Years 18.77% 18.75% 19.50%
5 Years 25.76% 25.65% 26.55%
Since Inception 25.88% 25.85% 26.67%
1 Year 26.63% 26.37% 27.41%
3 Years 18.77% 18.75% 19.50%
5 Years 25.76% 25.65% 26.55%
Since Inception 25.88% 25.85% 26.67%
Year-to-Date 2.96% 2.80% 3.38%
1 Month -6.64% -6.65% -6.63%
3 Months 0.75% 0.73% 0.86%
Since Inception 219.78% 219.38% 230.11%
Year-to-Date 2.96% 2.80% 3.38%
1 Month -6.64% -6.65% -6.63%
3 Months 0.75% 0.73% 0.86%
Since Inception 219.78% 219.38% 230.11%

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 10/26/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.38 ADYEN NA ADYEN NV BZ1HM42 3,155.29 33,619 106,077,666.03
6.91 INTU INTUIT INC 2459020 608.61 163,128 99,281,332.08
6.05 SQ SQUARE INC - A BYNZGK1 263.39 330,155 86,959,525.45
5.84 COIN COINBASE GLOBA-A BMC9P69 319.49 262,527 83,874,751.23
5.50 FISV FISERV INC 2342034 109.84 719,293 79,007,143.12
4.97 UPST UPSTART HOLDINGS INC BL53QN5 327.08 218,194 71,366,893.52
4.70 BILL BILL.COM HOLDINGS INC BKDS4H5 286.29 236,057 67,580,758.53
4.60 PYPL PAYPAL HOLDINGS INC BYW36M8 243.00 271,683 66,018,969.00
4.55 FIS FIDELITY NATIONA 2769796 122.40 533,802 65,337,364.80
4.45 AFRM AFFIRM HOLDINGS INC BMF9NM8 151.86 420,685 63,885,224.10
4.32 APT AU AFTERPAY LTD BF5L8B9 95.14 652,131 62,042,858.85
3.80 SSNC SS&C TECHNOLOGIE B58YSC6 75.24 725,298 54,571,421.52
3.32 XRO AU XERO LTD B8P4LP4 113.66 419,520 47,684,545.98
2.55 NEXI IM NEXI SPA BJ1F880 20.42 1,790,675 36,560,064.40
2.31 LU LUFAX HOLDING LTD-ADR BNDK6G5 6.87 4,823,760 33,139,231.20
2.27 BKI BLACK KNIGHT INC BDG75V1 73.09 446,632 32,644,332.88
2.06 GWRE GUIDEWIRE SOFTWARE INC B7JYSG3 125.06 237,029 29,642,846.74
1.97 TEMN SW TEMENOS AG - REG 7147892 133.44 211,619 28,238,862.48
1.91 STNE STONECO LTD-A BGKG6M3 36.45 753,412 27,461,867.40
1.55 PAGS PAGSEGURO DIGI-A BFWK4R7 38.72 573,967 22,224,002.24
1.46 NVEI CN NUVEI CORP-SUB V BMFNHJ5 131.84 158,767 20,931,262.66
1.34 NCNO NCINO INC BM9ZJT1 70.96 271,641 19,275,645.36
1.12 HQY HEALTHEQUITY INC BP8XZL1 67.96 237,489 16,139,752.44
1.04 MARA MARATHON DIGITAL BLR7B52 52.86 282,709 14,943,997.74
0.98 HUT CN HUT 8 MINING CORP BF11385 12.91 1,090,606 14,076,882.10
0.98 SIM DC SIMCORP A/S BBCR9N1 121.56 115,218 14,005,975.17
0.92 ENV ENVESTNET INC B474ZK7 85.08 154,686 13,160,684.88
0.81 LPRO OPEN LENDING CORP - CL A BMTD3M6 32.24 359,021 11,574,837.04
0.78 HYQ GR HYPOPORT SE B28XLF6 607.52 18,435 11,199,670.73
