PTEC


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 12/10/24

Inception Date 04/11/23
Total Expense Ratio 0.51%
Net Assets $1.78 million
NAV $35.57
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 12/10/24

Ticker PTEC
Bloomberg Index Ticker GXPTECN
CUSIP 37960A594
ISIN US37960A5948
Primary Exchange Nasdaq
Shares Outstanding 50,000
Number of Holdings 32
30-Day Median Bid-Ask Spread 0.37%

Distributions As of 12/10/24

30-Day SEC Yield 0.08%
Distribution Frequency Semi-Annually

ETF Prices As of 12/10/24

NAV $35.57 Daily Change -$0.56 -1.55%
Market Price $35.56 Daily Change -$0.63 -1.74%

Performance History

As of recent
(09/30/24)
As of recent
(09/30/24)
Fund NAV Market Price Index
1 Year 30.11% 30.18% 30.83%
Since Inception 24.56% 24.74% 25.12%
1 Year 35.95% 36.55% 36.68%
Since Inception 26.87% 27.04% 27.45%
Year-to-Date 12.88% 12.81% 13.31%
1 Month 7.33% 7.41% 7.38%
3 Months 10.20% 10.53% 10.36%
Since Inception 38.23% 38.51% 39.15%
Year-to-Date 20.69% 20.63% 21.25%
1 Month 9.41% 9.35% 9.46%
3 Months 14.75% 14.86% 14.91%
Since Inception 47.79% 48.12% 48.90%

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 12/10/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.53 Z ZILLOW GROUP INC - C BYXJF62 82.02 2,283 187,251.66
9.40 BEKE KE HOLDINGS INC-ADR BMBX7M2 20.34 8,214 167,072.76
8.17 ABNB AIRBNB INC-CLASS A BMGYYH4 138.30 1,051 145,353.30
7.98 GWRE GUIDEWIRE SOFTWARE INC B7JYSG3 171.34 828 141,869.52
7.09 CSGP COSTAR GROUP INC 2262864 76.43 1,650 126,109.50
5.39 PCOR PROCORE TECHNOLOGIES INC BLH11J8 80.34 1,194 95,925.96
4.87 G24 GR SCOUT24 SE BYT9340 91.65 945 86,611.19
4.84 RMV LN RIGHTMOVE PLC BGDT3G2 8.58 10,029 86,011.04
4.50 REZI RESIDEO TECHNOLOGIES INC BFD1TJ6 26.79 2,988 80,048.52
4.49 APPF APPFOLIO INC - A BYN7H48 256.61 311 79,805.71
4.20 REA AU REA GROUP LTD 6198578 154.02 485 74,699.75
4.07 NEM GR NEMETSCHEK SE 5633962 103.21 702 72,451.34
3.78 ALRM ALARM.COM HOLDINGS INC BYN7H26 68.06 988 67,243.28
3.58 ADT ADT INC BFWCP81 7.33 8,679 63,617.07
2.88 HEM SS HEMNET GROUP AB BN2RJ91 31.55 1,625 51,268.46
1.88 IWG LN INTERNATIONAL WO BYVQYS0 2.12 15,735 33,436.07
1.77 RKT ROCKET COS INC-CLASS A BMD6Y84 12.58 2,501 31,462.58
1.55 MTTR MATTERPORT INC BN75T01 4.87 5,660 27,564.20
1.41 ARLO ARLO TECHNOLOGIES INC BYWPZY9 13.19 1,898 25,034.62
1.35 OPEN OPENDOOR TECHNOLOGIES INC BL96T19 2.07 11,570 23,949.90
1.08 BLND BLEND LABS INC-A BP8K987 5.09 3,774 19,209.66
1.07 PXA AU PEXA GROUP LTD BMD0WJ3 8.10 2,346 19,008.78
0.86 HYQ GR HYPOPORT SE B28XLF6 184.77 83 15,336.30
0.61 UWMC UWM HOLDINGS CORP BMDJ3B9 6.13 1,774 10,874.62
0.49 DHG AU DOMAIN HOLDINGS BF17Y13 1.70 5,094 8,663.82
0.43 HIPO HIPPO HOLDINGS INC BMHG0X7 28.67 267 7,654.89
0.43 PRCH PORCH GROUP INC BNGJQZ8 5.14 1,471 7,560.94
0.36 SMRT SMARTRENT INC BPCHD26 1.82 3,530 6,424.60
0.35 909 HK MING YUAN CLOUD BMC5QM0 0.38 16,490 6,298.67
0.24 2980 JP SRE HOLDINGS CORP BL4KJ49 21.20 200 4,239.93
0.17 3491 JP GATECHNOLOGIES CO LTD BFWVYJ2 8.18 367 3,001.14
0.15 ANGI ANGI INC BF4VWH4 1.89 1,362 2,574.18
0.02 CASH 1.00 350 349.54
0.02 OTHER PAYABLE & RECEIVABLES 1.00 289 289.13
0.00 EURO 1.05 2 2.04
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 11/30/24

Sector Weight (%)
Information Technology 27.3
Communication Services 23.1
Real Estate 16.1
Consumer Discretionary 15.6
Industrials 11.9
Financials 4.1
Materials 1.8
Other 0.1

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Software & Services 25.9
Media & Entertainment 23.2
Consumer Services 11.6
Real Estate Management & Development 10.1
Commercial & Professional Services 7.5
Equity Real Estate Investment Trusts (REITs) 6.1
Capital Goods 4.5
Consumer Discretionary Distribution & Retail 4.1
Financial Services 3.6
Materials 1.9
Technology Hardware & Equipment 1.2
Other 0.3

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 65.8
Germany 9.8
China 8.9
Australia 6.0
Britain 4.6
Sweden 2.7
Switzerland 1.9
Japan 0.4

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 12/10/24

Return on Equity 11.50%
Weighted Avg. Market Cap 19,599 M
2023 2024
Price-to-earnings 41.06 37.40
Price-to-book value 4.55 4.11

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/24

Versus Beta
S&P 500 1.52
NASDAQ-100 1.13
MSCI EAFE 1.18
MSCI Emg. Mkts 1.26
Standard Deviation 22.70%

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.