PropTech ETF

Reasons to Consider PTEC

High Growth Potential

Forecasts suggest the global property technology (PropTech) market could reach over $100bn by 2032, a 3x increase from 2023.1

Structural Tailwinds

Real estate represents the largest store of wealth compared to any other financial asset class.2 We believe the convergence of new technologies and emerging demographic trends make the sector ripe for disruption.

Unconstrained Approach

The universe of PropTech companies defies traditional categorization. PTEC invests accordingly, with global exposure across multiple sectors and industries.

1Market Research Future, Mar 2024
2Based on a valuation of $379.7tn per Savills Research, Sep 2023

Key Information As of 04/23/24

Inception Date 04/11/23
Total Expense Ratio 0.51%
Net Assets $2.97 million
NAV $29.75
Fact Sheet View the document

ETF Summary

The Global X PropTech ETF (PTEC) seeks to invest in companies that are positioned to benefit from technology that optimizes the way people buy, sell, rent, design, construct, manage, and research/market residential and commercial properties. This includes software used in property management, online marketplaces, real estate research and analytics platforms, as well as next-generation digital infrastructure/hardware, such as smart security systems and virtual or augmented reality solutions.

ETF Objective

The Global X PropTech ETF (PTEC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X PropTech Index.

Trading Details As of 04/23/24

Ticker PTEC
Bloomberg Index Ticker GXPTECN
CUSIP 37960A594
ISIN US37960A5948
Primary Exchange Nasdaq
Shares Outstanding 100,000
Number of Holdings 32
30-Day Median Bid-Ask Spread 0.36%

Distributions As of 04/23/24

30-Day SEC Yield 0.14%
Distribution Frequency Semi-Annually

ETF Prices As of 04/23/24

NAV $29.75 Daily Change $0.61 2.09%
Market Price $29.87 Daily Change $0.68 2.33%

Performance History

As of recent month & quarter-end (03/31/24)
Fund NAV Market Price Index
Year-to-Date 6.76% 6.61% 6.89%
1 Month 2.27% 2.59% 2.33%
3 Months 6.76% 6.61% 6.89%
Since Inception 30.74% 30.90% 31.27%
Year-to-Date 6.76% 6.61% 6.89%
1 Month 2.27% 2.59% 2.33%
3 Months 6.76% 6.61% 6.89%
Since Inception 30.74% 30.90% 31.27%

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 04/23/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.69 ABNB AIRBNB INC-CLASS A BMGYYH4 160.95 1,607 258,646.65
8.57 CSGP COSTAR GROUP INC 2262864 84.62 3,014 255,044.68
7.96 BEKE KE HOLDINGS INC-ADR BMBX7M2 13.61 17,389 236,664.29
7.88 GWRE GUIDEWIRE SOFTWARE INC B7JYSG3 113.78 2,059 234,273.02
7.79 PCOR PROCORE TECHNOLOGIES INC BLH11J8 71.73 3,232 231,831.36
4.80 G24 GR SCOUT24 SE BYT9340 73.60 1,939 142,715.38
4.51 REA AU REA GROUP LTD 6198578 117.66 1,141 134,248.77
4.39 ALRM ALARM.COM HOLDINGS INC BYN7H26 66.15 1,975 130,646.25
4.36 NEM GR NEMETSCHEK SE 5633962 87.51 1,483 129,777.37
4.35 APPF APPFOLIO INC - A BYN7H48 219.33 590 129,404.70
4.31 RMV LN RIGHTMOVE PLC BGDT3G2 6.49 19,752 128,245.07
4.12 REZI RESIDEO TECHNOLOGIES INC BFD1TJ6 19.78 6,195 122,537.10
3.69 Z ZILLOW GROUP INC - C BYXJF62 43.63 2,514 109,685.82
3.26 HEM SS HEMNET GROUP AB BN2RJ91 27.64 3,506 96,890.88
3.16 ADT ADT INC BFWCP81 6.36 14,798 94,115.28
2.60 IWG LN IWG PLC BYVQYS0 2.31 33,502 77,269.37
2.34 RKT ROCKET COS INC-CLASS A BMD6Y84 12.63 5,499 69,452.37
1.88 OPEN OPENDOOR TECHNOLOGIES INC BL96T19 2.23 25,138 56,057.74
1.88 MTTR MATTERPORT INC BN75T01 4.60 12,177 56,014.20
1.70 HYQ GR HYPOPORT SE B28XLF6 267.45 189 50,548.27
1.54 ARLO ARLO TECHNOLOGIES INC BYWPZY9 10.93 4,191 45,807.63
1.51 PXA AU PEXA GROUP LTD BMD0WJ3 7.78 5,764 44,834.10
0.85 UWMC UWM HOLDINGS CORP BMDJ3B9 6.41 3,963 25,402.83
0.77 DHG AU DOMAIN HOLDINGS BF17Y13 1.98 11,478 22,747.26
0.61 BLND BLEND LABS INC-A BP8K987 2.48 7,294 18,089.12
0.61 SMRT SMARTRENT INC BPCHD26 2.32 7,776 18,040.32
0.40 PRCH PORCH GROUP INC BNGJQZ8 3.32 3,535 11,736.20
0.34 2980 JP SRE HOLDINGS CORP BL4KJ49 23.51 435 10,229.01
0.32 909 HK MING YUAN CLOUD BMC5QM0 0.27 35,490 9,465.63
0.25 3491 JP GATECHNOLOGIES CO LTD BFWVYJ2 8.44 862 7,278.23
0.24 ANGI ANGI INC BF4VWH4 2.09 3,383 7,070.47
0.18 OTHER PAYABLE & RECEIVABLES 1.00 5,410 5,410.10
0.15 BETR BETTER HOME & FINANCE BMGC207 0.42 10,419 4,334.30
0.01 CASH 1.00 339 339.46
0.00 EURO 1.07 2 2.08
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 03/31/24

Sector Weight (%)
Information Technology 33.1
Communication Services 19.5
Real Estate 16.9
Industrials 16.4
Consumer Discretionary 9.4
Financials 4.6
Consumer Staples 0.2

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Internet Software/Services 34.9
Information Technology Services 19.5
Packaged Software 16.6
Miscellaneous Commercial Services 13.9
Other Consumer Services 9.7
Finance/Rental/Leasing 3.6
Financial Conglomerates 1.7
Other 0.1

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 63.1
Germany 10.6
China 8.4
Australia 6.8
Britain 4.3
Sweden 3.5
Switzerland 2.5
Japan 0.7
Other 0.1

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 04/23/24

Return on Equity 10.90%
Weighted Avg. Market Cap 18,333 M
2023 2024
Price-to-earnings 37.20 34.19
Price-to-book value 3.90 3.56

Source: new windowAltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. PropTech companies are primarily exposed to the risks specific to the technology and real estate markets. Narrowly focused investments will be more susceptible to factors affecting that sector and subject to more volatility. Technology companies 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. PTEC 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. The 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, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. 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 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 Global X PropTech Index is owned and was developed by Global X Management Company LLC for use by 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.