0.67 FOUR SHIFT4 PAYMENT-A BLF0L75 78.24 122,653 9,596,370.72
0.66 LC LENDINGCLUB CORP BK95GR4 34.70 274,371 9,520,673.70
0.62 VIRT VIRTU FINANCIA-A BWTVWD4 26.25 339,322 8,907,202.50
0.57 Z1P AU ZIP CO LTD BYVLXJ9 5.11 1,595,284 8,149,537.75
0.56 GSKY GREENSKY INC-CLASS A BFM2GV1 12.32 656,930 8,093,377.60
0.54 RIOT RIOT BLOCKCHAIN INC BD9F675 28.44 272,470 7,749,046.80
0.45 HIVE CN HIVE BLOCKCHAIN BYZ9816 3.81 1,699,784 6,480,336.40
0.42 EPAY BOTTOMLINE TECH 2389558 47.50 128,030 6,081,425.00
0.40 TREE LENDINGTREE INC BV8TD84 151.93 37,747 5,734,901.71
0.39 BTBT BIT DIGITAL INC BMH6DN8 10.13 551,327 5,584,942.51
0.37 SPNS SAPIENS INTL BFYZGX0 34.36 153,937 5,289,275.32
0.35 IRE AU IRESS LTD 6297497 9.13 547,002 4,992,881.35
0.34 BITF CN BITFARMS LTD/CANADA BGMG7B7 5.19 946,487 4,915,723.44
0.32 HUB AU HUB24 LTD BD4T5X1 24.14 192,323 4,642,244.44
0.31 BOKU LN BOKU INC BF0GJW7 2.59 1,707,761 4,415,953.27
0.30 LEON SW LEONTEQ AG B7Y4738 67.26 64,050 4,308,280.36
0.30 9923 HK YEAHKA LTD BL58D39 3.34 1,281,614 4,277,458.74
0.28 TRIT TRITERRAS INC-CLASS A BN0TDR5 6.67 608,424 4,058,188.08
0.28 MITK MITEK SYSTEMS INC 2597072 19.76 204,477 4,040,465.52
0.26 7342 JP WEALTHNAVI INC BMC6VV7 29.19 128,582 3,753,192.16
0.26 BCOR BLUCORA INC B8L2DV2 16.63 221,692 3,686,737.96
0.25 VERX VERTEX INC - CLASS A BMX6DM1 19.74 179,117 3,535,769.58
0.23 QIWI QIWI PLC-SPONSORED ADR B8SCPH5 9.22 363,815 3,354,374.30
0.19 4479 JP MAKUAKE INC BJRCC38 39.56 68,987 2,729,169.31
0.18 GBOX GREENBOX POS BNKBJY0 8.30 317,404 2,634,453.20
0.10 CASH 1.01 1,357,322 1,367,334.44
Holdings are subject to change.

Sector Breakdown As of 09/30/21

Sector Weight (%)
Information Technology 78.3
Communication Services 11.8
Financials 6.3
Industrials 3.6

Source: AltaVista Research, LLC

Country Breakdown As of 09/30/21

Country Weight (%)
United States 65.7
Netherlands 7.1
Australia 5.6
Brazil 4.2
New Zealand 3.2
China 3.2
Canada 2.7
Italy 2.5
Switzerland 2.5
Denmark 1.0
Germany 0.9
Other/Cash 1.4

Source: AltaVista Research, LLC

ETF Characteristics As of 10/26/21

Return on Equity 13.80%
Weighted Avg. Market Cap 53,220 M
2020 2021
Price-to-earnings 60.47 42.86
Price-to-book value 6.32 5.59

Source: AltaVista Research, LLC

ETF Risk Stats As of 10/26/21

Versus Beta
S&P 500 1.30
MSCI EAFE 1.27
MSCI Emg. Mkts 1.02
Standard Deviation 28.10%

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.